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Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets

Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…

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Why Japanese stocks just had their worst day in 4 years

Japan's Nikkei suffered its biggest daily decline since 2020 after the country raised rates, and as…

Kelly Cloonan   


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Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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Two Japanese banks set to start operations in GIFT City: IFSCA chief

Two more Japanese banks are set to join 10 foreign and 16 local banks in the tax-free GIFT City, wh…

PTI   


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Billionaire investor Ray Dalio warns debt is being devalued as governments pile it up and central banks keep rates artificially low

Ray Dalio says he is worried by the amount of debt held globally, and how central banks are using i…

Kelly Cloonan   


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5 reasons why stocks are still at risk of another sharp sell-off, Deutsche Bank says

The firm warns that many of the headwinds that catalyzed a sell-off earlier in August are still pre…

Filip De Mott   


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India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets

India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…

ANI   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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4 mins read

2 trades to make now amid 6 economic pitfalls ahead, according to a Bank of America chief strategist

Higher unemployment, the yen carry trade, the unwinding of AI trade are a few of the biggest concer…

Laila Maidan   


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The Japanese yen's underlying forces are so weak the currency is in the 'same league' as the Argentine peso and Turkish lira, Deutsche Bank says

Intervention by the Bank of Japan in currency markets won't help the yen, and may actually backfire…

Filip De Mott   


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At USD 642.292 bn, India's foreign exchange reserves hit all-time high

India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD …

ANI   


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Japanese investment bank Daiwa to buy minority stake in Ashok Wadhwa’s Ambit

With the stake sale, Ambit will gain access to Daiwa’s global network, which is one of the large…

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Sensex, Nifty rebound as Reliance, ITC shares rally

Benchmark equity indices Sensex and Nifty rebounded on Wednesday, propelled by bargain hunting in i…

PTI   


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India's forex exchange reserves at over two-year high

The foreign exchange kitty rose for a third straight week to hit an over two-year high.

ANI   


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George Glover   


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Return ratios now even more starkly in favour of ICICI Bank compared to HDFC Bank

Shares of HDFC Bank have corrected from ₹1,661 on September 15 to ₹1,537 per share after the bank b…

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What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura

Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …

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The dollar is heading for its biggest yearly gain against the yen in at least 30 years as the Bank of Japan holds fire on rate rises

While the Federal Reserve hikes interest rates aggressively, the Bank of Japan is sticking to its p…

George Glover   


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Think your bank's interest rates are bad? Just take a look at Japan

In the last few weeks, three major Japanese banks — MUFG, Sumitomo Mitsui, and Mizuho — hiked 10-ye…

Huileng Tan   


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SoftBank Group reports massive $5.9 billion net loss amid global tech meltdown

There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investme…