Show Financial News
14.11 / 08:19
14.11 / 08:19
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CBA boss keeps his cool as deposit squeeze arrives
Commonwealth Bank’s profit margin was squeezed further last quarter, but this time the culprit was growing competition for deposits rather than aggressive mortgage pricing, chief executive Matt Comyn said, as savers chased better returns on their money.
14.11 / 07:59
BURST
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NOT
Rachin Ravindra's father clarifies Kiwi star not named after Sachin Tendulkar and Rahul Dravid
Rachin Ravindra has been one of the biggest finds of the World Cup. Not only did he played a big role in New Zealand's journey to the semis but also broke Sachin Tendulkar' record of being the youngest to score 500 runs in a single edition of a World Cup. When he was breaking into international cricket, he was also famous for this first name «Rachin».
14.11 / 07:12
14.11 / 06:31
Provident
Aware
ICE
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travelers
Cost of living in Canada may mean winter tires are put on ice. Here’s why
With winter just around the corner for Canadians, many are likely dreading the age-old problem of driving in snow, but a new study shows one in three are considering not investing in winter tires due to the ongoing cost of living crisis facing the country.
14.11 / 05:53
Nov
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Oil prices inch higher with U.S. inflation, EU recession in focus
Investing.com-- Oil prices rose slightly in Asian trade on Tuesday, extending gains after a report from the Organization of Petroleum Exporting Countries helped ease some concerns over slowing demand.
14.11 / 05:53
economy
Yellow
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Gold Prices
Gold prices sink below $1,950 as CPI data looms
Investing.com-- Gold prices fell below key levels in Asian trade on Tuesday, as traders pivoted into the dollar before U.S. inflation data due later in the day, which is widely expected to determine the path of interest rates.
14.11 / 05:53
economy
Nikkei
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US CPI
us cpi data
Asian stocks
Asian stocks creep higher ahead of US CPI data, China lags
Investing.com-- Most Asian stocks rose slightly on Tuesday, recovering a measure of recent losses as investors hunkered down before key U.S. inflation data, while Chinese markets lagged following weak lending activity data.
14.11 / 05:53
economy
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inflation data
Asia FX weakens, dollar creeps higher before inflation data
Investing.com-- Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy.
14.11 / 05:29
Target
FIVE
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Experts
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MFs shunned these 10 mid, smallcap stocks for 3 months in a row; what should investors do?
smallcap stocks have been the flavour of the season for Dalal Street investors, giving superlative returns. However, the sharp rally has prompted mutual funds to book profits in some of them. The monthly MF holdings data showed that the domestic institutions have reduced exposure to 10 such mid- and smallcap stocks for three consecutive months. Of the 10 stocks, nine of them have given double-digit returns of up to 43% so far in the current financial year, while one has turned multibagger. Mazagon Dock Shipbuilders, Bank of India, Thermax, Uno Minda, and Vedant Fashions are the five midcap stocks which saw mutual funds reducing their exposure for three months in a row, according to the data shared by Nuvama Institutional Equities. The five smallcap stocks that saw selling by MFs for three consecutive months were Galaxy Surfactants, Ingersoll Rand, BEML, Home First Finance, and MTAR Technologies. Mazagon Dock Shipbuilders/BEML These two defence sector superstars have given whopping returns to investors so far in FY24.
14.11 / 05:28
economy
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fall
Bad loan provisioning of PSU banks fall in Q2 amid improving asset quality
The PSU banks continued to show a sustained improvement in the September quarter. At the aggregate level, the provisioning for bad loans or loan loss provisioning for the 12 listed PSU banks fell to Rs 16,552 crore compared with Rs 16,875 crore in the previous quarter and Rs 18,138 crore in the year-ago quarter. Barring the June 2023 quarter, the loan loss provisioning for the sample banks fell in each of the quarter since June 2022.
14.11 / 04:41
Citi
FIVE
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week
Rain alert! IMD predicts heavy rainfall in THESE south Indian states this week. Detail here
Air pollution news today: Air quality in Delhi remains ‘poor’ but shows significant improvement The weather monitoring agency has projected heavy rainfall over the Southeast Peninsular until tomorrow (15 November). Light to moderate rainfall at most places may occur over Andaman and Nicobar Islands for the next five days.
14.11 / 04:41
Provident
Allianz
Healthcare
love
show
World Diabetes Day: Three factors to consider while choosing a life insurance policy
insurance, especially term plans that safeguards the future of your loved ones. It's important to dispel the misconception that diabetes automatically translates to declining of life insurance. In fact, there are tailored plans available that offer affordable coverage without compromising on the quality of protection.
14.11 / 04:03
Provident
Experts
show
testing
Yen's slide to multi-decade lows keeps markets on intervention alert
yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a floor as the Bank of Japan's (BOJ) ultra-easy monetary policy settings remained at odds with the prospect of higher-for-longer rates elsewhere. The Japanese currency similarly slumped to a 15-year low of 162.38 per euro in early Asia trade and slid to a roughly three-month trough of 186.25 per British pound. Against the dollar, the yen last stood at 151.72, languishing near a one-year low of 151.92 hit on Monday.
14.11 / 03:41
Art
Man
Manufacturing
Racing
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gatherings
1962 Ferrari auctioned for $51.7 mn in New York: Sotheby's
1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby's said. The bright red roadster had been the property of an American collector for the past 38 years, and its auction price was surpassed only by that of a Mercedes 300 SLR Uhlenhaut Coupe that went for 135 million euros in 2022, the auction house said. That would be $144 million at today's exchange rate. The 250 GTO went on sale Monday evening after a few minutes of bidding in the auction room, but at a price lower than the more than $60 million expected by RM Sotheby's, the luxury car subsidiary of the auction house. Sotheby's did not identify the winning bidder. Dating from 1962, this legendary Scuderia sports car — chassis 3765, four-liter engine developing 390 horsepower — had finished second in a 1,000 km endurance race on the German Nurburgring circuit, as well as in the legendary 24 Hours of Le Mans, where the team had to withdraw due to engine failure, according to RM Sotheby's. After several years of competition on the Italian mainland and in Sicily, the car was sold and exported to the US in the late 1960s. Restored and modified, the 250 GTO changed American owners several times before ending up in the hands of an Ohio «dedicated collector» in 1985, who sold it on Monday. «This stunning GTO offers its next caretaker further touring and vintage racing enjoyment, or display at major concours d'elegance and marque gatherings worldwide,» Sotheby's said. The Mercedes 300 SLR Uhlenhaut Coupe that fetched 135 million euros in 2022 was one of only two examples of the sport car.
14.11 / 02:45
Provident
Reuters
Digital
Nov
President
show
information
Amazon cuts games unit jobs in broader restructuring
Amazon.com has cut around 180 jobs in its games division, at least the second round of layoffs in under a week by the online retailer and digital streaming provider in a broader restructuring, an email viewed on Monday by Reuters showed. «After our initial restructuring in April, it became clear that we needed to focus our resources even more on the areas that are growing with the highest potential to drive our business forward,» said Christoph Hartmann, vice president of Amazon Games, in the Nov. 13 email.
14.11 / 02:19
Fighting
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Inside
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Updates
Israel-Hamas War LIVE updates: Medics, patients, including newborns trapped inside hospital as war rages
Read the latest updates on the Israel-Hamas war hereA UN aid agency said that at least 102 UN staff members have been killed in Gaza since the war began on 7th October."This is the highest number of United Nations aid workers killed in a conflict in the history of the United Nations," the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) said.At least 27 staff members have also been injured since the start of the war, the UN agency added.Israel’s 2024 budget will be structured to focus on the war and then economic growth thereafter, a senior minister said. “In 2024, we are really structuring the budget to focus on the war and to focus on economic growth immediately after.
14.11 / 02:14
14.11 / 01:07
Citi
FIVE
CEO
Experts
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reports
isolate
Indians dethrone British to become largest real estate investors in Dubai
real estate investors in the Dubai property market, playing a pivotal role in shaping the city's real estate market. The Betterhomes Residential Market Report showed Indians topping the nationalities list in the June and September quarters — up from No.
14.11 / 01:07
Digital
Aware
Platform
Deloitte
show
information
reports
Razorpay’s ‘reverse flip’ to India may entail $300 million tax payment in US
Digital payments platform Razorpay plans to move its parent firm to India through a cross-country merger that may entail a tax payment of $250-300 million in the US, where it is currently domiciled, according to multiple people aware of discussions. The planned merger will be between the US-registered firm and its Indian arm, they said.
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