Indonesian Stocks Enter Correction on Slowing Economic Growth
  • November 29, 2024

Indonesian Stocks Enter Correction on Slowing Economic Growth

(Bloomberg) -- Indonesia’s benchmark stock index fell 10% from its year’s high, entering a technical correction brought on by slowing economic growth and regional uncertainties after Donald Trump’s win in the US election. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe Jakarta Composite Index closed 1.2% to its lowest since Aug. 5, with PT Bank M

French Yields Close In on Italy With Safe Market Image in Ruins
  • November 29, 2024

French Yields Close In on Italy With Safe Market Image in Ruins

(Bloomberg) -- First Ireland, then Portugal and Spain, and now Greece. One after another, countries at the heart of Europe’s debt crisis more than a decade ago are outshining France, as its standing as a safe-and-stable bond market disintegrates.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasAs the political crisis in Paris drags on, the question on

The vintage year for US stock markets that few people expected
  • November 29, 2024

The vintage year for US stock markets that few people expected

(Bloomberg) -- A year ago, equity investors and strategists braced for a potential turbulent 2024, worrying about the risk of a hard landing for the US economy and interest rates cuts that could come too late to prevent it. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasFast forward to now: 2024 is set to enter Wall Street’s hall of fame of bull yea

Enanta Pharmaceuticals’ Reduced Reporting: Potential Impact on Investor Appeal and Stock Volatility
  • November 29, 2024

Enanta Pharmaceuticals’ Reduced Reporting: Potential Impact on Investor Appeal and Stock Volatility

Enanta Pharmaceuticals (ENTA) has disclosed a new risk, in the Share Price & Shareholder Rights category. Enanta Pharmaceuticals, as a smaller reporting company under the Exchange Act, may opt to utilize reduced reporting and disclosure obligations, potentially impacting investor appeal and the market activity of its common stock. These exemptions include limited executive compensation disclosures and a requirement of only two years of audited financial statements, which may lead to heightened s

India’s IT Stocks Stand Out as Trump Win Boosts Spending Bets
  • November 29, 2024

India’s IT Stocks Stand Out as Trump Win Boosts Spending Bets

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasLarge Indian IT service providers’ stocks are poised for a further run-up after a recent rally, bucking the weak sentiment in other sectors as Donald

K-Pop Stars Quit Hybe in Shock Revolt That Slams Studio’s Stock
  • November 28, 2024

K-Pop Stars Quit Hybe in Shock Revolt That Slams Studio’s Stock

(Bloomberg) -- K-pop superstars NewJeans pulled the plug on their partnership with Hybe Co., escalating an unprecedented uprising that’s transfixed South Korea, wiping out as much as 7% of the studio’s value on Friday.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe chart-topping girl group called a surprise conference Thursday night and declared

Wall Street macro traders head for worst year since the pandemic
  • November 28, 2024

Wall Street macro traders head for worst year since the pandemic

(Bloomberg) -- The world’s banks are on track to report the lowest revenue from foreign-exchange and rates trading since the pandemic, hit by tighter margins and a challenging macroeconomic backdrop. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasListen to the Bloomberg Daybreak Europe podcast on Apple, Spotify or anywhere you listen.Over 250 firms