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Europe sucked into sell-off, sterling suffers Brexit blues
Tue, Dec 05, 2017
US futures were pointing to another Nasdaq drop later too amid worries that Donald Trump`s long-promised tax cuts -- which took a big step forward on Monday -- could strip tech firms of some of their R&D tax breaks.
Global Markets: Dollar gains on U.S. tax cut progress; Asian shares listless
Mon, Dec 04, 2017
The U.S. dollar bounced to a two-week top on Monday and S&P futures rallied as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in the world`s largest economy.
IIT placement season begins; highest offer made by Microsoft of Rs 1.4 crore
Sat, Dec 02, 2017
IITs placement is an activity which takes place on yearly basis. Major companies across nations participate in this season, providing handsome job offers to Indian students.
Global markets: Dollar's decline, China optimism boost Asia stocks, commodities
Wed, Jul 19, 2017
"Globally, financial conditions tend to improve when the dollar is weak and vice versa," they added. "The falling dollar – still the globe`s major reserve and funding currency – tends to see risk appetite flourishing."
Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat
Fri, May 26, 2017
The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018.While OPEC`s move had been expected, some oil market investors had hoped producers would agree to longer or deeper cuts to drain a global glut of oil.
S&P 500 hits record high after upbeat retail results
Fri, May 26, 2017
The discretionary index gained 0.9%, while the S&P 500 retail indexwas up 1.6%, its best day since Dec. 7.
Asia stocks mixed, but Trump's troubles weigh
Fri, May 19, 2017
Japan`s Nikkei was almost 0.1 percent higher, headed for a decline of 1.6 percent for the week.
Asian stocks retreat, dollar holds gains on hawkish Fed statement
Thu, May 04, 2017
The dollar gained 0.1% to 112.83 yen , its highest since March 20, after surging 0.6% on Wednesday to close at the session high.
Snapchat CEO's alleged comments makes the company poorer by Rs 1,923 crore
Tue, Apr 18, 2017
Although share price of Snapchat recovered a bit but ended the day lower by 1.24%
Global stocks, dollar recover as markets try to move past Trump's policy stumble
Tue, Mar 28, 2017
MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.3% in early trade.
Ghosts of past tech IPOs could haunt Snap's performance
Sat, Feb 25, 2017
Globally, shares of most of the 25 largest technology IPOs have languished in their first 12 months on the public market, with 16 of them notching a hefty decline from their debut day closing price, according to a Reuters analysis of market performance. Eight of the 10 biggest fell by between 25 percent and 71 percent.
Global stocks, dollar subdued with investors cautious on US election outcome
Tue, Nov 08, 2016
Trade was largely driven by cautious expectations of a win for Democrat Hillary Clinton, but some sharp swings in recent days across all asset classes meant big bets were relatively thin on the ground as Americans started voting.
Asia stocks, dollar edge up on China inflation data relief
Fri, Oct 14, 2016
Asian stocks and the dollar bounced on Friday, erasing some losses from the previous day, as stronger-than-expected Chinese inflation data eased some concerns about the health of world's second-biggest economy.
Chinese shares open higher, Shanghai index up 0.52%
Mon, Oct 10, 2016
Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up 0.52 %, at 3,020.46 points. The smaller Shenzhen Component Index opened 0.42 % higher at 10,612.21 points, Xinhua news agency reported.
Facebook launches Marketplace for local buying and selling
Mon, Oct 03, 2016
More than 450 million people already visit Facebook groups that have items to buy and sell each month, the company said.
Asian shares start Q4 with gains, sterling stumbles
Mon, Oct 03, 2016
Asian shares got the new quarter off to a firm start on Monday, while sterling tumbled as Britain set a March deadline to start divorce proceedings from the European Union (EU).
Cognizant Technology shares trade at 23-month low, on US investigation
Fri, Sep 30, 2016
Cognizant said, “The company is conducting an internal investigation into whether certain payments relating to facilities in India were made improperly and in possible violation of the US Foreign Corrupt Practices Act and other applicable laws,” said a statement issued to the US stock exchange.”
Asian stocks hold near 14-month peak on US Fed relief
Fri, Sep 23, 2016
The German Bunds yield also fell about 10 basis points to minus 0.093% from plus 0.005% on Wednesday.
Nasdaq hits record high after US Federal Reserve keeps rates unchanged
Thu, Sep 22, 2016
The Nasdaq hit a record intraday high on Thursday amid broad gains in US stocks, a day after the Federal Reserve stood pat on interest rates.
Wall Street opens little changed
Tue, Aug 30, 2016
U.S. stocks opened little changed on Tuesday as investors looked for catalysts to drive the markets while keeping one eye on clues for the possible timing of the next interest rate hike.