
DWS Investment Management Americas Fined $25M Over ESG Claims and Anti-money Laundering Neglect
DWS Investment Management Americas, a subsidiary of Deutsche Bank (ETR:DBKGn), has agreed to pay a fine of $25 million imposed by the U.S. Securities and Exchange Commission (SEC) on Monday. The penal
- September 26, 2023 04:36 AM AEST
- Investing

Record Drawdown in Long-Dated Bond ETF Amid High-Interest Rates
Monday saw the iShares 20+ Year Treasury Bond ETF (ticker NASDAQ:TLT), the largest long-dated bond ETF, experiencing a record drawdown due to the Federal Reserve's sustained high interest rates. The $
- September 26, 2023 04:34 AM AEST
- Investing

High Treasury Yields Forecasted Amid Turbulent Macroeconomic Climate
The global financial markets, on Monday, witnessed a surge in long-term government yields across Europe and the Americas. BlackRock Inc (NYSE:BLK)., the world's leading asset manager, suggested that t
- September 26, 2023 04:28 AM AEST
- Investing

ADvTECH's consistent growth attracts investor attention
ADvTECH (JSE:ADH), a profitable and expanding company, is attracting the attention of investors who prefer steady growth over high-risk investments. The company has demonstrated its ability to generat
- September 26, 2023 04:28 AM AEST
- Investing

Tech IPO Market Shows Signs of Fatigue Amid Broader Market Conditions
The initial public offering (IPO) market showed signs of fatigue on Monday as three significant tech deals that launched last week experienced a dip in early trading. This development, coupled with br
- September 26, 2023 04:26 AM AEST
- Investing

NC 2000 Index Sees Continued Decline in ROIC, Mixed Sector Performance in Q2 2023
The return on invested capital (ROIC) for the NC 2000 index witnessed a quarter-over-quarter (QoQ) decline in Q2 2023, continuing the downward trend that began after a peak in Q2 2022. This persistent
- September 26, 2023 04:26 AM AEST
- Investing

Deutsche Bank Predicts Significant Shift in Forex Market Amid Neutral Central Bank Stances
Deutsche Bank (ETR:DBKGn) analysts foresee a considerable change in the forex market as global central banks transition from interest rate hikes to a more neutral stance, as announced on Monday. This
- September 26, 2023 04:20 AM AEST
- Investing

High oil prices are "manageable" - Goldman Sachs
The Federal Reserve's decision to keep interest rates at their highest in 22 years, announced last week, has led to significant reactions in the market, including some of the highest treasury yields s
- September 26, 2023 04:10 AM AEST
- Investing

Peloton Shares Hit Record Low Following UBS Price Target Cut Amid Subscription Worries
Shares of Peloton Interactive (NASDAQ:PTON) Inc. reached a new record low on Monday, continuing a downward trend seen over the past few weeks. This follows UBS analyst Arpiné Kocharyan's decision to
- September 26, 2023 04:10 AM AEST
- Investing

Dow Jones Sees Drop Driven by 3M and Jpmorgan Chase Shares
The Dow Jones Industrial Average (DJIA) experienced a downturn in intraday trading on Monday, largely influenced by the declining shares of 3M (NYSE:MMM) and JPMorgan Chase (NYSE:JPM). The DJIA was re
- September 26, 2023 04:10 AM AEST
- Investing