Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom interest rates as the U.S. Federal Reserve and then the European Central Bank moved towards tightening. Two of Europe’s big corporate and mortgage lenders, Sweden’s […]
China's new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more Read more
Nirmala Sitharaman, India's finance minister, met with officials from the US semiconductor sector and asked them to invest more in Read more
European stock markets pushed higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth Read more
European stock markets edged lower Tuesday, as investors digested dire Chinese growth numbers as concerns about the global economic outlook Read more
Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while Chinese shares rose sharply as they resumed trade after a week-long holiday. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose 1.2% and 0.7%, respectively, with markets betting that the […]
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more
By Administrator_India Capital Sands India, one of the fastest-growing tech and telecom markets, is poised to play a key role Read more
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns Read more
Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment from the government to boost spending and support economic growth also aided sentiment. The Shanghai Shenzhen CSI 300 index rose 1.3%, while the Shanghai Composite index added 0.6%, with most sectors trading positively. Automobile and […]
Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to Read more
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns Read more
Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies of the Adani conglomerate – controlled by one of the world’s richest men Gautam Adani – have lost a combined $48 billion in market value […]
Shares in Saga (LON:SAGA) rose on Monday after the company confirmed on a weekend report saying it's in talks to Read more
Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and Read more
Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced Read more
UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank's Chairman Colm Kelleher said in a interview Read more
Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in the period, the world’s second-biggest fashion retailer’s fiscal fourth quarter, was 821 […]
Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted Read more
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from Read more
The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S. data and hawkish policymaker Read more
Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data, while Indian stocks extended their descent as heavyweight Adani remained under pressure from a short seller report. Overnight data showed that the world’s largest economy grew more than expected during the fourth quarter, dispelling some […]
The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current Read more
Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more
The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened Read more
South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more
Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ panel meeting, as well as more cues on the U.S. economy from a reading on the Federal Reserve’s preferred inflation gauge. Ministers from Algeria, Kuwait, Venezuela, Russia and Oman are set to meet virtually next […]
Commodities may see increased volatility next week as well with the return of Chinese markets from Golden Week Holiday Commodities Read more
MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on Read more
6 Best Online Brokers and Trading Platform in the Word This is our list of the best online trading platforms Read more
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns Read more
Microsoft (NASDAQ:MSFT) shares are set to open under pressure later Wednesday after the software giant reported its slowest sales growth in six years and warned that there may be worse to come. Revenue grew only 2% year-over-year in the three months through December to $52.7 billion, missing the consensus estimate of $53.12B. While earnings were […]
By Administrator_India Capital Sands EU leaders were making progress on Monday after three days of haggling over a plan to Read more
Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and Read more
Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced Read more
UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank's Chairman Colm Kelleher said in a interview Read more
Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and supply chain disruptions. The group, which so far has successfully passed steep input cost increases on to customers, however saw a slowdown in sales during the latter half of 2022, particularly in its flavours business […]
Microsoft (NASDAQ:MSFT) shares are set to open under pressure later Wednesday after the software giant reported its slowest sales growth Read more
Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced Read more
UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank's Chairman Colm Kelleher said in a interview Read more
European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data, Read more
Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another major build in U.S. inventories kept gains limited. Crude prices have fallen into a holding pattern over the past month, with markets constantly weighing the prospect of slowing global economic […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely Read more
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude Read more
Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while Read more
