The KOSPI index has remained on edge as concerns about the South Korean economy continued. This retreat also happened as the South Korean won remained in a strong downward trend, with the USD/KRW rising to 1,451, up by over 12% from its lowest point this year. Why the KOSPI index…
Shares of Reliance-owned Just Dial have remained muted in the past six months. Just Dial’s share price has moderated around 2% in the past six months. Ventura Securities has initiated coverage on Justdial with a “buy” rating, assigning a target price of ₹2,920 (£27.28) for the stock over the next…
The GBP/USD exchange rate dived to its lowest level since May 2024 as the US dollar index surge gained steam. It dropped to a low of 1.2497, much lower than the year-to-date high of 1.3430 after the latest Federal Reserve and Bank of England (BoE) interest rate decisions. Bank of…
The DAX index retreated for seven consecutive days as concerns about the hawkish Federal Reserve and Donald Trump tariff threats continued. The index, which tracks the biggest companies in Germany, fell to €19,780, its lowest level since December 2nd. It has fallen by 3.75% from its highest level this year. …
Indian stock market fell off a cliff on Thursday morning. Both the benchmark indices were down over 1% in early trade on Thursday. The Sensex dropped below the 80,000 mark, while the Nifty 50 fell below 24,000. The Indian stock market’s decline mirrored a broader downturn across US and Asian…
Indian power generation major, Tata Power has had a quiet few months at the bourses. Tata Power’s share price has moderated by around 6% in the past six months. But, analysts at brokerage firm Sharekhan remain bullish on this Tata Group company. Tata Power share price prediction Analysts at the…
The iShares Russell 2000 ETF (IWM) crashed hard after the Federal Reserve delivered a highly hawkish interest rate decision. It slumped by over 3%, reaching a low of $218, its lowest level since November 5. It has dropped by almost 10% from the highest level this year, meaning that it…
Apple is reportedly in discussions with Tencent and ByteDance to integrate their artificial intelligence models into iPhones sold in China. The move comes as the company aims to navigate China’s strict regulatory landscape for generative AI services, which require government approval before public release. These talks highlight Apple’s attempt to…
Indian FMCG major Tata Consumer has denied reports that US coffee giant Starbucks is looking to exit India. The company on Thursday morning said that the reports are “baseless.” “The company would like to state that the information in the said article is baseless,” the Tata Group unit said in…