StockTok Wire

StockTok’s daily headlines and financial news driving the broader market

Thousands wait to return to northern Gaza, Trump urges Jordan, Egypt to take Palestinians By Reuters

By Nidal al-Mughrabi CAIRO (Reuters) – Tens of thousands of Palestinians waited, blocked on the road, to return to their homes in northern Gaza on Sunday, voicing frustration after Israel accused Hamas of breaching a ceasefire agreement and refused to open crossing points. A day after a second exchange of Israeli hostages held in Gaza

Thousands wait to return to northern Gaza, Trump urges Jordan, Egypt to take Palestinians By Reuters Read More »

South Korea President Yoon indicted for insurrection over martial law decree By Reuters

By Hyunsu Yim and Josh Smith SEOUL (Reuters) -South Korea’s prosecutors indicted impeached President Yoon Suk Yeol on Sunday on charges of leading an insurrection with his short-lived imposition of martial law on Dec. 3, the main opposition party said. The charges are unprecedented for a South Korean president, and if convicted, Yoon could face

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Mediobanca board to review MPS 13.3 billion euro bid on Tuesday, source says By Reuters

MILAN (Reuters) – Mediobanca (OTC:)’s board will meet on Tuesday to discuss a bid for the Italian merchant bank by state-backed Monte dei Paschi di Siena (MPS), a person close to the situation said. On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share offer to buy

Mediobanca board to review MPS 13.3 billion euro bid on Tuesday, source says By Reuters Read More »

What scares western European governments more – Russia or the bond market? By Investing.com

Investing.com — Western European governments face a complex balancing act between addressing security threats and managing fiscal constraints, according to Citi analysts. As President Trump renews calls for NATO allies to increase defense spending, questions are arising about how Western Europe will respond. Citi highlights that Trump’s pressure could push European nations to allocate 3% of

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Swiss president forecasts deficits of 3 billion francs in coming years By Reuters

GENEVA – Switzerland’s President and Finance Minister Karin Keller-Sutter forecast higher annual budget deficits of around 3 billion Swiss Francs ($3.31 billion) in the next few years due to higher military spending and pension costs, she told SonntagsZeitung in an interview. Switzerland has historically had balanced budgets although began reporting larger deficits from 2020 due

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