Category: Stock News

Stock News

Ramsay Health Shares Hit 5-Month Low on KKR Deal Issue

Shares of Australian private hospital operator Ramsay Health Care Ltd. declined on Tuesday after a consortium headed by US private equity firm KKR & Co. Inc. chose not to raise its $14.5 billion cash-and-stock takeover

Asian stock
Stock News

Asian Stocks Up on Better Risk Sentiment, US CPI Data Looms

Stocks in Asia-Pacific markets edged higher on Monday, with the tech sector being the biggest gainer, as investors awaited additional signs of possible easing in US inflation. Taiwan’s tech-heavy weighted index was the top performer,

European
Stock News

European Stocks Rise after ECB’s Significant Rate Hike

European stocks rose on Friday as investors took in the European Central Bank’s (ECB) significant rate hike decision ahead of the bloc’s important meeting regarding the energy crisis in the region. Germany’s DAX index gained

Tencent
Stock News

Tencent Shares Decline on Potential $7.6B Stake Sale

Shares of Tencent Holdings Ltd. declined on Thursday after major stakeholder, Naspers Ltd.’s Dutch e-commerce firm Prosus NV, was reportedly planning to offload its holdings. The news pushed the Chinese internet giant’s shares down by

Stock News

Shares of Bed Bath & Beyond Drop After CFO’s Passing

Shares of Bed Bath & Beyond Inc. declined by almost 20% as investors assessed the challenges of the US company’s leadership after the unexpected passing of former Chief Financial Officer (CFO) Gustavo Arnal. The stock

Hong Kong
Stock News

Hong Kong, Mainland China Stocks Fall on COVID Concerns

Stocks in Hong Kong and mainland China markets were down on Monday amid increasing concerns over new COVID restrictions, while other Asian equities dropped after better-than-expected August data in US nonfarm payrolls reinforced the potential