Economy Financial News

16.02 / 11:55

COST UPS Target Cooper economy Trade country Singapore to expand 2024 spending, enforce global minimum tax

By Xinghui Kok and Joe Brock

16.02 / 11:55

COST Manufacturing economy pandemic reports Colleges Interviews Fed Chair Powell Just Said the Quiet Part Out Loud

Over the last several months, we have seen repeated employment reports from the Bureau of Labor Statistics (BLS) that crushed economists’ estimates and seemed to defy logic. Such is particularly the case when you read commentary about the state of the average American as follows.

16.02 / 11:55

Waves economy Southern show country Droughts, heatwaves could dent Spanish banks' capital -ECB's De Cos

MADRID (Reuters) — Severe droughts and heatwaves in Spain could have a persisting impact on the domestic lenders' solvency by slowing down the economy and leading to more loan losses, the Bank of Spain Governor Pablo Hernandez de Cos said on Friday.

16.02 / 10:49

economy Metro hospital PM Modi lays foundation stone for AIIMS Rewari — 5 things to know about upcoming 720 bed hospital in Haryana

₹1,650 crore. Details shared by the Centre indicate that the PM will dedicate six operational AIIMS centres within the few days.

16.02 / 10:49

markets Target FIVE Manufacturing CEO economy reports Canara Robeco Mutual Fund’s assets under management to hit ₹1 lakh crore: Report

₹1 lakh crore in March from ₹80,000 crore as of December-end on the back of buoyancy in the equity market and increased fund flow, reported Business Line. Rajnish Narula, CEO, Canara Robeco MF, said the industry is poised for a steady growth for the next five years given the overall bullish sentiment in the equity market and enabling government policies that have ensured all segments of the economy participate in India’s $5 trillion GDP target. The steady inflows into the mutual fund house is a reflection of investors’ faith in the industry and Canara Robeco will hit the milestone of achieving ₹1-lakh crore-mark by end of this March, he said while launching New Fund Offer of Manufacturing Fund.

16.02 / 10:46

UPS Provident economy Browser Research recommendations Podcasts British retail sales rebound in January after Christmas slump

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16.02 / 10:45

markets UPS economy Election MSCI performer rights Asia and emerging markets sector review – elections, markets, and dragons

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16.02 / 08:57

UPS Reuters Strategy economy Universities country Analysis-Italy's small investor push to slacken when ECB rate cuts start

By Sara Rossi

16.02 / 08:55

economy Election BBC Opinion trends show UK by-election results deliver double trouble for Rishi Sunak

Rishi Sunak suffered two heavy blows to his leadership ahead of a general election later this year as the Opposition Labour Party overturned strong Conservative majorities to win by-elections in England on Friday. Labour's Dan Egan won the House of Commons seat of Kingswood, south-west England, and the party's Gen Kitchen won Wellingborough, in the East Midlands region of England. The results reflect double trouble for the British Indian leader as the Conservatives had won both seats by decisive margins at the last general election under Boris Johnson in December 2019.

16.02 / 08:22

markets UPS economy country information reports Exclusive-HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk, say sources

By Sumeet Chatterjee, Engen Tham and Selena Li

16.02 / 08:09

markets Provident Maxim economy Enterprise wellness country Emergence of Mid-cap and Small-cap funds in India

Unit Linked Insurance (ULIP) plans. The AUM of the Indian MF Industry has grown from ₹9.03 trillion as on January 31, 2014 to ₹52.74 trillion as on January 31, 2024 around 6 fold increase in a span of 10 years. The Indian Insurance market is expected to reach US$ 200 billion by 2027 and the country is the ninth-largest life insurance market globally.

16.02 / 08:09

markets UPS economy Nestle Colgate-Palmolive performer Investment Opportunities Nifty FMCG vs Nifty Finance: Which sector has better long-term investment opportunities?

Varun Beverages has gained the most almost 15 percent followed by Godrej Consumer, up 10 percent, and Tata Consumer, up 5 percent. Meanwhile, Radico Khaitan, Colgate-Palmolive and United Spirits also gained between 1.5-4 percent each in this time. However, Emami was the top loser, down 17.6 percent in 2024 YTD followed by ITC, down 13 percent, and HUL, down 11.3 percent.

16.02 / 07:59

UPS Reuters economy Food show country UK retail sales jump, suggesting recession will be short-lived

LONDON (Reuters) -British retail sales rose by a stronger-than-expected 3.4% in January, according to official figures that showed signs of strength among consumers a day after data confirmed the country's economy entered a recession last year.

16.02 / 06:11

markets UPS economy show country reports Hong Kong stocks rally as markets position for China reopening

Investing.com-- Hong Kong’s Hang Seng index shot up on Friday as traders piled into China-exposed stocks before the reopening of mainland markets after a week-long holiday next week.

16.02 / 06:11

markets economy Yellow wellness Trade President show Gold Prices Gold prices retake $2,000 after weak retail sales, weekly losses still on tap

Investing.com-- Gold prices moved little in Asian trade on Friday after retaking a key level as weak U.S. retail sales data spurred some doubts over when the Federal Reserve will begin cutting interest rates.

16.02 / 06:11

markets COST Action economy show track shock Analysis-Unfazed by recession, BOJ keeps April policy shift on table

By Leika Kihara

16.02 / 05:09

economy show reports Chart beat: Inflation can be a party pooper, say fund managers

Global growth optimism has peaked since February 2022 as fund managers anticipate the global economy to avoid a recession, showed the latest BofA Global Fund Manager Survey. However, global fund managers are increasingly worried about elevated inflation playing party pooper for investor sentiment.

16.02 / 01:15

markets Digital economy country reports testing Schools Rackspace Technology aims to double revenue growth in India as AI adoption increases

Rackspace Technology, is looking to double its revenue growth in India in the next two years as more local firms adopt artificial intelligence and the demand for private cloud booms in Asia’s third-biggest economy. The Texas-based company will also look to establish a data centre in the country in the next year or two for its private cloud services, its chief executive said, adding to the data centres it operates and manages at 34 locations worldwide.

15.02 / 23:05

markets Reuters Manufacturing economy pandemic show country Rate Cut US dollar retreats as slew of data keeps rate cut expectations in June intact

By Gertrude Chavez-Dreyfuss

15.02 / 23:05

markets UPS Citi Target economy Nikkei Citi sees 18% more upside for Nikkei 225 in 2024

Japanese stocks have witnessed significant gains since the beginning of the year, propelling the Nikkei 225 index past the 38,000 mark for the first time since 1990.

15.02 / 20:41

Target Mobile economy Sustainability Hess New York state pension fund selling holdings in Exxon, other energy companies

The New York State Common Retirement Fund plans to restrict its investments in Exxon Mobil Corp. and seven other oil and gas companies after reviewing their efforts to shift to a low-carbon economy.

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