UPS Financial News
23.01 / 05:03
23.01 / 02:53
markets
UPS
Netflix
Tesla
reports
record high
S&P 500 ends with record high for 2nd session in row
record high close on Monday as tech stocks added to recent gains and investors awaited upcoming corporate reports for clues on this year's profit outlook.
23.01 / 02:53
23.01 / 02:53
markets
UPS
Citi
Sustainability
Research
trends
China's residential foreclosures increase 43% in 2023
China rose 43% year-on-year in 2023, according to a private survey on Monday, highlighting a worrying trend of rising mortgage delinquencies amid a sustained property market slump and a patchy economic recovery. The number of foreclosed homes up for auction stood at 389,000 units last year, said China Index Academy, a major independent real estate research firm. A total of 99,000 units worth a combined 150 billion yuan ($20.84 billion) were successfully sold at auctions, the firm said.
23.01 / 02:53
UPS
Target
Trade
War
hospital
Geopolitical tensions
Oil slips as economic concerns eclipse geopolitical tensions
Oil prices eased in early trade on Tuesday as anxiety over the global demand outlook for oil offset geopolitical tensions in the Middle East and supply worries following an attack on a Russian fuel export terminal over the weekend.
23.01 / 02:53
UPS
security
President
War
Interviews
Relationships
China says may retaliate against US's 'hegemonic' chip war
European Union can avoid getting swept up into China’s response to US chip-equipment curbs, Beijing’s ambassador in The Hague said in an interview with a Dutch newspaper. “If the Americans treat us in a hegemonic manner, we will of course respond,” said Tan Jian, Chinese ambassador to the Netherlands, in an interview with NRC published Sunday. “But our relationship with the EU should not be affected.”
23.01 / 02:53
markets
UPS
FIVE
Progressive
economy
MSCI
Nikkei
Japan shares hit 34-yr highs, yen steady ahead of BOJ decision
Chinese stocks extended declines after a brutal session.
23.01 / 02:53
markets
UPS
Cooper
country
reports
rights
Bull semen imports are a welcome dairy experiment
It’s no mean feat that India is the largest producer of milk in the world, especially when one considers the limited supply we had right after independence. Since the white revolution in subsequent decades, which saw rural dairy farms link up to form cooperative networks, our milk production has come a long way. In 2022-23, the country produced 230.6 million tonnes of it.
23.01 / 02:27
UPS
week
Bank holidays this week: Banks to remain closed for three days in a row. Know details here
list of bank holidays, which is based on various factors including national/state holidays, cultural or religious observance, operational requirements, government announcements, and coordination with other banks. January 23 (Tuesday)- Gaan-Ngai- Banks are closed in Manipur. January 25 (Thursday)- Thai Poosam/Birthday of Md.
23.01 / 01:59
23.01 / 01:43
UPS
Citi
Provident
Parke
country
reports
International
Ram temple a reality, more on cards for Ayodhya: How govt plans to put 'Land of Shree Ram' on world tourism map
“India's biggest religious tourism hub". But the government seems to have a much bigger plan for Ayodhya — dubbed as "The Land of Sree Ram" by it. The Union and the Uttar Pradesh governments plan to put the city "on the map of world tourism in the years to come".
23.01 / 01:43
23.01 / 01:43
COST
UPS
Entertainment
Enterprise
Sony
reports
Investigations
Stocks to Watch: ICICI Bank, Cipla, ZEE, Axis Bank, Coforge
Axis Bank: The lender is set to announce its third quarter results for FY24 on January 23. Kotak Institutional Equities estimates the bank to announce Net Interest Income (NII) of ₹124,553 million for Q3FY24, up 8.6% compared to the corresponding period last year. Net profit for Q3FY24 is projected to stand at ₹62,120 crore, up 6% year-on-year.
23.01 / 01:35
UPS
performer
reports
Brown & Brown's Q4 profit jumps on robust growth in fee, investment income
(Reuters) — Insurance brokerage Brown & Brown (NYSE:BRO) reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher commissions and fees alongside better investment returns.
23.01 / 01:01
COST
UPS
Manufacturing
show
2020
Australia Dec business conditions ease, price pressures cool
SYDNEY (Reuters) — Australian business conditions continued to soften in December as manufacturing and construction lost ground, a survey showed on Tuesday, while price pressures eased markedly in a promising sign for slower inflation.
23.01 / 01:01
23.01 / 01:01
23.01 / 00:47
markets
UPS
FIVE
Analysis
economy
Trade
President
Wall Street's 'foolish' 2024 trade is betting on early Fed rate cuts
investors unleashing dovish monetary wagers across the board: Two-thirds of Bloomberg Markets Live Pulse respondents said that betting on early monetary easing is the «most foolish» among popular trades heading into 2024.
23.01 / 00:47
markets
UPS
Target
Align
Sustainability
trends
Nifty on a strong base, to maintain bullish trend: Analysts
Nifty has established a strong base around 21,450 levels, and a sustained position above this level is likely to favour the bullish trends, according to analysts. Stocks, including Infosys, Persistent Systems, Torrent Pharma, Medanta, APL, NMDC, and Hindustan Petroleum have formation of long patterns on the charts.
23.01 / 00:47
markets
UPS
IPO
Digital
Aware
Food
Schools
Prosus may have promoter tag in Swiggy’s $1 billion IPO
The Dutch-listed investment arm of South African conglomerate Naspers has been trying to bring its holding in Swiggy to below 26% from the current 33%, but its talks with potential investors haven’t been successful. Under Indian rules, a shareholder with a stake of 26% or more is termed a promoter, which puts restrictions on the shares it could sell after the IPO.
23.01 / 00:47
markets
UPS
JPMorgan
Strategy
Matthews
recommendations
Morgan Stanley and JPMorgan say buy the dip after treasury rout
Wall Street firms are recommending investors start buying five-year US notes after they saw their worst rout since May last week.
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