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GLOBAL MARKETS NEWS

SBI expects slower loan growth of 12-13% in FY26 amid tariff-related risks

May 04, 2025 4:35 am

US President Donald Trump's announcement of reciprocal tariffs has increased the risk of global growth slowdown while trade wars seem to be escalating

Why India’s agriculture trade surplus is shrinking

March 05, 2025 2:29 pm

Farm exports have posted above-average growth, with basmati rice, spices, coffee and tobacco shipments set to cross new highs in 2024-25. But imports, especially of pulses and edible oils, have surged too

Why global markets cracked after launch of Chinese startup Deepseek's AI model

January 28, 2025 4:51 pm

Deepseek Chinese AI startup: The sharp sell-off in global tech stocks was triggered by concerns over DeepSeek’s lower cost of creating AI tools compared to other US-based AI companies.

Globalisation is set to grow at slower pace than before: CEA Anantha Nageswaran

January 21, 2025 10:34 pm

"There are clear signs that manufacturing and services are likely to be challenged. We have established a strong position in IT-enabled services and have good exposure to IT-enabled services manufacturing," the CEA Anantha Nageswaran said.

Oil dips but poised to end week higher on Fed rate cuts, lower US crude stocks

September 20, 2024 10:30 pm

The Fed projected a further 50 basis points of rate cuts by the end of this year, a full percentage point of cuts next year and a further half-percentage-point reduction in 2026.

Markets climb in early trade on firm global trends

August 28, 2023 11:45 am

The BSE Sensex climbed 177.63 points to 65,064.14 in early trade. The NSE Nifty gained 62.2 points to 19,328.

Asian stocks rally as banking anxiety eases; Alibaba surges

March 29, 2023 8:43 am

Alibaba's Hong Kong shares shot up 15%, while the company's U.S.-listed shares closed 14.3% higher.

Asian shares gain despite a rise in Chinese Covid cases

November 23, 2022 8:38 am

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3%, after U.S. stocks ended the previous session with gains. The index is up 12% so far this month.

Asian stocks follow Wall Street up on hopes of rate hikes easing

October 26, 2022 10:37 am

Wall Street's benchmark S&P 500 index rose for a third day after bond prices rose, suggesting some investors expect the Fed to ease off rate hikes as economic activity cools.

Citi trader made error behind flash crash in Europe stocks

May 03, 2022 5:49 pm

A trader at the U.S. firm made a mistake “inputting a transaction,” Citigroup said late last night, after a knee-jerk selloff in Swedish stocks in five minutes wreaked havoc in bourses from Paris to Warsaw, wiping out 300 billion euros ($315 billion) at one point. The bank said it identified the error “within minutes” and corrected it.

GLOBAL MARKETS VIDEOS

China seems to be moving towards market linked pricing of the Yuan: Shaktikanta Das

January 07, 2016 10:27 am

New Delhi, Jan 07 (ANI): Economic Affairs Secretary Shaktikanta Das on Thursday said the new normal in global economy is uncertainty. He said that China seems to be moving towards market linked pricing of the Yuan. He also stated that YMF has accepted Yuan as a reserved currency. China devalued the Yuan in a move that rippled through global markets. As policy makers stepped up efforts to support exporters and boost the role of market pricing in Asia’s largest economy.

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