US Market | Big fund managers bet against Fed cut hopesSome top money managers are disagreeing with market expectations for Federal Reserve interest rate cuts. They believe the US economy is str...
Following the Fed goes out of fashionThe shift toward a softer, less uniform rate-hiking campaign partly reflects growing disparities in a global economy still struggling with ...
Treasury market’s main battleground has shifted into next yearHowever the main battleground has shifted to how long the overnight benchmark might remain at its peak level and how much, if at all, it wi...
European shares slide after hot U.S. inflation, euro falls below parityA Reuters poll had expected an 8.8% rise. While a 75 basis points interest rate hike by the Fed this month was more or less priced in, the ...
Upstart China smartphone maker cracks notoriously tough IndiaThe move paid off, boosting the four-year-old newcomer’s sales and helping it reach the No. 3 position in the fast-growing market with abou...
Despite sanctions, Putin may collect $321 billion windfall if oil and gas keep flowingBloomberg Economics expects Russia will earn nearly $321 billion from energy exports this year, an increase of more than a third from 2021....
Apple's stock racks up biggest one-day gain since July 2020The world's largest company by market value raked in sales of nearly $124 billion and profit of $34 billion, showcasing its ability to navi...
European shares trade below record highs, deals boost telecom stocksThe pan-European STOXX 600 index slipped 0.2% after reaching just a point below its August peak in the previous session. Media and utilitie...
FTSE 100 sees best day in two-months on energy boost; JD Sports shinesThe FTSE 100 climbed 1.25% with heavyweight energy stocks and bank stocks leading the gains.
Twitter shares dive 7% after Donald Trump account suspensionUS President Donald Trump has a very high and loyal following on Twitter and a lot of those eyeballs will go away if he is permanently rest...
FTSE flat, mid caps hit as PM readies new restrictionsThe midcap index fell another 0.7 per cent in early deals while blue-chip FTSE 100 index was flat to marginally higher, failing to take bac...
From YES Bank failure to oil crash: How India can deal with myriad of risksThe volatility in oil adds a new layer of risk just as the economy was showing nascent signs of a rebound.
European shares hit record high on drop in new virus cases, hopes of China stimulusDialog Semiconductor, STMicroelectronics and AMS AG, were among the top performers on the day.
India’s budget gap seen widening to four-year high on tax cutsThe median of the survey of seven economists showed fiscal deficit may rise to 3.9 per cent of GDP.
Oil dips amid weak demand growth, but Opec-led supply cuts supportBrent crude futures were at $65.60 per barrel, down 7 cents, or 0.1 per cent.
Fairfax will need to sell 25% in ICICI Lombard for second licenceFairfax has applied for a second licence to form a fresh joint venture in general insurance with Kamesh Goyal, a former executive at German...
Insurance Ordinance: Third-party motor cover causes industry stirIn total, every year the industry is burdened with loss of Rs 7,000-8,000 crore on account of this portfolio, impacting their overall profi...