Page 2293 - Business Finance
Japan Nikkei extends losses
Shares of export-related companies declined as yen hovered around the 112 yen line against greenback amid safe-haven appeal. Mitsubishi Electric and Sony fell more than 1% each, while Panasonic dropped almost 1%.
Australia Market recoups ground
Shares of banks and financial players continued to weigh on the broader market on concerns over the fallout of a powerful inquiry into wrongdoings in the sector, with Westpac Banking Corp, ANZ Banking, Commonwealth Bank of Australia and Australia Bank were lower in a range of 0.5% to 2%. The move in ANZ's stock came following an announcement by its chief executive that the bank had fired over 200 staff for wrongdoing.
TCS drops after declaring Q2 result
TCS lost 1.86% to Rs 1,942.90 at 09:29 IST on BSE after the company declared its Q2 result after market hours yesterday, 11 October 2018.
HCL Technologies Ltd Slips 1.22%
HCL Technologies Ltd has lost 8.2% over last one month compared to 8.62% fall in S&P BSE IT Sector index and 8.48% drop in the SENSEX
Jindal Drilling & Industries Ltd Spurts 10.96%, S&P BSE Energy index Rises 2.57%
Jindal Drilling & Industries Ltd has lost 4.9% over last one month compared to 9.92% fall in S&P BSE Energy index and 8.73% drop in the SENSEX
Singapore central bank tightens again with eye on trade risks
SINGAPORE (Reuters) - Singapore's central bank on Friday tightened monetary policy for the second time this year, saying the city-state's economy is likely to expand steadily barring a setback to global growth from trade frictions between the United States and China.
'Winter is coming': Indonesia's president sounds warning for global economy
NUSA DUA, Indonesia (Reuters) - Indonesian President Joko Widodo urged global central bankers and finance ministers on Friday to remain committed to cooperation and to "nudge their leaders in the right direction" to contain growing risks facing the world's economy.
Sensex up 449 points, value buying boost equity indices
Value buying along with broadly positive global cues and a stable rupee aided the Indian equity market on Friday to make healthy gains during the morning trade session.
Market jumps on positive Asian cues
Key benchmark indices jumped in early trade, mirroring a pull back in other Asian shares. At 9:22 IST, the barometer index, the S&P BSE Sensex, was up 487.61 points or 1.43% at 34,488.76. The Nifty 50 index was up 139.25 points or 1.36% at 10,373.90.
Oil prices rise, but still set for weekly fall amid equities rout
TOKYO (Reuters) - Oil prices rose on Friday slightly reversing two days of declines in the previous sessions driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a weekly fall.
US warns of continuing efforts against restrictive trade
US Secretary of the Treasury Steven Mnuchin said here on Friday that Washington would continue its "efforts to address restrictive trade practices around the world".
Market may witness recovery
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 31.50 points at the opening bell, mirroring a pull back in other Asian shares.
China's September export growth tops forecasts, surplus with U.S. record high
BEIJING (Reuters) - China reported on Friday an unexpected acceleration in export growth in September and a record trade surplus with the United States, which could exacerbate an already-heated dispute between Beijing and Washington.
South Korea unemployment inches down in September as fiscal spending boosts healthcare jobs
SEOUL (Reuters) - South Korea's unemployment rate fell in September, recovering from an eight-year high in August, as increased fiscal spending in the healthcare sector boosted jobs even as manufacturers and retailers shed workers.
G M Breweries standalone net profit rises 23.46% in the September 2018 quarter
Sales rise 10.33% to Rs 111.73 crore
TCS in focus after Q2 result
TCS' consolidated net profit rose 7.67% to Rs 7927 crore on 5.91% rise in total income to Rs 37584 crore in Q2 September 2018 over Q1 June 2018. The announcement was made after market hours yesterday, 11 October 2018.
Australia's ANZ fired senior execs due to bad banking behaviour: CEO
SYDNEY (Reuters) - Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
Australia's ANZ fired 200 staff due to bad banking behaviour - CEO
SYDNEY (Reuters) - Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
Gold near highest in over two months as equity plunge boosts safe-haven appeal
BENGALURU (Reuters) - Gold edged down on Friday but held near an over two-month high hit in the previous session, when prices surged over 2 percent as a rout in global stock markets boosted the metal's safe-haven appeal.
Explainer - What are risk-parity funds?
NEW YORK (Reuters) - The market's quick and hard-to-explain declines this week led some investors to point fingers at number-crunching fund strategies designed to control and balance risk.