Domestic markets are expected to open on a weak note on Friday, amid weak global cues. As US stocks again succumbed to inflation and rate-hike fears on Thursday, equities across Asia-Pacific region opened on negative note, albeit marginally. According to George Thomas, Fund Manager, Quantum AMC, the declining trend in global markets continued amidst fears … Read more
US inflation remains “stubbornly and unacceptably high,” requiring continued interest rate increases to be sure it begins falling, Fed governor Lisa Cook said in her first public remarks on monetary policy since joining the central bank’s Washington-based board. “Inflation remains stubbornly and unacceptably high, and data over the past few months show that inflationary pressures … Read more
BIRMINGHAM, England — So in the end, Liz Truss was for turning. But the damage to her faltering administration may already have been done. On Monday, Truss’ Chancellor Kwasi Kwarteng bowed to pressure from Conservative Party colleagues and dumped his flagship cut to the top rate of tax from 45p to 40p — a central … Read more
A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with the bank’s major investors to reassure them amid rising concerns over the Swiss lender’s financial health, the Financial Times reported, citing people involved in the discussions. One executive … Read more
Press play to listen to this article European far-right politicians just stormed to victory in Italy, after achieving historic results in France and Sweden. “Everywhere in Europe, people aspire to take their destiny back into their own hands!” said Marine Le Pen, the leader of France’s far-right National Rally Party. But if you think there … Read more
The early arrivals of kharif crops in mandis are up in most of the commodities except non-basmati, thanks to a well distributed rainfall and timely departure of the monsoon after covering the entire country before normal schedule. As inflation is a concern at many quarters, the arrivals of kharif crops will be closely watched by … Read more
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zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit zeenews.india.com websites that posts a link to this … Read more
Stocks close on worst September since 2008 Markets see worst September for stocks since 2008 03:30 Wall Street is at its worst levels in almost two years Friday as the end nears for what’s been a miserable month for markets around the world. The S&P 500 closed down 1.5%, at 3,585, after flipping between small … Read more
While the outlooks for stocks and the economy are bleak, Jim Cramer says it's not 2000 or 2008.