Page 3316 - Business Finance
Stocks may drift higher in early trade
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 38 points at the opening bell.
Yahoo Japan buys back $2 billion of shares in three-way deal with SoftBank, Altaba
TOKYO (Reuters) - Yahoo Japan Corp is buying back around $2 billion worth of its shares from SoftBank Group Corp as part of a three-way deal with its top shareholders, U.S. investment firm Altaba Inc and SoftBank.
Global Markets: Asia shares rise for a third day, pound bewildered by politics
SYDNEY (Reuters) - Asian shares rallied for a third session on Tuesday as hopes for upbeat corporate earnings buoyed Wall Street, while several high-profile resignations from Britain's government kept sterling on the defensive.
Chinese yuan strengthens against US dollar
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 134 basis points to 6.6259 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System.
Trump scolds NATO members on defence spending
US President Donald Trump has complained again about the defence expenditure of the North Atlantic Treaty Organization (NATO) members, one day ahead of his departure for a NATO summit scheduled in Brussels, Belgium.
Do not blame OPEC, oil producer group says of Trump criticism
CALGARY, Alberta (Reuters) - The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump's recent demands for higher oil output, saying OPEC does not shoulder the blame.
Gold prices inch up amid Brexit uncertainty, subdued dollar
BENGALURU (Reuters) - Gold prices edged up in early Asian trade on Tuesday after hitting a two-week high in the previous session, amid political uncertainty over Brexit and as the U.S. dollar remained subdued.
Brent leads crude prices higher as Norway oil workers prepare to strike
TOKYO (Reuters) - Oil prices rose on Tuesday on escalating concerns about potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway are set to strike later in the day after failed wage talks.
Grex Alternative Investments Market looks to raise $100 mln
The company helps in bridging the gap between early stage to mid-scale companies to potential investors and other ecosystem partners
Global Markets: Asia shares extend rally, pound bewildered by politics
SYDNEY (Reuters) - Asian shares sought to rally for a third session on Tuesday as hopes for upbeat corporate earnings buoyed Wall Street, while several high-profile resignations from Britain's government kept sterling on the defensive.
SoftBank to buy $2 billion of Yahoo Japan shares held by Altaba
TOKYO (Reuters) - SoftBank Group Corp <9984.T> said on Tuesday that its unit SoftBank Corp would buy 221 billion yen ($2 billion) worth of shares in Yahoo Japan Corp <4689.T>, a 10.78 percent stake, held by U.S. investment firm Altaba Inc .
China, Germany agree to oppose protectionism
China and Germany have agreed to unequivocally oppose protectionism and safeguard free trade system based on multilateral rules to promote strong, sustainable and balanced global economic growth.
Dow, S&P 500 post best days in more than a month; banks lead gains
NEW YORK (Reuters) - U.S. stocks rose on Monday, giving the Dow and S&P 500 their biggest gains in more than a month, as bank shares jumped ahead of earnings reports later this week.
Trump suggests China interfering in US-N Korea talks amid trade war
The United States President Donald Trump suggested that China may be 'exerting negative pressure' on North Korea on the denuclearization deal, due to the recent tiff between Washington and Beijing over the trade tariffs.Trump took to his social media handle and even expressed confidence that the North Korean leader Kim Jong-un will stand by his commitment of denuclearization, made on June 12 in Singapore summit."I have confidence that Kim Jong Un will honor the contract we signed &, even more importantly, our handshake. We agreed to the denucleariation of North Korea. China, on the other hand, maybe exerting negative pressure on a deal because of our posture on Chinese Trade-Hope Not!," Trump Tweeted.Recently, the Trump administration imposed tariffs of USD 34 billion on Chinese imports, escalating a fight that could hurt companies and consumers in both the countries.Chinese goods being hit by US levies include cars, computer disk drives, pump and valve parts and LEDs.This ...
US stocks trade higher as financial shares rally
US stocks traded on an upbeat note as financial shares rallied, bolstering the market.
Wall Street gains; investors expect strong earnings
NEW YORK (Reuters) - U.S. stocks rose on Monday, helped by bank, industrial and energy shares, as investors looked ahead to a strong quarterly earnings season.
Global Markets: Stocks hit two-week high as banks lead ahead of earnings
NEW YORK (Reuters) - Global stocks hit a two-week high on Monday with bank shares leading the drive higher ahead of earnings reports from the biggest U.S. lenders later in the week, while sterling took at hit after another British cabinet resignation.
Ultra Luxury Residential Project of the Year 2018 goes to Zenith Residences
Zenith Residences was honoured with the Ultra-Luxury Residential Project of the Year (Bangalore), a project by Karle Infra Pvt. Ltd., a real estate and urban infrastructure development company.The award, presented at the Asia Real Estate Excellence Awards 2018, was in recognition of Karle's Zenith Residences, matching the highest standard of luxury living.Located at Nagavara, Zenith Residences is the very first offering of Karle Town Centre.Embracing a new level of luxury living, Zenith is ideally located and within proximity of the city's best facilities. Amenities at this property include a Yoga and meditation lawn, fully furnished clubhouse, gymnasium, mini theatre, billiards room, world class badminton courts, squash courts, swimming pool etc.The entirety of space in homes at the Zenith Residences, from bedroom to bathroom, is designed with attention to the smallest detail. The concept of a harmonious living with nature, is embraced with the provision of a natural environment to ..
Trump demands NATO countries spend more on defence
President Donald Trump today asked NATO member countries to spend more on the security bloc arguing that it is unfair to the US which is spending far more than the others. The United States is spending far more on NATO than any other country. This is not fair, nor is it acceptable, Trump said ahead of the NATO Summit in Brussels later this week. While these countries have been increasing their contributions since I took office, they must do much more, he said as he listed out the percentage of defence spending of other major NATO countries. "Germany is at one per cent, the US is at four per cent and the NATO benefits......., he said. Europe far more than it does the US. By some accounts, the US is paying for 90 per cent of NATO, with many countries nowhere close to their two per cent commitment. On top of this the European Union has a trade surplus of USD 151 million with the US, with big trade barriers on US goods, Trump said. Trump's meeting with NATO leaders in Europe this week is
Gold up, touches 2-week peak but still near December lows
NEW YORK/LONDON (Reuters) - Gold rose on Monday, touching its highest in two weeks as the dollar weakened and the Chinese yuan recovered from June's lows, and gold stayed higher even as the dollar bounced up, as some investors bought bullion to cover short positions.