Financial markets
As widely expected, the US Federal Reserve has decided to lower interest rates for the second month in a row, further fueling the enthusiasm for AI tech stocks and driving markets to all-time highs. However, the ongoing government shutdown and persistently high inflation may hinder further rate cuts. Investment Manager
Financial markets
The US Federal Reserve cut interest rates for the second consecutive month, reducing borrowing costs to 3.75-4 per cent. Despite this move, Fed Chairman Jerome Powell warned that another monetary easing in December is not guaranteed, citing strongly differing views on the rate-setting committee. The decision comes amidst a
Financial markets
On October 30, 2025, the shares of National Central Cooling Co. PJSC, known as TABREED, displayed a significant performance on the Dubai Financial Market (DFM). The company's stock fluctuated throughout the trading session, opening at 3.030 AED and reaching a high of 3.060 AED, before settling
Financial markets
Texxon Holding Limited, a leading provider of supply chain management services in the plastics and chemical industries in East China, announced the closing of its Initial Public Offering (IPO) on October 23, 2025. The company issued 1,900,000 ordinary shares at a public offering price of US$5.00
Financial markets
Wellchange Holdings Company, a Nasdaq-listed software solution services provider, has been granted an additional 180-calendar-day compliance period to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The initial 180-day compliance period expired on October 27, 2025, and the company must now maintain a
Financial markets
Credit market participants are adjusting their risk profiles following the bankruptcy of auto parts company First Brands Group and subprime auto lender Tricolor Holdings, raising concerns about the health of the sector. JPMorgan Chase & Co. took a $170-million charge in its third quarter related to Tricolor, prompting CEO Jamie
Financial markets
Nvidia, the Silicon Valley chipmaker, has achieved a new milestone by becoming the world's first $5 trillion company, driven by strong sales of its artificial intelligence (AI) semiconductors and the prospect of greater access to the Chinese market. This remarkable growth follows a stunning rally that underscores the
Financial markets
The JS Global Banking Sector Exchange Traded Fund (ETF) demonstrated stability in the Pakistan Stock Exchange on October 30, 2025, with consistent pricing across different market codes. The ETF's steady performance in the Futures market, Over the Counter market, Square Off segment, and Regular market suggests a stable
Financial markets
The Bank of Canada cut its policy rate by a quarter-percentage point to 2.25 per cent, a decision that was met with anticipation by financial markets. However, the future path of the bank's policy rate remains uncertain due to conflicting economic data and looming uncertainties surrounding tariffs
Financial markets
INLIF LIMITED, a company engaged in the research, development, manufacturing, and sales of injection molding machine-dedicated manipulator arms, announced that it received a deficiency letter from the Nasdaq Listing Qualifications Department due to the company's failure to maintain a minimum bid price of $1.00 per share for
Financial markets
DBV Technologies, a clinical-stage biopharmaceutical company, will participate in the American College of Allergy, Asthma & Immunology (ACAAI) 2025 Annual Scientific Meeting. The Company will host a Product Theater titled "Harnessing Immune Plasticity to Alter the Path of Food Allergy," featuring a panel of renowned allergists discussing immunological
Financial markets
Union Coop, listed on the Dubai Financial Market (DFM), displayed a stable performance on October 30, 2025, with its share price remaining unchanged throughout the trading session. The stock's stable performance was reflected in its trading data, with the highest and lowest prices recorded at 2.160 AED
