The worst thing for brokers is that passive funds and high-frequency orders are still flowing – just not active institutional investors, who make up the bulk of their commissions and drive the most interesting share price changes in the market.
That Monday was so quiet is a poor sign for the rest of the week, the rest of the month and even the rest of this year, which was already shaping up as a shocker for cash equities volumes. Turnover has been down on last year for every month since February.
What could change it? A few big deals would help: another Sydney Airport of Afterpay would stir up interest, as would a few big discounted equity recapitalisations.
Or perhaps the Wallabies will ensure World Cup fever is short-lived. Australia’s team is staring at its first ever group-stage exit from a Rugby World Cup after its loss to Fiji.
In a dramatic expansion of its theme parks, products and cruise line business, The Walt Disney Co. says that it will spend $60 billion over the ne
The Reserve Bank of India has approved reappointment HDFC Bank managing director and CEO Sashidhar Jagdishan for a period of three years, the country's largest
A stronger than expected U.S. economy is helping to keep a global slowdown in check this year but a weakening Chinese economy will prove to be a bigger drag nex
ESSEN, Germany (AP) — For most of this century, Germany
