Rapid momentum! Morgan Stanley (MS.US) has set a record for consecutive years of revenue in Japan, leaving other foreign banks behind.

Driven by growth in stock and bond trading, Morgan Stanley has announced record revenue in Japan.

Zhitong Finance00:24 ET

DBS initiates coverage on Vintage China with a shareholding rating and a target price of HKD 9.

Morgan Stanley released a research report stating that it has initiated coverage of Baijiu LIDU (06979) with a "shareholding" rating and a target price of HKD 9, making it one of the preferred companies in the industry. Compared with peers, the company is still able to maintain its demand while facing the pressure of destocking in the industry. In the long run, the bank expects that LIDU, with its diversified brand portfolio and well-executed expansion plan, will capture market share. Daiwa Securities predicts that LIDU's average annual compound growth rate of profit from 2023 to 2025 will be 18%, mainly driven by regional and channel expansion and improvement in profit margin through sales leverage.

新浪港股00:09 ET

Wall Street Battles For Fifth Day Of Gains As Inflation Cools, Gives Green Light To Rate Cuts; Financials Outperform: What's Driving Markets Wednesday?

Benzinga13:28 ET

Looking Into Morgan Stanley's Recent Short Interest

BenzingaAug 14 10:30 ET

Wiz IPO Date Faces Delay After Turning Down Acquisition by Google: Report

Seeking AlphaAug 14 10:22 ET

Overnight News: The US Department of Justice is considering pushing for Google's split. Nvidia's market cap surged by over $420 billion in four days. US producer prices rose less than expected.

For more global financial news, please visit 7x24-hour real-time financial news market closing: Inflation data boosted expectations of rate cuts, US stocks closed higher, and Nasdaq rose by 2.4%. On August 13th, the top 20 trading volumes of US stocks: Starbucks changed its leadership, and its stock price rose sharply by 24.5%. Popular Chinese concept stocks rose and fell on Tuesday, Taiwan Semiconductor rose by 2.8%, and Tencent Music plunged by more than 15%. WTI crude oil closed lower by more than 2% on Tuesday, major European stock indices closed up. The German DAX30 index rose by 0.48%. Macro Goldman Sachs and JPMorgan models show that the market predicts that the possibility of a US economic recession is increasing. Atlanta Fed President said he may support the federal funds rate in 2.

環球市場播報Aug 13 17:15 ET