European stocks are seen opening mostly higher on Friday despite Apple offering a cautious outlook for revenue from Mac, iPad, and Wearables categories in the current quarter. The monthly U.S. jobs report is likely to be in the spotlight today, with economists expecting employment to increase by 180,000 jobs in […]

Relief at the Fed’s pause and hopes of an end to the tightening cycle bolstered market sentiment across asset classes and regions. The Bank of England is also widely expected to keep rates on hold in its decision on Thursday. Wall Street Futures are trading on a positive note amidst […]

Asian stocks rose sharply on Thursday as a hawkish interest-rate hold by the Federal Reserve fueled hopes that the U.S. central bank is done with rate hikes. The Fed acknowledged the U.S. economy‘s surprising strength, but also nodded to the tighter financial conditions faced by businesses and households – alleviating […]

Manufacturing activity in the U.S. unexpectedly contracted at a faster rate in the month of October, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its manufacturing PMI fell to 46.7 in October from 49.0 in September, with a reading below 50 indicating […]

Asian stocks rose broadly on Wednesday, with Japanese markets leading regional gains after the Bank of Japan loosened its grip on government bond yields. Middle East worries persisted and Chinese manufacturing data disappointed, helping limit overall gains in the region. Purchasing managers’ indexes (PMIs) for China, Japan, South Korea and […]

China’s manufacturing activity contracted in October as firms reported a fresh decline in production amid weak foreign demand, survey results released by S&P Global showed on Wednesday. The Caixin manufacturing Purchasing Managers’ Index dropped to 49.5 in October from 50.6 in the previous month. The sector contracted for the first […]

The cautiously optimistic approach ahead of the US Fed’s monetary policy announcement late in the day is keeping Asian stock markets mixed on Wednesday, following the broadly positive cues from the global markets overnight. Traders seemed reluctant to make significant moves and will pay close attention to the Fed’s accompanying […]

10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations. India’s equity valuation has seen a tempering in the past […]

France’s economy expanded modestly in the third quarter as the strength in household spending and investment were mostly offset by falling exports. Gross domestic product grew only 0.1 percent sequentially in the third quarter, first estimate from the statistical office INSEE showed on Tuesday. The rate came in line with […]

The launch of new schemes by mutual funds (MFs) has decelerated due to changes in debt fund taxation. During the first half (H1) of this financial year (April–September 2023), fund houses introduced a total of 73 new fund offerings (NFOs), compared to 183 in the second half (H2) of 2022-23, […]