Financial, technology leaders attend Saudi investment conference RIYADH/LONDON: Prominent leaders from the business, technology and financial world turned out to address a key... Published 29 Oct, 2024 03:02pm
Markets Morgan Stanley cuts Brent crude price view as market signals demand softness Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is... Published 09 Sep, 2024 04:46pm
Business & Finance Morgan Stanley’s profit jumps as investment banking recovers Morgan Stanley’s profit rose in the second quarter as investment banking activity rebounded. Its net income rose to... Published 16 Jul, 2024 05:02pm
Markets Treasuries slip, dollar firm as markets grapple with US politics SYDNEY: US bond futures slipped and the dollar firmed on Monday as investors wagered the attack on US presidential... Published 15 Jul, 2024 10:21am
Markets London stocks up as labour market data shows signs of cooling British equities opened on a positive note on Tuesday as investors cheered further signs of a cooling labour market... Published 11 Jun, 2024 01:35pm
Business & Finance France secures jobs, investments from Amazon, Pfizer and Morgan Stanley PARIS: France secured on Sunday new jobs and investments with Internet giant Amazon, healthcare company Pfizer and... Published 13 May, 2024 06:08am
World France wins jobs at Morgan Stanley and other investments ahead of key summit PARIS: France said Morgan Stanley would open a new European office in Paris, while two other companies announced a... Published 12 May, 2024 11:53am
Markets China stocks retreat; property leads losses HONG KONG: China and Hong Kong stocks fell on Wednesday, led by a decline in the property sector as market sentiment... Published 09 May, 2024 03:11am
Business & Finance Morgan Stanley cuts dozens of investment banking jobs in Asia-Pacific, sources say HONG KONG: Morgan Stanley is cutting at least 50 investment banking jobs in the Asia-Pacific region due to a deals... Published 17 Apr, 2024 11:18am
Business & Finance Global banking watchdog cracks down on big lenders gaming capital requirements LONDON: Global banking regulators proposed measures on Thursday to crack down on the world’s biggest banks that game... Published 08 Mar, 2024 03:14am
Life & Style Swiss watchmaker Rolex cements place as number 1 luxury brand, sales top $10bn: report Analysts at Morgan Stanley say market share 'unprecedented' Published 29 Feb, 2024 04:30pm
Markets Indian shares extend gains, led by public sector banks BENGALURU: Indian shares advanced on Thursday, led by a rally in energy and public sector banks, and supported by a... Published 16 Feb, 2024 06:02am
Business & Finance Morgan Stanley revenue beats on dealmaking rebound, takes $535m in charges NEW YORK: Morgan Stanley’s revenue beat fourth-quarter expectations on Tuesday, helped by a rebound in dealmaking... Published 22 Jan, 2024 05:37am
Markets Wall St slides as Treasury yields dent megacaps NEW YORK: Wall Street’s main indexes dropped on Wednesday, as rising Treasury yields pressured megacaps after... Published 18 Jan, 2024 05:54am
Markets Wall Street slips as big banks slide NEW YORK: Wall Street’s main indexes fell on Tuesday after mixed earnings from Morgan Stanley and Goldman Sachs... Published 17 Jan, 2024 06:02am
Print Morgan Stanley to pay $249m to settle US trading fraud charges NEW YORK: Morgan Stanley will pay $249 million to settle civil and criminal charges connected to stock trades where... Published 14 Jan, 2024 03:13am
Markets Morgan Stanley sees lower oil prices in 2024 on oversupply concerns Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining... Published 04 Jan, 2024 02:25pm
Business & Finance Morgan Stanley’s outgoing CEO says markets will take off after rate cuts Morgan Stanley’s outgoing CEO James Gorman said financial markets will “take off” once investors are sure the... Published 22 Dec, 2023 11:28am
Business & Finance Morgan Stanley sees S&P 500 ending 2024 at 4,500 Morgan Stanley said on Monday it expects the S&P 500 to end 2024 at 4,500, and predicted earnings recovery... Published 13 Nov, 2023 03:09pm
Markets Wall St falls as Mideast tensions drive risk-off mood NEW YORK: Wall Street’s main indexes fell on Wednesday as growing tensions in the Middle East dented risk... Published 19 Oct, 2023 05:10am
Business & Finance Banks stocks back in vogue for hedge funds in September: Morgan Stanley LONDON: Global hedge funds raced to load up on bullish positions in banks, insurance companies and capital markets... Published 03 Oct, 2023 04:50pm
Markets Greece’s National Bank sells 500mn euro bond ATHENS: National Bank (NBG) , Greece’s second-largest lender by market value, concluded the sale of 500 million... Published 27 Sep, 2023 11:02am
Markets Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024 Goldman Sachs economists said they now expect the US Federal Reserve to begin its interest rate-cutting cycle in the... Published 21 Sep, 2023 12:41pm
Markets Brent prices to be well supported near $80/bbl, says Morgan Stanley Morgan Stanley expects Brent crude prices to be well supported around $80 per barrel as the oil market is likely to... Published 25 Aug, 2023 04:24pm
Markets UK’s Ofgem fines Morgan Stanley & Co Int’l $6.88mn Britain’s energy regulator Ofgem said on Wednesday it had levied a 5.4 million pound ($6.88 million) fine on Morgan... Published 23 Aug, 2023 12:04pm
Business & Finance Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut WASHINGTON: Brokerage Morgan Stanley on Monday warned that lofty US equity valuations could be questioned by... Published 08 Aug, 2023 06:37am
Markets Morgan Stanley upgrades India to ‘overweight’, terms it top pick among emerging markets BENGALURU: Morgan Stanley has upgraded its view on Indian markets to “overweight” from “equal weight”, citing easing... Published 03 Aug, 2023 10:54am
Business & Finance Morgan Stanley profit beats estimates on wealth NEW YORK: Morgan Stanley’s profit beat estimates as growth in its wealth management business offset lower trading... Published 24 Jul, 2023 06:11am
Business & Finance Morgan Stanley profit drops 18% as deal drought persists Morgan Stanley’s profit slipped 18% in the second quarter as Wall Street’s deal-making drought stunted revenue from... Published 18 Jul, 2023 04:59pm
Markets Wall St kicks off week higher as investors await more earnings NEW YORK: The tech-heavy Nasdaq led Wall Street higher on Monday supported by megacap growth stocks including Apple... Published 18 Jul, 2023 05:51am