Economy

UniCredit
Economy

UniCredit Hikes Payout Goal By 40% After Record Rofit

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 […]

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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

European Stock Futures Higher; U.K. GDP Grows in November
European stock

European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data, Read more

Oil prices rise on supply woes
Financial News

Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies 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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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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Adani Extends Losses
Economy

Asian Stocks Rise Tracking Positive U.S. GDP, Adani Extends Losses

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 […]

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Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more

Dollar Edges Lower; Fed Minutes Loom Large
Dollar edges

The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more

Asian Stocks Hit By Tech Rout, More Fed Cues Awaited
Asian stocks

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes
Asian stocks muted

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more

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Economy

Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data

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 […]

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Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains
Gold Prices

Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more

US LABOUR REPORT TO SET THE TONE FOR COMMODITIES MARKETS, DOLLAR INDEX
Financial News

Commodities may see increased volatility next week as well with the return of Chinese markets from Golden Week Holiday Commodities Read more

Foreign land4discouse snap up Indian bonds set for inclusion in global indexes This company pays its employees to leave. Those on notice period get 10% hike
stock market

MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on Read more

6 Best Trading Platforms Globally
6 Best Trading Platforms Globally

6 Best Online Brokers and Trading Platform in the Word This is our list of the best online trading platforms Read more

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Flavour maker Givaudan
Economy

Flavour Maker Givaudan Beats Earnings Forecasts in a Tough Year

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 […]

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Lock-in Ends But Nykaa Sees no Selling Pressure, Thanks to Bonus Issue Masterstroke By Falguni Nayar
NAYKKA

Despite pre-IPO shareholders’ lock-in period coming to an end, Nykaa is seeing no selling pressure in trade today (November 10), Read more

Non-Taxable Income! Charge isn’t relevant to these 5 income
financial news

The Annual Duty Division in India charges no assessment on pay acquired through specific means. Notwithstanding, it relies upon different 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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Saga Rises
Economy

Saga Rises After Confirming Talks to Sell Insurance Business

Shares in Saga (LON:SAGA) rose on Monday after the company confirmed on a weekend report saying it’s in talks to sell its insurance business Acromas. The Sunday Times had reported that the group wants to use the proceeds from the sale to pay down debt, after a year in which financing costs have risen substantially […]

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Carlsberg Expects Lower Beer Consumption To Hit 2023 Growth
Carlsberg

Danish brewer Carlsberg (OTC:CABGY) on Tuesday forecast organic operating profit growth in 2023 below last year's level as higher beer 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

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

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

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Oil prices rise
Economy

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. Markets are betting on a strong boost to the Chinese economy from the week-long Lunar New Year holiday, […]

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Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil Prices Dip

Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses Read more

OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS
Financial News

Oil Prices Rose Further On Tuesday As Markets Positioned For The Biggest Supply Cut By OPEC Since The 2020 COVID Read more

Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains
Oil Rises

Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more

Oil Extends Gains on China reopening Hopes, Tightening Supply
OIL EXTENDS

Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more

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Economy

Aussie Falters on Soft Jobs Data, kiwi Calm After Ardern Resignation

The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive currency, while the kiwi was little moved by the resignation of Prime Minister Jacinda Ardern. The Aussie eased 0.4% to 0.6910%, the softest level in one week, after hitting a five-month […]

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Asia FX inches Higher Ahead of Powell speech, China optimism Fades
ASIA FX

Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more

Dollar Down as Fed Minutes, U.S. Data Weighs
Dollar down

The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve's November meeting showed that most Read more

ASIA FX MOVES LITTLE IN ANTICIPATION OF RED-HOT U.S. INFLATION
Financial News

Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key 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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U.K. unemployment
Economy

U.K. Unemployment Rose Less Than Feared in December

The U.K. labor market stayed stronger than expected in December, with the number of benefit claimants rising only moderately. At the same time, wage growth in November, the last month for which data are available, grew more strongly than expected, rising 6.4% on the year, according to the Office for National Statistics. The figures add […]

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ITR Mistakes? Trouble Ahead: Wrong Deductions & Exemptions
Income Tax Return

  Distorting of pay and asserting improper derivations while documenting the Annual Expense form (ITR) for AY 2023-24 can prompt Read more

Non-Taxable Income! Charge isn’t relevant to these 5 income
financial news

The Annual Duty Division in India charges no assessment on pay acquired through specific means. Notwithstanding, it relies upon different 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 rally
Economy

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

Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus measures, while fears of more hawkish moves from the Bank of Japan saw local stocks tumble. China’s blue-chip Shanghai Shenzhen CSI 300 index was the best performer in Asia, rallying 2% to a near five-month […]

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Chinese Stocks Surge After Week-Long Holiday
Chinese Stocks

Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment 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

Asian Stocks Hit By Tech Rout, More Fed Cues Awaited
Asian stocks

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes
Asian stocks muted

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more

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