Core Points - Japan's exchange chief is urging Nidec to act swiftly to enhance internal controls due to recent accounting and reporting issues that jeopardize the company's listing status [1] Group 1 - The exchange chief's call for Nidec to improve internal controls highlights the urgency of addressing the company's financial governance [1] - Nidec faces potential delisting risks stemming from its current accounting and reporting troubles, indicating significant operational challenges [1]

Group 1 - The ASX Limited bungle affected as many as 80 companies at the start of Week 49 [1] - There is a noted early Christmas malaise impacting the market sentiment [1] - Recent Australian GDP figures were discussed, indicating significant economic insights [1] Group 2 - Perseus Mining (ASX:PRU) is involved in a deal with Predictive Discovery (ASX:PDI) and Robex Resources (ASX:RXR) [2]

By Christine Chen and Scott Murdoch SYDNEY, Dec 3 (Reuters) - The Australian Securities Exchange's technology turnaround plan, touted by the firm's chair as being too important to fail, is facing questions from investors and market participants after it was hit by a fresh outage this week, the ​latest in a string of failures. About 80 companies with price-sensitive disclosures were placed in a trading halt on Monday after the ASX's announcement platform ‌collapsed, leaving hundreds of statements unable t ...

Core Insights - Nasdaq is preparing to list tokenized stocks pending regulatory approval from the SEC, aiming to enhance options for companies and investors [2][3] - The London Stock Exchange Group (LSEG) has invested approximately £100 million in blockchain infrastructure to support its Digital Markets Infrastructure [5][6] Group 1: Nasdaq's Initiatives - Nasdaq has proposed a rule change to the SEC to allow the listing of tokenized securities, indicating a strong commitment to on-chain finance [2][3] - The company is ready to act quickly on tokenized stocks once it receives SEC approval, emphasizing the importance of shareholder rights regardless of the underlying technology [3][7] - Nasdaq's strategy involves collaborating with technology firms like Securitize and Superstate for the technical aspects of tokenization [3] Group 2: LSEG's Developments - LSEG launched its Digital Markets Infrastructure in September, which utilizes a private ledger developed in partnership with Microsoft, focusing initially on private funds [5][6] - The group has allocated around £100 million for further development of its blockchain infrastructure, although listing tokenized shares is not currently a priority [6][7] - LSEG's approach contrasts with Nasdaq's, as it aims to establish the foundational infrastructure for tokenization rather than just listing tokenized assets [4]

SYDNEY, Dec 1 (Reuters) - The Australian Securities Exchange (ASX) was hit by an outage to its announcements platform on Monday, the latest ​setback for the stock exchange operator that is already under scrutiny from regulators over its ‌governance and ability to deliver market infrastructure. Here is a look at the major outages and regulatory investigations the ASX has faced in recent ‌years: August 2025 - Naming mix-up The ASX incorrectly tagged one of the country's top internet providers in an unrela ...

By Scott Murdoch Dec 1 (Reuters) - Embattled stock exchange operator Australian Securities Exchange is facing fresh pressure to enact its turnaround plan, after its announcements platform suffered an outage on Monday, forcing about 80 stocks to be ​placed on a trading halt. The platform went down just before 9 a.m. (2200 GMT) and was still not ‌fully operational at the close of trade on Monday about 4 p.m. (0500 GMT). However, an ASX spokesperson said that, as of 6:45 p.m. ‌(0745 GMT), it had "largely r ...

Core Viewpoint - Nasdaq is prioritizing its tokenized-stock proposal, aiming to secure SEC approval for trading on-chain "stock tokens" that represent publicly listed shares under existing market rules [1][3]. Group 1: Proposal Details - The proposal seeks to allow trading of listed equities and exchange-traded products in tokenized form while ensuring the same investor protections and execution standards as traditional securities [3]. - Tokenized shares will carry the same rights as their underlying securities, including voting privileges and dividend rights, and will be fully fungible with traditional forms [5]. Group 2: Market Structure and Evolution - Nasdaq's approach is to maintain the current market structure while introducing blockchain-based settlement options, emphasizing that the existing rules will not be disrupted [4][6]. - The exchange positions itself as an innovator in market infrastructure evolution, comparing tokenization to its previous transition from paper-based to electronic trading [6]. Group 3: Benefits and Timeline - Near-term benefits of tokenization will focus on back-end processing improvements, with tokenized settlement creating immediate process efficiencies [7]. - The exchange plans to ensure seamless integration with existing member firm systems before pursuing faster settlement speeds [7].

Market Performance Summary - U.S. stock markets experienced a strong finish on Black Friday, marking a fifth consecutive day of gains across major indexes, with the S&P 500 rising 0.5% to 6,849.09, the Dow Jones Industrial Average increasing 0.6% to 47,716.42, and the Nasdaq Composite climbing 0.7% to 23,365.69 [1][2] - For the week, the S&P 500 gained 3.7%, the Dow advanced 3.2%, the Nasdaq surged 4.9%, and the Russell 2000 added 5.5% [3] Monthly Performance Insights - November showed mixed results, with the S&P 500 and Dow extending their winning streaks to seven months, while the Nasdaq Composite experienced its first monthly decline since March, falling 1.5% [3] Market Drivers and Sentiment - Market optimism is driven by expectations of a Federal Reserve interest rate cut, with an 83% probability of a December cut being priced in by traders [4] - Recent economic data, including a decrease in initial jobless claims to a seven-month low of 216,000, supports the case for monetary easing [4] Notable Stock Movements - Intel (INTC) was the top performer in the S&P 500, surging 10.2% due to speculation about becoming a foundry supplier for Apple (AAPL) [6] - Nvidia (NVDA) shares declined by 1.8%, concluding November with a double-digit percentage loss, reflecting concerns about competitive threats and high valuations in the AI sector [6] - Eli Lilly (LLY) slipped 2.6% after reaching a historic $1 trillion market capitalization, driven by its weight-loss drugs [6] - Sandisk (SNDK) gained nearly 4% following its debut in the S&P 500, potentially increasing demand from index-tracking funds [6] Retail Sector Performance - Major retailers like Walmart (WMT), Target (TGT), and Amazon (AMZN) finished up approximately 1% to 2% on Black Friday, while Abercrombie & Fitch (ANF) rose 2.9% [7] Upcoming Market Events - Investors are expected to monitor key economic data releases, including Eurozone CPI data and unemployment figures, which will provide insights into the international economy [11] - Earnings announcements from companies like Globus Maritime (GLBS) and Meituan (HKG: 03690) are scheduled, which will offer insights into corporate performance [11]

Core Viewpoint - London Stock Exchange Group plc - Unsponsored ADR has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates - The Zacks Consensus Estimate for London Stock Exchange Group plc for the fiscal year ending December 2025 is projected at $1.37 per share, remaining unchanged from the previous year [9]. - Over the past three months, the Zacks Consensus Estimate for the company has increased by 3.4%, reflecting a positive trend in earnings estimates [9]. Zacks Rating System - The Zacks rating system is based on changes in a company's earnings picture, which is crucial for determining stock price movements [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell), and has shown a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [8]. - The upgrade to Zacks Rank 2 places London Stock Exchange Group plc in the top 20% of Zacks-covered stocks, indicating superior earnings estimate revisions and potential for market-beating returns [10][11]. Institutional Investor Influence - Changes in earnings estimates significantly impact institutional investors' valuation models, leading to stock price movements as they buy or sell large amounts of shares based on these estimates [5][6].

Core Insights - The article emphasizes that starting with a small amount, such as S$500 a month, can lead to significant passive income through consistent investing and dividend reinvestment [2][8]. Investment Strategy - Regular investing fosters discipline and utilizes dollar-cost averaging, allowing investors to invest a fixed amount at regular intervals [3]. - A portfolio invested with S$500 monthly could grow to approximately S$129,000 over 15 years, reflecting a growth of over 43% from a total contribution of S$90,000 [7][8]. Broker Recommendations - Suggested low-cost brokerages for starting monthly investments include MooMoo with a trading fee of 0.03% and a minimum order size of US$5, and DBS Vickers RSP with a trading fee of 0.18% and a minimum order size of S$100 [11]. Stock Selection - Investors should focus on strong, dividend-paying companies with sustainable cash flows, such as DBS Group Holdings, CapitaLand Integrated Commercial Trust, Singapore Exchange, and Netlink NBN Trust, which offer dividend yields between 4% and 6% [15][17][18]. Diversification Strategy - A diversified portfolio is recommended to balance growth potential and stability, with a sample investment plan suggesting a rotation among different sectors over time [19][22]. - Diversification helps mitigate market volatility while benefiting from dividend income [22]. Dividend Reinvestment Benefits - Reinvesting dividends can significantly enhance portfolio value, with a hypothetical example showing a portfolio could grow to S$100,627 over 30 years with reinvestment, compared to S$43,219 without [24][25]. - The principle of dividend yield-on-cost indicates that as dividends compound, they represent a larger percentage of the initial investment, highlighting the importance of long-term growth over short-term price fluctuations [25]. Cautions in Investing - Investors are advised to avoid chasing high yields from fundamentally weak companies and to maintain diversification to ensure long-term success [26]. - Trading fees, although seemingly low, can accumulate and impact overall returns if trading frequency is high [27].