Asian Markets Trading Mixed

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. […]

Read more

Pre-market Movers: XBP, ASYS, HRYU, JTAIZ, CPTNā€¦

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, […]

Read more

U.S. Stocks Fail To Hold Early Gains, Close On Weak Note

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 […]

Read more

COP28 Draft Outcome Text Drops Call To 'phaseout' Fossil Fuels

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 AntĆ³nio Guterres […]

Read more

Distributors flock to MFs as returns, flows improve

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 […]

Read more

Improving working capital, project execution key to rally in BHEL’s stock

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 […]

Read more

Tata Plans New IPhone Assembly Plant In India

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 […]

Read more

UK House Prices Drop At Slowest Pace In 9 Months

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 […]

Read more
1 2 3 4 24