Michael Msika

Tuesday 01 Apr 2025

21 Mar 2025, 08:00 am

Market strategists finally upgrade Europe after years of cautionThe financial industry is abandoning caution and chasing the rally in European stocks, hiking their targets and looking to the upside. Nearly half of the strategists in a monthly Bloomberg survey have raised their forecasts for the Stoxx Europe 600 Index since last month — when about two thirds of strategists were expecting downside ahead.

By Michael Msika / Bloomberg

21 Mar 2025, 08:00 am

Global Markets

21 Mar 2025, 08:00 am

BofA says tariff risk dismissed as stocks get ‘monster’ inflowsInvestors are dismissing the risks that a full-fledged trade war would pose to stocks as “monster” flows of capital keep pouring into global equity markets, Bank of America Corp’s Michael Hartnett said.

By Julien Ponthus & Michael Msika / Bloomberg

21 Mar 2025, 08:00 am

US Stocks

18 Mar 2025, 08:00 am

BofA survey shows biggest ever drop in exposure to US equitiesInvestors slashed exposure to US equities by the most on record in recent weeks as expectations of global economic growth worsened, according to Bank of America Corp.

By Sagarika Jaisinghani & Michael Msika / Bloomberg

18 Mar 2025, 08:00 am

Trump effect

10 Mar 2025, 08:00 am

Trump’s tariff whipsaw is handing European stocks another winThe great rotation into European equities is likely to get another boost as President Donald Trump’s shifting stance on global tariffs hits sentiment in US markets.

By Sagarika Jaisinghani & Michael Msika / Bloomberg

10 Mar 2025, 08:00 am

European Stocks

20 Feb 2025, 08:00 am

European bank stocks head for best winning streak since 1997European banks have sailed through the earnings season and are promising massive share buybacks, adding fuel to their best winning streak since 1997.

By Michael Msika / Bloomberg

20 Feb 2025, 08:00 am

US Stocks

12 Feb 2025, 08:00 am

Corporate America beats profit projections, investors don’t careUS companies are putting up one of their best earnings seasons in three years on the back of robust economic growth. It’s just not enough to offset worries about tariffs and high interest rates.

By Sagarika Jaisinghani & Michael Msika / Bloomberg

12 Feb 2025, 08:00 am

US Stocks

05 Feb 2025, 08:00 am

Magnificent Seven’s slowing growth threatens S&P 500 rallyLast week, DeepSeek’s emergence as an AI threat wiped half a trillion dollars of value off Nvidia Corp. Last night, Alphabet Inc’s disappointing earnings sparked questions about its capital expenditures and put its stock on pace for the worst drop in more than a year.

By Neil Campling, Michael Msika & Jan-Patrick Barnert / Bloomberg

05 Feb 2025, 08:00 am

Highlight

15 Jan 2024, 08:00 am

Interest rate cuts aren’t good news for profit forecasts, history showsEquity markets have been rising in tandem with corporate profit estimates, buoyed by a resilient economy. But if history is any guide, looming interest rate cuts may flip the script.

By Michael Msika / Bloomberg

15 Jan 2024, 08:00 am

Fire incident in Putra Heights not related to Gas Malaysia facilities, company says

Massive gas pipeline fire in Puchong — Fire Dept

Petronas confirms fire incident at Petronas Gas main pipeline near Puchong

Gas pipeline blaze: 25 receiving initial medical treatment as of 10.35am

Gas pipeline blaze victims recount earthquake-like tremors

Gas pipeline blaze: Immediate financial aid for over 100 affected residents, says PM

Gas pipeline blaze: PLUS reopens Seafield to Bandar Saujana Putra route

LSH unit assumes management of KL Tower for 20 years until end-March 2045

OpenAI finalises US$40b funding at US$300b value

Directors cannot be automatically retired without an AGM, Court of Appeal rules

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