According to S&P, finance & insurance sector was the "brightest spot" regarding business activity and new orders, topping the growth rankings in both instances
According to S&P, finance & insurance sector was the "brightest spot" regarding business activity and new orders, topping the growth rankings in both instances
LONDON (Reuters) - Stock markets and the dollar moved cautiously higher on Wednesday before the latest Federal Reserve meeting minutes, while New Zealand's dollar soared as its central bank joined those now aggressively jacking up interest rates.
Timing the markets to catch a low, analysts caution, will not be a wise strategy at the current levels given the slew of domestic and global developments over the next few weeks
Sri Lanka Prime Minister Wickremesinghe on Thursday assured the country's lawmakers that the island nation has been able to secure sufficient stocks of diesel and petrol which will last till mid-June.
Tracking overnight slump in the Wall Street, the worst selloff seen since June 2020, analysts believe that the markets will remain on edge over fears of recession and concerns of a hawkish US Fed
LONDON (Reuters) - Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world's biggest retailers underscored just how hard inflation is biting.
US inflation data, possibility of aggressive rate hikes, record low rupee, and intense selloff by foreign portfolio investors are among the key factors that thumped stocks lower