Asian stocks inched lower on Friday in a subdued end to the week as deepening geopolitical worries and fears over US tariffs and their impact on the global economy curbed investors appetite for risk, keeping safe-haven gold near record highs. Policymakers across the globe struck a cautious note in
Global investors are deserting India's stock market, selling shares at a record pace to buy Chinese stocks instead, in a dramatic reversal of fortunes for the Asian giants over the last six months. A hit to earnings from high inflation and interest rates have chipped 13 per cent off Indian stocks
The dollar hit three-month lows on Wednesday as the US’ trade war with its partners escalated, while a major overhaul to German government borrowing triggered the biggest sell-off in the country’s debt since the late 1990s. In addition to the cocktail of tariffs and a seismic shift in
India's benchmark indexes closed lower on Monday, extending their losing streak to a fifth straight session, as concerns over slowing growth in the US and persistent selling by foreign investors rattled domestic investors. The Nifty 50 (.NSEI) fell 1.06 per cent to 22,553.35, while the BSE Sensex
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon's shares fell as much as 5 per cent in extended trade after the fourth-quarter earnings report, erasing a
Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top US trading partners. Trump's orders for additional levies of 25 per cent on imports from Mexico and most goods from Canada, as well as 1
Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of trade war after Donald Trump put tariffs on top US trading partners. Trump's orders for additional levies of 25 per cent on imports from Mexico and most goods from Canada, as well as 10
Investors are bracing for a looming hit to US corporate profits and pressure on inflation after President Donald Trump on Saturday signed an executive order imposing tariffs on its largest trading partners, with markets seen as not having fully factored in risks from higher levies on foreign import
Semiconductor stocks in the US and Europe climbed on Wednesday, leading a recovery in artificial intelligence-linked stocks after China's low-cost DeepSeek AI tool triggered a punishing selloff this week. European technology stocks rose, fuelled in part by a near 10 per cent surge in shares of ASM
US stock futures steadied, the dollar ticked higher and tech stocks in Asia slid on Tuesday following a wave of selling as apparent advances by a Chinese AI startup cast doubt on US dominance and spending in one of the market's hottest sectors. Overnight, chipmaker Nvidia dived 17 per cent, wiping
US stocks were headed for a sharp drop on Monday, led by technology shares, as surging interest in Chinese startup DeepSeek’s low-cost artificial intelligence model raised doubts over the sector’s lofty valuations. Tumbling global equities prompted a widespread flight to safety, with U
People take pictures on an overpass with a display of stock information in front of buildings in the Lujiazui financial district in Shanghai, China August 6, 2024. REUTERS/Nicoco Chan/Files Global stocks eased on Thursday, halting a rally sparked by US President Donald Trump’s mammoth spendi
Sri Lanka's All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) surpassed the 16,500 mark for the first time in history on Tuesday, official data shows. Meanwhile, the S&P SL20 also made history by crossing 5,000 points for the first time, reports Xinhua. These developments are the l
