The recent ‘Materials Market’ report highlights a significant increase in global fibre production, which has more than doubled in recent years and is anticipated to reach 160 million tonnes by 2030 if current trends persist. A major contributing factor to this growth is the widespread adoption of polyester, which has…...

China’s central bank, the People’s Bank of China (PBOC), has introduced a swap facility as part of a comprehensive stimulus initiative aimed at bolstering the nation’s struggling economy. This mechanism is specifically designed to enhance liquidity for institutional investors looking to purchase stocks, which has subsequently catalyzed a significant rally…...

The landscape of global markets experienced notable shifts as Chinese stocks made a significant rebound on Thursday, erasing losses from the previous day. The renewed investor interest is largely tied to anticipations surrounding a significant press briefing scheduled for Saturday, during which market participants hope to gain clearer insights into…...

As the U.S. presidential election approaches, investors are gearing up for potential uncertainty and volatility that could impact a thriving stock market rally. Current polls indicate a highly competitive race between Democratic candidate Kamala Harris and Republican Donald Trump, with a recent Reuters/Ipsos poll showing Harris at 46% and Trump…...

In a turbulent trading session on Thursday, Chinese stocks experienced significant fluctuations as market participants eagerly anticipated a government briefing on fiscal policy scheduled for Saturday. By 10:20 a.m. local time, the CSI 300 Index had dipped by 0.3%, reversing an initial increase of up to 2.2%. This decline followed…...

On Thursday, Asian stock markets mostly experienced gains, buoyed by the record highs achieved on Wall Street. Japan’s Nikkei 225 index increased by 0.4% to 39,439.50 during morning trading, while Australia’s S&P/ASX 200 and South Korea’s Kospi also climbed by 0.6% and 0.3%, reaching 8,239.10 and 2,601.66, respectively. In Hong…...

Traders are closely monitoring the release of the Federal Reserve’s September meeting minutes as they seek clarity on the central bank’s stance regarding monetary policy and inflation. US stocks exhibited mixed performance early on a Wednesday, reflecting investor sentiment as they awaited insights that may influence the trajectory of interest…...

Asian equities are set to rise on Thursday, following a record high reached by US stocks, as investors await inflation data that could influence potential Federal Reserve policy easing. Equity futures indicate positive movements in Japan, Australia, and Hong Kong, buoyed by a weaker yen. In contrast, the index for…...

In light of the impending arrival of Hurricane Milton, Florida Chief Financial Officer Jimmy Patronis has been vocal about the state’s hurricane preparedness measures, particularly concerning the potential risks to electric vehicles (EVs) and the broader implications for insurance pricing and the cost of living in the Sunshine State. As…...

The COVID-19 pandemic highlighted the critical need for improved healthcare infrastructure and treatment development, emphasizing the healthcare sector’s resilience during economic downturns. This renewed focus on health investment has attracted analysts to evaluate leading firms in the healthcare space, particularly in pharmaceuticals and medical technology. Using the TipRanks’ Stock Comparison…...

On Wednesday, GSK plc announced a significant settlement deal aimed at resolving about 80,000 Zantac product liability cases currently pending in U.S. state courts. These cases, which claim that the heartburn medication Zantac (ranitidine) is linked to cancer, account for approximately 93% of all lawsuits against the company related to…...