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Dollar plunges to 3-month low vs yen as Powell says Fed to go slow
Tokyo: The dollar tumbled to a three-month low versus the yen on Thursday as traders focused on comments by Federal Reserve Chair Jerome Powell that interest rate hikes could be scaled back "as soon as December." Powell said on Wednesday that "slowing down at
Stocks that will see action today (December 1, 2022)
Automobile companies will be in focus, as they announce November sales figures. Analysts expect that the numbers will be dull month-on-month. With new launches, brokerage firms
On a dramatic World Cup night, Argentina and Poland qualify for Round of 16 as Mexico’s valiant attempt goes in vain
Mexico knew they needed three goals at least. Poland knew they had a three-goal cushion. Mexico were up against a Saudi Arabia team that had taken down Argentina while Poland had Messi to contend with. Both games went exactly how one would expect \u2013 Poland
Petrol and Diesel Rate Today, 1 December: Fuel prices steady; Check rates in Delhi, Mumbai, Noida, other cities
Since the cut of excise duty by the central government, some states have also reduced VAT prices on fuels. Follow Us The rate of diesel and petrol have not been changed on 1 December 2022 and costs have been steady for about six months now. In Mumbai, petrol
Buy these two shares for gains as Nifty trend continues to remain positive, upside target at 18950
The underlying trend of Nifty continues to be positive and one may expect further upside in the near term. Immediate support is placed at 18680 levels and the upside target remains intact around 18950-19000 levels. Follow Us By Nagaraj Shetti Nifty surged up
Fed's Powell: Rate hikes to slow, but adjustment just beginning
In an hour-long session of prepared remarks and questions at the
US stock market: Wall Street ends sharply higher after Powell comments
"(The market) has waited with bated breath, looking
Crypto Investment Products’ Trading Volumes Surged in November, Data Shows
The average daily aggregate trading volume of
Share Market LIVE: Sensex, Nifty to continue rallying as SGX Nifty signals start in green; Fed stance dovish
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Nifty Futures were trading in the green on the SGX Nifty, the futures were up by almost 80 points or 0.42%, signaling a positive start for the Indian equity markets. Follow Us Go to Live Updates Share
Zomato, PNB, KPI Green Energy, TVS Motor, TCS, Apollo Hospitals, Wipro stocks in focus on F&O expiry
SGX Nifty was up in green with Nifty futures trading 77 pts or 0.41% higher at around 18994 levels, signalling a positive open for Indian share market. Follow Us Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to extend gains on Thursday, amid
Global markets: Stocks rally, yields and dollar fall as Jerome Powell signals slower hikes
Wall Street equities closed sharply higher on Wednesday while U.S. Treasury yields declined and the dollar sank after Federal Reserve Chair Jerome Powell said the central bank could slow the pace of interest rate hikes “as soon as December,” even
North Korea to hold key ruling party meeting in late December
The decision was made at a gathering of the powerful politburo of the ruling Workers’ Party’s Central Committee convened by North Korean leader Kim Jong Un. Follow Us North Korea will hold a plenary meeting of its ruling party’s central
Rapido rider in Bengaluru gangrape has arrest history
THE BENGALURU Police will issue a notice to bike taxi aggregator Rapido after they found that one of its riders, who is the key accused in the alleged gangrape of a 23-year-old woman in Bengaluru's Electronics City last week, was arrested early this year on
South Korea revised Q3 GDP +0.3% q/q, in line with earlier estimate
SEOUL, Dec 1 (Reuters) - South Korea's economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed on Thursday, unchanged from the advance estimate released earlier. It was slower than 0.7% in
Salesforce's co-CEO Taylor to leave as Benioff takes sole charge
Nov 30 (Reuters) - Salesforce Inc (CRM.N) said on Wednesday that Bret Taylor would step down as co-chief executive officer in January and that co-founder Marc Benioff will become the sole CEO. The news sent the company's shares down 7% in extended trading
Morning Bid: Waiting on Beijing
Dec 1 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. The surprisingly dovish tone of Fed Chair Jerome Powell's speech on Wednesday is likely to drive world markets until the Fed's December policy meeting, but for Asia,
Domino's Pizza Enterprises to raise $112 mln to fund German unit acquisition
Dec 1 (Reuters) - Australia's Domino's Pizza Enterprises (DMP.AX) said on Thursday it would raise A$165 million ($112 million) to fund the acquisition of its Germany-based joint venture that it owns with Domino's Pizza Group Plc (DOM.L). The
South Korea Nov factory activity shrinks for 5th month, but downturn eases slightly - PMI
SEOUL, Dec 1 (Reuters) - South Korea's factory activity shrank for a fifth straight month in November but the downturn moderated slightly, a private-sector survey showed on Thursday, possibly suggesting the worst is over for businesses. The S&P Global
Japan Q3 corporate capex up 9.8% year/year - MOF
TOKYO, Dec 1 (Reuters) - Japanese companies raised spending on plant and equipment in July-September by 9.8% from the same period a year earlier, Ministry of Finance data showed on Thursday. The data will be used to calculate revised
Japan corporate capex up, record recurring profits for Q3
Summary Q3 corp capital expenditure up 9.8% yr/yr, up 2.4% qtr/qtrSolid capex keeps alive prospects for economic recoverySlowdown in exports clouds outlookSales grow 8.3%, recurring profits up 18.3%, record amount for Q3 TOKYO, Dec 1 (Reuters) - Japanese
Indonesia's GoTo says some pre-IPO shareholders not taking up secondary offering
JAKARTA, Dec 1 (Reuters) - Indonesian biggest tech firm PT GoTo Gojek Tokopedia (GOTO.JK) said on Wednesday evening that some of its pre-IPO shareholders had decided not to take up a secondary offering of shares at this time. The shareholders were those who
Japan's factory activity shrinks for first time nearly 2 years -PMI
TOKYO, Dec 1 (Reuters) - Japan's manufacturing activity contracted for the first time in nearly two years in November, a private survey showed, as a slump in demand and output deepened driven largely by a slowdown in the global economy and still-elevated
Fed Chair Powell: cutting rates is not something to do soon
Nov 30 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said the U.S. central bank should use a "risk management" approach to raising rates, going "slower and feeling our way a little bit" to the right level of restrictive
U.N. says deal close on resuming Russia ammonia exports via Ukraine
NEW YORK, Nov 30 (Reuters) - A deal is "quite close" to resume Russian ammonia exports via a pipeline to a Black Sea port in Ukraine, U.N. aid chief Martin Griffiths told a Reuters NEXT event on Wednesday, stressing that it was "almost more
South Korea Nov exports fall most in 30 months on slow China demand, semiconductors
Summary South Korea Nov exports worst in 30 months, worse than expectedExports to China -25.5%, worst since May 2009Weak China demand, downward chip cycle hit SEOUL, Dec 1 (Reuters) - South Korea's exports in November suffered their worst annual drop in
Dollar sinks to 3-month low vs yen as Powell says Fed to go slow
TOKYO, Dec 1 (Reuters) - The dollar tumbled to a three-month low versus the yen on Thursday as traders keyed on comments by Federal Reserve Chair Jerome Powell that interest rate hikes could be scaled back "as soon as December." The dollar-yen pair
Snowflake quarterly net loss widens as expenses rise
Nov 30 (Reuters) - Data cloud company Snowflake (SNOW.N) on Wednesday posted a bigger quarterly loss, hit by a sharp jump in its research and development and marketing expenses. Shares of the company tumbled 13% in extended trading after the company forecast
Exclusive: Ex-Tiger Global partner John Curtius to raise $1 billion for new venture capital fund -source
Nov 30 (Reuters) - John Curtius, a former partner at investment firm Tiger Global, is in talks with institutional investors to raise $1 billion for his new venture fund Cedar Investment Management, a person familiar with the matter told Reuters. The fund will
Financial Media Will Ignore Gold Stocks Until They’ve Tripled In Price
“there are bargains
Parikh panel moots lower price band for APM gas; pricing freedom from 2027
The volume-weighted average of the price prevalent in a 12-month period in US-based Henry Hub, Canada-based Alberta gas, UK-based NBP and Russia gas is currently being used to fix prices for administered fields of ONGC and Oil India. Follow Us The Kirit Parikh
