The almost 20% historical valuation discount for Qatar’s nine largest banks seems unwarranted given their balance-sheet strength and the country’s robust macroeconomic environment.

Elon Musk’s decision to postpone a meeting with Indian Prime Minister Narendra Modi comes at a crucial time for both leaders.

LONDON, May 1 Reuters The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed. The dollar gained over 0.5 on Tuesday on the six currencies that […]

LONDON, May 1 Reuters The pound held steady on Wednesday as traders waited for the Federal Reserve39;s interest rate decision later in the day for hints about when U.S. borrowing costs might start to fall. Sterling was last effectively unchanged from Tuesday at 1.2488, after falling 0.55 the previous day as the dollar rallied on […]

FTSE 100 up 0.3, FTSE 250 flat Aston Martin drops after biggerthanexpected Q1 pretax loss Haleon falls after missing Q1 revenue estimates U.S. Fed policy decision due at 1800 GMT May 1 Reuters Britain39;s FTSE 100 rose on Wednesday after recording backtoback monthly gains, with investors awaiting the Federal Reserve39;s policy decision later in the […]

U.S. stocks drop 4.2 in April, worst month since Sept. Fed rate cut bets derailed by inflation Europe, emerging markets eyed as havens Big investors cut U.S. tech exposure, buy protection LONDON, May 1 Reuters Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in U.S. stocks and bonds […]

TOKYO, April 30 Reuters The yen dropped against the dollar on Tuesday, giving up some of its sharp gains the previous day sparked by suspected intervention by Japanese authorities. The currency was down 0.40 to 157.00 per dollar, but off its 34year low of 160.245 hit on Monday when traders say yenbuying intervention by Tokyo drove a […]

Previous Trading Days Events 29.04.2024 The yen dropped against the dollar yesterday quite heavily, wiping out some recent gains sparked by suspected intervention by Japanese authorities. Japanese authorities havent confirmed that they had stepped into the currency market in support of the yen, but markets remain on heightened intervention alert ahead of the Federal Reserves […]

MercedesBenz slips after Q1 earnings miss HSBC jumps after results, 3 bln in fresh buybacks Logitech shines on robust FY guidance, Q4 results EZ inflation, Q1 GDP data April 30 Reuters European shares edged lower on Tuesday as investors parsed a raft of mixed earnings reports from industry heavyweights like MercedesBenz and HSBC, while also […]

HSBC Holdings jumps on upbeat profit, 3 billion buyback Hargreaves Lansdown climbs on seeing good momentum in April FTSE 100 up 0.3, FTSE 250 adds 0.2 April 30 Reuters Britain39;s stock indexes rose on Tuesday and were set for their second monthly gain, driven by optimism over upbeat corporate earnings, while HSBC climbed after strong […]