Arbitrage trade backfires as TSMC frenzy grows
Taipei: The long-favoured arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co’s (TSMC) Taipei shares while shorting its US listing is…
Markets
Paris loses crown as Europe’s biggest stock market to London
PARIS: France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two…
Shanghai shares end at two-month low as traders gauge lacklustre data
SHANGHAI: Mainland China and Hong Kong stocks ended lower on Monday, with the key benchmark closing at its lowest level…
Asia shares muted on China data, euro on defensive
SYDNEY: Asian share markets were in the red on Monday as mixed Chinese economic news underlined the country's bumpy recovery,…
China stocks down on weaker-than-expected data, HK shares up
SHANGHAI: Mainland China stocks fell on Monday, hurt by a flurry of weaker-than-expected data that showed the property sector remains…
Asia shares muted on mixed China data, euro pressure
SINGAPORE: Asian share markets were mostly softer on Monday as mixed Chinese economic news underlined the country's bumpy recovery, while…
S.Korean shares retreat from 26-month high as e-commerce firms drag
SEOUL: Round-up of South Korean financial markets:
Property and construction likely to get bigger index representation
PETALING JAYA: The recent review of the Bursa Malaysia indices saw additions of a number of property and construction counters…
Wall St Week Ahead: High rates pressure US retail stocks
Elevated US interest rates are pressuring the US retail sector, where shares of many companies have been dented by months of tight…