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Hong Kong stocks slide toward 11-month low on outlook for higher interest rates while rally in China Evergrande fizzles out - Vimarsana News

Hong Kong stocks slide toward 11-month low on outlook for higher interest rates while rally in China Evergrande fizzles out

The city’s stock market gets jittery amid concerns about higher interest rates and a surge in US Treasury yields. The rally in troubled Chinese developer China Evergrande fizzles out.

Source: scmp.com
European stocks steady as banks offset declines in utilities - Vimarsana News

European stocks steady as banks offset declines in utilities

European shares were nearly flat on Tuesday, with gains in banks and insurers offsetting losses in rate-sensitive utilities as bets that U.S. interest rates would remain higher for longer boosted...

Oil is heading for $100 a barrel – and that could spoil everything for the Fed - Vimarsana News

Oil is heading for $100 a barrel – and that could spoil everything for the Fed

The Federal Reserve is expected to hold interest rates steady on Wednesday, but stress that the war on soaring prices isn't over just yet.

Source: yahoo.com
Arm Eyes Second Day of Gains After Jumping 25% in Debut - Vimarsana News

Arm Eyes Second Day of Gains After Jumping 25% in Debut

(Bloomberg) -- Arm Holdings Plc’s second day of trading is proving to be a volatile one. Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatDisney Holds Initial Talks on Sale of ABC to Local Broadcaster NexstarThe chip designer’s shares are swinging between gains and losse

Source: yahoo.com
Arm jumps 25% on IPO - Vimarsana News

Arm jumps 25% on IPO

Semiconductor company Arm had a successful debut on the Nasdaq Fund Network yesterday, as the stock had been offered at…