Asian shares track Wall Street’s rally after Powell hints at rate cuts
BANGKOK (AP) — Asian shares advanced on Monday, tracking Wall Street’s rally after the head of the Federal Reserve hinted that cuts to interest rates may be on the way.
Fed chair Jerome Powell said Friday in a speech to an annual conference in Jackson Hole, Wyoming, that he’s seen risks for the job market.
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Read MoreWall Street Isn't Expecting a Big Pop for Nvidia Stock on Aug. 27. Here's Why Analysts Could Be Wrong.
3 reasons why tech stocks are rallying today? Nifty IT Index jumps 3%; Infosys, TCS, Wipro surge
Stock exchanges urge regulators to crack down on 'tokenised stocks'
By Elizabeth Howcroft
(Reuters) -A group representing the world’s biggest stock exchanges is urging securities regulators to clamp down on so-called tokenised stocks,
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Read MoreBPCL bullish on ATF, surpasses pre-Covid sales in FY25
Expanding aviation infrastructure and rising passenger traffic boosted jet fuel consumption aiding state-run Bharat Petroleum Corporation (BPCL) to not just surpass pre-covid sales in FY25, but also regain its lost market share during the recently-concluded April-June 2025 quarter.
The oil marketing company (OMC) is bullish on the growth in the aviation sector as more aspirational Indians take up air travel,
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Read MoreThe Burst
Forget AI, The Next Massive Trend Is Starting In 3,2,1…
In the early days of e-commerce, few could have imagined just how quickly video-driven, real-time product demonstrations would reshape global retail. But here we are: In China alone, live streaming e-commerce revenue soared from a roughly $64 billion market in 2019 to more than $300 billion by 2021, according to data compiled by Deloitte.
This shift,
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Read MoreThe Ivy
5 Stocks Buffett Is Buying and 2 He’s Dumping
In Q4 of last year, Warren Buffett made a few significant changes to the Berkshire Hathaway portfolio. The investing legend sat on the sidelines through much of 2024, with most of his activity accounted for by selling stocks into a high-priced market and consolidating his company’s assets in cash.
With Buffett and his investing team seemingly jumping back into action late last year,
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Read MoreThe Spotlight
Chipotle’s Sizzling Success Fueling Unstoppable Growth
Chipotle Mexican Grill continues to thrive in the fast-casual dining sector, surpassing expectations despite facing tough year-over-year revenue comparisons.
The burrito chain not only maintained its growth trajectory but accelerated it, translating to a 14.1% increase year over year to $2.7 billion in Q1 2024. The growth is particularly impressive given that it follows a 17.2% increase in the same quarter last year.
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