Popular emerging market FX trade back with global rates peaking
Even as markets recover from one of the most volatile months in years, the odds are in favour of a…
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Rupee falls 10 paise to close at 82.31 against US dollar
MUMBAI: On Monday, the rupee lost 10 paise to settle at 82.31 (provisional) against the US dollar as the strong…
UBS-Credit Suisse merger: Some Indian IT vendors may gain, others lose
BENGALURU: According to reports, Indian IT companies have contracts worth about $600 million with Credit Suisse. The latter’s acquisition by…
McDonald’s temporarily shuts US offices, prepares layoff notices: Report
The Wall Street Journal reported on Sunday that the burger major McDonald’s Inc. is temporarily closing its US offices this…
US regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios: Sources
According to persons familiar with the situation, the Federal Deposit Insurance Corporation (FDIC) has hired consultants to sell the securities…
Forex kitty rises $5.98 billion to $578.78 billion
MUMBAI: The Reserve Bank of India reported on Friday that India’s foreign exchange reserves increased by $5.977 billion to $578.778…
Sun Pharma shares: Jefferies sees healthy upside after recent acquisition
Jefferies said in a note that Dr. Maurice Raycroft, Ph.D., the analyst, offered insights on the positioning of Concert’s lead…
US stocks: Wall Street ends sharply higher with big jump in chips
IN NEW YORK: While markets celebrated the apparent containment of a banking industry crisis that has alarmed investors recently, Wall…
USD/INR Price News: Oscillates above 82.20 as US PCE Price Index hogs limelight
During the Asian session, the USD/INR pair is moving sideways in a narrow range above 82.20. The asset got off…
Global market today: SGX Nifty to US markets — key factors that you should know
Today, there was a lot of buying on the US stock market in the evening because people’s feelings about the…