Asian stocks declined as semiconductor shares faced renewed selling pressure. Crude oil prices climbed higher due to fresh strikes in the Middle East. Government bonds in Australia and New Zealand opened higher after US inflation data. Traders reduced expectations for Federal Reserve interest rate increases this year. Investors assess if strong earnings can sustain the artificial intelligence rally.
HDB Financial shares jump 5% on Q1 profit cheer. What are Nomura, Motilal Oswal saying?
HDB Financial Services reported a strong June quarter with profit rising 38%. Net interest income increased 20%, and asset quality showed improvement. Assets under management