Day: January 30, 2023

Rising Interest Rates
Economy

Rising Interest Rates Have a Sting in The Tail For Europe’s Banks

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 […]

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China’s Dec Home Prices fall, More Supportive Policies Likely
China's Dec

China's new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more Read more

Buy Shree Cement; target of Rs 24,300: ICICI Direct
Financial News

ICICI Direct is bullish on Shree Cement recommended buy rating on the stock with a target price of Rs 24,300 Read more

Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings
Dow Futures

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 Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll
Taiwan Exports

Taiwan's exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties Read more

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Asian Stocks
Asia

Asian Stocks Sink As Fed Week Begins, China Reopens Strong

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 […]

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Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources
SoftBank's

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

Japan Startup Selling $550,000 Star Wars-inspired Hoverbike To List On NASDAQ
hoverbike

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 Rise On Strong Bank Earnings, Asian Markets Advance
Indian stocks

Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more

India poised to play key role in global economy: Verizon Business
India poised to play key role in global economy: Verizon Business

By Administrator_India Capital Sands India, one of the fastest-growing tech and telecom markets, is poised to play a key role Read more

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Chinese Stocks
Stock Market

Chinese Stocks Surge After Week-Long Holiday

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 […]

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Asian Stocks Rally On China Stimulus, Japan Hit By BOJ Uncertainty
Asian stocks rally

Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more

Asian Stocks Cautiously Optimistic Ahead of U.S. CPI DataAsian Stocks Cautiously Optimistic Ahead of U.S. CPI Data
stock market

Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to Read more

Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap
Asia FX Drifts

Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more

Chinese Fret Over Infecting Elderly As Holidays Prompt COVID Warnings
COVID Warnings

People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns Read more

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