Australian shares dip as traders await next catalyst Banks and miners have weighed on the Australian stock exchange in an underwhelming trading session, while energy, healthcare and IT stocks outperformed. AAP · Jul 6
'We Can No Longer Afford This': Germany's Sick Leave Crackdown Sparks Backlash Over Day One Doctor's Note Rule Germany's Chancellor Merz announces a comprehensive economic reform package, including changes to sick leave, tax relief, and pension adjustments, aimed at revitalising the economy. International Business Times UK · Jul 2
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumps The Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank intervention. Market flows for arbitrage and merchant payments pressured the currency, which retreated from an early peak. Traders noted increased dollar demand and triggered stop-losses on rupee bets. The Economic Times · Jul 2
Oil prices fall to pre-war levels as Strait of Hormuz shipping slowly recovers Tanker traffic through Hormuz has begun to recover, though vessel movements remain well below pre-conflict levels The Independent UK · Jul 2
Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war caution The Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Federal Reserve Chair's remarks and uncertainty surrounding U.S.-Iran negotiations. Despite falling oil prices and measures to boost dollar inflows, analysts anticipate no significant rupee recovery in the coming year… The Economic Times · Jul 1
'Don't want to look like America': 5 reasons why Europe is against air conditioners despite melting summers As Europe reels under increasingly intense heat waves with temperatures crossing 40 degrees, one question continues to puzzle visitors from warmer parts of the world -- Why are so many homes, schools and even hospitals still without air conditioning? The Times of India · Jul 1
FTSE 100 up as defence stocks rally on spend lift The proposals see an extra £15 billion being pumped into defence spending up to 2030. Evening Standard · Jun 30
Asian shares are mixed as tech stocks fall in Japan and South Korea Asian shares are mixed as tech shares fall following a rout on Friday The Independent UK · Jun 29
Oil down 2% amid resumption of Hormuz shipments even as vessel hit near Oman Aramco resumes Ras Tanura oil loadings after four-month halt Bangkok Post · Jun 26
European Banks Are Outperforming : Can These 3 Keep It Going? European bank stocks trade at single-digit earnings multiples while posting strong net interest income growth, suggesting the sector remains undervalued. MarketBeat · Jun 25
Copper rebounds on bargain hunting amid softer dollar, firmer risk appetite Copper prices saw a rebound on Thursday, recovering from recent losses as investors seized bargain opportunities. A weaker dollar and a positive sentiment in broader financial markets, buoyed by strong tech earnings, also contributed to the uptick. While industrial metals face headwinds from persistent high U.S. interest rate expectations, the… The Economic Times · Jun 25
Gold Drops Below $4,000 After Sharp Selloff: Experts Urge Investors to Buy Gold and silver prices have sharply declined due to a stronger US dollar, changing interest rate expectations, and easing geopolitical concerns, with gold falling below $4,000 per ounce. International Business Times UK · Jun 25
Rupee cushioned by central bank hand even as dollar strength dents Asia FX The Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening dollar. While Asian peers faltered, the rupee held steady as traders braced for potential US Federal Reserve rate hikes. Concerns over inflation and oil prices are being closely monitored by the… The Economic Times · Jun 24
Asian stocks are mixed after big tech sell-off Asian stocks are mixed on Wednesday, following a sell-off in big technology stocks from Asia to Wall Street The Independent UK · Jun 24
The Economic Times · Jun 23 From coffee to booze: Rafael Oliveira, the new boss of Heineken Heineken has appointed Rafael Oliveira as its new CEO, marking the first external hire for the top role. Oliveira, previously CEO of JDE Peet's, brings extensive international leadership experience from companies like Goldman Sachs and Kraft Heinz. His appointment follows a lengthy search and comes as he faces the challenge…
AAP · Jun 22 US stocks hold near their records as trading resumes on Wall Street after a holiday weekend U.S. stocks are drifting near their records after trading resumed following a three-day weekend for Wall Street
AAP · Jun 22 Wall Street quietly mixed in premarket, oil prices fall on optimism over U.S.-Iran negotiations Trading in U.S. markets is mixed while oil prices are edging lower on fresh optimism over progress in U.S.-Iran negotiations
The Economic Times · Jun 22 Rupee snaps six-session winning streak as firmer dollar pinches The Indian rupee slipped on Monday, snapping its six-day upward trend due to the strengthening dollar worldwide. While falling oil prices eased some apprehensions related to conflicts, the Federal Reserve's assertive monetary policy continues to support the dollar. Consequently, traders are bracing for further upticks in U.S. interest rates, which…
AAP · Jun 22 World shares are mixed and US futures fall as Iran talks make progress World shares are mixed Monday, with Japan and South Korea trading higher and setting new records
The Independent UK · Jun 22 Asian shares are mixed and US futures fall as Iran talks make progress Asian stocks are mixed Monday, with Japan and South Korea trading higher
The Guardian - AU · Jun 21 A Melbourne woman lost $646,035 to a romance scam. Should banks and dating apps be forced to refund victims like her? The Albanese government says Australia will have the ‘world’s toughest anti-scam laws’, but consumer advocates fear they’re lacking
The Economic Times · Jun 19 Dollar firms as US-Iran peace deal hangs in balance; yen nears 40-year low The dollar remains strong against most currencies, nearing a 40-year low against the yen, as a potential US-Iran peace deal hangs in the balance. Federal Reserve projections hinting at a year-end rate hike are boosting the dollar, with traders watching closely for any intervention by Japanese authorities to support their…
The Economic Times · Jun 19 Yen teeters on cusp of 40-year low as BOJ hike fails to stem rout The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S.-Iran peace agreement. Meanwhile, the Japanese yen has plummeted to levels not seen in two years, prompting traders to keep an eye out for possible intervention from Japanese financial officials.
Evening Standard · Jun 18 Why have interest rates stayed the same and what could happen next? The Bank decided to keep rates unchanged at 3.75%, the fourth meeting in a row where rates have been held at this level.
The Economic Times · Jun 18 Rupee hits six-week high on offshore, exporter flows The Indian Rupee saw a remarkable resurgence on Thursday, hitting a six-week high after a period of weakness influenced by the Federal Reserve's strict monetary stance. This turnaround was fueled by increased dollar selling from foreign markets and robust exporter contributions. Furthermore, the recent downturn in oil prices offered additional…