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Finance and Economy

US stocks dip as investors assess data, Trump’s economic emergency plan

US stocks edged lower on Wednesday as investors grappled with mixed economic data and reports suggesting President-elect Donald Trump might…

By Mona Porwal 5 Min Read

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…

By Mona Porwal 5 Min Read

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…

By Mona Porwal 5 Min Read

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…

By Mona Porwal 5 Min Read

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…

By Anjali Yadav 5 Min Read

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…

By Anjali Yadav 5 Min Read

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…

By Anjali Yadav 5 Min Read

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…

By Mona Porwal 3 Min Read