Tech news TSMC’s stocks soar on broker optimism ahead of earnings release Nada Ali Jul 8, 2024 0 TSMC's stock jumped as much as 4.5 per cent, extending its year-to-date rally to over 75 per cent.
Featured European shares flat as mining stocks dampen gains Aya El Sayed Jun 24, 2024 0 European shares opened flat on Monday, with the pan-European STOXX 600 holding steady at 515.06 points as of 0712…
Banks China’s CITIC cuts banker pay at CLSA Nada Ali Jun 5, 2024 0 China's CITIC Securities is slashing base salaries for over 100 bankers at its Hong Kong-based platform, CLSA.
unclassified Deutsche Bank sets highest S&P 500 year-end target at 5,500 Aya El Sayed May 20, 2024 0 Deutsche Bank has increased its year-end S&P 500 target for 2024 to 5,500, the highest among major brokerages,…
Featured Choose France Summit to draw €15b in foreign investment Aya El Sayed May 13, 2024 0 The annual ‘Choose France’ summit, aimed at attracting foreign investment, is set to bring in 15 billion euros…
International News Morgan Stanley to open new Paris office, adding 100 jobs Aya El Sayed May 12, 2024 0 Morgan Stanley will open a new European office in Paris, creating an additional 100 jobs, according to France’s…
Financial Institutions Fed may delay rate cuts to Sept. – Morgan Stanley Nada Ali May 8, 2024 0 Investment bank Morgan Stanley pushed back its forecast for US Federal Reserve rate cuts to September from their…
Featured Egypt’s economic performance to beat June targets – minister Aya El Sayed Apr 30, 2024 0 Egypt’s economic and financial performance is showing positive developments, with expectations to surpass targets…
Featured Abu Dhabi raises $5b from eurobond market after 3-yr hiatus Aya Anwar Apr 24, 2024 0 Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Featured Abu Dhabi to re-enter eurobond market after 3-yr absence Aya Anwar Apr 23, 2024 0 Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…