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US markets

  • Trump turmoil in Asia sends chills through Seoul while China keeps its cool

    Markets

    The war in the Middle East has sent shockwaves through global markets, stoking volatility across exchanges and asset classes everywhere. But one region, Asia, has been particularly exposed, due to its position at the forefront of the daily trading cycle.  As the latest on-the-ground headlines line up alongside President Donald Trump’s erratic social media posts [...]

    Abrdn's Asia Dragon has recorded chronic underperformance in recent years.
  • US markets hold steady after Trump’s expletive weekend ultimatum

    Markets

    US markets held their nerve on Monday, as Wall Street traders returned to their desks for the first full session after President Donald Trump’s explosive, expletive-strewn demands for Iran to re-open the Strait of Hormuz. Brent crude oil held the $107-a-barrel mark. But the global benchmark eased overall, by $1.50 to $107.54. European stock exchanges [...]

    Donald Trump speaking at a press conference podium with an American flag backdrop, emphasizing political discourse
  • Space X kicks off IPO process with confidential filing

    Business

    Elon Musk’s Space X has confidentially filed to go public, bringing the rocket company a step closer to delivering what is expected to be the largest initial public offering in history. The Texas-based company submitted its draft IPO paperwork to the US Securities and Exchange Commission this week, according to the Financial Times, citing two [...]

    Elon Musk founded Spacex and remains its CEO and chief engineer.
  • Investors swerve bitcoin as they look to ride out market volatility

    March 25, 2026

    Retail investors are turning away from bitcoin in favour of mainstream assets in a bid to avoid the effects of wider market volatility.  Investors’ optimism of the digital asset is cooling, with only 54 per cent expecting bitcoin’s price to rise over the next 12 months, down from 65 per cent last quarter, according to [...]

  • Primark appoints Eoin Tonge as chief executive

    March 5, 2026

    Fast fashion juggernaut Primark has appointed a new chief executive, as the company looks to tighten its product offerings and bolster marketing firepower. Primark owner Associated British Foods (ABF) appointed Eoin Tonge permanent chief executive on Thursday, cementing him in the top job following his tenure as interim chief. Tonge has served as a director [...]

  • Hong Kong exchange reports record profits as listings rocket

    February 26, 2026

    Hong Kong’s stock exchange operator has posted a second consecutive year of record profits, after the city became one of the top listing destinations globally, following a slump. Net profit rose 36 per cent to HK$17.8bn (£1.7bn) in 2025, Hong Kong Exchanges and Clearing confirmed. Core business revenues, which include fees from trading and clearing [...]

  • Ask the expert: How should I invest if I’m worried about an AI bubble?

    February 24, 2026

    Fidelity personal finance specialist Marianna Hunt is back on hand to answer your burning questions. This week Marianna helps a reader who is fearful of a potential tech-fuelled stock market crash. Q:I’ve built up reasonable savings in my ISA, workplace pension and SIPP. Most of my investments are in global index funds, so I’m heavily [...]

  • Trump’s tariff decisions send shockwaves through the markets

    February 23, 2026

    Global assets and markets have once more found themselves reeling from the aftershocks of Trump’s tariffs decision, after his weekend announcement sent investors scrambling. The US president announced a 15 per cent blanket tariff on Saturday in rebuttal to the Supreme Court striking down his signature economic policy. Bitcoin suffered a sharp selloff on Monday [...]

  • US markets rally as tech stocks look to boost AI capabilities

    February 19, 2026

    US markets closed higher on Wednesday, as tech stocks reaped the benefits of investors once again brushing off fears of an AI bubble. Tech stock share prices boomed, following reports from Bloomberg that Open AI is close to finalising the first phase of a new funding round, which is expected to bring in more than [...]

  • Why does no one want to buy Costa Coffee?

    January 15, 2026

    The coffee’s gone cold and the milk has soured for the once dominant high street staple Costa, as owner Coca-Cola struggles to find a buyer to take the chain off its hands. The US beverage giant suspended talks with remaining bidders earlier this week, blaming the decision on low offers, bringing the months-long auction process [...]

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