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Korea Investment Management Co.'s ACE ETFs: Unprecedented Growth in 2024

Korea Investment Management Co.'s ACE ETFs have seen remarkable growth in 2024, with total net assets doubling to 12.7 trillion won. The company's strategic focus on U.S. market ET...

Market

GEPS Partners with Nuveen for $100 Million Investment Boost

GEPS announces a $100 million private capital investment with Nuveen Asset Management, managed by Churchill Asset Management, aiming to expand its global investment portfolio and d...

Market

Fed's Rate Cut and GDP Growth: US Markets React with Mixed Results

US stock markets closed mostly lower after the Federal Reserve's 25-basis-point rate cut and the announcement of a 3.1% GDP growth in Q3 2024. The euro was flat against the dollar.

Market

BoE and Fed Moves Trigger Sharp Decline in European Stock Markets

European stocks closed significantly lower following decisions by the Bank of England and the Federal Reserve. The BoE held rates, while the Fed cut its key rate by 25 basis points...

Market

US Stock Market Surges as GDP Growth and Fed Rate Cut Boost Confidence

US stock indexes opened higher following an upward revision of GDP growth and the Federal Reserve's interest rate cut, reflecting a positive economic outlook and boosting investor ...

Market

Dow Jones Surges Over 300 Points in Premarket Trading Amid Fed Rate Cut Optimism

Dow Jones Industrial Average surges over 300 points in premarket trading following Federal Reserve's 25 basis point rate cut, with Nasdaq 100 and S&P 500 also gaining. Fed Chair Po...

Market

Micron Faces 15% Stock Drop on Disappointing Q2 Forecast

Micron Technology Inc. shares fell nearly 15% in premarket trading due to a disappointing Q2 forecast for fiscal 2025, projecting lower revenue and earnings per share than anticipa...

Market

Fed Rate Cut Sends US Stocks Soaring in Premarket

US stock indexes rose in premarket trading after the Federal Reserve cut interest rates by 25 basis points. Fed Chair Jerome Powell's optimistic outlook on the US economy and the a...