A Supreme Court ruling against Samsung Securities regarding its 2018 'ghost shares' scandal has increased the potential civil liability for Korean brokerages, emphasizing that internal control failures can lead to investor claims in addition to regulatory penalties.
Celltrion's strong second-quarter results have led to numerous target-price upgrades from brokerages, with analysts citing the Korean biopharmaceutical company's expanding portfolio and improved profitability.
Hindustan Unilever Ltd.'s shares received upgrades from at least five brokerages following earnings that triggered its worst selloff in over six years.
Zerohash is expanding its services by enabling crypto staking capabilities for traditional banks and brokerages, bridging the gap between traditional finance and cryptocurrency.
An article provides a guide to Initial Public Offering (IPO) investing, explaining what IPO stocks are and how to gain access to them. It notes that some brokerages offer IPO access before a company goes public, while shares become available to anyone once trading begins.
Shares of Cerebras Systems climbed after Wall Street brokerages expressed support for the company's artificial intelligence (AI) chip strategy. This endorsement signals confidence in Cerebras's approach to the competitive AI hardware market.
Major financial institutions in Japan and Italy have begun offering new ways for clients to invest in cryptocurrencies. Japan's largest brokerages are now providing access to Bitcoin and Ethereum, while Italy's biggest bank has added Bitcoin, Ethereum, and XRP exposure.
Goldman Sachs has increased its 12-month Kospi target to 9,000, one of the highest among major brokerages, asserting that South Korean stocks remain cheap even after a significant rally that has seen the benchmark rise over 75 percent this year.
Securities firms within major South Korean financial holding groups emerged as significant profit contributors in the first quarter, reporting strong earnings fueled by a robust stock market rally.
TikTok's top creator, Khaby Lame, announced a $975 million deal that has since encountered issues, with brokerages reportedly restricting or blocking trading in the associated stock, causing uncertainty.
Brokerages reinstate 'add' and 'buy' ratings on Aster DM, Marico, and Hindalco, citing robust growth prospects driven by mergers, value-added products, and domestic demand. Tata Motors PV sees a target price cut due to JLR woes and rising costs, while JSW Infrastructure maintains strong growth targets despite geopolitical headwinds.
Voltas stock experienced a 2.5% drop following its Q1 earnings report. Brokerages are divided as margin concerns appear to outweigh strong growth in the air conditioning sector.
SK Hynix shares have risen significantly after several brokerages and financial firms initiated coverage with bullish ratings. This positive outlook reflects strong confidence in the company's future performance.
Thailand's securities brokerage industry is undergoing a transformation, with firms diversifying revenue streams beyond traditional brokerage services due to pressure from declining commission fees and volatile trading volumes.
South Korea's securities firms reported a record net profit of 4.33 trillion won ($2.63 billion) in the first quarter of this year, nearly half of last year's total, driven by a significant increase in stock trading activity.
Global stock markets experienced a downturn, with European and South Korean stocks plunging due to renewed geopolitical tensions in the Middle East and concerns over the tech sector's AI rally. Oil prices, however, saw a sharp increase following the escalation of conflict in the region.
Chinese regulators have recently tightened scrutiny on offshore brokerages, including Futu and Tiger Brokers, making it harder for individual investors to access U.S. stocks and potentially benefiting other market players.
Interactive Brokers has quietly established itself as one of the best-managed brokerages on Wall Street, earning recognition for its operational efficiency and performance.
Taiwanese brokerages are reportedly seeking approximately $1 billion in loans as the local market experiences a significant boom, indicating increased activity and demand for capital within the financial sector.
South Korean brokerages are enhancing their infrastructure and seeking partnerships for foreign omnibus accounts to attract more international investors, driven by the recent KOSPI tech rally.
Brokerages have increased their earnings forecasts and price targets for Samsung Electronics, citing strong momentum from AI-driven memory demand and anticipated long-term supply contracts with major tech firms.
Airtel's decision to discontinue several prepaid plans, leading to price hikes, is now estimated by brokerages to result in per-user revenue lifts ranging from Rs 4 to Rs 12.
Leading Chinese brokerages express optimism for a rebound in domestic A-share tech and chip stocks in August, contrasting with a recent sell-off in South Korean financial markets.
Mizuho analysts predict Robinhood's stock will soar as the trading platform moves closer to becoming the first true 'hyperscaler' among online brokerages.
Hong Kong's Paul Chan stated that Beijing's recent investigation into three brokerages—Futu Securities, Tiger Brokers, and Long Bridge—was partly motivated by concerns over foreign exchange 'leakage' and the need to protect mainland China's retail investors.
A think tank reports that retail investors in South Korea have reached their borrowing limits at various brokerages, indicating high leverage in the market.
Labour leader Keir Starmer has accused Elon Musk of interfering in UK politics by attempting to sow division regarding the murder of Henry Nowak. This comes as the Prime Minister stated Nowak deserves a legacy beyond his tragic death, and discussions around the case continue to generate controversy.
China's toughest crackdown yet on offshore brokerages is closing a popular route to overseas markets for mainland investors, with analysts suggesting the move is about more than just investor protection.
Chinese billionaire Leaf Li's wealth decreased by over a quarter, or US$1.7 billion, after Beijing announced a crackdown on online brokerages providing unauthorized cross-border trading services.
South Korean brokerages anticipate that the upcoming retail expansion of omnibus accounts for foreign investors could serve as a new growth engine, as easier access to Korean stocks attracts increasing interest from overseas traders, contributing to Samsung Securities' 40% rally.
South Korean brokerage firms are projected to report robust first-quarter earnings, driven by increased trading activity despite ongoing market volatility from geopolitical tensions and macroeconomic pressures.
An Iranian aggression against Kuwait targeted a power and water desalination plant, resulting in the death of an Indian worker and significant material damage. Kuwaiti authorities confirmed the attack, with reports of Tehran also targeting other infrastructure.
BusinessbloombergSCMPobservador+3dnevnik-bgTimes of Indiahk-free-press5mo ago6 sources
Hong Kong’s anti-graft watchdog and financial regulator have arrested eight people and raided three firms over suspected insider dealing and corruption worth HK$315 million in illicit profits. These arrests underscore the city's commitment to upholding stock market integrity amid a surge in new listings and share placements.