Markets
Asian stock markets rallied sharply on Monday, driven by growing optimism that the Donald Trump-Xi Jinping meeting could yield a favourable trade agreement. Japan’s Nikkei 225 index climbed over 2 % to cross 50,000 for the first time, while South Korea’s KOSPI and Hong Kong’s Hang Seng Index also registered strong gains. Trade Optimism Drives […]
Business Markets
The BSE Sensex climbed 484 points on Friday, while the Nifty 50 crossed the 25,700 mark to close at a fresh one-year high. Key winners and movers Stocks such as Asian Paints and Mahindra & Mahindra saw double-digit gains of around 4% and 3% respectively. Among financials and energy names, Reliance, HDFC Bank, and ICICI […]
Business Markets
On Monday, Asian stock markets fell sharply as doubts resurfaced over escalating trade tensions between the United States and China. Key Indexes Slide In Hong Kong, the Hang Seng Index dropped nearly 3.5%. In mainland China, the CSI 300 Index fell about 1.8%. The Shanghai Composite also declined. Trigger: Trade Escalation The sell-off came after […]
Markets
Gold prices crossed the $4,000 per ounce mark for the first time on October 8, as investors rushed towards safe-haven assets amid rising economic and geopolitical concerns. Spot gold touched $4,011, while December futures climbed above $4,030. What’s Driving the Rally The surge is being fueled by expectations of a U.S. Federal Reserve rate cut, […]