Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

RELX share price steadies after AI shock selloff — what to watch before London opens

RELX share price steadies after AI shock selloff — what to watch before London opens

RELX shares fell 1.3% to 2,185p Wednesday, near a 52-week low, after a sharp sector selloff tied to new AI tools. The company continued buybacks, acquiring 431,217 shares that day. RELX plunged 14% Tuesday, its steepest drop since 1988, as investors worried AI could disrupt legal and analytics businesses. The Bank of England decision and RELX earnings next week remain in focus.
5 February 2026
GSK stock leaps to a 25-year high on new CEO outlook — what to watch at the London open

GSK stock leaps to a 25-year high on new CEO outlook — what to watch at the London open

GSK shares surged 6.9% Wednesday to a 25-year high after reporting 2025 sales of £32.7 billion and raising its 2026 outlook. The company projects 2026 revenue growth of 3%–5% and expects core profit and earnings per share to rise 7%–9%. Investors remain cautious about slower growth and looming patent expirations. London markets await Thursday’s open for further reaction.
5 February 2026
UK to India money transfer: New guides push ACE’s “zero-fee” and instant UPI pitch

UK to India money transfer: New guides push ACE’s “zero-fee” and instant UPI pitch

ACE Money Transfer launched new online guides in early February promoting low-cost remittances from the UK to India, highlighting instant UPI payouts and promotional fees. The push comes as India is projected to receive a record $129 billion in remittances in 2024, according to the World Bank. The guides compare fees, exchange rates, and payout options, and note compliance checks and RBI payout caps.
5 February 2026
CapitaLand Investment share price today: 9CI slips after China unit wind-up filing, earnings next week in focus

CapitaLand Investment share price today: 9CI slips after China unit wind-up filing, earnings next week in focus

CapitaLand Investment shares fell 1% to S$3.08 in mid-afternoon trading after announcing the voluntary liquidation of a dormant China subsidiary, with no significant financial impact expected. The company is set to release full-year results on Feb. 11. CapitaLand China Trust’s manager reported a drop in FY2025 distribution per unit, citing a weaker renminbi. Sustainability head Vinamra Srivastava will step down, with Andrew Jasudasen named as successor.
Bitcoin Nears $70,000 Breaking Point as Liquidity Dries Up; Oil Slides on Dollar Strength

Bitcoin Nears $70,000 Breaking Point as Liquidity Dries Up; Oil Slides on Dollar Strength

Bitcoin fell over 3% in Asian trading Thursday, dropping to $70,052.38—its lowest since November 2024—while ether slid nearly 2% to $2,086.11. U.S. spot bitcoin ETFs saw $3 billion in January outflows. The dollar hit a two-week high as oil, gold, and copper prices declined on easing geopolitical tensions. Silver plunged nearly 15%. Thin trading conditions drove sharp price swings across markets.
Yangzijiang Shipbuilding share price edges up as Maersk takes early delivery of methanol-capable ship

Yangzijiang Shipbuilding share price edges up as Maersk takes early delivery of methanol-capable ship

Yangzijiang Shipbuilding shares rose 0.9% to S$3.36 in Singapore after delivering the 9,000-TEU methanol-capable Tangier Maersk to Maersk three months ahead of schedule. The vessel is the first of six ordered in 2023. Yangzijiang reports earnings March 4. Traders remain cautious as Maersk and Hapag-Lloyd prepare to resume some Red Sea and Suez Canal transits.
Keppel share price jumps to 12-year high as profit rises and special dividend lands

Keppel share price jumps to 12-year high as profit rises and special dividend lands

Keppel Ltd shares jumped 5% to S$11.50 on Thursday after reporting a 39% rise in 2025 net profit to S$1.1 billion and announcing a special dividend. Trading volume reached 9.8 million shares by early afternoon. The company proposed a total FY2025 distribution of about 47 cents per share. Deputy chairman Piyush Gupta will become non-executive chairman after the April AGM.
5 February 2026
IRS warns tax filers: Set up an online account now — and Trump’s bigger SALT break could change refunds

IRS warns tax filers: Set up an online account now — and Trump’s bigger SALT break could change refunds

The IRS is urging taxpayers to create Individual Online Accounts to reduce identity theft and speed up access to tax records and refunds. Most 2025 federal tax returns are due April 15. The SALT deduction cap rises to $40,000 for 2025, up from $10,000. The One, Big, Beautiful Bill Act, signed July 4, 2025, changes credits and deductions for this filing season.
5 February 2026
DBS share price edges up near S$60 as traders brace for earnings in risk-off Asia

DBS share price edges up near S$60 as traders brace for earnings in risk-off Asia

DBS shares rose 0.4% to S$59.57 in Thursday afternoon trading, with about 2.5 million shares exchanged. The stock hovered just below its 12-month high as investors positioned ahead of next week’s earnings and dividend announcement. Singapore’s STI closed at a record high Wednesday, lifted by gains in local banks. Broader Asian markets slipped after a tech-led selloff on Wall Street.
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Energy stocks set for a geopolitical week after Iran warning and oil rebound

Energy stocks set for a geopolitical week after Iran warning and oil rebound

7 February 2026
U.S. energy stocks rose Friday, with the S&P 500 energy sector up 1.88% and Exxon Mobil gaining 2.03%. Brent crude settled at $68.05 a barrel after Iran threatened U.S. bases if attacked. Saudi Aramco cut March Arab Light crude prices to a five-year low for Asia. Kazakhstan’s CPC Blend exports may drop 35% this month due to Tengiz oilfield disruptions.
Financial services stocks rally as XLF jumps, Dow hits 50,000 — what to watch next week

Financial services stocks rally as XLF jumps, Dow hits 50,000 — what to watch next week

7 February 2026
U.S. financial stocks rose Friday, with the XLF fund up 1.8% and the Dow closing above 50,000 for the first time, gaining 2.47%. Goldman Sachs jumped 4.3%, JPMorgan 3.9%, and Citigroup 6.0%. The Federal Reserve held rates steady, and San Francisco Fed President Mary Daly signaled possible cuts this year. Investors await January jobs and inflation data next week.
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