Group 1 - The Nasdaq is experiencing multi-year strength due to factors such as ongoing interest rate cuts by the Federal Reserve, which make borrowing cheaper and encourage corporate investment and consumer spending [1] - AI enthusiasm is driving earnings growth and significant investments in major tech companies, contributing to the Nasdaq's performance [1] - Strong consumer spending, supported by a solid economy and the holiday season, along with continued corporate earnings expansion in the tech sector, provides a solid foundation for Nasdaq gains heading into the new year [1] Group 2 - Potential headwinds for the Nasdaq rally include high valuations in tech stocks, which may be vulnerable if growth does not meet expectations [2] - Economic uncertainties such as potential trade tensions, new tariffs, or a cooling labor market could pose risks to the Nasdaq [2] - The Nasdaq's heavy reliance on a few mega-cap tech companies creates concentration risk, where any issues with these leaders could lead to broader market volatility [2] Group 3 - The Nasdaq is up 54% year-to-date, following a 26% return in 2024, and has rallied about 59% since April 2025 with minimal corrections [4] - The 50-day simple moving average (SMA) has supported the April rally, with only five retests, indicating a strong upward trend [4] - Despite concerns of overextension and potential corrections, the Nasdaq has continued to defy predictions of downturns, showing little sign of reversing its trend [4] Group 4 - The December Nasdaq futures contract will soon roll over to the March contract, with significant historical correlations observed in previous years [6] - The correlation percentages for years such as 1997, 2010, 2014, 2018, and 2021 are all above 87%, indicating a strong historical trend [6] - Current correlation trends show a steady uptrend into year-end, providing a potential roadmap for future market behavior [6]

Core Insights - The article compares two growth stocks in Singapore: iFAST Corporation, a fintech platform, and Singapore Exchange (SGX), a blue-chip exchange operator, highlighting their growth potential and market positions as interest rates are expected to fall by 2026 [1][8]. iFAST Corporation - iFAST has transitioned from a fund distribution platform to a digital wealth infrastructure player, achieving a net revenue growth of 39.9% year-on-year to S$89.53 million and a net profit increase of 54.7% year-on-year to S$26 million for 3Q 2025 [2]. - The company's assets under administration (AUA) reached an all-time high of S$30.62 billion, growing 29.6% year-on-year [2]. - iFAST's profit before tax margin improved to 34.5% for 9M 2025, up from 22.6% in 2023 and 33.5% in 2024, indicating a new phase of profitability [3]. - Recent initiatives include the introduction of payment services and the approval to operate as an Electronic Money Issuer in Malaysia, which could enhance profitability [4]. Singapore Exchange (SGX) - SGX serves as the backbone of Singapore's capital markets, with a revenue breakdown showing that the Equities-Cash segment contributed 30.3% and the Equities-Derivatives segment contributed 26.6% to total net revenue for FY25 [5]. - SGX's net profit attributable to equity holders grew from S$445 million in FY2021 to S$648 million in FY2025, with dividends increasing from S$0.32 to S$0.375 during the same period [6]. - Recent partnerships, such as with Climate Impact X, and expansion in Foreign Exchange derivatives are expected to drive growth [7]. Comparative Analysis - iFAST offers higher growth potential with a revenue growth rate of 29.5% CAGR over three years, while SGX has a more stable growth rate of 7.6% [9]. - iFAST has a profit margin of 18.5% compared to SGX's 47.3%, and a lower dividend yield of 0.7% versus SGX's 2.2% [9]. - The choice between iFAST and SGX depends on investor preferences for growth acceleration versus stable compounding [10]. Key Catalysts and Risks - For iFAST, successful digital platform rollouts and margin expansion are potential growth drivers, while delays or contract risks could negatively impact valuation [11]. - SGX's growth will depend on market turnover and derivatives volume recovery, with lower volatility potentially limiting momentum [11]. - Both companies could benefit from macro trends such as rate cuts and improved investor sentiment [12]. Investor Considerations - Investors should monitor earnings growth and dividend policies for both companies through 2025, as well as valuation movements post-rate cuts [13][14]. - A diversified investment approach could involve holding both stocks to balance growth and stability [15].

Core Points - Euronext N.V. is inviting holders of its outstanding €600,000,000 0.125% Bonds due 2026 to tender their bonds for cash purchase, with the intention to launch a new bond issuance [1][4][10] Offer Summary - The offer is for the purchase of €600,000,000 0.125% Bonds due 2026, with a purchase price set at 99.05% of the principal amount [3][6] - The offer is open for all outstanding bonds, with no scaling of tenders [8] Rationale for the Offer - The purpose of the offer is to manage the maturity profile of Euronext's debt efficiently and provide bondholders the opportunity to sell their current holdings [4] New Bonds Issuance - Euronext intends to issue a series of new euro-denominated fixed-rate bonds, contingent on market conditions and the successful completion of the new bond issue [10][18] Purchase and Payment Details - The purchase price for the bonds will be 99.05% of the principal amount, with accrued interest payments also to be made [6][7] Tender Instructions - Holders must submit valid tender instructions by 5:00 p.m. CET on 24 November 2025 to participate in the offer [22][26] Indicative Timetable - The offer commenced on 17 November 2025, with the expiration deadline set for 24 November 2025, and the expected settlement date on 27 November 2025 [27][28]

Core Insights - Euronext has received regulatory approvals from the Hellenic Capital Market Commission (HCMC) for its acquisition of a qualifying holding in Hellenic Exchanges – Athens Stock Exchange S.A. Holding (ATHEX Group) and its subsidiaries [1][2] - The acquisition is now unconditional, marking a significant step in Euronext's commitment to the Greek capital markets and enhancing its pan-European market infrastructure [3] - The acceptance period for the Tender Offer will conclude on 17 November 2025, with results to be announced on 19 November 2025 [4] Regulatory Approvals - The HCMC approved Euronext's suitability and that of its reference shareholders for the acquisition [1] - The change of control due to ATHEX's participation in the Hellenic Energy Exchange S.A. and EnEx Clearing House Single Member S.A. has also been approved [2] Acquisition Details - The Tender Offer is no longer subject to any regulatory approval, confirming its unconditional status [3] - Euronext aims to strengthen its position in the Greek capital markets through this acquisition [3]

Proposals from the London Stock Exchange Group and more than 100 British business executives to get pension funds investing more into UK stocks are ignoring the interest of savers, the pensions industry told Reuters. ...

Core Points - President Trump is hosting a dinner for Wall Street executives to garner support for his economic agenda [2][4] - Attendees include prominent figures such as JPMorgan Chase CEO Jamie Dimon, Goldman Sachs CEO David Solomon, and BlackRock CEO Larry Fink [1][4] - The dinner follows increased scrutiny of the administration's economic policies, particularly after a Democratic Socialist won the New York mayoral race focusing on living costs [5] Group 1 - The dinner is seen as an effort by Trump to engage with top business leaders and strengthen ties with corporate America [2][5] - The event is scheduled for 7:30 p.m. ET in the White House's state dining room [4] - Previous similar events included a dinner with technology leaders, indicating a pattern of engaging with industry executives [10] Group 2 - Jamie Dimon has previously served as a "sounding board" for Trump's economic policies during the 2024 campaign [7][9] - Dimon warned Trump about the potential risks of undermining Federal Reserve Chair Jerome Powell amid criticism of Powell's renovation expenditures [6]

Core Insights - TMX Group reported significant increases in financing activities on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for October 2025, with total financings raised on TSX increasing by 249% month-over-month and 264% year-over-year [2][6] - The TSX welcomed 51 new issuers in October 2025, a notable rise from 29 in September 2025 and 11 in October 2024 [2][6] - On the TSXV, there were 6 new issuers in October 2025, up from 3 in the previous month and 4 in October 2024, with total financings raised increasing by 97% compared to September 2025 and 152% compared to October 2024 [4][8] TSX Highlights - In October 2025, the TSX had 2,019 issuers listed, an increase from 1,976 in September 2025 and 1,827 in October 2024 [6] - The total number of financings on TSX was 84 in October 2025, compared to 55 in September 2025 and 37 in October 2024 [6] - Total financings raised on TSX reached approximately $4.67 billion in October 2025, significantly higher than $1.34 billion in September 2025 and $1.28 billion in October 2024 [6] TSXV Highlights - The TSXV had 1,795 issuers listed in October 2025, unchanged from September 2025 but down from 1,882 in October 2024 [8] - The total number of financings on TSXV was 133 in October 2025, compared to 119 in September 2025 and 110 in October 2024 [8] - Total financings raised on TSXV amounted to approximately $1.24 billion in October 2025, up from $630 million in September 2025 and $492 million in October 2024 [8] Year-to-Date Statistics - Year-to-date in 2025, the TSX has seen 276 new issuers listed, a 117.3% increase from 127 in 2024 [7] - Total financings raised on TSX year-to-date reached approximately $16.01 billion, a 13.1% increase from $14.15 billion in 2024 [7] - On the TSXV, year-to-date statistics show 33 new issuers listed, down 23.3% from 43 in 2024, but total financings raised increased by 78.4% to approximately $6.70 billion [9]

TMX Group and Coding for Veterans Open the Market to Observe Remembrance DayNovember 11, 2025 10:34 AM EST | Source: Toronto Stock ExchangeToronto, Ontario--(Newsfile Corp. - November 11, 2025) - Jeff Musson, Executive Director of Coding for Veterans, and members of the Canadian Armed Forces (CAF), joined Dani Lipkin, Managing Director, Global Listings, Toronto Stock Exchange ("TSX"), to open the market in observance of Remembrance Day.Cannot view this video? Visit:https://www.youtube.com/watc ...

Core Insights - The article explores the feasibility of retiring on dividend income in Singapore, emphasizing the importance of portfolio size, yield sustainability, and personal financial needs [1] Parkway Life REIT (SGX: C2PU) - Parkway Life REIT is one of Asia's largest healthcare REITs, known for its reliable dividend payments due to stable tenant cash flows and long leases [3][8] - The REIT's distribution per unit (DPU) has increased from S$0.0632 in 2007 to S$0.1492 in 2024, more than doubling over the years [4] - As of mid-2025, the trailing 12-month DPU is S$0.1503, resulting in a dividend yield of approximately 3.7% based on a unit price of S$4.05 [5] - The REIT maintains near-100% occupancy across its properties and has a long Weighted Average Lease to Expiry (WALE) of 14.68 years, providing steady rental income [6][7] - A healthy gearing ratio of 35.8% and 86% of interest rate exposure hedged contribute to its financial stability [7] Singapore Exchange (SGX: S68) - SGX operates as a market infrastructure business, generating recurring fee income and maintaining consistent profitability through market cycles [9] - The annual dividend payout for FY2025 is S$0.375 per share, with a trailing annual dividend yield of 2.2% [10] - SGX's diversified revenue streams include equities and derivatives, with net revenue from the equities-cash segment increasing by 18.7% YoY [11] - The company is expected to increase dividends by S$0.0025 quarterly from FY2026 to FY2028, subject to board approval [10] DBS Group Holdings (SGX: D05) - DBS Group is the largest bank in Singapore, reporting a net profit of S$2.9 billion for 3Q2025, despite macroeconomic challenges [13][14] - The bank's commercial book net interest income rose by 3% quarter on quarter, demonstrating resilience [14] - DBS has paid S$2.85 per share in dividends over the last 12 months, with a trailing annual dividend yield of 5.2% [15] - The bank also offers capital return dividends and special dividends, contributing to its appeal for retirees [16] Dividend Strategy for Retirement - A portfolio of S$600,000 split among the three stocks could yield an annual dividend income of S$22,200, assuming constant yields [17] - Shifting to higher-yielding stocks could increase annual dividends to S$30,000, highlighting the importance of diversification [18] - Sustainable dividend investing focuses on quality companies rather than merely chasing high yields, as demonstrated by the strong fundamentals of Parkway, SGX, and DBS [20]

Core Insights - The company has made significant progress over the last five years in terms of innovation and transformation [1] - The goal of the event is to showcase the innovations and disruptions being driven through the organization [1] Group Strategy and Business Drivers - The afternoon session will include a recap of the group strategy and the powerful drivers of the business [2] - Execution and transformation achievements to date will also be highlighted [2] Focus on Technology and Innovation - Key presentations will be made by the Chief Information Officer and the Head of AI, focusing on technological advancements [2]