Feedback | Thursday, September 19, 2024

May 21, 2024 10:55 AM

Global stocks inch lower, dollar firm as Fed focus intensifies; crypto soars

Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year. Japan's tech-heavy Nikkei edged higher though, driven by chip shares after the Nasdaq...

May 17, 2024 5:55 PM

Sea otters get more prey and reduce tooth damage using tools

Humans are not alone in the use of tools. Chimpanzees, for instance, crack nuts with stones and use sticks to get at tasty termites. Dolphins are known to employ sponges to protect their beaks while foraging. And a Galapagos Islands finch uses cactus spines to dig grubs out of holes. Sea otters als...

May 17, 2024 2:43 PM

China unveils ‘historic’ steps to stabilise crisis-hit property sector

China on Friday announced "historic" steps to stabilise the crisis-hit property sector, allowing local governments to buy "some" apartments, relaxing mortgage rules and pledging to deliver unfinished homes. Investors hoped the measures marked the beginning of more decisive government intervention t...

September 16, 2024 5:57 PM

PM Modi to hold public rally in Maharashtra

Prime Minister Narendra Modi is scheduled to hold a massive public rally in Mumbai's Shivaji Park on Friday, drawing thousands of supporters. Maharashtra Navnirman Sena (MNS) chief Raj Thackeray is set to share the stage with the PM, further boosting the Bharatiya Janata Party's (BJP) prospects in t...

September 16, 2024 6:17 PM

Nifty, Sensex dip in early trade

Indian benchmark indices started Friday's trading session on a muted note, influenced by global cues. The Nifty 50 index declined by 29 points to 22,374.20 in the early trade while the BSE Sensex lost 149 points to 73,548 at the time of filing this report. Ajay Bagga, Banking and Market Expert, sai...

September 16, 2024 6:17 PM

Zoho plans $700 mln foray into chipmaking

Indian software firm Zoho is planning a foray into chipmaking and seeking incentives from the federal government, two sources with direct knowledge of the proposal said, with one of them pegging the investment plan at $700 million. Zoho, established in 1996 and now headquartered in India's Tamil Na...

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