While India won’t be immune to global spillovers, we need to create the macro preconditions for sustained growth.Policy agility, prudence, and resilience will be key, suggests Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura. Over the last two months, geopolitical and market developments have emerged as risks to […]
Read moreEuropean Shares Seen Broadly Higher Ahead Of US Jobs Report
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 […]
Read moreCouple ‘devastated’ after £33,000 life savings stolen from their motorhome
A grandad has been left “devastated” after £33,000 in cash he’d been saving for his late son’s headstone was stolen from his motorhome during floods. Phil, 68, and Dawn Henderson, 65, hid three bags of money and jewellery under a bed in their motorhome after rising water from Storm Babet […]
Read moreMarkets Cheer The Fed's Dovish Pause
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 […]
Read moreAsian Shares Follow Wall Street Higher
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 […]
Read moreU.S. Manufacturing Index Unexpectedly Indicates Faster Contraction In October
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 […]
Read moreSimple one-minute habit to do every morning to prevent mould growing
'Game changing' hack to cure damp, mould and condensation Wintertime is a time when mould is unfortunately likely to make an appearance, as the weather is likely to be damper and the air indoors is more likely to be humid due to radiators being cranked on. Mould can even have a […]
Read moreContinental Posts Profit For Q3, But Sales Decline; Cuts Annual Sales Outlook
Continental AG (CTTAY.PK), a German automotive parts maker, on Wednesday recorded a profit for the third-quarter versus loss last year. However, the company posted a decline in revenue. In addition, the company has revised down its full-year sales guidance. Continental, said: “The improvement in earnings resulted in particular from the […]
Read moreAsian Shares Gain, Led By Japan
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 […]
Read moreChina Manufacturing Activity Contracts On Falling Production
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 […]
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