Asian shares extended early gains on Thursday as upbeat Wall Street earnings buoyed global investor sentiment, although trade war jitters pushed China's yuan to fresh one-year lows in both the onshore and offshore markets. The dollar retreated from a three-week high as investors cashed in on gains
Amazon’s stock has surged more than 57 percent in 2018, bringing its increase to over 123,000 percent.
The SGX Nifty, an early indicator of Nifty 50’s performance, traded 0.3 percent higher at 11,012.50 as of 8:30 a.m
The Asian Development Bank said developing Asia is on track to meet growth expectations for this year and 2019, but warned that rising U.S. protectionist trade measures and countermeasures from China and others pose "a clear downside risk". The Manila-based institution, which released an update
Curiously, while SEBI lays down duties as well as the punishment for auditors and others, it does not give them specific powers.
Oil prices on Wednesday extended gains from the previous session, buoyed after official data showed that U.S. inventories of gasoline, diesel and heating oil unexpectedly fell last week. Brent crude futures (LCOc1) had risen 8 cents, or 0.1 percent, to $72.98 by 0043 GMT. West Texas Intermediate (WTI
Japan's exports to the United States fell in June for the first time in 17 months amid worries about U.S. President Donald Trump's protectionist trade policies. Exports to the United States fell 0.9 percent in June from the same period a year ago due to a decline in shipments of cars and semiconductor
The European Central Bank will raise rates in the second half of next year, according to a Reuters poll of economists, who were confident that will be before the next economic downturn. Euro zone growth outpaced that of its major peers last year for the first time since the 2007-08 financial crisis.
The U.S. Federal Communications Commission said late on Wednesday it had voted unanimously to refer Sinclair Broadcast Group Inc's (SBGI.O) $3.9 billion acquisition of Tribune Media Co (TRCO.N) to an administrative law judge, a blow to the firms' chances of winning approval. The decision came
Giving a message that there is no age to study, a Mumbai based taxi driver completed his graduation along with his son. Modammad Farook Shaikh seemed on the top of the world as he graduated in the same year as that of his son. Owing to his deteriorating financial condition, Shaikh took up the job of
Under Chief Executive Officer Ginni Rometty, IBM has been focusing on an array of new technologies ranging from artificial intelligence to cloud computing as it tries to offset weakness in its legacy business of selling hardware and software. The newer businesses, which are spread across its various
The U.S. Justice Department has proposed an expedited schedule for an appeal of a judge's ruling that allowed AT&T Inc (T.N) to buy movie and TV show maker Time Warner, according to a court filing on Wednesday. AT&T, which owns pay-TV company DirecTV, said it did not oppose the expedited schedule
The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season. Upbeat earnings from railroad CSX Corp (CSX.O) and airline
Stocks on major world markets climbed to a one-month high on Wednesday after a raft of strong corporate earnings, while the U.S. dollar hit a three-week high against major currencies. MSCI's gauge of stocks ...