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Category: Economy

META
Economy

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Administrator_India February 2, 2023 No Comments

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called…

View More Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales
Adani Extends Losses
Economy

Asian Stocks Rise Tracking Positive U.S. GDP, Adani Extends Losses

Administrator_India January 27, 2023 No Comments

Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data, while Indian stocks extended their…

View More Asian Stocks Rise Tracking Positive U.S. GDP, Adani Extends Losses
Oil treads
Economy

Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data

Administrator_India January 27, 2023 No Comments

Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ panel meeting, as well as…

View More Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data
UBS
Economy

UBS has No Desire to Buy Credit Suisse, Chairman Tells Newspaper

Administrator_India January 14, 2023 No Comments

UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on Saturday. The former…

View More UBS has No Desire to Buy Credit Suisse, Chairman Tells Newspaper
Dollar Weakens
Economy

Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ

Administrator_India January 13, 2023 No Comments

The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal…

View More Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ
COVID Warnings
Economy

Chinese Fret Over Infecting Elderly As Holidays Prompt COVID Warnings

Administrator_India January 12, 2023 No Comments

People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays that the World…

View More Chinese Fret Over Infecting Elderly As Holidays Prompt COVID Warnings
China manufacturing
Economy

China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin

Administrator_India January 3, 2023 No Comments

Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled with an unprecedented spike…

View More China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin
BOJ
Economy

BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei

Administrator_India December 31, 2022 No Comments

The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023…

View More BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei
Toyota's
Economy

Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104

Administrator_India December 26, 2022 No Comments domesticoutputproductionreachingsemiconductorsstruggles

Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. domestic production slid 3.3%…

View More Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104
Economy Stock Market

Asian Stocks Slammed by Fed Rate Hike Risks

Administrator_India September 21, 2022 No Comments ForexGDPStockStock Market

Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the…

View More Asian Stocks Slammed by Fed Rate Hike Risks

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