All Finance Stories

  1. Fed's Daly: AI Shows 'Green Shoots' in Productivity, But Not Yet in Economy

    Fed's Daly: AI Shows 'Green Shoots' in Productivity, But Not Yet in Economy

    San Francisco Fed President Mary Daly reports AI-driven productivity gains at select firms but not yet economy-wide, drawing parallels to electricity's adoption curve.

    last wk. 1 min read
  2. AllianzGI in Exclusive Talks to Buy UOB Asset Management for $467M

    AllianzGI in Exclusive Talks to Buy UOB Asset Management for $467M

    Allianz Global Investors is in exclusive negotiations to acquire UOB Asset Management from Singapore's United Overseas Bank for up to S$600 million.

    last wk. 2 min read
  3. Foreign Investors Flee Seoul: $30 Billion Exits South Korean Stocks

    Foreign Investors Flee Seoul: $30 Billion Exits South Korean Stocks

    A record foreign sell-off is hammering the KOSPI. $13.2B was pulled in a single week, led by profit-taking on Samsung and SK Hynix.

    last wk. 1 min read
  4. Indonesia's Markets in Crisis: Stocks Crash 37%, Rupiah Hits All-Time Low

    Indonesia's Markets in Crisis: Stocks Crash 37%, Rupiah Hits All-Time Low

    Indonesia faces a severe financial crisis as stocks plunge 37% from peak and the rupiah hits record lows, prompting a massive exodus of global investors.

    last wk. 2 min read
  5. Dow Surges 900 Points in Final Hour, Record Close on Sector Rotation

    Dow Surges 900 Points in Final Hour, Record Close on Sector Rotation

    Dow hits record high as investors rotate from tech into healthcare and financials. UnitedHealth leads the charge.

    last wk. 1 min read
  6. SpaceX Keeps $135 IPO Price, Aims for Record $75 Billion Raise

    SpaceX Keeps $135 IPO Price, Aims for Record $75 Billion Raise

    SpaceX confirms a $135 per share IPO price, targeting a historic $75 billion raise and a valuation near $1.77 trillion.

    last wk. 1 min read
  7. Nassau County Tobacco Bond Default Breaks 20-Year Streak

    Nassau County Tobacco Bond Default Breaks 20-Year Streak

    Nassau County defaults on $36M tobacco bond payment, the first-ever in the $80B sector, sending bonds to 52 cents on the dollar.

    last wk. 1 min read
  8. Record $3.7B Exodus from Hong Kong ETFs as Investors Flock to Mainland AI and Semiconductor Stocks

    Record $3.7B Exodus from Hong Kong ETFs as Investors Flock to Mainland AI and Semiconductor Stocks

    Mainland Chinese investors pulled a record 24.6 billion yuan from Hong Kong equity ETFs in a single week, redirecting capital into domestic AI and semiconductor stocks.

    last wk. 1 min read