UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to meet his ambitious payout plans. Orcel, who has focused UniCredit on capital light businesses to maximise returns since taking over in April 2021, expressed confidence […]
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more
European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data, Read more
Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies Read more
Taiwan's exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties Read more
Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in January amid expectations that the Fed will slow its pace […]
Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve Read more
By Administrator_India Capital Sands Gold inched lower on Friday as the U.S. dollar and Treasury yields firmed, although hopes for Read more
By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia, with investors continuing a retreat from the Read more
By Administrator_India Capital Sands The dollar rose during the previous session after a recent weak spell, buoyed by expectations that today’s Federal Read more
Oil prices were muted in early trade on Tuesday as optimism over better-than-expected economic data from China was offset by caution over an upcoming Federal Reserve meeting and an OPEC decision on production. Chinese business activity grew more than expected in January, government data showed, indicating that the country’s economy was clearly on a path […]
South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more
Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely Read more
Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom interest rates as the U.S. Federal Reserve and then the European Central Bank moved towards tightening. Two of Europe’s big corporate and mortgage lenders, Sweden’s […]
China's new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more Read more
ICICI Direct is bullish on Shree Cement recommended buy rating on the stock with a target price of Rs 24,300 Read more
U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular Read more
Taiwan's exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties Read more
Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while Chinese shares rose sharply as they resumed trade after a week-long holiday. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose 1.2% and 0.7%, respectively, with markets betting that the […]
SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with Read more
Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ Read more
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more
By Administrator_India Capital Sands India, one of the fastest-growing tech and telecom markets, is poised to play a key role Read more
Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment from the government to boost spending and support economic growth also aided sentiment. The Shanghai Shenzhen CSI 300 index rose 1.3%, while the Shanghai Composite index added 0.6%, with most sectors trading positively. Automobile and […]
Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to Read more
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns Read more
Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in the period, the world’s second-biggest fashion retailer’s fiscal fourth quarter, was 821 […]
Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted Read more
Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to Read more
Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The Read more
Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more
Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data, while Indian stocks extended their descent as heavyweight Adani remained under pressure from a short seller report. Overnight data showed that the world’s largest economy grew more than expected during the fourth quarter, dispelling some […]
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ panel meeting, as well as more cues on the U.S. economy from a reading on the Federal Reserve’s preferred inflation gauge. Ministers from Algeria, Kuwait, Venezuela, Russia and Oman are set to meet virtually next […]
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Commodities may see increased volatility next week as well with the return of Chinese markets from Golden Week Holiday Commodities Read more
MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on Read more
6 Best Online Brokers and Trading Platform in the Word This is our list of the best online trading platforms Read more
Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and supply chain disruptions. The group, which so far has successfully passed steep input cost increases on to customers, however saw a slowdown in sales during the latter half of 2022, particularly in its flavours business […]
Despite pre-IPO shareholders’ lock-in period coming to an end, Nykaa is seeing no selling pressure in trade today (November 10), Read more
The Annual Duty Division in India charges no assessment on pay acquired through specific means. Notwithstanding, it relies upon different Read more
U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular Read more
Taiwan's exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties Read more
