Asian stocks gain as Japan leads rebound on tariff talks

Shares in Japan and Australia advanced along with equity-index futures for the S&P 500 and the Nasdaq 100, both gaining more than 1%. Contracts for Hong Kong pointed to losses after a gauge of US-listed Chinese shares fell more than 5% after Trump threatened to slap additional 50% tariffs on China. Treasuries yields and the […]

Gold prices fall on profit-booking

Gold prices in Kolkata experienced a nearly 3% drop, falling to ₹88,401 per 10 gm, triggering a surge in demand from wedding shoppers and bullion investors. Jewelers anticipate a significant increase in sales volume this week, driven by the price correction and upcoming wedding season.

Local auto parts makers can look on the brighter side too

According to a report by Prabhudas Lilladher Capital, India exported $2.6 billion of automobiles and ancillaries to the US in FY24. The export of ancillaries at $2.1 billion was 80% of the category export to the US. A report by Crisil highlighted that the US forms a significant 28% of the auto component exports from […]

Liquid & arbitrage funds turn safer bets in tough times

Wealth managers say plain-vanilla arbitrage funds, liquid ETFs, and overnight or liquid funds are the best bets through the rough ride, garnering 6-7% annualised returns, and giving savers the flexibility to move to equities when the tide turns.