Page 2957 - Business Finance
Australia Market rises 0.7%
Shares of financials and consumer discretionary sectors were key contributor to the benchmark rally, helped by positively-received results from Suncorp (SUN), Magellan Financial (MFG) and Crown Resorts (CWN).Among top four banks, Commonwealth Bank of Australia, ANZ Bank, Westpac, and National Australia Bank were up in a range of 0.5% to 1%.
Hungry for growth, food makers seek new flavor of CEO
LONDON/CHICAGO (Reuters) - PepsiCo Inc's incoming chief executive Ramon Laguarta is the latest of a new generation of leaders tasked with reigniting growth at the world's best-known food and drink brands as they fight back against media-savvy independent rivals.
Japan machinery orders tumble, fuel doubts on capex
(Refiles to spell out 'capital expenditure' in full in paragraph 1)
After Mercari: Japanese asset managers see new era in venture capital investing
TOKYO (Reuters) - The hugely successful IPO by online marketplace Mercari in June was a bonanza for its shareholders - and may transform lukewarm attitudes among mainstream asset managers about investing in startups, according to major Japanese institutional investors and industry officials.
Oil prices rebound slightly after heavy declines over trade dispute
TOKYO (Reuters) - Oil prices rebounded on Thursday after heavy losses in the previous session that came as the China-U.S. trade dispute escalated, with official Chinese data indicating energy demand in the world's top importer has yet to recover its strength.
Gold nudges up as dollar hits two-week low vs yen
BENGALURU (Reuters) - Gold prices rose slightly on Thursday, after gaining for two straight sessions, supported by a slightly weaker dollar versus the yen in Asian trade.
Sensex hits historic 38,000 mark; Nifty tops 11,495
The BSE Sensex hit the 38,000 level for the first time today on widespread buying in banking, energy and PSU stocks amid unabated inflows by domestic and foreign institutional investors. The broader NSE Nifty too touched a new peak of 11,495.20. The 30-share Sensex climbed 162.56 points, or 0.42 per cent, to 38,050,12 in early trade today, breaching its previous intra-day record of 37,931.42 hit yesterday. Strong gains in banking, oil and gas, PSU, realty, healthcare, IT, teck, metal, infrastructure, capital goods, FMCG, power and auto stocks spurred the index higher. The NSE Nifty spurted 45.20 points, or 0.39 per cent, to 11,495.20, surpassing its previous (intra-day) record of 11,459.95 hit yesterday. Analysts said strong liquidity in the market following unabated buying by foreign as well as domestic institutional investors and encouraging Q1 earnings bolstered sentiment. On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 568.63 crore, while domestic ...
Hong Kong Market rise 0.9%
Investors risk sentiments were subdued amid escalating U.S.-China trade dispute raised concerns about the outlook for global economic growth. China said it will impose 25% tariffs on an additional $16 billion worth of imports from the U.S. from Aug. 23, matching Washington's latest move in the trade war.
China Market gains 1.8%
NEWS FROM PRESS: China announced a plan to slap additional tariffs on $16 billion US goods in retaliation the Commerce Ministry said on Wednesday, 08 July 2018 that government will impose additional import tariffs of 25% on US$16 billion worth of U.S. goods ranging from oil and steel products to autos and medical equipment starting Aug. 23. The Commerce Ministry said it is responding to the United States' decision to slap 25-percent tariffs on another US$16 billion of Chinese goods Aug. 23. The U.S. Trade Representative's office made the announcement Tuesday as it published a final tariff list targeting 279 imported product lines. The action is the latest by U.S. President Donald Trump to put pressure on China to negotiate trade concessions after imposing tariffs on US$34 billion in goods last month. China has vowed to retaliate to an equal degree. The latest US$16 billion list will hit semiconductors from China, even though many of the basic chips in these products originate from ...
Japan Stocks fall on soft offshore lead, strong yen
Investors risk sentiments were subdued amid escalating U.S.-China trade dispute raised concerns about the outlook for global economic growth. China said it will impose 25% tariffs on an additional $16 billion worth of imports from the U.S. from Aug. 23, matching Washington's latest move in the trade war.
Nalco jumps after robust Q1 results
National Aluminium Company rose 6.60% to Rs 71.85 at 9:31 IST on BSE after the company reported 432.8% rise in net profit to Rs 687.05 crore on 64.9% increase in net sales to Rs 2973.31 crore in Q1 June 2018 over Q1 June 2017.
Board of UFO Moviez India approves investment in subsidiary - Valuable Digital Screens
At meeting held on 08 August 2018
Global Markets: China stock rally helps steady nerves, Russian rouble skids
SYDNEY (Reuters) - Asian share markets found support on Thursday as a rally in Chinese stocks helped offset the latest escalation in the Sino-U.S. trade war, while Russia's rouble tumbled as the United States slapped fresh sanctions on the country.
China stock rally helps steady nerves, Russian rouble skids
SYDNEY (Reuters) - Asian share markets found support on Thursday as a rally in Chinese stocks helped offset the latest escalation in the Sino-U.S. trade war, while Russia's rouble tumbled as the United States slapped fresh sanctions on the country.
Rupee gains 18 paise against dollar
Rising for the third day, the rupee firmed up by 18 paise to 68.45 against the US dollar in opening trade today on continued selling of the American currency by exporters and banks amid foreign capital inflows. Forex dealers said besides sustained selling of the greenback, a higher opening of the domestic equity markets boosted the local unit at the interbank forex market. However, the dollar's strength against some currencies overseas capped the gains. Yesterday, the rupee had gained by 5 paise to end at 68.63 against the US currency. The benchmark BSE Sensex rose 162.56 points, or 0.42 per cent, to hit an all-time high of 38,050.12. The NSE Nifty too scaled a new peak of 11,495.20 in early trade today.
Inox Wind reports consolidated net profit of Rs 10.37 crore in the June 2018 quarter
Sales rise 306.12% to Rs 430.45 crore
Kilpest India consolidated net profit rises 31.34% in the June 2018 quarter
Sales decline 2.14% to Rs 4.11 crore
Confidence Petroleum India consolidated net profit rises 205.72% in the June 2018 quarter
Sales rise 32.81% to Rs 190.07 crore
Dhampur Sugar Mills consolidated net profit declines 49.45% in the June 2018 quarter
Sales decline 13.63% to Rs 734.40 crore
Amber Enterprises India standalone net profit rises 12.69% in the June 2018 quarter
Sales decline 3.53% to Rs 602.09 crore