Stock market

Microsoft sets deadline for non-Microsoft apps to switch from EWS to Graph
September 20, 2023 06:30 PM AEST| By InvestingMicrosoft (NASDAQ:MSFT) has announced that it will block Exchange Web Services (EWS) requests from non-Microsoft applications to Exchange Online starting October 1, 2026. The tech giant made the annou

Karnataka Bank shares hit record high following 'Buy' recommendation
September 20, 2023 06:30 PM AEST| By InvestingShares of Karnataka Bank reached a new record high on Wednesday, surging 7.48% to Rs 257.80 on the BSE. This surge follows a 5.17% increase on Monday after domestic brokerage firm ICICIdirect issued a

IIFL Finance diversifies portfolio, HSBC initiates coverage with 'Buy' rating
September 20, 2023 06:28 PM AEST| By InvestingIIFL Finance, a non-banking financial company, has broadened its portfolio to feature a variety of loans including gold-backed, unsecured personal, affordable housing, property, and microfinance. The

Qualcomm announces 10G Fiber Gateway Platform, aiming to redefine home connectivity
September 20, 2023 06:26 PM AEST| By InvestingOn Wednesday, Qualcomm (NASDAQ:QCOM) Technologies announced its new '10G Fiber Gateway Platform' and a cloud-based 'Service Defined' Wi-Fi solution, which aim to revolutionize home and business connec

Interactive Brokers Australia fined $538,000 for negligence in suspicious trading case
September 20, 2023 06:24 PM AEST| By InvestingInteractive Brokers (NASDAQ:IBKR) Australia Pty Ltd, the local unit of Interactive Brokers, was penalized AU$832,500 (approximately $538,000) by the Australian Securities&Investments Commission (ASIC)

Bangladesh Bank takes action against ten financial institutions over inflated dollar sales
September 20, 2023 06:22 PM AEST| By InvestingThe Bangladesh Bank is taking disciplinary measures against ten financial institutions for reportedly selling US dollars at inflated prices. The central bank sent letters to these banks on Tuesday, se

Oracle and Uber launch 'Collect and Receive' to enhance last-mile delivery
September 20, 2023 06:22 PM AEST| By InvestingOracle (NYSE:ORCL) and Uber (NYSE:UBER) have recently announced a new solution, "Collect and Receive," aimed at enhancing the last-mile delivery experience for retailers. The service is supported by t

UK homeowners brace for financial strain as half a million fixed-rate mortgages set to expire
September 20, 2023 06:22 PM AEST| By InvestingUK homeowners are facing a potential financial crisis as over 500,000 fixed-rate mortgages are set to expire during the upcoming festive season. This situation is expected to coincide with another pre

China's robust economic growth fuels demand for 8,560 Boeing airplanes by 2042
September 20, 2023 06:22 PM AEST| By InvestingBoeing (NYSE:BA) has raised its forecast for China's need for commercial airplanes over the next two decades, thanks to the country's strong economic growth and recovery in domestic air travel. The U.

India's finance minister advocates for full digitization of regional rural banks
September 20, 2023 06:10 PM AEST| By InvestingIndia's Finance Minister Nirmala Sitharaman called for full automation of regional rural banks and cooperative banks on Tuesday, directing the Department of Financial Services to study the gap between

Sai Silks initiates IPO process, plans to list shares on October 4
September 20, 2023 06:10 PM AEST| By InvestingHyderabad-based ethnic retailer, Sai Silks (Kalamandir), has initiated its initial public offering (IPO) process on Wednesday. The subscription period will last until September 22. Known as one of the

Ex-Deutsche Bank banker faces 30 years for cryptocurrency fraud
September 20, 2023 06:06 PM AEST| By InvestingRashawn Russell, a former investment banker at Deutsche Bank (ETR:DBKGn), could face a prison sentence of up to 30 years for misappropriating investor funds, according to a statement from the U.S. Dep

Signature Global launches Rs 730 crore IPO for debt reduction and expansion
September 20, 2023 06:00 PM AEST| By InvestingReal estate firm Signature Global has officially launched its initial public offering (IPO) today, Wednesday, aiming to raise Rs 730 crore (approx. $87.7 million). The IPO, set to close on Friday, has

RR Kabel makes strong debut on Indian exchanges, first to list under new T+2 regulations
September 20, 2023 06:00 PM AEST| By InvestingShares of RR Kabel debuted on the Indian bourses on Wednesday, listing at a 14% premium over the initial public offering (IPO) price. The shares started trading at Rs 1,180 per share on the National S

Boeing increases 20-year forecast for China's demand for new planes
September 20, 2023 05:54 PM AEST| By InvestingBoeing (NYSE:BA) has revised its annual 20-year forecast for new plane deliveries to China, citing the country's robust economic growth and increasing demand for domestic travel. The US planemaker now

HDFC Bank shares face sharp decline following merger with HDFC Ltd
September 20, 2023 05:54 PM AEST| By InvestingShares of HDFC Bank experienced a significant drop of over 3% on Wednesday, reaching a day's low at Rs 1,575 ($1 = Rs 83.05) per share. This decline came after the bank announced its completed merger

European stocks higher; U.K. inflation slows ahead of Fed decision
September 20, 2023 05:48 PM AEST| By InvestingIn corporate news, data released Wednesday showed EU car sales grew 21% in August, the thirteenth consecutive month of sales growth as the auto industry recovers from pandemic-related supply chain iss

RBI extends tenure of HDFC Bank's CEO Sashidhar Jagdishan to 2026
September 20, 2023 05:44 PM AEST| By InvestingThe Reserve Bank of India (RBI) has approved the extension of Sashidhar Jagdishan's term as Managing Director and Chief Executive Officer (CEO) of HDFC Bank, the country's largest private sector lende

Arm Holdings concludes IPO, begins trading on Nasdaq
September 20, 2023 05:38 PM AEST| By InvestingArm Holdings (NASDAQ:ARM) successfully closed its initial public offering (IPO) on Wednesday, marking a significant milestone for the technology company. The IPO consisted of 102.5 million American de

Japan shares lower at close of trade; Nikkei 225 down 0.73%
September 20, 2023 05:35 PM AEST| By InvestingInvesting.com – Japan equities were lower at the close on Monday, as losses in the Precision Instruments, Communication and Electrical/Machinery sectors propelled shares lower.

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