Page 28 - Global Markets

BlockFi, Crypto.com lay off hundreds as global crypto market crashes

Crypto trading and lending exchanges BlockFi and crypto.com have laid off hundreds of employees after the global crypto market was battered owing to a "dramatic shift" in macro-economic conditions

Market coming to terms with structural inflation narrative: M Raychaudhuri

In an Q&A Manishi Raychaudhuri, Asia-Pacific equity strategist at BNP Paribas says he expects the current volatility in Asian and Indian equities to continue over the foreseeable time horizon

Global server market revenues expected to reach $112 billion in 2022

The global server market's revenue is expected to grow 17 per cent (on-year) to reach $111.7 billion in 2022, according to a new report.

Global stock markets mixed as Wall Street bond sell-off; yen at 2-yr low

Global stock markets were mixed Tuesday after a bond sell-off on Wall Street fuelled anxiety about a possible U.S. economic slowdown and Australia raised interest rates. London, Shanghai and Hong Kong declined. Frankfurt opened higher and Tokyo gained. The yen, trading at two-decade lows, fell further to almost 133 to the dollar. Wall Street futures were lower after the benchmark S&P 500 index rose 0.3% on Monday and the market price of a 10-year Treasury bond fell. That increased its yield, or the difference between the day's price and the payout at maturity. The difference between short- and long-term Treasury yields is narrowing, which is making me a little nervous, because it suggests investors think a U.S. recession is more likely, said Jeffrey Halley of Oanda in a report. I don't think the U.S. is at stagflation yet, or a period with high inflation and low growth, but if oil stays above $120.00 a barrel, it might soon be, Halley said. In early trading, the FTSE 100 in Londo

Rupee appreciates 4 paise to 77.62 against dollar in early trade

The rupee appreciated 4 paise to 77.62 against the US dollar in opening trade on Monday, supported by a weak American currency in the overseas markets.

Why LRS route for investing in capital markets abroad is mainly for HNIs

Those with small amounts should skip it owing to high costs and elaborate tax-related compliances

Near-term growth and cost challenges to weigh on Aurobindo Pharma stock

While valuations are now attractive, product approvals and progress on the injectable guidance are among key long term term triggers

Bonds rally everywhere in May with bulls saying global debt selloff is over

Global investment-grade debt has returned almost 1% in May, the first monthly gain since July, while US Treasuries are heading for their best month since November

Key lessons for investors from stock market's bear phase in 2010-2011

With the end of easy money, market's risk tolerance is low, and this seems unlikely to change in the near term

Investors should sell the rallies; S&P 500 can fall another 10%: Chris Wood

Christopher Wood, global head of equity strategy at Jefferies believes that S&P 500 has more room for downside. Investors, he suggests, should look to exit stocks on any intermittent bounce-back.

Economic turmoil in Sri Lanka is small preview of a global default crisis

In Sri Lanka, pharmacies are running out of medicine; and hospitals are dangerously short of lifesaving drugs and devices

Analysis: What India's u-turn on wheat exports means for world markets

India's ban on wheat exports has delivered a fresh blow to world markets already reeling from tight supplies due to output issues in traditional export powerhouses

'Wheat export ban will help in crushing attempts to hoard Indian wheat'

The government's decision to ban wheat exports will help in crushing attempts by certain foreign players to hoard Indian wheat for price manipulation in global markets, according to sources.

AU SFB shares jump 6% after MSCI includes stock in global indices

Four domestic stocks added, one excluded from MSCI Standard index

Indian-American sworn in as asst secy of commerce for global markets

Indian American Arun Venkataraman was sworn in as the Assistant Secretary of Commerce for Global Markets and Director Gen of the US and Foreign Commercial Service

A good amount of selling may be over: MIB Securities India CEO Jigar Shah

Jigar Shah, CEO, MIB Securities India, tells Puneet Wadhwa that retail money inflows into markets would decline with the start of the interest-rate expansion.

Opt for flexi-cap, multi-cap funds amid market volatility: Experts

Globally, rising inflationary concerns and geopolitical tensions have led to risk aversion among investors

Positive US real yields may rip up global markets playbook

These are some of the investor expectations now that bond markets have taken another step toward pre-pandemic normality, with benchmark inflation-adjusted Treasury yields climbing above zero.

US dollar drops, euro rises as markets look to ECB's policy meet

Money markets are pricing in about 70 basis points of interest rate tightening by December.

Rupee declines 11 paise to settle at 75.95 against US dollar

The rupee declined 11 paise to close at 75.95 (provisional) against USD on Thursday as the hawkish stance of US Fed affected investor sentiments in global markets and bolstered the American currency