* U.S. data adds to interest rate cut bets South Korea stocks hit seven-week high KOSPI rises, foreigners are net buyers * South Korean won strengthens against US dollar * South Korea’s benchmark bond yield falls Seoul – Overview of South Korea’s financial markets: ** South Korean stocks climbed to their highest level in seven … Read more
* South Korea shares up 1.2% * Singapore shares up 1% * Ringgit flat after central bank rate decision By Ayushman Ojha May 10 – Most Asian currencies headed for weekly losses on Friday, although the day was largely flat while stocks rallied on optimism The gains came on fresh signs of a cooling labor … Read more
Posted on May 8, 2024 06:16 PM (US Standard Time) According to reports, the US government may suspend all funding to UN agencies if a resolution recognizing Palestine’s eligibility for full membership is passed. Reuters reported the news, along with Israeli Ambassador to the United Nations Gilad Erdan. Remember, Palestine is currently a “permanent observer” … Read more
The Bank of England is likely to send a clearer signal in the coming week on whether it plans to cut interest rates this summer, as investors bet on the prospect of a delay in easing policy. Bailey’s rate cut plan will differ from Powell’s Ahead of Thursday’s decision, Bank of England Governor Andrew Bailey … Read more
(Bloomberg) — Federal Reserve Chairman Jerome Powell said the central bank is close to the confidence needed to begin lowering interest rates. ultra high definition images “We’re waiting to have more confidence that inflation can sustainably stay at 2 percent,” Powell said Thursday in response to a question from the Senate Banking Committee. “When we … Read more
The budget allocated to the transport sector for the next financial year, including expenditure on public transport, is $The budget is Rs 5,702 crore, said Delhi Finance Minister Atish, who presented the government’s last full budget ahead of Lok Sabha elections next month and Assembly elections likely to be held in early 2025. Experts say … Read more
BUENOS AIRES, Argentina (AP) — Argentina’s liberal government President Javier Milley The governor of oil-rich Chubut province on Monday condemned his threat to cut off energy supplies to the rest of the country amid a dispute over funding cuts. ultra high definition images “(The threat) is not an attack against the federal government, but against … Read more
Parts of Bengaluru are expected to experience water disruptions for 24 hours starting Tuesday, the Bengaluru Water Supply and Sewage Board (BWSSB) announced. This interruption is due to emergency maintenance work and the installation of Unaccounted For Water (UFW) bulk flow meters. The BWSSB has notified residents and gated communities receiving the Cauvery water supply, … Read more
New Delhi: As the Bharatiya Janata Party (BJP) gears up for the Lok Sabha elections, it plans to announce candidates before the election dates are announced. The first list may be released by the end of January or the first week of February, and it could include the names of Prime Minister Narendra Modi and … Read more
Nothing Phone 2 was launched in India in July this year as the second smartphone offering from the UK brand. Now, six months after the launch, the UK-based startup led by Carl Pei has announced a big price cut on the phone. The handset is now available from Flipkart at Rs. 39,999 for the base 8GB … Read more