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As polling enters final phase, what can stock market investors expect?

Indian equities outperformed most major markets in 2023 and are trading at expensive valuations

China's industrial profits swung back to positive in April: NBS data

For April alone, profits were up 4.0 per cent, versus a 3.5 per cent slide in March

BOJ to proceed cautiously with inflation targeting frameworks: Ueda

'While many of the challenges we face are similar to those encountered by our counterparts, some are uniquely difficult for us,' the BOJ chief added

Asset famine in China limits central bank's bond trading ambitions

People's Bank of China (PBOC) pledged recently to add treasury bond buying and selling to its toolkit, to improve an increasingly flawed monetary policy transmission mechanism

Australia's Arafura Rare Earths secures $300 mn in finance from Canada

The Nolans project is slated to be the country's third rare earths processing plant

Fewer top women earners in British finance since pandemic, shows report

The lack of progression of women to the most senior roles in financial and professional services is a major factor contributing to the gender pay gap

Asian shares surge ahead of critical US inflation data, rate cut expected

Holidays in the United States and UK made for thin trading ahead of Friday's figures on core personal consumption expenditures

Turbulence hits Qatar Airways flight to Dublin, 12 injured, says airport

Flight QR017, a Boeing 787 Dreamliner, landed shortly before 1 p.m. Dublin time (1200 GMT), the airport said

Elon Musk plans xAI supercomputer to power next version of chatbot Grok

Musk said he wants to get the proposed supercomputer running by the fall of 2025, as per the report, adding that xAI could partner with Oracle to develop the massive computer

Consensus growing on rate cut as inflation diminishes: ECB's Panetta

Panetta has said inflation is showing a common underlying trend as it is declining in all major economic areas and that risks to financial stability have reduced

G7 to explore ways of using frozen Russian assets to help Ukraine

The G7 and its allies froze some $300 billion of Russian assets shortly after Moscow invaded its neighbour in February 2022

India and China hindering 'Pillar 1' tax deal, refusing to engage: Yellen

Earlier on Friday, Italian Finance Minister Giancarlo Giorgetti told reporters that the Pillar 1 negotiations were set to fail, citing objections from the US, India and China

Two-day G7 finance summit kicks off seeking unity on Ukraine, China

The G7 will also address a proposed global wealth tax on billionaires, promoted by Brazil and France among the broader Group of 20 developed countries

Emcure Pharma, HDT settle legal fight over Covid vaccine technology

The companies said they have signed a long-term agreement to continue collaborating on the development of mRNA-based vaccines and a license that allows Emcure to use HDT's mRNA technology

United Spirits Q4 results: Net profit rises over two-fold to Rs 241 crore

The company had posted a net profit of Rs 102 crore in the year-ago period, United Spirits Ltd (USL) said in a regulatory filing

China stages mock missile strikes on Taiwan, uses live missiles in drills

China views democratically governed Taiwan as its own territory and denounces Lai as a 'separatist'

Jio Financial Services plans $4.33 billion deal with Reliance Retail

Under the proposed deal, the JFS unit called Jio Leasing Services will buy telecom equipment and devices that usually include routers and cell phones

RBI shifts to NDFs as preferred forex reserves intervention option

The Reserve Bank of India (RBI) has traditionally been more active in the local over-the-counter (OTC) spot market to keep the rupee stable

Will increase production to meet demand, deliver 120K EVs: Xiaomi

In China, Xiaomi's largest market for its smartphone business, shipments rose 8.6%

IMF, Pakistan make considerable progress on extended loan facility

The IMF has opened discussions with Pakistan on a new loan programme after Islamabad last month completed a short-term $3 bn programme