MANILA, Philippines (AP) — Asian shares mostly fell on Friday, after a respite from Wall Street’s recent feverish rally. The price of gold also pulled back from record highs following recent torrid runs.
The future for the S&P 500 and the Dow Jones Industrial Average were both up less than 0.1%.
Sir Keir Starmer has praised the UK-India trade deal as a “launchpad” for closer ties after meeting Prime Minister Narendra Modi in Mumbai.
The two leaders met to discuss ways to expand business and trade links after they signed a landmark trade deal in July.
Sir Keir’s two-day visit to India’s financial capital involved the UK’s largest-ever trade delegation of more than 100 CEOs,
» Read more about: Starmer hails India trade deal as 'launchpad' after meeting Modi »
Lately, billionaire Philippe Laffont has been making bold moves. During the second quarter, Laffont sold part of his Amazon stake, trimming it by about 5% and turned his attention to a name most retail investors barely know, CoreWeave, a company that sits at the center of the AI infrastructure explosion.
Laffont slightly reduced Amazon after strong gains,
» Read more about: Billionaire Doubles Down on This AI Powerhouse »
Domestic equity benchmarks, the Sensex and Nifty, opened higher on Friday as buying in heavyweight stocks such as Power Grid, Trent, and Adani Ports lifted sentiment, offsetting weakness in Tata Steel and TCS counters.
At 9:24 am, the BSE Sensex climbed 195.06 points, or 0.24 per cent, to 82,367.16, after rising nearly 214 points in early trade.
The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade
[LONDON] The US sanctioned more than 50 individuals, firms and vessels involved in exporting Iranian oil and liquefied petroleum gas, including a key crude-import terminal.
The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade.
» Read more about: US hits firms moving Iranian oil and major China crude terminal »
Domestic brokerage JM Financial has reaffirmed its ‘Buy’ rating on Tata Consultancy Services (TCS), citing a robust second-quarter performance and the IT major’s decisive strategic pivot towards artificial intelligence (AI).
The brokerage has raised its 12-month price target for TCS to Rs 3,520 from Rs 3,410, implying a potential upside of about 15 per cent from the current market price of Rs 3044.70.
» Read more about: JM Financial bullish on TCS post Q2 results, sees 15% upside; here’s why »
MILAN :A return of fund inflows into renewable energy stocks is helping to breath new life into these companies’ shares, powering their strongest quarterly rise since the sustainability boom early this decade.
After two years of bearish sentiment and relentless redemptions that made the sector a short-sellers’ hotspot, a fundamental shift in the U.S.
» Read more about: 'Every electron counts': Why renewables stocks are back in play »
While Japan’s inflation keeps the BoJ in focus, political tensions in Washington are simultaneously influencing global market sentiment.
The US Senate fell short of the required 60 votes to pass the stopgap funding bill for a seventh time on Thursday, October 9.
» Read more about: Dow Jones & Nasdaq 100 Futures Advance on BoJ Focus Ahead of Rare US Data »
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