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08.01 / 12:48
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2024
Nvidia to launch China-focused AI chip in Q2 2024
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08.01 / 11:29
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Boeing shares tumble amid continuing fallout from fresh 737 Max incident
Investing.com -- Shares in Boeing (NYSE:BA) fell sharply in premarket trading in New York on Monday, as reports say that the planemaker and U.S. regulators have hit a snag in carrying out safety inspections in the wake of a mid-air breach of a 737 Max jet last week.
08.01 / 10:31
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Rupee ends little changed, wedged between inflows, oil cos' dollar buys
rupee ended little changed on Monday as dollar demand from importers, including local oil companies, eroded early gains from inflows. The rupee ended at 83.1375 against the U.S. dollar, barely changed from its previous close at 83.15. While the local unit had risen to a three-week high of 83.0550 earlier in the session, strong dip-buying appetite on the dollar-rupee pair eroded early gains, a foreign exchange trader at a state-run bank said. «We keep seeing importers moving in to capture lower levels on spot (on USD/INR),» the trader said, adding that local oil companies were also seen bidding for dollars. Most Asian currencies were rangebound, save for the Thai baht, which weakened by about 0.8%.
08.01 / 02:11
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Weekend
Indian stock market: 7 things that changed for market over weekend - Gift Nifty to US nonfarm payrolls
Sensex closed the day 178.58 points, or 0.25%, higher at 72,026.15, while the Nifty 50 settled at 21,710.80, up 52.20 points, or 0.24%. Also Read: Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week “Healthy pre-quarterly business updates indicate that the earnings growth momentum is likely to continue in Q3 as well. Overall we expect markets to remain in a positive range.
08.01 / 01:50
07.01 / 21:29
07.01 / 16:13
Target
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2024
Global Investors Summit 2024: ‘Barriers to exporting from China limited’, says Raghuram Rajan
Global Investors Meet 2024 organised by the Tamil Nadu government here. “Don't oversubsidize manufacturing and think that's the only part to growth... Services are also a big part of the growth story, and let's not treat services as a stepchild less valuable, less amenable to low-skilled jobs.
07.01 / 15:38
07.01 / 14:45
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Russia launches 28 drones, three missiles at Ukraine - Ukraine's air force
(Reuters) -Russia launched 28 attack drones and three cruise missile at Ukraine overnight, Ukraine's air force said on Sunday, adding that its air defence systems destroyed 21 of the drones.
07.01 / 14:45
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United and Alaska Airlines most affected by 737 MAX's latest grounding
The US Federal Aviation Administration ordered the temporary grounding of certain Boeing (NYSE:BA) 737 MAX 9 jets flown by US airlines, after one such aircraft belonging to Alaska Air Group Inc (NYSE:ALK) lost an emergency exit door midair on Friday.
07.01 / 14:42
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Spirit Aero made blowout part but Boeing has key role -sources
By Valerie Insinna, Tim Hepher and David Shepardson
07.01 / 13:11
Reuters
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Israeli airstrikes kill 2 more journalists in Gaza; Al Jazeera bureau chief loses son 2 months after death of wife
Israel on Gaza was calculated at 77 till 31 December 2023. One of the journalist who lost their life today was a video stringer for AFP news agency, Mustafa Thuria. According to the news agency Thuria had worked with AFP since 2019.
07.01 / 11:55
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Wall Street Ahead: Investors hoping high stakes despite shaky start; consumer data, earnings to watch out next week
Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week The majority of investors continue to hold an optimistic outlook, encompassing positive sentiments toward the U.S. economy, corporate profits, and the Federal Reserve's course of monetary policy.
07.01 / 07:23
Reuters
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2024
Bangladesh Elections 2024: Why the Bangladeshi opposition is boycotting this election
Bangladesh Elections 2024: Bangladesh began voting for its general elections early today January 6, amid pre-poll violence and opposition calls for a boycott of the incumbent government and its candidate, current Prime Minister Sheikh Hasina. Notably, however, Hasina looks set to win a fifth term, and fourth consecutive clean sweep in the country, amid a lack of a significant rival option. This election has unfolded against the backdrop of Hasina's government unrelentingly tamping down on protests by opposition party representatives via widespread arrests.
06.01 / 06:44
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Ant Group close to buying MultiSafepay in about $200 million deal
Ant Group is closing in on a deal to buy Dutch payments firm MultiSafepay as part of the Chinese financial technology group's latest push into Western payment markets, people familiar with the matter told Reuters. The transaction, which is subject to regulatory approval, is expected to value MultiSafepay at around $200 million, one of the people said. It generates $50 million in revenue, the person added, speaking on condition of anonymity.
05.01 / 19:31
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Bangladesh pre-poll violence: 5 dead as Benapole Express train catches fire, several Indians believed to be on board
Somoy news reported. According to Reuters, police suspected an arson attack during unrest ahead of national elections. "We suspect the fire incident was an act of sabotage," police chief Anwar Hossain told AFP, without giving more details.
05.01 / 11:25
05.01 / 10:58
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Chinese court accepts wealth manager Zhongzhi's bankruptcy application
BEIJING (Reuters) — A court in China's capital Beijing on Friday accepted Zhongzhi Enterprise Group's application for bankruptcy liquidation, as the wealth manager grapples with a deepening property market downturn.
05.01 / 09:58
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Rupee likely to trade in a range, bond yields may rise further, say analysts
Also Read: Morgan Stanley downgrades outlook on US dollar to neutral amid falling Treasury yields after Fed’s dovish pivot Investors are looking for the US non-farm payrolls data due Friday to gauge how many times the US Fed is likely to cut rates this year. “The rupee has appreciated this week despite gains in the US dollar index overseas. The foreign capital inflows and RBI intervention have been supporting the local currency for quite long and hence, USDINR has been trading in a range." said Ajay Kedia, Director, Kedia Commodities.
05.01 / 08:54
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Weekly
Asia FX set for weekly losses, dollar strong ahead of payrolls reading
Investing.com-- Most Asian currencies moved in a flat-to-low range on Friday, while the dollar hovered near three-week highs as markets awaited key U.S. labor data for more cues on the Federal Reserve’s plans for interest rate cuts.
05.01 / 08:54
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