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Global Growth To Slow Amid Mounting Challenges, Says OECD
The global economy faces significant challenges as severe energy crisis pushed up inflation and lowered economic growth all around the globe, necessitating policy actions to combat inflation and targeted fiscal support to vulnerable section, the Organisation for Economic Co-operation and Development said in its Economic Outlook released Tuesday.
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1044 일 전
U.S. Dollar Halts Rally Against Majors
The U.S. dollar weakened against its major counterparts in the European session on Tuesday, as less hawkish comments from policymakers of the Federal Reserve weighed on the currency.
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1044 일 전
Sensex, Nifty Snap Three-day Losing Streak
Indian shares eked out modest gains on Tuesday, after having suffered losses in the previous three sessions on concerns over fresh COVID curbs in China and a hawkish Fed policy.
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1044 일 전
European Shares Rise In Cautious Trade; FTSE 100 Outperforms
European stocks traded mostly higher on Tuesday, with U.K. stocks outperforming as oil and mining stocks rebounded after suffering heavy losses in the previous session.
A cautious undertone prevailed due to uncertainty over Fed policy and fears over China's worsening COVID situation.
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1044 일 전
FTSE 100 Gains Led By Energy Stocks
U.K. stocks rose notably on Tuesday as oil and mining stocks rebounded after suffering heavy losses in the previous session.
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1044 일 전
CAC 40 Slides On China COVID Curbs
French stocks edged lower on Tuesday after China started reintroducing strict pandemic curbs to fight a spike in COVID cases across several cities.
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1044 일 전
DAX Little Changed In Cautious Trade
German stocks were little changed on Tuesday as investors digested mixed signals from ECB policymakers on the central bank's future interest-rate path.
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1044 일 전
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Asian Shares Mixed Amid China Growth Concerns
Asian stocks turned in a mixed performance on Tuesday as fresh COVID-19 outbreaks and strict pandemic measures stoked concerns that Beijing might slow the reopening of its economy.
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1044 일 전
Elon Musk Holds Off Twitter Blue Relaunch; Continues Layoffs
In the latest developments at Elon Musk's Twitter Inc., the relaunch of Blue Verified has been held off, and job cuts are being extended to include some employees in sales. In a tweet on Monday, Musk said, "Holding off relaunch of Blue Verified until there is high confidence of stopping impersonation. Will probably use different color check for organizations than individuals."
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1045 일 전
European Shares Seen Opening Up Despite Wall Street Slide
European stocks may open slightly higher on Tuesday even as fresh COID-10 curbs in several Chinese cities, including the capital, Beijing, added to concerns about an economic slowdown in the world's second-largest economy.
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1045 일 전
European Economics Preview: UK Public Sector Finance Data Due
Public sector finances data from the UK is due on Tuesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes unemployment data for October. The jobless rate was 6.7 percent in September.
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1045 일 전
Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were little changed in cautious trade Tuesday on concerns that rising COVID cases in China and strict pandemic curbs will weigh on global economic growth.
The benchmark S&P BSE Sensex edged up 80 points, or 0.1 percent, to 61,224 while the broader NSE Nifty index was up 23 points, or 0.1 percent, at 18,182.
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1045 일 전
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from global markets overnight, as imposition of stringent restrictions and lockdowns in several cities in China, including Shanghai and Beijing, amid a surge in new COVID cases raised concerns about the outlook for the global economy. Asian markets closed mostly lower on Monday.
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1045 일 전
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