Stock futures are little changed after Dow posts third-straight losing day: Live updates
U.S. stock futures were little changed Wednesday night after the Dow Jones Industrial Average notched a third-straight losing day.
Morgan Stanley in asian news
CNBC Daily Open: U.S. seeks Boeing guilty plea
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Nike CEO John Donahoe comes under fire as stock sees worst day on record
Nike CEO John Donahoe appears to be on thin ice.
Fed and European Central Bank could cut interest rates in September, Morgan Stanley strategist says
The U.S. Federal Reserve and European Central Bank could move to cut interest rates in September as key data provides further signs that inflation is cooling in the U.S. and the euro zone, a Morgan Stanley strategist said Friday.
Plaintiffs exceed 100 in suits against MUFG over Credit Suisse bonds
TOKYO -- Fourteen additional retail investors in Credit Suisse bonds that had their value wiped out sued Mitsubishi UFJ Morgan Stanley Securities on Friday, bringing the total number of plaintiffs in similar cases to over 100.
Webtoon Entertainment prices U.S. IPO at top of range to raise about $315 million
Webtoon Entertainment has priced its initial public offering (IPO) at the top of its indicated range, seeking to raise about $315 million, the online comics platform said on Wednesday.
Hyundai Motor India’s attention-grabbing IPO
Shifting attention away from US and EU tariffs on Chinese electric vehicles and the exploits of Tesla’s Elon Musk at least for a moment, the Indian subsidiary of Hyundai Motor is preparing for an initial public offering on the stock market in Mumbai.
Shares of Australian fast-food chain Guzman y Gomez soar as much as 39% on trading debut
Mexican-themed fast-food chain Guzman y Gomez made a stellar debut on the Australian Stock Exchange on Thursday, with its shares soaring as much as 39.1%.
Oil prices rise as supply-demand balance expected to tighten in third quarter
Crude oil futures rose Wednesday as traders bet on tightening supplies later in the year. The Federal Reserve's indication of just one interest rate cut this year and bearish U.S. stockpile data limited the gains. The Department of Energy sees global demand rising this year by 1.1 million barrels per day, or bpd, up from a previous forecast of 900,000 bpd. The increased demand implies a supply deficit, with world production expected to rise 800,000 bpd in 2024.