US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...
Rupee edges higher; options market gauge turns most bearish in over a monthThe Indian rupee strengthened modestly on Wednesday against the U.S. dollar. Easing U.S. Federal Reserve rate hike bets supported the rupee...
China CITIC Bank International plans dollar, offshore yuan perpetual bondsChina CITIC Bank International plans to issue perpetual bonds in US dollars and offshore yuan. Initial price guidance is set around 5.45% f...
US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earningsU.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. N...
UK banks' lack of Mythos access a wake-up call, government AI adviser saysHarriet Rees, chief information officer at Starling Bank, who was appointed "AI champion" by the finance ministry in January, said Britain ...
US stocks today: S&P 500 and Nasdaq open higher as CPI, bank earnings take focusUS markets opened mixed as softer inflation data boosted expectations of a less aggressive Federal Reserve. The S&P 500 and Nasdaq gained, ...
Wells Fargo tops profit estimates on interest income boost, trading boomWells Fargo reported a significant profit increase in the second quarter. Strong trading desks and robust loan growth fueled this positive ...
Why stock market fell today? Rising oil prices among key factors behind Rs 3 lakh crore wealth erosionBenchmark indices Sensex and Nifty fell sharply on Tuesday as soaring crude oil prices, renewed rate hike fears, weak Q1 earnings from HCL ...
Japan's Nikkei rallies on bargain-hunting, Kospi recoveryJapan's Nikkei share average rallied on Tuesday, reversing an earlier slide. Bargain-buying and a recovery in South Korea's Kospi supported...
US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy frameworkFederal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists w...
Dollar jumps on renewed Middle East attacks, Hormuz closureThe dollar strengthened against most currencies due to renewed Middle East conflict. This conflict fueled inflation fears and increased rat...
Global headwinds to cap rupee gains through 2026: ET PollThe Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar...
US Democrat Ro Khanna detained by Israeli settlers during West Bank visitUS lawmaker Ro Khanna reported being detained by Israeli settlers armed with American-made rifles. His group was touring a Palestinian vill...
5 world market themes for the week aheadTSMC's earnings will offer insights into AI chip demand this week. Wall Street banks are set to report, with expectations for strong corpor...
Circle shares surge 13% on getting regulatory approval to set up US trust bankCircle secured final regulatory approval from the OCC for its national trust bank. This allows the stablecoin issuer to manage its own rese...
Value buyers lift India bonds; US-Iran war jitters, oil risks weighOn Thursday, Indian government bonds rebounded following a selloff in the previous session. However, rising oil prices and U.S. Treasury yi...
India's US Treasury holding hits a 6-year low amid gold pushIndia's US Treasury holdings dropped to $181 billion in April. This reduction reflects a strategic shift in foreign asset diversification b...