Traders work on the floor of the New York Stock Exchange. Associated Press
South Korea’s exports posted their biggest fall in three-and-a-half years in June, data showed on Monday, denting government hopes for a pick-up in economic growth after a shocking decline in the first quarter.
Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended the week on a higher note led by gains in banking stocks. The BSE Sensex closed 160.10 points or 0.41 per cent higher at 38,767.11. The broader Nifty finished 46.75 points or 0.40 per cent higher at 11,643.45. “Market turned positive despite a weak rupee as investors
Global stock markets rose on Friday after JP Morgan›s results kicked off the US corporate earnings season in style, while signs of stabilisation in China›s economy also helped riskier assets on views the growth outlook worldwide is better than thought.
Major Indian indices − Sensex and Nifty − closed at their highest-ever on Tuesday riding strong and sustained foreign fund inflows and bets of yet another rate cut over a near-normal monsoon forecast. Both indices touched their all-time highs − Sensex at 39,364.34 and Nifty 11,810.95 − during the early trade and mostly held on to the gains
The International Monetary Fund on Tuesday lowered its forecast for global growth this year and next, warning that further US-China tariffs or a disorderly exit for Britain from the European union could further slow growth,
The consolidated net profit of the Etisalat Group amounted to Dhs4.4 billion during the first half of the year ending 30th June, 2019, representing a 3.1 per cent increase year-on-year.
The Dubai-China bilateral trade hit Dhs139 billion in 2018, and was valued at Dhs36 billion in the first quarter of 2019.