Stock market


 Microsoft sets deadline for non-Microsoft apps to switch from EWS to Graph

Microsoft sets deadline for non-Microsoft apps to switch from EWS to Graph

September 20, 2023 06:30 PM AEST| By Investing

Microsoft (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

Karnataka Bank shares hit record high following 'Buy' recommendation

September 20, 2023 06:30 PM AEST| By Investing

Shares 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

IIFL Finance diversifies portfolio, HSBC initiates coverage with 'Buy' rating

September 20, 2023 06:28 PM AEST| By Investing

IIFL 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

Qualcomm announces 10G Fiber Gateway Platform, aiming to redefine home connectivity

September 20, 2023 06:26 PM AEST| By Investing

On 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

Interactive Brokers Australia fined $538,000 for negligence in suspicious trading case

September 20, 2023 06:24 PM AEST| By Investing

Interactive 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

Bangladesh Bank takes action against ten financial institutions over inflated dollar sales

September 20, 2023 06:22 PM AEST| By Investing

The 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

Oracle and Uber launch 'Collect and Receive' to enhance last-mile delivery

September 20, 2023 06:22 PM AEST| By Investing

Oracle (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

UK homeowners brace for financial strain as half a million fixed-rate mortgages set to expire

September 20, 2023 06:22 PM AEST| By Investing

UK 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

China's robust economic growth fuels demand for 8,560 Boeing airplanes by 2042

September 20, 2023 06:22 PM AEST| By Investing

Boeing (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

India's finance minister advocates for full digitization of regional rural banks

September 20, 2023 06:10 PM AEST| By Investing

India'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

Sai Silks initiates IPO process, plans to list shares on October 4

September 20, 2023 06:10 PM AEST| By Investing

Hyderabad-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

Ex-Deutsche Bank banker faces 30 years for cryptocurrency fraud

September 20, 2023 06:06 PM AEST| By Investing

Rashawn 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

Signature Global launches Rs 730 crore IPO for debt reduction and expansion

September 20, 2023 06:00 PM AEST| By Investing

Real 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

RR Kabel makes strong debut on Indian exchanges, first to list under new T+2 regulations

September 20, 2023 06:00 PM AEST| By Investing

Shares 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

Boeing increases 20-year forecast for China's demand for new planes

September 20, 2023 05:54 PM AEST| By Investing

Boeing (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

HDFC Bank shares face sharp decline following merger with HDFC Ltd

September 20, 2023 05:54 PM AEST| By Investing

Shares 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

European stocks higher; U.K. inflation slows ahead of Fed decision

September 20, 2023 05:48 PM AEST| By Investing

In 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

RBI extends tenure of HDFC Bank's CEO Sashidhar Jagdishan to 2026

September 20, 2023 05:44 PM AEST| By Investing

The 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

Arm Holdings concludes IPO, begins trading on Nasdaq

September 20, 2023 05:38 PM AEST| By Investing

Arm 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%

Japan shares lower at close of trade; Nikkei 225 down 0.73%

September 20, 2023 05:35 PM AEST| By Investing

Investing.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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