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DuPont, Rogers Provide Update On Pending Merger
DuPont de Nemours, Inc. (DD) and Rogers Corp. (ROG) on Friday provided an update on regulatory approval of the pending merger of Rogers and Cardinalis Merger Sub, Inc., a wholly owned subsidiary of DuPont, which was previously expected to close in the third quarter of 2022.
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839 일 전
India Central Bank Lifts Rates Again To Battle Inflation, Rupee Weakness
The Reserve Bank of India lifted its benchmark rate for the fourth straight session, in a bid to combat high inflation and the decline in the rupee to a record low as the emerging markets encounter spillover effects from the policy normalization in advanced economies. The Monetary Policy Committee voted 5-1 to hike its key interest rate, the repo, by 50 basis points to 5.90 percent.
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839 일 전
Sensex, Nifty Rally As Dollar Slides; Metals And Financials Top Gainers
Indian shares posted strong gains on Friday as the dollar rally against major rivals stalled and U.S. Treasury yields declined, boosting investors' risk appetite.
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839 일 전
Oil Prices Gain Ahead Of Next Week's OPEC+ Meeting
Oil prices gained on Friday amid speculation of an output cut by OPEC producers in the meeting scheduled on October 5.
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839 일 전
European Shares Bounce Back As UK Avoids Recession
European stocks bounced back on Friday, as government bond yields pulled back from recent highs and new data showed the U.K. economy has not yet fallen into a recession.
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839 일 전
Asian Shares Decline On Growth Concerns
Asian stocks fell again on Friday, with growing worries about the U.K.'s fiscal policy, Europe's energy crisis and hawkish Fed commentary weighing on markets.
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839 일 전
UK GDP Expands In Q2
The UK economy expanded in the second quarter after a revision to the services output, but growth remained below the pre-pandemic level, data released by the Office for National Statistics showed on Friday. Gross domestic product grew 0.2 percent sequentially, which was revised up from a first estimate contraction of 0.1 percent. Nonetheless, the pace of growth was weaker than the 0.7 percent exp
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839 일 전
more news
European Shares May Weaken Further On Hawkish Fed Commentary
European stocks may see further selling pressure on Friday as investors weigh the risks of a simultaneous and rapid global tightening.
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839 일 전
European Economics Preview: Eurozone Inflation, Unemployment Data Due
Flash inflation and unemployment from the euro area are due on Friday, headlining a hectic day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's monthly labor market statistics. In the meantime, the Office for National Statistics releases UK revised GDP data for the second quarter.
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839 일 전
Sensex, Nifty Tad Lower Ahead Of RBI Rate Decision; Rupee Opens Flat
Indian shares were a tad lower on Friday, tracking weak global markets in the wake of rising concerns surrounding inflation and the growth outlook.
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839 일 전
Asian Markets Mostly Lower On Global Cues
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, on growing fears of a recession amid persistently high inflation, rising interest rates and slowing global growth. Buying interest generated by the Bank of England's bond market intervention quickly evaporated as traders quickly cashed in on the gains.
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839 일 전
Sensex, Nifty Set To Extend Losses; RBI Meeting In Focus
Indian shares look set to open on a weak note Friday, with weak global cues and caution ahead of the RBI's monetary policy meeting likely to keep underlying sentiment cautious.
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839 일 전
Japanese Market Tumbling
The Japanese stock market is sharply lower on Friday, giving up the gains in the previous session, with the benchmark Nikkei 225 falling more than 400 points to below the 26,000 mark, following the broadly negative cues from global markets overnight, dragged by weakness across most sectors, led by technology and financial stocks, amid growing fears of a recession and rising interest rates.
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839 일 전
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