Stock market

Cryptocurrency whales influence market trends with substantial transactions
September 25, 2023 03:36 PM AEST| By InvestingIn a series of significant transactions that have shaped the cryptocurrency market this week, anonymous wallet addresses have made substantial moves involving $CRV tokens. On Monday, an anonymous cryp

TSMC's 2nm chip production possibly delayed until 2026 amid semiconductor demand slowdown
September 25, 2023 03:34 PM AEST| By InvestingTaiwan Semiconductor Manufacturing Company (TSMC), the world's largest foundry, may have to postpone its planned production of 2nm chips from 2025 to 2026, according to a report published on Monday in

Satin Creditcare receives first tranche of Assam relief scheme, shares fluctuate
September 25, 2023 03:32 PM AEST| By InvestingOn Monday, Satin Creditcare Network Limited (SCNL), a prominent microfinance institution in India, announced the receipt of its first tranche under category III of the Assam Micro Finance Incentive an

Kering's Gucci sees stock rise after creative director's successful debut
September 25, 2023 03:10 PM AEST| By InvestingLuxury conglomerate Kering (EPA:PRTP)'s flagship fashion label, Gucci, entered a transformative phase under the new creative director, Sabato de Sarno. His minimalist debut collection, presented last

Heiwado shares surge following revised earnings estimates and strong H1 results
September 25, 2023 02:52 PM AEST| By InvestingShares of the Japanese supermarket operator, Heiwado, experienced a significant surge on Monday following the company's upward revision of its earnings estimates for the fiscal year. The firm attribut

India's household debt payments threaten economic growth
September 25, 2023 02:38 PM AEST| By InvestingIndia's rapid economic growth, the fastest among major economies, is under threat as increasing household debt payments diminish consumer spending power. This trend, highlighted by recent data from th

Bajaj Finance plans capital raise, stock targets revised by brokerages
September 25, 2023 02:28 PM AEST| By InvestingOn Monday, Bajaj Finance's shares experienced a surge after the non-banking financial company (NBFC) announced that its board will convene on October 5 to discuss raising funds through various methods

India's potential early inclusion in Bloomberg Barclays index draws U.S. investor interest
September 25, 2023 02:26 PM AEST| By InvestingProminent U.S. investment firms are pushing for an expedited review by Bloomberg Barclays (LON:BARC) Emerging Markets bond index managers to discuss India's potential inclusion. This development, repo

Nigeria's external debt surges due to weak naira and forex policy changes
September 25, 2023 02:24 PM AEST| By InvestingNigeria's external debt has surged by N13.38 tn ($17.38 billion) in the second quarter of 2023 due to a significant devaluation of the naira and changes in foreign exchange policies, according to data

India's trillion-dollar bond market braces for foreign capital boost
September 25, 2023 02:14 PM AEST| By InvestingIndia's sovereign bond market, valued at a trillion dollars, is set to witness a significant inflow of foreign capital. This development comes in the wake of JPMorgan Chase&Co. (NYSE:JPM)'s decision t

Daiichi Sankyo shares surge following promising breast cancer drug trial results
September 25, 2023 02:10 PM AEST| By InvestingIn a noteworthy event on Monday, Daiichi Sankyo Co., the Japanese pharmaceutical behemoth, observed its stock experience the largest surge in a year. This substantial increase was driven by the encour

Chinese real estate sector reels as Evergrande and Aoyuan shares plummet
September 25, 2023 02:08 PM AEST| By InvestingThe Chinese real estate market experienced a significant downturn on Monday, following the distressing news from China Evergrande (HK:3333) Group, one of the country's leading property developers. The

Asian markets grapple with Fed's decision to sustain high interest rates
September 25, 2023 02:06 PM AEST| By InvestingMonday saw Asian markets demonstrating relative stability as traders assessed the Federal Reserve's decision to maintain high interest rates. The Japanese market made a comeback, with stocks opening h

Star Entertainment reassesses financial strategy amidst gambling sector scrutiny
September 25, 2023 01:22 PM AEST| By InvestingStar Entertainment Group Ltd., a leading Australian casino operator, has initiated a trading halt for its shares until Wednesday, following regulatory scrutiny impacting the nationwide gambling sector

Federal Reserve maintains key interest rate, investors grapple with market volatility
September 25, 2023 01:22 PM AEST| By InvestingOn Monday, the Federal Reserve decided to leave its key interest rate unchanged for the second time in the past three meetings. This decision signals a moderation in its fight against inflation as pri

Asian stocks dip, China slides on property market jitters
September 25, 2023 12:36 PM AEST| By InvestingInvesting.com-- Most Asian stocks retreated on Monday as markets digested the outlook for higher interest rates in developed markets, while Chinese shares led losses amid persistent concerns over a pr

UK competition authority provisionally approves Microsoft's acquisition of Activision Blizzard
September 25, 2023 11:40 AM AEST| By InvestingThe United Kingdom's Competition and Markets Authority (CMA) provided provisional approval on Monday for Microsoft (NASDAQ:MSFT)'s restructured acquisition of game developer Activision Blizzard (NASDA

South Korean stocks open lower amid concerns over Fed's aggressive monetary policy
September 25, 2023 10:58 AM AEST| By InvestingSouth Korean shares opened lower on Monday due to concerns regarding the Federal Reserve's aggressive monetary tightening for a longer-than-expected period. The benchmark Korea Composite Stock Price I

Thailand's baht forecasted to strengthen, spurring economic growth
September 25, 2023 10:54 AM AEST| By InvestingEconomic strategists anticipate a potential resurgence of Thailand's national currency, the baht, driven by recent growth initiatives announced by Prime Minister Srettha Thavisin. According to predict

Inflation slowdown provides relief to central banks in US and Eurozone
September 25, 2023 10:44 AM AEST| By InvestingCentral banks in the United States and the Eurozone are expected to find some respite this week as key indicators point towards a deceleration in consumer-price growth, as reported on Sunday. The Fede

Advertise your brand on Kalkine Media