Aaj News

Business & Economy Published 25 Apr, 2023 04:02pm

UBS hopes to complete Credit Suisse takeover before July

All eyes were on what shape Switzerland’s biggest bank

Business & Economy Published 25 Apr, 2023 03:50pm

Miners, banks push FTSE 100 lower; Whitbread jumps

The FTSE 100 started the week on a tepid note

Business & Economy Published 25 Apr, 2023 02:23pm

Central banks cut dollar operations with Fed as market stress eases

The daily tenders were made available after the failure of Silicon Valley Bank

Business & Economy Published 25 Apr, 2023 02:15pm

US Republican debt ceiling plan would slow growth: Moody’s

Unemployment would reach 4.6 percent

Business & Economy Published 25 Apr, 2023 02:05pm

Asian stocks mostly down after mixed session on Wall Street

Bourses in New York, London, Frankfurt and Paris dipped

Business & Economy Published 25 Apr, 2023 01:53pm

European equities slip at open

London’s benchmark FTSE 100 index sank 0.4 percent to 7,881.13 points

Business & Economy Published 25 Apr, 2023 01:50pm

Turkey central bank gross reserves seen down $5b last week -bankers

The bankers said the forex demand had shown a clear rise in recent weeks

Business & Economy Published 25 Apr, 2023 01:45pm

Japan’s 10-year govt bond yield rises amid caution over BOJ policy tweak

The 10-year JGB yield rose 1 basis point (bp) to 0.475%

Business & Economy Published 25 Apr, 2023 01:40pm

UniCredit fails to win support for pay policy from major shareholder Allianz

The new policy was approved with 69% of votes

Business & Economy Published 25 Apr, 2023 01:04pm

UK budget deficit exceeds forecast in March

The Office for National Statistics (ONS) reported borrowing of 139.2b

Business & Economy Published 25 Apr, 2023 12:59pm

CBOT soybeans may fall into $14.48-1/2 to $14.53-1/4 range

This wave was disrupted by the immediate support of $14.60-1/2

Business & Economy Published 25 Apr, 2023 12:55pm

India says risks weigh on FY24 growth forecast, but macros stable

the International Monetary Fund (IMF) predicted the Indian economy

Business & Economy Published 25 Apr, 2023 12:52pm

South African rand slips as leading indicator falls

The dollar index , which measures the greenback against six rivals

Business & Economy Published 25 Apr, 2023 12:48pm

First Republic Bank deposits tumble more than $100b as it explores options

The deposit slump overshadowed profits that beat expectations

Business & Economy Published 25 Apr, 2023 12:40pm

IMF approves immediate disbursement of about $153mn to Tanzania

The decision brings total disbursements under the $1.04b

Business & Economy Published 25 Apr, 2023 12:24pm

India Rupee looks to rise further on back of dollar weakness

The rupee at open will be helped by the overnight slide on the dollar

Business & Economy Published 25 Apr, 2023 12:18pm

Japan’s business services inflation hits 8-year high in fiscal 2022

The data may keep alive market expectations

Business & Economy Published 25 Apr, 2023 12:02pm

China’s gold output recovers to pre-pandemic level as demand jumps

China’s mined gold output rose 1.9% to 84.97 tonnes

Business & Economy Published 25 Apr, 2023 11:44am

ECB will have to raise rates again on May 4, Lane tells Le Monde

Lane added that wage growth

Business & Economy Published 25 Apr, 2023 11:38am

UBS quarterly profit tumbles as cost of old toxic debt mounts

Switzerland’s biggest bank also cautioned the economic outlook

Business & Economy Published 25 Apr, 2023 11:34am

Wheat drops to 21-month low on improved US weather outlook

Corn edged lower as China cancelled some purchases of US supplies

Business & Economy Published 25 Apr, 2023 11:14am

Santander Q1 net profit up in Europe, offsetting weaker Brazil and U.S. units

The euro zone second-biggest lender in terms of market value

Business & Economy Published 25 Apr, 2023 10:43am

Hyundai Motors finalises $5 bln battery JV in US, doubles Q1 profit

Hyundai reported a net profit of 3.3 trillion won $2.47b

Business & Economy Published 25 Apr, 2023 10:36am

ABB raises full year guidance after profit beats forecasts

The company said its net profit rose 72% to $1.04b

Business & Economy Published 25 Apr, 2023 10:30am

Indian shares flat ahead of key earnings; IT, pharma stocks slide

IT stocks led the slide in markets last week on weak earnings

Business & Economy Published 25 Apr, 2023 10:24am

Oil prices stable as investors ponder China demand, rate hikes

Brent crude rose 4 cents to $82.77 a barrel at 0345 GMT

Business & Economy Published 25 Apr, 2023 09:49am

Gold edges higher on dollar dip with US data in focus

Gold is getting a boost from a weaker dollar

Business & Economy Published 25 Apr, 2023 09:41am

Stocks waver, dollar softens as investors weigh earnings, data

Markets in Australia and New Zealand are shut for a holiday

Business & Economy Published 25 Apr, 2023 09:35am

Euro to the fore as hawkish hike looms

The euro rose above $1.10 overnight and was still going at $1.1062

Business & Economy Published 25 Apr, 2023 09:15am

Mexican airline Viva Aerobus to buy sustainable fuel from Neste

The fuel will be used on Viva Aerobus flights from Los Angeles to Guadalajara

Business & Economy Published 25 Apr, 2023 08:37am

BOJ’s Ueda vows to keep rates low for now, signals chance of future hike

The shape of Japan’s bond yield curve has normalised