2024-10-23 | Current Affairs
Goldman Sachs Group Inc. has downgraded Indian equities to neutral from overweight, citing a slowdown in economic growth that is expected to affect corporate earnings.
2024-10-10 | Current Affairs
Global stocks advanced on Wednesday, accompanied by a rise in U.S. Treasury yields, after the release of the Federal Reserve’s September meeting minutes indicated more rate cuts could be on the horizon.
2024-10-08 | Current Affairs
Chinese stocks surged to two-year highs on Tuesday as trading resumed following a week-long holiday, driven by investor optimism over new stimulus measures aimed at supporting the economy.
2024-08-27 | Current Affairs
The S&P 500 closed lower on Monday, weighed down by a drop in AI giant Nvidia ahead of its highly anticipated quarterly report this week. Investors are also awaiting key inflation data for more clues on the Federal Reserve’s interest rate cut plans.
2024-08-09 | Current Affairs
A sharp slowdown in the U.S. job market, which has triggered days of global stock market turmoil, has also led to speculation that the Federal Reserve might not wait until its next scheduled meeting in September to cut interest rates.
2024-08-08 | Current Affairs
U.S. stocks closed lower on Wednesday, with the Nasdaq falling 1% due to a decline in technology shares and weak demand in a 10-year Treasury auction, which unsettled investors in a volatile trading session.
2024-07-24 | Current Affairs
Tuesday’s stock market session appeared calm on the surface, but underlying movements revealed significant volatility as key earnings reports came to the surface.
2024-07-16 | Current Affairs
Berkshire Hathaway’s stock reached a new peak on Monday, signaling robust investor confidence in Warren Buffett’s stewardship.
2024-07-15 | Current Affairs
Taiwan Semiconductor Manufacturing Co (TSMC), a leader in producing advanced chips for artificial intelligence applications, is poised to announce a 30% increase in second-quarter profits this Thursday, driven by a robust demand for AI chips.
2024-07-11 | Current Affairs
Britain’s Financial Conduct Authority (FCA) has implemented significant new regulations to modernize how companies list on the London Stock Exchange, marking the most substantial overhaul in the past thirty years. This move aims to enhance London’s appeal as a global financial hub, particularly in its competition with New York and the European Union post-Brexit.
