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Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
India-US Trade Facilitation Portal records 3,500 registrations within months of launch: Piyush GoyalAround 3,500 registrations have been recorded on the India-US Trade Facilitation Portal since its launch. This platform aims to connect Ind...
Global Market: European shares flat as investors assess earnings, France turmoilEuropean shares traded flat as investors weighed corporate earnings and political uncertainty in France. Falling oil prices, driven by hope...
Asia-focused banks face bond market risks ahead of Q3 earningsAsia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC,...
Hermes, try a scarf around just ChinaHermes is facing a decline in revenue growth driven by decreasing demand in its Chinese market. The brand recognizes the importance of main...
Global Market Today: Asian stocks slide after US tech routMSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...
Government names Sunil Kumar ONGC chairman; to succeed Arun Singh in DecemberSunil Kumar has been appointed as chairman of ONGC, succeeding Arun Singh, effective December 7. Kumar’s appointment follows recommendation...
Global Market: Eurozone banking crisis fears return as government borrowing costs surgeRising euro zone borrowing costs have renewed fears of a sovereign debt crisis, particularly in France. European banks’ stronger capital bu...
Global Market | Safe-haven assets under pressure: Dollar, Swiss franc, German bonds and gold in focusSafe-haven demand is shifting amid AI-driven market volatility, geopolitical tensions, rising energy prices and mounting government debt. T...
Global Market: Japanese government bond yields fall as safe-haven demand returnsJapanese government bond prices rose for a third session as attractive yields and safe-haven demand boosted investor interest. Record deman...
Global Market: China's yuan hits four-year high on export strength, weak dollarChina’s onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, fore...
Japan’s Nikkei jumps over 1% as AI optimism lifts chip stocks; exports rise 16.7%Japan’s Nikkei 225 rose 1.56% as renewed optimism over AI demand and gains on Wall Street lifted investor sentiment. Strong export growth a...
Global Market: South Korean shares jump 3% as chipmakers rally on strong exports, AI demandSouth Korea’s KOSPI surged 3.03% after hitting a six-month closing low, supported by a rally in chipmakers, record semiconductor exports an...
Bessent sees no spillover from France bond market’s turmoilScott Bessent, the US Treasury secretary, expressed that the French bond market will not affect other markets. He acknowledged the economic...
Dollar and euro drift, yen slips as markets seek directionThe euro was steady at $1.1216, while the British pound rose 0.1% to $1.3308. The Australian dollar was up 0.1% at $0.6986, while its New Z...
Global Market Today: Asian stocks decline in break from US chip rallyLosses were led by a more than 2% drop in South Korea’s Kospi Index — a bellwether for artificial intelligence investments — as chip heavyw...
Sterling hits 17-month high against euroSterling hit a fresh 17-month high against the euro on Monday as street riots in France and elevated energy prices weighed on the single cu...
Global Market: Eurozone bond selloff to weigh on growth, curb inflation, Lagarde saysECB President Christine Lagarde warned that a global bond selloff is tightening euro zone financial conditions, raising borrowing costs and...
Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warnsCyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine m...
AMC stocks gain up to 33% in H1 FY27 despite market turmoilAmid stock market fluctuations, listed asset management companies have successfully held their ground, thanks in part to robust retail inve...