Latest business news
Wall Street’s main indexes fell on Friday as U.S. President Donald Trump accused China of violating a tariff agreement, ramping up tensions in a trade war that has roiled global markets and businesses. Trump’s post on his Truth Social platform did not specify how China had violated the agreement made in Geneva, Switzerland, and what…
Gold price today: Gold rates declined significantly in the domestic futures market on Friday morning amid a rise in the US dollar and tepid demand from spot markets. MCX Gold August 5 contracts traded 0.66 per cent lower at ₹95,823 per 10 grams around 9:10 AM. (This is a developing story. Please check back for…
May 30 (Reuters) – Australian shares slipped on Friday, dragged by losses in mining and energy stocks as markets digested the reinstatement of U.S. President Donald Trump’s tariffs, a day after a trade court blocked them. The S&P/ASX 200 index fell 0.3% to 8,385, as of 0039 GMT. However, the benchmark is on track for…
Frontline indices the Sensex and the Nifty 50 ended lower on Wednesday, May 289, extending losses to the second consecutive session amid weak global cues. The Sensex closed at 81,312.32, down 239 points, or 0.29 per cent, while the Nifty 50 ended the day at 24,752.45, down 74 points, or 0.30 per cent. The BSE…
(Recasts first paragraph, adds comments, updates with closing prices) TOKYO, May 27 (Reuters) – Japan’s Nikkei share average reversed early declines to end higher on Tuesday, as a weaker yen and falling yields on super long-dated bonds lifted sentiment. The Nikkei rose 0.51% to close at 37,724.11, after falling as much as 0.3% earlier in…
MUMBAI, May 26 (Reuters) – Indian government bond prices rose on Monday, recovering from an early fall caused by a lower-than-expected central bank surplus transfer, as bets of further monetary policy easing boosted demand. The yield on the new benchmark 10-year bond ended at 6.2046%, compared with the previous close of 6.2107%. The 2034 bond…
The benchmark indices fell for the third straight day on profit booking, following a rebound after India and Pakistan agreed to a ceasefire to end the four-day military conflict that stemmed from Operation Sindoor. On Tuesday, the Nifty 50 index fell 1.05% or 261.55 points to 24,683.9, while the Sensex 30 slipped 1.06%, its sharpest…
KOSPI rises, foreigners net buyers Korean won weakens against dollar South Korea benchmark bond yield falls SEOUL, – Round-up of South Korean financial markets: ** South Korean shares rose on Tuesday, tracking overnight gains in Wall Street, but battery makers fell. ** The benchmark KOSPI was up 8.80 points, or 0.34%, at 2,612.22 as of…
Extending losses to the second consecutive session, the Indian stock market benchmarks, the Sensex and the Nifty 50, ended lower on Monday, May 19, tracking weak global cues. The Sensex closed 271 points, or 0.33 per cent, lower at 82,059.42, while the Nifty 50 settled at 24,944.45, down 75 points, or 0.30 per cent. The…
Klarna Group Plc’s co-founder and CEO, Sebastian Siemiatkowski, has admitted the fintech giant’s aggressive use of artificial intelligence in customer service has backfired. “As cost unfortunately seems to have been a too predominant evaluation factor when organizing this, what you end up having is lower quality,” he said at Klarna’s Stockholm headquarters. The company had…