Today: 27 May 2026

Glencore stock rises as Rio output beat keeps merger spotlight on miners

Glencore stock rises as Rio output beat keeps merger spotlight on miners

Glencore shares rose 1.7% to 490.25 pence in early London trading, outperforming a broader market decline. Rio Tinto’s stronger-than-expected iron ore and copper output fueled renewed merger speculation, with a Feb. 5 deadline looming for Rio to clarify its intentions. Glencore’s production report is due Jan. 29. Around 2.7 million Glencore shares changed hands during the session.
21 January 2026
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Mortgage rates just jumped again — and Greenland tariffs are suddenly in the mix for U.S. homebuyers

Mortgage rates just jumped again — and Greenland tariffs are suddenly in the mix for U.S. homebuyers

The average 30-year fixed mortgage rate jumped 14 basis points to 6.21% Tuesday, reversing recent declines. The move followed tariff threats tied to President Trump’s push to buy Greenland, which sent bond yields to a four-month high. The White House’s $200 billion mortgage-bond buying plan faces new pressure as rates climb. Treasury yields rose to 4.275%, their highest since September.
21 January 2026
Davos 2026: PwC CEO survey flags 5-year low in revenue confidence as India jumps to No.2 investment pick

Davos 2026: PwC CEO survey flags 5-year low in revenue confidence as India jumps to No.2 investment pick

Just 30% of CEOs expect revenue growth in the next year, the lowest confidence in five years, PwC reported at Davos. Over half say AI investments have not produced significant financial returns. India now ties the UK and Germany as the second most popular destination for cross-border investment, behind the U.S. One in five CEOs worldwide cite high vulnerability to trade tariffs.
21 January 2026
Russia’s new crypto crackdown: $128,000 fines proposed for illegal mining in banned regions

Russia’s new crypto crackdown: $128,000 fines proposed for illegal mining in banned regions

Russian lawmakers have introduced a bill imposing new fines and equipment seizures for illegal cryptocurrency mining, targeting operations in regions with government bans. Repeat corporate offenders could face penalties up to 10 million roubles and suspension of activities. The draft also tightens reporting rules and penalizes miners exceeding electricity limits. Mining was legalized in 2024 but faces new regional restrictions.
21 January 2026
Russia moves to slap illegal crypto miners with fines up to 10 million rubles

Russia moves to slap illegal crypto miners with fines up to 10 million rubles

Russian lawmakers submitted a bill imposing fines up to 10 million rubles and equipment seizure for illegal cryptocurrency mining, targeting unregistered operations in banned regions. The draft follows government efforts to curb power grid strain and recover billions in lost tax revenue. The bill has government backing and is set for parliamentary debate this spring.
21 January 2026
Jardine Matheson share price today: J36 slips as buybacks and Mandarin Oriental delisting land

Jardine Matheson share price today: J36 slips as buybacks and Mandarin Oriental delisting land

Jardine Matheson shares fell 0.6% to US$74.46 in Singapore Wednesday after regulatory filings showed continued share buybacks and a completed cash acquisition of the remaining Mandarin Oriental stake. The company repurchased and cancelled over 100,000 shares this week, reducing issued capital. Allan & Gill Gray Foundation’s voting rights dipped just below 5%. Broader market sentiment remained cautious after a sharp U.S. selloff.
21 January 2026
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Keppel share price slips as SGX:BN4 eases for a second session

Keppel share price slips as SGX:BN4 eases for a second session

Keppel Ltd shares slipped 0.7% to S$10.72 by mid-afternoon Wednesday, following broader market weakness. The stock has fallen for a second straight day, after closing at S$10.96 on Monday. Keppel filed a routine trust deed report tied to its US$5 billion note programme late Tuesday. The company said its Melbourne data-centre project will not significantly impact earnings or book value this year.
21 January 2026
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Stock Market Today

  • Insurance Giants Ramp Up Stock Buybacks Despite Long-Term Risks
    May 27, 2026, 12:14 PM EDT. Insurance companies like Chubb, Travelers, and W.R. Berkley are aggressively buying back their own shares to boost earnings per share by reducing share count. However, Bank of America analysts warn this strategy, effective two decades ago, now risks destroying shareholder value since buybacks occur at two to three times book value, far above historic averages. Chubb, Hartford, and Berkley stocks trade well above 10-year book value norms, making repurchases potentially dilutive to long-term capital. Exceptions include Arch Capital and AIG, which buy back shares at or below book value, creating shareholder value. Industry watchers suggest investors scrutinize management's capital allocation beyond headline EPS numbers, especially as the insurance market softens and companies juggle buybacks with dividends and asset growth.

Latest articles

Qualcomm signs ByteDance AI chip supply deal

Qualcomm signs ByteDance AI chip supply deal

27 May 2026
Qualcomm will supply custom AI data-center chips to ByteDance, parent of TikTok, Bloomberg reported, citing sources. ByteDance reportedly plans to spend over $30 billion on AI infrastructure this year. Neither company has fully confirmed the deal. Qualcomm shares surged after the news but later fell back in U.S. trading.
Broadcom’s $2 Trillion AI Call Gets 7.5% Test Next Week

Broadcom’s $2 Trillion AI Call Gets 7.5% Test Next Week

27 May 2026
Options pricing signals Broadcom shares could swing about 7.5% after its June 3 earnings report. The stock slipped 0.5% to $419.70 Wednesday but held a $2.04 trillion market cap. Investors are watching AI-chip growth and margins as Broadcom shifts focus to custom AI silicon. CEO Hock Tan forecast $10.7 billion in AI semiconductor revenue for Q2.
Dow Jones Today: Blue Chips Miss Tech Slide After Hours

Dow Rises as Nasdaq Slips

27 May 2026
The Dow Jones rose 0.5% to 50,712.84 late Wednesday morning, outpacing a flat S&P 500 and a 0.1% drop in the Nasdaq as investors favored blue-chip stocks. Oil prices slumped, with Brent crude down 3.8% and U.S. crude off 4.5%, pressuring energy shares. Traders watched Middle East talks and upcoming inflation data. Consumer and travel stocks gained, while tech retreated from record highs.
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