08 January

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The Everything Rally Defies Washington Mayhem After Deadly Clash By Bloomberg

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(Bloomberg) -- An insurrection in the home of American democracy just became the latest shock that’s failed to derail the global bull market. The armed attack on the seat of government -- unprecedented in modern history -- is leaving nary a dent in most assets, underscoring both conviction in reflation trades after the Georgia runoff and the privileged position of the U.S. in...

08 January

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MSCI, FTSE Russell cut Chinese telecom firms from global indexes By Reuters

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SHANGHAI/SINGAPORE (Reuters) -Global index providers MSCI Inc and FTSE Russell said they would cut three Chinese telecom companies from their benchmarks in response to a U.S. investment ban, crushing the share prices and widening the fallout from the U.S. sanctions. The deletions add to the suite of firms already cut from world indexes because of the U.S. government ban and it likely...

08 January

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Hyundai Shares Jump Most Since 1988 After Report on Apple Tie-Up By Bloomberg

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(Bloomberg) -- Hyundai Motor Co. shares surged 18% in Seoul, the most intraday since 1988, after a report said that Apple Inc (NASDAQ:AAPL). was in talks with the automaker to cooperate on developing self-driving electric vehicles. The report by a cable TV unit of Korea Economic Daily said that the two companies were currently negotiating terms, but didn’t elaborate on where it obtained...

08 January

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Elon Musk overtakes Amazon’s Bezos to become world’s richest person – Bloomberg News By Reuters

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(Reuters) - Tesla Inc chief and billionaire entrepreneur Elon Musk surpassed Amazon.com Inc (NASDAQ:AMZN)'s top boss Jeff Bezos to become the world's richest man, Bloomberg News reported on Thursday. Including Thursday's gains in Tesla shares, Musk had a net worth of more than $188.5 billion, $1.5 billion more than Bezos, according to the report. (https://bloom.bg/3nnOz3U) ...

08 January

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Hyundai Motor shares surge 17.5% on report of battery tie-up with Apple By Reuters

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SEOUL (Reuters) - Shares of Hyundai Motor Co surged as much as 17.5% to 242,000 won ($221.35) on Friday on a media report of cooperation between South Korean automaker and Apple Inc (NASDAQ:AAPL) on developing electric cars and batteries. Hyundai Motor declined to comment on the matter. ($1 = 1,093.2700 won) ...

08 January

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MSCI says will delete three China telecom companies from its global indexes By Reuters

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SHANGHAI (Reuters) - Global index publisher said it will delete China Mobile, China Telecom and China Unicom Hong Kong from its global indexes. The three stocks will be deleted from MSCI ACWI Indexes, MSCI China All Shares Indexes and other related indexes as of the close of business on Jan 8. ...

08 January

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England to require travellers to show negative COVID tests By Reuters

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LONDON (Reuters) - Britain's government will require people entering England to present a negative COVID-19 test result on arrival starting next week to protect against new strains of the coronavirus from other countries, the government said on Friday. Passengers arriving by boat, plane or train will have to take a test up to 72 hours before departing for England, the transport ministry...

08 January

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Asian stocks jump as revived recovery hopes push Wall St to new highs By Reuters

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By Imani Moise NEW YORK (Reuters) - Asian stocks opened higher on Friday, with Japan hitting a three-decade high as investors looked beyond rising coronavirus cases and political unrest in the United States and bet on an economic recovery later in the year. Futures for the S&P 500 jumped 1.48% and Japan's Nikkei 225 rose 0.84%, hitting its highest level since August...

08 January

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Nasdaq Closes Above 13K for First Time Ever on Bets for Stronger Recovery By Investing.com

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By Yasin Ebrahim Investing.com – The Dow, S&P 500 and Nasdaq closed at record highs Thursday, led by tech as calls on lawmakers to remove President Donald Trump from office did little to cool bets on a stronger recovery on expectations that further fiscal stimulus is on the way after Democrats won control of the Senate. The Dow Jones Industrial Average rose 0.69%, or 211 points....

08 January

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Samsung Elec says Q4 profit likely rose 26%, in line with estimates By Reuters

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SEOUL (Reuters) - Samsung Electronics (LON:0593xq) Co Ltd said on Friday fourth-quarter operating profit likely rose 26% as pandemic-driven remote working and TV-watching fuelled sales of chips and display panels, offsetting weaker smartphone sales. The South Korean tech giant said operating profit was likely 9 trillion won ($8.23 billion) in the quarter ended December, in line with the 9.1 trillion won...

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News

The Everything Rally Defies Washington Mayhem After Deadly Clash By Bloomberg

MSCI, FTSE Russell cut Chinese telecom firms from global indexes By Reuters

Hyundai Shares Jump Most Since 1988 After Report on Apple Tie-Up By Bloomberg

Elon Musk overtakes Amazon’s Bezos to become world’s richest person – Bloomberg News By Reuters

Hyundai Motor shares surge 17.5% on report of battery tie-up with Apple By Reuters

MSCI says will delete three China telecom companies from its global indexes By Reuters

England to require travellers to show negative COVID tests By Reuters

Asian stocks jump as revived recovery hopes push Wall St to new highs By Reuters

Nasdaq Closes Above 13K for First Time Ever on Bets for Stronger Recovery By Investing.com

Samsung Elec says Q4 profit likely rose 26%, in line with estimates By Reuters

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