Category : Search result: Asian shares


Revolut valuation hits £75bn, staff set for huge payout

British fintech giant Revolut secures a staggering £75 billion valuation in its latest funding round, setting the stage for a multi-million pound windfall for its 10,000+ employees through a new share scheme.

Trump's Tariff Talk Tanks Global Markets

Global financial markets reel as former President Donald Trump floats aggressive 60% tariffs on Chinese goods, sparking fears of a renewed trade war and economic instability.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

FTSE 100 Reshuffle: Aviva, Anglo American Out, Auto Trader In

The London Stock Exchange's premier index, the FTSE 100, is poised for a significant quarterly reshuffle. Insurance giant Aviva and mining titan Anglo American are set to be demoted, while online car marketplace Auto Trader is on track for promotion, refl

Nvidia's Market Surge Sends Asian Shares on Mixed Journey

Nvidia's staggering market surge, briefly surpassing Microsoft as the world's most valuable company, triggers a mixed reaction across Asian markets. Discover how the tech titan's performance is reshaping global investment landscapes.

Cracker Barrel axes new logo after backlash, shares surge

In a dramatic reversal, US restaurant chain Cracker Barrel abandons its controversial logo redesign mere hours after launch. The swift backtrack follows a ferocious investor and customer backlash, triggering a remarkable surge in the company's share price

FTSE 100: Rolls-Royce Soars, Mining Stocks Slump

London's FTSE 100 experienced a dramatic session with Rolls-Royce and Ocado leading gains, while mining stocks faced sharp declines. Get the full market analysis and closing figures.

Daniel Dae Kim slams Hollywood's casting 'overcorrection'

Hollywood star Daniel Dae Kim critiques the industry's flawed approach to Asian representation, arguing that focusing on an actor's specific nationality over talent is a misguided 'overcorrection' that misses the point of true diversity.

JD Sports Shares Crash 20% After Nike Warning

JD Sports Fashion faced a severe market sell-off, with shares crashing over 20%, after its key supplier Nike issued a stark warning about slowing sales and a new cost-cutting plan, sending shockwaves through the London retail sector.

Asia Shares Fall as Powell's Jackson Hole Speech Looms

Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a

Saudi Desert Ski Resort Fails, Winter Games May Go to China

Saudi Arabia's ambitious desert ski resort, Trojena, is behind schedule, jeopardising its role in the 2029 Asian Winter Games. Officials are now in emergency talks to potentially move the entire event to China, casting doubt on the Kingdom's vision for a

Crypto ISA Warning: Risk to Your Tax-Free Savings

Exclusive: A stark warning has been issued to UK investors hoping to hold cryptocurrencies like Bitcoin in a tax-free ISA. Experts reveal the one major pitfall that could see savers lose their valuable allowance and face a hefty tax bill.

Lenny Henry's Bold BBC Diversity Stand

Comedy legend Sir Lenny Henry reveals the moment he threatened to quit the BBC in a powerful fight for better Black and Asian representation, a move that changed British television forever.

Coach's 'Genetic Disadvantage' Claim Sparks Racism Fury

A leading Australian athletics coach has ignited a firestorm by asserting that athletes of Asian descent are at a 'natural genetic disadvantage' compared to their Australian counterparts. The controversial comments have been slammed as 'dangerous' and 'ra

Nvidia's $500bn Crash Triggers Global Market Sell-Off

Nvidia's historic $500 billion market crash triggers global stock sell-off as Asian markets tumble and Wall Street braces for impact. Powell's testimony and geopolitical tensions add to the turmoil.

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