Following the broadly positive cues from Wall Street overnight, Asian stock markets are trading mixed on Friday, as traders react to a raft of economic data from Japan, including GDP data. They also seemed reluctant to make significant moves ahead of the release of the closely watched monthly US jobs report on Friday. Asian markets ended mostly lower on Thursday. […]

The following are some of the stocks making big moves in Thursday’s pre-market trading (as of 08.15 A.M. ET). In the Green XBP Europe Holdings, Inc. (XBP) is up over 133% at $13.25.Hanryu Holdings, Inc. (HRYU) is up over 31% at $1.43.Ekso Bionics Holdings, Inc. (EKSO) is up over 15% at $1.34.Evotec SE (EVO) is up over 13% at $11.24.Codexis, […]

After a positive start, stocks gave up their gains and moved along the flat line till around mid afternoon on Wednesday before drifting lower to end the day’s session on a weak note. The major averages all ended modestly lower. The Dow, which advanced to 36,292.58 in early trades, settled at 36,054.43, losing 70.13 points or 0.19 percent. The S&P […]

The latest COP28 draft outcome text released to negotiators on the penultimate day of the UN Climate Change Conference dropped a call to ‘phaseout’ fossil fuels, prompting outcry from climate vulnerable countries and civil society. The 21-page text, prepared by the COP28 presidency, United Arab Emirates, makes no mention of fossil fuel ‘phasedown’ or ‘phaseout’, which UN Secretary-General António Guterres […]

The growth in India’s domestic aviation capacity in calendar year 2023 (CY23) was the sixth highest among 20 major domestic markets, compared to the pre-pandemic year of CY19. The domestic capacity in the country surpassed the pre-pandemic level seen in CY19 and was up 5 per cent in CY23. It trails Mexico, Columbia, China, Vietnam, and Spain, which have shown […]

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data from the Association of Mutual Funds in India. Like most […]

Bharat Heavy Electricals Ltd (BHEL) is India’s largest engineering and manufacturing enterprise, operating across energy, industry, and infrastructure sectors. The investment path for the stock is based on a large order backlog, continued strong order inflows, and rising power demand, which should push demand for BHEL’s equipment and services. BHEL has historically held over 70 per cent market share in […]

Indian conglomerate Tata Group is planning to construct a new assembly plant for Apple Inc.’s iPhones in India, Blommberg reported. The move is said to be inline with the tech major’s strategy to expand its manufacturing activities beyond China, to India, which is one of its largest emerging market. The new plant, deemed to be one of India’s largest iPhone […]

UK house prices declined at the slowest pace in nine months in November as expectations of interest rate cuts in future eased affordability pressures, the mortgage lender Nationwide Building Society said Friday. House prices registered an annual decline of 2.0 percent after easing 3.3 percent in October. Prices marked the slowest fall since February 2023. They were forecast to drop […]

Pending home sales in the U.S. slumped to their lowest level in over twenty years in the month of October, the National Association of Realtors revealed in a report released on Thursday. NAR said its pending home sales index tumbled by 1.5 percent to 71.4 in October after jumping by 1.0 percent to a revised 72.5 in September. Economists had […]