Burnham's Labour Ascendancy: UK Markets Brace for Economic Overhaul
New Prime Minister Andy Burnham's economic overhaul pledges greater public control of essential services.
New Prime Minister Andy Burnham's economic overhaul pledges greater public control of essential services.
Bond traders unwind positions after benign inflation reports, signaling a Fed pause.
South Korean regulators halted new single-stock leveraged ETF listings. This action aims to curb systemic fragility from speculative excess.
Malaysia's central bank held rates steady at 2.75% despite robust economic performance.
SPCX shares debuted at $135, briefly soaring past $200 before a sharp decline. Investors are now reassessing its valuation based on future free cash flows.
Stripe and Advent International's $53 billion offer for PayPal highlights its strong free cash flow.
China's Q2 GDP growth disappointed, hitting a soft 4.3% year-on-year. This indicates significant structural challenges within its domestic consumption.
President Trump reversed a proposed Strait of Hormuz cargo fee, preventing a significant increase in global oil shipping costs.
Current market optimism discounts persistent inflation and restrictive Fed policy.
A trillion-dollar valuation rout grips AI-inflated tech as ASML and TSMC prepare earnings.