Asian shares gain as fears about rapid Fed hikes, bank crisis fadeAs recently as last week, markets were braced for the return of large Fed hikes but the swift collapse of SVB has changed those expectation...
15 Mar, 2023, 08.09 AM IST
Asian shares at 9-month high after resilient U.S economic dataElsewhere in Japan, core consumer prices in Tokyo, a leading indicator of nationwide trends, rose 4.3% in January from a year earlier, mark...
27 Jan, 2023, 07.59 AM IST
Strategic Reentry: ING weighs buying IDBI Bank for India returnNetherlands’ largest lender examining books, top brass was in India recently.
18 Jan, 2023, 06.35 AM IST
India inflation likely softened to nine-month low in November: Reuters PollThe Dec. 5-8 Reuters poll of 45 economists predicted the second consecutive decline in inflation to an annual 6.40% from 6.77% in October. ...
09 Dec, 2022, 08.56 AM IST
Asian stocks jump after Powell hints at rate hike slowdownIn an eagerly-awaited speech, Powell said the central bank could scale back the pace of its interest rate hikes "as soon as December," but ...
01 Dec, 2022, 08.44 AM IST
Asia stocks advance as investors await U.S. midterm election resultsA split Congress would diminish the outlook for fiscal support measures, leading to investors to expect the Fed to sooner become less aggre...
09 Nov, 2022, 08.28 AM IST
Oil climbs, Asian shares mixed as holiday-heavy week gets underwayThe dollar traded flat against the yen at 144.75 after hitting a high of 144.89 overnight. Japan's finance minister Shunichi Suzuki said th...
03 Oct, 2022, 10.36 AM IST
Asian shares rise as hopes for audit deal boost China techIn the currency markets, the dollar was little changed against a basket of major currencies. The commodity-exposed Australian and New Zeala...
26 Aug, 2022, 08.00 AM IST
Surprise tightening in Asia ups pressure on dovish central banksPressure is on countries like India who are already returning policy toward pre-pandemic levels. That’s because higher borrowing costs in t...
16 Jul, 2022, 01.21 PM IST
Asian stocks track Wall Street gains ahead of US payroll dataAll three major U.S. indices made gains overnight on positive signals from Federal Reserve officials. Governor Christopher Waller called re...
08 Jul, 2022, 08.04 AM IST
Omicron poses limited downside to Indian economy, say economistsThe Jan. 11-18 poll of over 45 economists forecast 5.0% economic growth this quarter, a sharp downgrade from the 6.0% given in December, fi...
19 Jan, 2022, 10.38 AM IST
Australia shares trim losses on better-than-expected GDP dataThe S&P/ASX 200 index closed 0.1% lower at 7,527.1, recovering from a 1% drop earlier in the session, after data showed that Australia's se...
01 Sep, 2021, 02.27 PM IST
There is a lot of cash floating around but nothing is going anywhere, says ING's Robert Carnell“People are worried about losing the gains that they have made and we are going to see a very jittery market, moving closer to a decision o...
01 Jul, 2021, 10.17 AM IST
ASX 200 closes 1% higher; Australia shares hit record peak as economic data boosts risk appetiteThe S&P/ASX 200, which has climbed to record highs a multiple times in recent sessions, closed 1.1 per cent higher at 7,217.8. The benchmar...
02 Jun, 2021, 02.10 PM IST
HODL your horses, cryptos face possible hurdles ahead, experts sayEurope and the United States are both working on regulating digital assets and their providers - moves welcomed by investors, who hope the ...
27 Apr, 2021, 11.28 PM IST
Emerging market investors don’t expect an olive branch in trade talksTrade war will last longer than what the market is hoping because it’s not just about trade.
08 Oct, 2019, 06.36 PM IST
Oil prices jump after Saudi Arabia announces December supply cutUS West Texas Intermediate (WTI) crude futures rose 1.6 per cent to $61.15 per barrel.
12 Nov, 2018, 03.50 PM IST