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
