BENGALURU, May 26 (Reuters) – Indian shares were little changed on Wednesday, as gains in energy and consumer discretionary stocks were countered by losses in financials and materials.The blue-chip NSE Nifty 50 index was up 0.07% at 15218.05 by 0403 GMT, while the benchmark S&P BSE Sensex was 0.08% higher at 50,686.31.Reliance Industries Ltd, down…
An appreciation in China’s yuan might not be a good way to deal with rises in commodity prices, the state-owned Economic Information Daily said in a front-page commentary on Wednesday.
* Philippine stocks set for best day since Feb. 1 * S. Korean won, Taiwan dlr gain 0.3% * Singapore, Malaysia, Indonesia, Thailand closed By Arundhati Dutta May 26 (Reuters) – Philippine shares were headed for the best day in nearly four months on Wednesday i…
The dollar wallowed near a five-month trough against major peers on Wednesday as Federal Reserve insistence that stimulus will continue kept yields low, while surprisingly hawkish New Zealand central bank comments pushed the kiwi higher. The euro traded just north of the key $1.2250 level — holding gains from Tuesday when it pushed as high…
Share to FacebookShare to TwitterShare to LinkedinBitcoin investors have been rocked by a price crash that’s wiped more than 50% from bitcoin’s all-time high. The bitcoin price, after nudging $65,000 per bitcoin in April, dropped to just under $30,000 this week before rebounding slightly, falling after Tesla billionaire Elon Musk expressed doubts about bitcoin and…
Fashion brand owner, The Collected Group LLC, has secured court approval of its prepackaged reorganization plan that will put lenders in control of the company. Collected, represented by Paul, Weiss, Rifkind, Wharton & Garrison, expects it to go into effect this week after U.S. Bankruptcy Judge Laurie Selber Silverstein in Wilmington, Delaware signed off on…
(Reuters) – U.S. stocks closed slightly lower on Tuesday, and each of Wall Street’s main indexes failed to stray far from the unchanged mark following a rally in the prior session as investors continue to try and assess the route of inflation.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen…
* U.S. 2-year note auction attracts strong demand * U.S. yield curve flattens as inflation worries ease * U.S. reverse repo volume surges to 3rd highest since launch (Adds bullets, details, updates prices) By Gertrude Chavez-Dreyfuss and Karen Pierog NEW YORK…
Joe Biden and Vladimir Putin will meet in Geneva, Switzerland on 16 June, the White House has announced.A statement from press secretary Jen Psaki says the two leaders will “discuss the full range of pressing issues, as we seek to restore predictability and stability to the US-Russia relationship”.The highly anticipated face-to-face meeting will take place…
Germany’s national competition regulator, the Bundeskartellamt, has continued its investigative charge against big tech — announcing that it’s opened two proceedings into Google. The move follows earlier proceedings targeting Amazon and Facebook — both of which are also looking to determine whether their businesses are of “paramount significance for competition across markets”, as German competition law…
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