Business

The vibe on Wall Street post Donald Trump’s re-election: bring on the good times. “This election was about whether you were more scared of four years of the same or more scared of four years of change,” Apollo Global (APO) co-founder and CEO Marc Rowan said at Yahoo Finance’s Invest …

The recent post-election rally in the price of Bitcoin (CRYPTO: BTC) has been nothing short of jaw-dropping. In a week, Bitcoin soared by nearly 30% to a new all-time high of $93,434. And we might just be getting started, with some analysts now predicting that Bitcoin could be on the …

(Bloomberg) — Bitcoin recovered from its biggest two-day retreat since the US election in choppy trading that reflects shifting assessments of the impact of President-elect Donald Trump’s policy agenda. Most Read from Bloomberg The digital asset fell almost 3% over Saturday and Sunday before rising back to $92,000 as of …

(Bloomberg) — Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity trades for 2025 and said prices could extend gains during Donald Trump’s presidency. Most Read from Bloomberg “Go for …

BANGKOK (AP) — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day. Japan’s Nikkei 225 index dropped 1% to 38,255.65 as the yen regained some strength against the U.S. dollar after the central bank governor, Kazuo Ueda, indicated that the …

(Bloomberg) — Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won ($7.2 billion) of its own stock over the next year. Most Read from Bloomberg The stock rose as much as 7.5% in Seoul trading Monday, adding to …

(Bloomberg) — Wall Street brokerages have turned more cautious on Chinese stocks as persistent deflationary pressures and geopolitical tensions cloud the outlook for earnings in the world’s second-largest equity market. Most Read from Bloomberg Morgan Stanley strategists reduced Chinese equities to a slight underweight within the region, while Goldman Sachs …

By Rae Wee SINGAPORE (Reuters) – Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia, while in Japan, a speech from its central bank’s head left markets none the wiser on the country’s rate outlook. Bank of Japan Governor Kazuo Ueda reiterated …

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By Wayne Cole SYDNEY (Reuters) – The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts burnished its attractiveness, though the risk of intervention had caused a pullback against the yen. Yen bears were tense in …