Nippon India Mutual Fund, DSP Mutual Fund, and SAMCO Mutual Fund are set to launch new fund offerings this June, aiming to attract investors seeking diversified, tax-efficient investment options. The new funds present a blend of equity and fixed income strategies, as well as sector-specific index funds, tapping into resilient market segments such as IT and healthcare.
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While underlying consumer inflation will stagnate temporarily, there is no change to the BOJ’s view that it will gradually rise towards its 2% target, Ueda adds
Published Tue, Jun 3, 2025 · 05:30 PM
[TOKYO] Bank of Japan governor Kazuo Ueda said on Tuesday (Jun 3) the country’s economy can withstand the hit from US tariffs and sustain a cycle of rising inflation accompanied by wage growth,
» Read more about: Bank of Japan’s Ueda says economy can withstand hit from US tariffs »
By MICHELLE CHAPMAN, Associated Press Business Writer
Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores and off-price retailers amid economic uncertainty.
The U.S.
When investors think of AI stocks, Upstart (UPST 1.59%) may not be the first that comes to mind. However, the company has a strong claim to the title. It’s harnessed the power of machine learning and data science for a new credit platform that has been more accurate at assessing creditworthiness than conventional FICO scores,
Investors were feeling a little more on edge on Tuesday amid fears that the world’s two largest economies won’t be able to broker a longer-term deal to scale back tariffs.
The Cboe Volatility Index, a widely-followed fear gauge that tracks S&P 500 options contracts and trades under the ticker VIX,
Pharmaceutical company, Zydus Lifesciences Ltd, on Tuesday (June 3) said its wholly owned subsidiary Zynext Ventures USA LLC has signed a Securities Purchase Agreement with Agenus Inc., USA to acquire 2,133,333 shares of common stock for $16 million.
The purchase represents a 5.9% stake in the US-based clinical-stage immuno-oncology company on a fully diluted basis.
» Read more about: Zydus Lifesciences to invest $16 million in US-based Agenus for 5.9% stake »
President Trump has a number of options at his disposal to implement tariffs, but none are as broad and aggressive as IEEPA.
US stock futures slipped on Tuesday as an OECD warning of economic damage from President Trump’s tariffs has put investors on watch for progress in US trade talks.
Futures on the S&P 500 (ES=F) and the Dow Jones Industrial Average (YM=F) both fell about 0.2%.
IF YOU are wondering why the S&P 500 index has held up so well in the past two months, look no further than the technology and communications sectors, which collectively account for nearly half of the index by weighting.
For all the wild and headline-grabbing swings in trade policy since early April, analysts have continued to project more than 14 per cent earnings growth in those combined sectors this year – an outlook that really has not budged.
» Read more about: Why the S&P 500 is cruising through policy upheaval »