Trade Financial News

TOKYO (Reuters) — Japan's largest industrial labour group said on Thursday that 25 of its member unions have so far had their wage demands met in full from management, agreeing to raise full-time workers' pay 6.7% during annual wage talks that end next week.

Investing.com-- Oil prices fell slightly in Asian trade on Thursday, cutting short a recent rally as markets awaited more cues on demand from top importer China.

artificial intelligence (AI) technology from the tech giant while secretly collaborating with two Chinese companies, as per an AP report on March 6. Ding, 38, a Chinese national, was apprehended in Newark, California, and faces four counts of federal trade secret theft. Each count carries a potential sentence of up to 10 years in prison.

The stage is set for a Joe Biden-Donald Trump rematch in the US presidential election due in November after Trump swept 14 of the 15 primary elections in ‘Super Tuesday’ states, even as his Republican rival Nikki Haley reportedly decided to suspend her White House campaign. Though Haley did manage a win in Vermont, Trump becoming the party’s nominee seems just a formality.

Tata Motors, NLC India, M&M, JM Financial, Ceat, IGL, are some stocks likely to be in focus on Thursday, March 7.Sensex Today Live : The Indian stock market indices, Sensex and Nifty 50, are anticipated to commence trading on a positive note on Thursday, influenced by optimistic signals from international markets.On Wednesday, the local equity indices staged a strong comeback in the final trading hour, each closing over half a percent higher. This marked a milestone as the Sensex crossed the 74,000 threshold for the first time.The Sensex climbed 408.86 points to conclude at 74,085.99, while the Nifty 50 ended 117.75 points, or 0.53%, higher at 22,474.05.The Nifty 50 chart displayed a long bull candle with an extended lower shadow.

Houthis vow response after airstrikes by US, UK: 'These attacks will not…' Huthi military spokesman Yahya Saree said on social media that the True Confidence was targeted with multiple missiles "after the ship's crew rejected warning messages" from the Huthis. - Months of attacks - The British embassy in Sanaa had earlier said the toll was at least two dead, describing the loss of life as "the sad but inevitable consequence of the Huthis recklessly firing missiles at international shipping." British Foreign Secretary David Cameron meanwhile promised that "we will continue to stand up for freedom of navigation and back our words with actions." US, UK launch second round of strikes on Huthis in Yemen The United States and Britain have since January launched repeated strikes on Huthi targets in Yemen in response to the ship attacks, but the rebels have continued to target merchant vessels.

The Association of Mutual Funds in India has requested MF houses to take pre-emptive steps to safeguard investors. It took its cue from concerns raised by the Securities and Exchange Board of India’s (Sebi) over retail investors getting over-exposed to high-risk small- and mid-cap stocks. The market regulator’s worry is understandable.

Sensex rose 408.86 points to close at 74,085.99, while the Nifty 50 settled 117.75 points, or 0.53%, higher at 22,474.05. Nifty 50 formed a long bull candle on the daily chart with a long lower shadow. “Technically, this pattern indicates a bullish rising three method pattern and this is an uptrend continuation pattern.

Mukka Proteins IPO: The listing date of the initial public offering (IPO) of Mukka Proteins Limited has been fixed on 7th March 2024 i.e. today. As per the information available on the BSE website, Mukka Proteins IPO listing date has been fixed on 7th March 2024.

By Gilles Guillaume

By Adriana Barrera and Cassandra Garrison

(Reuters) — Oil prices ticked higher on Thursday after U.S. crude inventories rose less than expected last week and fuel stocks saw large draws.

By Rae Wee

Record highs for bitcoin and gold are sending mixed messages about the appetite for risk across global markets.

Developing-world currencies were mixed on Tuesday as traders awaited key speeches and data that could shed light on the outlook for US interest rates while losses in Hong Kong-listed tech stocks drove emerging-market equities lower. 

stock market are increasing exposure to small- and mid-cap companies that are outperforming larger peers. The number of firms with more than 10% overseas shareholding rose to 275 on the BSE 500 Index as of December-end, versus 257 a year ago, according to a Bloomberg analysis of foreign institutional ownership data. The increase was largely fueled by minnows.

NEW DELHI : The four nations making up the European Free Trade Association (EFTA) have offered duty-free market access for India’s animal products, fish, processed food and vegetable oils in a trade pact that is expected to be signed next week, two people aware of the matter said. The EFTA nations—Iceland, Liechtenstein, Norway and Switzerland—have also proposed $100 billion of investment in India by their companies over 15 years, which could create about a million jobs, the people said on the condition of anonymity. The two sides began negotiations for a trade treaty in 2008.

Indian stock market today: A total of 3 stocks have been banned for trade on Thursday, March 07, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

Dividend stocks: Shares of Sanofi India Ltd, Panchsheel Organics Ltd, Manorama Industries Ltd, Sunshine Capital Ltd, Sawaca Business Machines Ltd, and Shervani Industrial Syndicate Ltd will be in focus when the stock market opens on March 7 (Thursday). The Board of Directors of these companies have declared interim dividend, stock split, rights issue, bonus issue, and buy back of shares for their eligible shareholders. The record date by the 6 companies to ascertain the eligibility of shareholders for their respective issues have been fixed on March 7.

By Hari Kishan and Sarupya Ganguly

Investing.com-- Australia’s trade balance grew slightly less than expected in January, as growth in the country’s exports cooled amid slowing demand for its biggest commodity shipments, while imports remained steady.