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Forex News
KKR To Invest $750 Mln In London-based Zenobe
Global investment firm KKR & Co. Inc. (KKR) announced Thursday it is investing approximately $750 million to scale London-based Zenobe, a market leader in transport electrification and battery storage solutions, to accelerate the global decarbonization of diesel fleets and provide grid services that are critical for the decarbonization of the energy sector.
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642 days ago
Sensex, Nifty Extend Gains Despite Weak Global Cues
Indian shares rose on Thursday to extend gains for a fifth day running despite weak cues from global markets.
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642 days ago
UK House Prices Log Biggest Fall In 9 Months: Halifax
UK house prices declined at the fastest pace in nine months in August as rising mortgage rates and high inflation continue to weigh on housing affordability and demand. House prices registered a monthly drop of 1.9 percent, following a 0.4 percent drop in July. This was the biggest fall since November 2022 and also marked the fifth consecutive decrease.
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642 days ago
European Shares Edge Up In Choppy Trade
European stocks were seeing modest gains on Thursday after declining for six straight sessions.
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642 days ago
FTSE 100 Slightly Higher In Choppy Trade
U.K. stocks edged higher on Thursday, after having opened lower earlier on concerns about inflation and interest rates.
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642 days ago
CAC 40 Edges Higher In Cautious Trade
French stocks were seeing modest gains on Thursday despite signs of weakening growth in China and Europe and uncertainty over interest rates.
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642 days ago
DAX Dips As Growth Woes Linger
German stocks slipped into the red on Thursday as weak industrial production data added to evidence of slowing momentum in Europe's largest economy.
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642 days ago
more news
Asian Shares Decline On China Slowdown Worries
Asian stocks drifted lower on Thursday after China reported weak trade figures for August, adding to worries about slowing growth in the world's second-largest economy.
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642 days ago
Chinese Yuan Falls To 10-month Low Of Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the late Asian session on Thursday.
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642 days ago
European Shares Seen Tad Lower As Inflation, Rate Worries Persist
European stocks are seen opening on a subdued note Thursday amid jitters over inflation and interest rate hikes.
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642 days ago
European Economic News Preview: Germany Industrial Output Data Due
Industrial production from Germany and house prices from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for July. Output is forecast to fall 0.5 percent on month, slower than the 1.5 percent decrease in June.
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642 days ago
Sensex, Nifty Open Lower On US Rate Worries
Indian shares opened on a sluggish note Thursday, mirroring weak cues from global markets as stronger-than-expected U.S. services sector data fueled concerns that U.S. interest rates may stay higher for longer.
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642 days ago
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight and reflecting ongoing concerns about the outlook for the global economy following the recent release of disappointing economic data across the globe. The spike in crude oil prices and the strength of the US dollar against major Asian currencies also weighed on sentiment.
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642 days ago
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