Gold rises for first time in 4 weeks amid Israel-Hamas conflict. Can it shine some more?
The upcoming week will feature a series of speeches by Fed officials, including Fed Chair Jerome Powell, along with the release of US Retail Sales and Industrial Production data. Chinese GDP, fixed asset investment, and Retail Sales data are also expected to draw significant attention. With ongoing geopolitical tensions in the Middle East and fading […]
Tension in West Asia: Where are crude oil prices headed?
Prices clocked one-year highs at the end of September, driven by worries about supply shortages after a surprise extension of voluntary supply cuts by Saudi Arabia and Russia, but the momentum was short-lived. An unexpected buildup in US crude inventories and concerns over demand adversely hit the sentiments.
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Near-4,000% surge catapults one tiny biotech firm to record week
Shares of Tempest have come off that high in the two latest trading sessions as investor enthusiasm moderated and a broader market selloff in risky assets batters the high-risk biotechnology sector. The firm’s market value of $49 million on Friday remains more than 15-fold of what it was, before the jump.
Finolex Cables shareholders reject reappointment of Deepak Chhabria
A Supreme Court bench led by Chief Justice DY Chandrachud on Friday ordered scrutiniser VM Birajdar to disclose the results immediately and said the National Company Law Appellate Tribunal (NCLAT) can pronounce the judgement later.
G20 greenlights multilateral development bank reforms, crypto rules
They also adopted a road map for the regulation of crypto assets, marking significant progress on India’s G20 agenda. “…The G20 finance track saw key achievements in several areas of India’s presidency year,” said finance minister Nirmala Sitharaman on Friday, briefing reporters on the outcome of the fourth and last G20 FMCBG meeting under India’s […]