Finance and Economy
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Finance and Economy
US weekly jobless claims fall to 11-month low on stable labour market
The number of Americans filing new applications for unemployment benefits has fallen to an 11-month low, signalling a stable labour…
MMTC, MSTC shares soar up to 14%; here’s why they outran Sensex, nifty today
Government-owned trading and service companies MMTC and MSTC stole the limelight in today’s stock market, January 8, 2025, surging significantly…
Hospital stocks gain up to 3% in weak market; max, KIMS hit new highs
Shares of hospital companies surged by up to 3 per cent on Wednesday, defying a broader market downturn, as expectations…
Asia shares rise on prospect of softer Trump tariffs
Asian shares climbed on Tuesday, buoyed by hopes that U.S. President-elect Donald Trump might adopt a less aggressive tariff policy…
Scotiabank transfers some Latin American assets to Colombia’s Davivienda for 20% stake
Scotiabank, one of Canada’s largest lenders, has announced the transfer of its operations in Colombia, Costa Rica, and Panama to…
Exodus by wall street banks from climate group worries advocates
In a move that has drawn criticism from environmental campaigners, several leading U.S. banks have exited the Net-Zero Banking Alliance…
Demand buoyancy pushes services PMI to 4-month high of 59.3 in december
India's dominant services sector closed 2024 on a robust note, with the Purchasing Managers’ Index (PMI) reaching a four-month high…
Outlook 2025: Government capex and safeguard duty key to steel sector performance
The Indian steel industry faced a challenging 2024, marked by rising imports, reduced exports, and declining prices. As the possibility…
