Latest Updates Around The World
The Indian rupee finished modestly weaker on Wednesday as companies hedged their exposure to the dollar and traders assessed a stronger outlook for the Asian currency, a day after a trade deal with the US sparked the sharpest rally in more than seven years.The rupee fell at 90.4350 per dollar, down 0.2% from the close […]
European shares recovered their balance on Wednesday after a modest dip a day earlier, after a strong rise in the prices of energy companies RWE and SSE pushed the utility index higher.The companies were among property developers to win guaranteed electricity price contracts in Britain’s latest offshore wind auction, which secured a record amount of […]
The dollar gained against the euro and was roughly flat against the yen on Friday as stocks recovered from a sharp sell-off and traders weighed whether the Federal Reserve is likely to cut interest rates in December. A flood of data that was postponed during the federal government shutdown awaits publication starting next week. Risk […]
The S&P 500 finished higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, as investors continued to focus on the recent increase in trade tensions between China and the US. Shares of Morgan Stanley rose 4.7% to a record high, while Bank of America rose 4.4% after major lenders […]
After being 22% risen in the past month, Eicher Motors, the maker of Royal Enfield, was able to collect himself further, said Bank of America Securities. While retaining his purchase call on the shares, the broker has increased the target price to RS 7,500 (from RS 6,300), which implies an upward potential of almost 10%. […]
Wedwind for the third largest economy of Asia rise as trade tensions with the US Escalate. Indian companies are against large investment decisions awaiting clarity about domestic demand and worldwide trade views, according to a senior executive at Bank of America Corp. Companies focus on paying on debts, choosing refinancing instead of expanding the capacity, […]
In the second quarter, Berkshire Hathaway from Warren Buffett announced a surprise of $ 1.6 billion gambling on the troubled health insurer UnitedHealth Group, while he went back his Apple and Bank of America Holdings and completely left his T-Mobile US position, turned out to be a regulatory file on Thursday. The conglomerate established in […]
