Page 951 - Business Finance
Google to invest $13 bn in the US this year
Google will invest $13 billion in building new data centres and offices in over a dozen states in the US in 2019, the company's CEO Sundar Pichai has said.
Aksh Optifibre Ltd Falls 4.45%, S&P BSE Telecom index Drops 1.94%
Aksh Optifibre Ltd has lost 24.59% over last one month compared to 8.56% fall in S&P BSE Telecom index and 0.85% drop in the SENSEX
Yes Bank spurts after RBI clears bank of divergence
Yes Bank rose 20.08% to Rs 203 at 9:34 IST on BSE after the Reserve Bank of India cleared the private sector lender of any divergence in asset classification and provisioning.
Eicher Motors Ltd Spurts 1.81%
Eicher Motors Ltd has lost 0.45% over last one month compared to 7.92% fall in S&P BSE Auto index and 1.01% drop in the SENSEX
Market drifts lower in early trade
Key indices drifted lower in early trade. At 9:28 IST, the barometer index, the S&P BSE Sensex, was down 63.12 points or 0.18% at 35,970.99. The Nifty 50 index was down 17.30 points or 0.16% at 10,776.35.
Global Markets: Asian stocks offers muted cheer as China trade beats forecasts
SYDNEY (Reuters) - Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks, though China trade data handily beat expectations in a welcome relief for the global economy.
Renault Chairman Senard to meet Nissan CEO in Japan visit
TOKYO (Reuters) - Renault SA Chairman Jean-Dominique Senard is set to meet with Nissan Motor's CEO Hiroto Saikawa after he arrives in Japan on Thursday, seeking to reaffirm an alliance rocked by the arrest and ouster of former Chairman Carlos Ghosn.
Key Indian indices trade in red
The key market index S&P BSE Sensex on Thursday opened higher despite a muted trend in Asian markets. Minutes into trading, it quoted at 35,984.02, down by 50.09 points, or 0.14 per cent.
Yes Bank will be watched after RBI clears bank of divergence
Yes Bank announced after market hours yesterday, 13 February 2019, that the Reserve Bank of India (RBI) assesses compliance by banks with extant prudential norms on income recognition, asset classification and provisioning (IRACP) as part of its supervisory processes. As part of this process, Yes Bank has received the Risk Assessment Report for FY2018. The report observes NIL divergences in the bank's asset classification and provisioning from the RBI norms.
A flat opening on the cards
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 2 points at the opening bell.
Construction and real estate industry should push to bring the entire sector under GST: Manish Sinha
Speaking at an interactive session on 'Decoding Union Budget - A Real Estate Perspective' organised by FICCI, Mr Sinha also assured the industry full support from the government. "Government is very sensitive to this sector and doing the best it can," he said, adding that the government is aware that real estate is one of the key sectors, provides jobs and contributes, directly and indirectly, around 8-10% to the GDP.
Singtel third-quarter net profit falls 14 percent hurt by regional associates
SINGAPORE (Reuters) - Singapore Telecommunications Ltd on Thursday reported a 14 percent drop in third-quarter net profit, due partly to intense competition in India and the impact of network investments by regional associates, and forecast a small decline in full-year earnings.
US stocks close higher amid upbeat consumer prices data
US stocks ended higher as the market was buoyed by upbeat inflation level shown by US consumer prices in January, and better-than-expected earnings by a batch of US companies for the fourth quarter of 2018.
Oil prices edge up on hopes for U.S.-China trade breakthrough
SYDNEY (Reuters) - Oil prices inched up on Thursday, buoyed by hopes that potential progress in the latest Sino-U.S. tariff talks would improve the global economic outlook.
China considering measures to adjust lending rates for companies: central bank official
SHANGHAI (Reuters) - China is considering measures to drive adjustments in financial institutions' lending rates for companies to improve credit flow into the economy, the official English-language China Daily reported on Thursday, citing a central bank official.
Japan fourth quarter GDP rebounds but trade frictions remain a concern
TOKYO (Reuters) - Japan's economy expanded in the fourth quarter as business and consumer spending recovered from natural disasters, however global trade protectionism remained a concern for the country.
Renault Chairman Senard set to meet Nissan CEO during Japan visit
TOKYO (Reuters) - Renault SA Chairman Jean-Dominique Senard is set to meet with Nissan Motor Co Ltd CEO Hiroto Saikawa during a visit to Japan as the automakers reassess their partnership following the arrest and ouster of former Chairman Carlos Ghosn.
U.S.' Mnuchin says 'looking forward' to China trade talks
BEIJING (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Thursday he was "looking forward" to trade talks with China as the two countries were set to begin formal high-level discussions in Beijing.
Newer businesses drive Cisco's earnings beat; shares rise
(Reuters) - Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday, as it benefited from strength in its newer applications and security businesses, while shrugging of the impact of a U.S.-China trade war on its networking gear business.
Gold up on Fed rate pause signals; strong equities limit gains
(Reuters) - Gold prices rose to hit a peak in more than a week on Wednesday on signs that the U.S. Federal Reserve will likely be patient on further interest rate rises, but rallying global equities kept the metal's gains in check.