by Vasu Jit Kalia | August 5, 2024 | Markets, Stocks & Bonds
A disappointing job scenario in the US coupled with the fear of a reverse Yen carry trade, following an interest rate hike in Japan, led Asian markets to crash on Monday. However, the Indian benchmark indices showed resilience compared to its peers, down around 2.5...
by Jennifer George | August 5, 2024 | Markets, News, Stocks & Bonds, Trending Now
The looming presence of a global recession inches closer as Japan’s Nikkei sinks by 13% on Monday. Japan’s entry into the red zone alludes to a brewing recessionary undercurrent in the US, causing the Nasdaq and S&P futures to plummet by 5.5% and 3%,...
by Vasu Jit Kalia | July 31, 2024 | Markets, Stocks & Bonds
Ahmedabad, July 31 (IANS) Cement and building materials major Ambuja Cements on Wednesday reported sustainable quarterly results for the April-June quarter, with operating EBITDA at Rs 1,280 crore and PAT at Rs 790 crore. The operating cost was improved by 3 per cent...
by Vasu Jit Kalia | July 31, 2024 | Markets, Stocks & Bonds
Mumbai, July 31 (IANS) Indian equity indices opened in the green on Wednesday following positive cues from Asian peers. At 9.41 a.m., Sensex was up 82 points or 0.10 per cent, at 81,542 and Nifty was up 30 points or 0.12 per cent, at 24,887. The market trend remained...
by Vasu Jit Kalia | July 29, 2024 | Stocks & Bonds
Shares of Mitsubishi Motors (7211.T) showed an upward swing on Monday following media reports that the Japanese automaker is in talks with Nissan (7201.T) and Honda (7267.T) for planned strategic partnership. Nissan and Honda said in March they were looking at...
by Jennifer George | July 18, 2024 | Industry, News, Stocks & Bonds, Technology, Trending Now
As global demand for AI chips skyrockets in 2024, TSMC has emerged victorious. Earlier this month, Taiwan Semiconductor Manufacturing Company exceeded revenue and profit projections in Q2, raising $247.85 billion in net income and $20.82 billion in revenue. The surge...
