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PHILIP LOGAN
U.S. stock futures jump today as AI optimism outshines 3-day government shutdown – Dow, S&P 500, Nasdaq all in green on Tesla, Nvidia, AMD rallyU.S. stock futures jumped today as investors shrugged off a 3-day government shutdown. AI optimism and tech rallies led the gains. Dow, S&P...
US job growth forecast weak before Fed meetLabour demand has gradually diminished as companies search for ways to offset other costs, including higher import duties. A separate gover...
Asian stocks advance ahead of US inflation data, Nikkei climbsAsian stock markets saw gains at the opening bell. Investors are awaiting the release of a crucial inflation report from the United States....
How Trump could influence the makeup of the FedDonald Trump faces hurdles in reshaping the Federal Reserve due to legal protections for current governors and staggered term expirations. ...
How Trump could influence the makeup of the FedMichael Barr is stepping down as the Federal Reserve's vice chair of supervision next month. He will continue to serve on the Fed's Board o...
Wall Street rises with Fed minutes, inflation data in focus; Alphabet dropsWall Street's main indexes were little changed at the open on Wednesday as investors awaited the minutes of the Federal Reserve's latest me...
Asian shares rally as markets wager on Fed pivot; US inflation in focusThe recent buoyancy in sentiment also owe much to comments from more Fed officials suggesting rates there may have peaked, which triggered ...
Fed's Waller: Fed can "watch and see" if further hikes neededFederal Reserve Governor Christopher Waller stated that higher market interest rates could help the Fed control inflation and allow them to...
US treasuries surge on flight to safety bids, dovish FedBenchmark 10-year yields were on track for their largest daily drop since July, while those on the two-year were on pace for the biggest da...
Bonds rally on safety-bid and dovish FedAfter dropping 15 basis points at the open, 10-year yields were 12.5 bps lower at 4.66% at 1235 GMT. Two-year yields also dived more than 1...
Gold builds on Middle-east conflict fuelled gains as US dollar, bonds retreatThe conflict is threatening more volatility for investors, adding to uncertainty ahead of corporate earnings season and crucial U.S. inflat...
Dollar slips as dovish Fed speak dials down rate expectationsInvestors are bracing for a drawn-out conflict after a weekend attack from Palestinian militants - and Israel's retaliation - has claimed m...
Croydon tram crash update: Operators at Old Bailey fined £14m; Know how the 2016 accident happenedThe Tramlink train was travelling at three times the speed limit and it toppled over on a sharp bend, killing seven people and injuring 62 ...
Stocks in news: HDFC AMC, IIFL Securities, IndiGo, Can Fin Homes, Timken India, Aether IndustriesPrivate equity firm TPG Investments, through its India arm, has sold its entire stake in Shriram Finance through open market transactions o...
Nasdaq jumps as growth stocks back in play, debt ceiling deal optimism prevailsThe Nasdaq and the S&P 500 rose on Thursday as investors shifted into high-growth stocks amid optimism about a U.S. debt ceiling deal being...
Fed's Logan indicates support for further rate hikeThe Federal Reserve is divided on how aggressively to target inflation, with some officials believing that more rate hikes are needed to re...
Dollar finds friends after sticky U.S. inflation readoutSterling was boosted overnight by strong wages data and last bought $1.2178. U.S. retail sales figures are also due and will gauge how the ...
Budget hotels gain as companies cut travel expensesEconomic downturn helps serviced apartments & budget hotels gain business as cos reduce travel expenses & cut down on luxury hotel stays.
- Accor launches low-cost brand 'Formule1' in Ahmedabad
Accor, international operator of hotels in Asia Pacific, on Wednesday launched its first property Formule1 in Ahmedabad, Gujarat.
- Students watch history unfold as Obama declared US President
While the US presidential poll result was unravelling early this morning, select students from various schools and colleges got an opportun...