Indian Stock Market News
Live coverage of the Indian equity market and listed companies.
Godrej Consumer shares slide 4% after Q1 margin falls amid commodity inflation; Rs 5/share dividend declared
Godrej Consumer Products shares fell 4.3% after the FMCG major reported its June quarter results. Consolidated net profit rose 12% year-on-year to Rs 505 crore, while revenue from operations increased 18% to Rs 4,225 crore. Despite healthy growth, the stock declined as investors reacted to the quarterly performance.

NPS subscribers now have more time to secure the same day’s NAV — here's what the change means for you
The PFRDA has extended the cut-off time for same-day NPS contributions by 2.5 hours. This change allows later contributions to secure the same day's NAV. Here's who benefits from it.

Cummins India faces margin, valuation hurdles despite robust demand
Cummins India's Q1 margin disappointed despite healthy revenue growth. Pricing actions, export recovery and rising data centre demand will be key to restoring profitability.

Aegeus Technologies IPO allotment to be finalised today. Here's GMP, how to check status online
The GMP of Aegeus Technologies IPO ahead of allotment is ₹12, according to Investorgain.
Adani Green Energy shares can rally up to 23%. Why Axis Capital, Elara initiated coverage
Brokerages Axis Capital and Elara Capital initiated coverage on Adani Green Energy, citing its ambitious plan to expand renewable energy capacity to 50 GW and strong long-term growth prospects. The firms see up to 23% upside, backed by robust capacity additions, improving cash flows and India's accelerating clean energy transition.
Behari Lal Engineering IPO price band set at Rs 271-285, issue opens on August 12
Behari Lal Engineering will launch its IPO on August 12 with a price band of Rs 271–285 per share, aiming to raise over Rs 301 crore through a fresh issue and an offer for sale. The company plans to use the proceeds to expand manufacturing capacity, install rooftop solar systems, repay debt, and support general corporate purposes.
US Stock Market: Warsh's Fed leaves markets searching for policy clues
Federal Reserve Chair Kevin Warsh is changing the central bank’s communication approach, reducing reliance on forward guidance and leaving markets to interpret economic data more independently. The shift has triggered volatility in bond markets, with investors seeking clarity on future rate moves. As inflation remains elevated, the Fed’s new strategy faces scrutiny ahead of key economic indicators
Bonus issue alert! This smallcap infra stock that jumped 50% in a month has declared 1:1 bonus issue
Chavda Infra has announced a 1:1 bonus issue, with shareholders set to receive one additional share for every share held. The Ahmedabad-based infrastructure company’s stock has surged 53% in a month and 71% from its 52-week low, taking its market capitalisation above Rs 439 crore.
For LIC, successful OFS and strong Q1 may not provide succour yet
The government's announcement of an offer for sale in LIC has positive implications but the stock trades at a higher multiple versus HDFC Life despite slower growth rates in future
Global Market: China’s July exports top forecasts as AI boom and pre-tariff rush fuel trade growth
China's July exports rose 23.9%, beating forecasts as strong global AI-related demand and pre-tariff shipments boosted trade. High-tech and semiconductor exports remained key growth drivers despite fresh U.S. restrictions. Robust exports supported markets, but weak domestic demand, slowing investment and escalating trade tensions continue to cloud China's broader economic outlook.

Solar stock under ₹50 hits 52-week high after this Capex update. Do you own?
Rhetam TMT share price opened at ₹33.46 apiece today, as compared to previous close of ₹32.85 on Thursday.
Market Test: Can SpaceX sustain gains after the share unlock?
SpaceX shares rebounded 6% after 900 million shares became eligible to trade following its first post-IPO lockup expiry, but investors remain cautious over future unlocks and potential volatility.
Airbnb's strong quarter: 5 key takeaways for investors
Airbnb raised its full-year 2026 revenue outlook following a strong Q2 performance. Revenue rose 17% to $3.61 billion, while EPS hit $1.37, beating Wall Street estimates. Robust international travel demand, FIFA World Cup bookings, and AI integration across host tools drove a sharp surge in after-hours stock trading.
Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh in
Samvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35,244 crore (up 17% YoY) and a 70.1% YoY jump in profit after tax to ₹1,032 crore, aided by recent acquisitions — including Shenzhen Autocruis and the Wiring Harness businesses of Nexans Autoelectric and Yutaka Giken — expected to add nearly $2 billion in annualized revenue.
Old strategies buried alive: How CAS hit Dalal Street traders
The new closing auction session (CAS) has rattled Dalal Street, with traders saying long-standing strategies are no longer working. SEBI, however, remains confident the system will improve as participation rises. Weak liquidity and volatile closing prices have intensified concerns, forcing traders and brokerages to adapt to the new market mechanism.

Stock Market Today Live, Aug 7: Sensex down 500 pts, Nifty slips to 24,530; TCS leads gainers; Siemens Energy soars 13% - thehindubusinessline.com
Stock Market Today Live, Aug 7: Sensex down 500 pts, Nifty slips to 24,530; TCS leads gainers; Siemens Energy soars 13% thehindubusinessline.com
Why Is Share Market Falling Today? Know Key Reasons Behind Sensex, Nifty Decline on August 7 - News18
Why Is Share Market Falling Today? Know Key Reasons Behind Sensex, Nifty Decline on August 7 News18
Global Market: China, Hong Kong stocks rise as strong trade data and AI demand lift sentiment
China and Hong Kong equities advanced on Friday after stronger-than-expected July trade data reinforced confidence in the country's export resilience. Robust demand for AI-related technologies, particularly semiconductors, lifted investor sentiment, while Morgan Stanley reiterated its preference for Hong Kong equities amid improving earnings prospects.
Sensex slumps 363 pts; consumer durables shares tumble - Business Standard
Sensex slumps 363 pts; consumer durables shares tumble Business Standard
Crompton Greaves shares crash 7% despite strong Q1 results
Crompton Greaves Consumer Electricals shares fell to a day's low of ₹250 on Friday, even after posting strong Q1 results a day earlier. The company reported a 15.2% YoY jump in PAT to ₹143 crore (6.4% margin) and 11.8% YoY revenue growth to ₹2,235 crore, driven by broad-based performance across segments.
Kalyan Jewellers shares jump 5% after Jefferies starts coverage with 'Buy'. More upside after 63% rally in 1 month?
Kalyan Jewellers shares witnessed an uptick on Friday after Jefferies initiated coverage with a Buy rating and Rs 830 target, implying 39% upside. The stock has rallied 63% in a month. Analysts see further gains, citing strong momentum, franchise-led expansion, healthy returns and improving operating performance.

SC extends mandatory insurance for new cars, bikes: Third-party vs comprehensive motor cover, can you upgrade?
The Supreme Court has extended mandatory third-party motor insurance for new vehicles: four years for cars and six years for two-wheelers. Here's the difference between third-party and comprehensive motor cover and whether you can upgrade.
Gold prices jump Rs 6,400/10 grams this week, silver soars Rs 11,502/kg amid peace deal optimism. Big rally ahead?
Gold and silver prices climbed on the MCX on Friday, extending their recent gains as easing oil prices and expectations around U.S. interest rates supported sentiment. Investors are now awaiting the U.S. nonfarm payrolls report for clues on the Federal Reserve's next policy move, while analysts advise caution ahead of the key data release.

Technocraft Ventures IPO Day 1 Live: GMP, subscription status, other details. Apply or not?
Technocraft Ventures IPO GMP today: According to Investorgain, the company shares are available at a premium of ₹13 in the grey market today
Volumes soar at Siemens Energy India Ltd counter - Business Standard
Volumes soar at Siemens Energy India Ltd counter Business Standard
Jefferies' Chris Wood sells HDFC Bank, PB Fintech shares to buy 2 new stocks
Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays.
Indian bonds buckle under oil spike, fresh debt sale
Indian government bonds declined early Friday, reversing some weekly gains. Higher oil prices and global rate fears impacted investor sentiment before a large debt sale. New Delhi plans to raise 320 billion rupees through bond auctions later today. The benchmark Brent crude contract saw a significant price increase since Tuesday. The Reserve Bank of India maintained its repo rate, easing immediate

Small-cap stock close to life-time high after Q1 results 2026, jumps 3% in opening bell
Standard Engineering share price touched an intraday high of ₹288.35, close to life-time

8th Pay Commission: Key Delhi meetings to start today; 5 updates for central government employees
The 8th Pay Commission will hold crucial stakeholder meetings in Delhi to discuss pay revision, pensions, allowances and employee welfare. Here are the latest official updates, upcoming consultation schedules and what central government employees and pensioners can expect before the final report.
US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable float
SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled the number of publicly tradable shares by unlocking about 911.5 million additional shares (on top of the rough

Stock markets down in early trade dragged by rising crude oil prices - The Hindu
Stock markets down in early trade dragged by rising crude oil prices The Hindu

778% rally in five years! Multibagger pharma stock close to record high after Q1 results 2026
Fredun Pharmaceuticals share price rose over 3.5% following strong Q1 FY27 results, with net profit increasing 94.1% YoY to ₹13.13 crore. Revenue surged 90.7% YoY to ₹227.75 crore, while total expenses increased primarily due to rising raw material costs and other factors.
Global Market: Japan stocks fall over 1% as chip shares tumble, SoftBank declines despite earnings beat
Japan's Nikkei fell over 1% on Friday, dragged down by a selloff in AI and semiconductor stocks, even as the broader Topix stayed roughly flat. SoftBank Group was a key laggard, dropping 4.3% despite posting a smaller-than-expected 18% profit decline for the quarter, investors weren't convinced the results were strong enough to sustain a rally.
Global Market: Japan reveals record $40 billion yen-buying intervention as currency pressure persists
Japan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp depreciation. Detailed data from the Ministry of Finance showed authorities intervened multiple times during the Golden Week holidays, while markets remain alert for further action as the yen weakens again.

Sensex, Nifty Slip as Financials Drag; Crude Surge Weighs - HDFC Sky
Sensex, Nifty Slip as Financials Drag; Crude Surge Weighs HDFC Sky
Indraprastha Medical Corporation shares surge 9% after Q1FY27 profit rises 9%, revenue grows 11%
Indraprastha Medical Corporation shares surged over 8.5% to Rs 392.90 following strong Q1FY27 earnings. The healthcare operator reported a 9% YoY increase in consolidated net profit to Rs 56 crore and an 11% rise in revenue to Rs 406 crore. The company also fixed September 18 as the dividend record date.
Tata Investment, Tata Chemicals rally up to 7% after RBI classifies Tata Sons as upper-layer NBFC
Tata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving focus on the holding company's potential listing. The central bank is also examining Tata Sons' application to surrender its core investment company registration.
Hero MotoCorp shares jump 3% as Q1 profit rises 29% YoY, beats estimates. What's ahead?
Hero MotoCorp shares jumped over 3% to Rs 5,739 following strong Q1 FY27 results. The two-wheeler giant reported a 29% YoY rise in standalone net profit to Rs 1,454 crore and a 36% surge in revenue to Rs 12,999 crore, beating market estimates on operational margin performance. Brokerages maintain a Buy call.
Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices - Rediff
Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices Rediff

Behari Lal Engineering IPO: Price band set at ₹271-285 per share; check key dates, issue details
Behari Lal Engineering Limited sets its IPO price band at ₹271 to ₹285. Subscription runs from 12 to 14 August, with anchor allocation on 11 August. The IPO reserves shares for QIBs, NIIs, and retail investors, with allotment expected by 17 August and listing on 19 August.
Vikram Solar shares crash 11% to fresh lifetime low. What's spooking investors?
Vikram Solar shares fell sharply to a record low on Friday after the company reported an 85% year-on-year drop in Q1 profit, with margins shrinking sharply. Investor sentiment was also dented by US President Donald Trump's new 15% tariff on polysilicon products, adding to concerns over the solar sector's global outlook.
Trent shares slide 3% after Q1. What Morgan Stanley, four other brokerages recommend
Trent shares fell 3% after the Tata Group retailer reported a 21% year-on-year rise in Q1 consolidated net profit to Rs 519 crore. Revenue from operations grew 18% to Rs 5,755 crore. On a sequential basis, net profit increased 25% and revenue rose 14%, although the stock came under pressure despite the earnings growth.
Siemens Energy India shares jump 7% after strong Q1 results. Should you buy, sell or hold?
Siemens Energy India shares surged over 7% after the company posted a robust June 2026 quarter, with net profit jumping 68% year-on-year and revenue rising nearly 40%. Encouraged by strong execution, a healthy order backlog and long-term growth prospects, Motilal Oswal retained its 'Buy' rating and raised the target price to Rs 4,100.
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCs
Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengthening prudential norms while encouraging innovation in lending.

Ardee Industries IPO Day 3 LIVE: GMP, subscription status to review. Apply or not?
Ardee Industries IPO GMP today: According to Investorgain, the company shares are available at a premium of ₹15 in the grey market today

Sensex Today Trades Lower | Nifty Below 24,650 | Bajaj Finance Share Price Drops 5% - Equitymaster
Sensex Today Trades Lower | Nifty Below 24,650 | Bajaj Finance Share Price Drops 5% Equitymaster

Fusion Klassroom Edutech IPO listing: Shares list at 7% premium over the IPO price
Fusion Klassroom Edutech share price listed at 7% premium over the IPO price of ₹159. The stock opened at ₹170 apiece on BSE SME.
Nifty trade below 24,650 in early trade; breadth strong - Business Standard
Nifty trade below 24,650 in early trade; breadth strong Business Standard
LIC gains 3% after Q1 earnings. Here's what Morgan Stanley and Motilal Oswal recommend
LIC shares rose 2.5% after the state-owned insurer reported a 23% year-on-year jump in Q1 standalone net profit to Rs 13,492 crore, while net premium income grew 7% to Rs 1.27 lakh crore. LIC also retained its leadership in the domestic life insurance market, with a 60.1% share of first-year premium income, according to IRDAI data.
Global Market: South Korean stocks fluctuate as AI spending concerns weigh on chipmakers
South Korean shares swung between gains and losses on Friday as investors assessed the latest U.S. corporate earnings and remained cautious over AI-related spending. Despite recovering from early losses, the KOSPI stayed on track for a third consecutive weekly decline, while foreign investors remained net buyers.

Gold, silver prices today, 7 August: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 7 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
CAS Chaos: Dalal Street's biggest stock trading reform in years endures a rocky first week
India's recently introduced closing auction system for stock prices is encountering early challenges, with traders raising alarms over erratic price fluctuations and confusion in the marketplace. In response, the Securities and Exchange Board of India (SEBI) held discussions with brokerages, reassuring them of the system's persistence. The lack of engagement from proprietary and high-frequency tra
Sensex drops over 200 points, Nifty tests 23,600 as Strait of Hormuz tensions rattle oil markets
Indian stock markets opened lower on Friday as oil prices increased. Concerns over Iran potentially closing the Strait of Hormuz impacted investor sentiment. Bajaj Finance and Bajaj Finserv shares led the declines on the Sensex. IT stocks like TCS and Tech Mahindra bucked the trend with gains. Analysts suggest market consolidation is likely before an eventual upside breakout.

Sensex down 500 pts, Nifty below 24,550: Rising oil prices among key factors behind market decline - Moneycontrol.com
Sensex down 500 pts, Nifty below 24,550: Rising oil prices among key factors behind market decline Moneycontrol.com
Britannia shares rally 4% as Q1 profit rises 14% YoY. Should you buy, sell or hold?
Britannia Industries shares rose 4% after the FMCG major reported a more than 14% year-on-year increase in Q1 FY27 net profit to Rs 591 crore. Despite higher input costs due to geopolitical tensions, the company delivered healthy revenue growth and margin expansion, prompting Nuvama and Nomura to reiterate their 'Buy' ratings on the stock.

Can you pay income tax using a credit card? All you need to know about charges and payment process
Taxpayers can pay income tax online using credit cards through the e-filing portal. While convenient, they should be aware of potential convenience fees and interest charges if debts aren't cleared on time. Details here. 
Hindustan Aeronautics among 4 stocks flashing bullish signals, hinting at a possible uptrend
On August 6, four stocks in the Nifty500 appeared on the White Marubozu bullish scanner, according to StockEdge's technical scan data. The White Marubozu is a bullish candlestick pattern that signals strong buying pressure throughout the trading session, indicating sustained bullish momentum and the potential for further upside.
Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?
Ola Electric shares have rebounded sharply from March lows, supported by improving sentiment, strong sales, and a BESS partnership. Analysts remain cautious, citing execution, competition, and cash-burn risks. Technical indicators suggest resistance near Rs 45–50, with sustained operational improvement seen as essential for further upside.
Power Grid Share Price Live Updates: Power Grid's Current Trading Status

Rupee opens 6 paise lower at 95.28 against US dollar amid spike in crude oil prices
The rupee opened lower at 95.28 against the US dollar, impacted by rising crude oil prices and expectations of a hawkish Fed. Market watchers await the US jobs report for insights into monetary policy and currency direction, amid geopolitical tensions affecting oil supply.
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Olympus GAAP EPS of ¥17.72, revenue of ¥240.4B; reaffirms FY 2027 outlook
Xponential forecasts 2026 revenue of $250M-$260M and adjusted EBITDA of $91M-$97M while reviewing strategic alternatives
Terumo GAAP EPS of ¥47.73, revenue of ¥311.81B; updates FY 2207 outlook
Volkswagen controlling families call for faster overhaul to fend off Chinese rivals
Volkswagen's top investor on Friday called on the auto giant to take immediate action to fend off intensifying competition from Chinese car brands.
KDDI Corporation GAAP EPS of ¥51.33, revenue of ¥1487.32B; reaffims FY 2027 outlook

Why is Amrize stock falling today?
How a Sardine Gets From the Ocean to a Can

Why is Tokmanni stock tumbling today?

Why is EnBW Energie Baden-Württemberg stock rallying today?
Kawasaki Heavy Industries reports Q1 results; raises FY 2026 outlook
SpaceX may be finding floor amid bullish options positioning- report

Brenntag shares rise after raising 2026 EBITDA outlook
Europe’s wildfire ‘protection gap’ is growing, insurers warn
Insurers warn that Europe is facing a "protection gap" in wildfire cover as disaster recovery costs outpace insurance coverage.
Daimler Truck GAAP EPS of €0.15, revenue of €12.29B; raises FY 2026 outlook

Lanxess falls 3% as weak Q3 outlook overshadows Q2 EBITDA beat

Why is CSG stock rallying today?

1&1 shares climb 5.5% on higher first-half earnings

Healthcare leads European shares higher; Middle East in focus

Why is Eutelsat stock sliding today?
Macro Picture Continues to Be Supportive, Coutts Says
Fahad Kamal, CIO at Coutts, discusses maintaining an overweight position on risk assets driven by a positive macroeconomic environment, supportive labor market data and AI investment. "Everything that we've heard in the earnings reports would suggest that this carries on for now," he tells Bloomberg Television. (Source: Bloomberg)
British Engineering Firm Goodwin Starts Strategic Review
Goodwin Plc, a family-run UK engineering firm founded more than 140 years ago, has started a strategic review that may lead to the sale of a large chunk of a key business.

Why is Oxford BioMedica stock plunging today?
Persimmon: What We Think of the Stock After Earnings - Morningstar
Persimmon: What We Think of the Stock After Earnings Morningstar
Japan’s Biggest Insurers Post $96 Billion in Bond Paper Losses
Japan’s four largest life insurers reported that their combined unrealized losses on domestic bonds increased 7% in the three months through June, showing the risks to the industry from soaring interest rates.
UAE’s Adnoc Buys Tankers for $1.3 Billion as Crude Exports Boom
The biggest oil producer in the United Arab Emirates spent $1.3 billion to expand its tanker fleet to benefit from surging crude exports after the country left OPEC and pushed more of its oil through the contested Strait of Hormuz.
SK Hynix to Spend $38 Billion on Chip Fab Expansion in Korea
SK Hynix Inc. plans a 54 trillion won ($38 billion) expansion of its chipmaking facilities in South Korea, the memory chip maker said in a statement Friday.
Bridgerton's Adjoa Andoh on What Still Makes Her Nervous
Adjoa Andoh pulls back the curtain on Bridgerton, telling Mishal Husain it's still "nerve wracking" working on new scripts for Shonda Rhimes. (Source: Bloomberg)
Jury Out on Yen Before Crucial Jobs Data: 3-Minutes MLIV
Anna Edwards, Lizzy Burden and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Horizons Middle East & Africa 8/7/2026
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
India’s Forex Reserves to Rise to Near-Record High, Analysts Say
India’s foreign exchange reserves are expected to swell to a near-record high within weeks, driven by stronger capital inflows following a series of central bank measures, analysts said.
China’s Top AI Model Evaded Testing Environment, Researchers Say
Chinese firm Moonshot’s latest artificial intelligence model broke out of a cyber-testing environment, researchers said, in the latest incident that raises concerns about how well AI companies control their technology.
SK Hynix Flash Crash Spurs Nextrade to Tighten Trading Rules
South Korea’s Nextrade will temporarily prohibit orders placed at the daily price limit following recent flash crashes in SK Hynix Inc. shares during the pre-market session.

Bitcoin stalls at $64k as payrolls test looms

Bitcoin stuck in $63K-$65.5K range, ADX at 14: Live levels
Bond Traders Look to Jobs Data That May Tip Scale on Fed Hike
Bond investors are bracing for labor market data Friday, which could cool growing expectations the Federal Reserve raises interest rates at its next meeting in September.
Volkswagen Must Cut Costs Faster to Change, Chairman Says
Volkswagen AG’s majority owner urged Europe’s biggest carmaker to move quickly on cutting costs and excess capacity to return to competitiveness.
Iran War Takes Heavy Toll on Australia, New Zealand as Oil Soars
The war on Iran is hitting nations in Asia hard, with US partners Australia and New Zealand among those racking up billions of dollars in higher fuel import costs after prices spiked with the closure of the Strait of Hormuz.
Japan’s GPIF Posts $152 Billion Gain With Help From Stocks
Japan’s Government Pension Investment Fund posted a record gain in the three months ended in June as global and domestic stocks rallied, offsetting weakness from government bonds.
Iran Proposes a Deal Trump Will Have to Refuse | Insight with Haslinda Amin 8/7/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
German Industrial Production Increases for Third Month on Cars
German industrial production grew for a third month, another sign that Europe’s largest economy is resisting the drag from the Iran war.
Lazard Fund Beating 93% of Peers Adds Samsung During Memory Rout
The manager of a $9.6 billion Lazard Asset Management fund used the July plunge in Samsung Electronics Co. to add the stock to her portfolio for the first time in more than a year.
China's exports growth beats estimates in July, as AI-driven shipments surge
China's exports rose more than expected in July, as global demand for high-tech components continues to absorb the country's manufactured goods.
Europe Faces Climate Crisis Strain: Markets Snapshot
Amidst an already volatile economic and geopolitical backdrop, Europe is faced with a new a challenge in the form of an escalating climate crisis. Hot, dry weather across the continent has put communities under threat from deadly wildfires. Rivers and critical waterways are also in danger of falling water levels which could also cause disruptions to power facilities and fracture the transportation
French Jobless Rate Increases to Highest Since Late 2020
French unemployment continued to rise, reaching the highest level in almost six years.
Oil rises as Iran's draft plan sees U.S. and Israel banned from Strait of Hormuz
News of Iran's restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply disruptions.
Why Great Earnings Haven’t Been Good Enough for AI Hardware Stocks - Morningstar
Why Great Earnings Haven’t Been Good Enough for AI Hardware Stocks Morningstar
Allianz Profit Hits Record as Pimco Sees €32 Billion Inflows
Allianz SE, the owner of bond manager Pacific Investment Management Co., generated record profit in the second quarter while benefiting from investor demand for fixed income.
Lombardelli’s Low Profile Has BOE Watchers Asking: Where’s Clare?
One of the responsibilities Clare Lombardelli took on when she joined the Bank of England in July 2024 was to “communicate with authority and credibility to Parliament, the media, the markets and the wider public.” This year, the deputy governor for monetary policy has been unusually quiet.
Prabowo Readies Bank Indonesia Picks With Destry Favored
Indonesian President Prabowo Subianto is seeking to move quickly to finalize a list of candidates to lead Bank Indonesia, with Acting Governor Destry Damayanti the leading contender to take on the role permanently, according to people familiar with the matter.
South Africa Already Upgraded by Bond Market, Finance Chief Says
South African authorities are focused on hitting budget targets rather than pleasing credit-rating firms, according to the government’s top finance official — and the reward is a bond market that’s already pricing the country’s debt as investment grade.
India Okays Tax Breaks for Foreign Buyers of Government Debt
India’s lower house of Parliament on Thursday approved tax cuts for foreign investors buying sovereign debt, cementing measures aimed at attracting foreign capital into Asia’s third-largest economy.
The 72-hour crisis that could upend Meta’s business in India as firm risks losing legal protection
U.S. social media giant Meta is facing increasing pressure from Indian regulators, including demands to revoke the firm's safe harbor immunity in the country.
Sweden Apartment Prices Fall the Most in a Year on Seasonal Lull
Apartment prices in Sweden declined last month by the biggest margin in a year, dented by a seasonal drop in activity after hefty gains in past months.
Chinese AI Chipmakers Poised to Gain From Beijing’s Tech Push
China’s AI chip designers are expecting bumper sales this earnings season off the back of Beijing’s push to get local firms to use homegrown components and reduce their reliance on American tech.
BMI's Chowdhury on Copper, Gold, Oil Markets
Sabrin Chowdhury, Head of Commodities Research at BMI, discusses the outlook for precious metals and oil markets following reports that Iran attacked “hostile targets” in the Strait of Hormuz. She speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade. (Source: Bloomberg)
China’s Trade Boom Survives Extreme Rains as AI Lifts Demand
China’s exports and imports managed to ride out the disruptions caused by extreme weather in July, as a global investment supercycle in artificial intelligence powers tech demand overseas and at home.
Micron’s stock falls but is spared the worst of the memory-chip selloff
Shares of Sandisk and Western Digital fell hard after investors were left unimpressed by those companies’ earnings reports.
‘He’s never been good with money’: If I set up an annuity for my brother, 65, would it jeopardize his Supplemental Security Income?
“I was shocked to learn that his monthly Social Security benefit will be only $700.”
Iran's chief negotiator accuses Trump of 'theater diplomacy' with Hormuz traffic near standstill
The conflict is broadening across the region, with Gulf energy infrastructure and key shipping chokepoints under renewed threat.
Philippine Growth Unexpectedly Slumps to 2.3% as War, Graft Sap Demand
Philippine economic growth unexpectedly slumped in the second quarter as consumers cut back and investment shrank, prompting officials to pledge more state spending to spur a rebound. The peso fell.