Fed rebuttal of rate cut bets keeps Europe39;s stocks subdued Hang Seng touches sixmonth top, yuan sets fourmonth high Oil bounces after heavy slide on recession angst Benchmark government bond yields tick higher after falls LONDON, Jan 5 Reuters Europe39;s markets suffered an early stumble on Thursday as a firm message from the Fed that […]

Jan 5 Reuters The Russian rouble showed positive dynamics against the dollar and the euro amid a rebound in oil prices in thin holiday trading on Thursday. At 0711 GMT the rouble gained 1.3 against the dollar to trade at 71.06 on the Moscow Exchange. Against the euro, the rouble was up 0.85 to 75.50 […]

Equity funds shed 6.26 bln stg in 2022 Calastone Record 1.17 billion stg of North American funds sold in 2022 Signs of optimism returned in Q4 but UK funds shunned Global ESG equity funds saw inflows LONDON, Jan 5 Reuters Investors sold a record 8.38 billion pounds 10 billion worth of UKfocused equity funds last […]

LONDONSINGAPORE, Jan 5 Reuters The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes. Details of the discussion from the central bank39;s December policy meeting, released on Wednesday, showed policymakers remain focused on curbing inflation and do not envisage interest rate cuts in 2023. Analysts said the […]

BENGALURU, Jan 5 Reuters India39;s bluechip Nifty 50 index ended below the 18,000 mark for the first time in nearly two weeks on Thursday as Bajaj Finance39;s disappointing quarterly update sparked a selloff in the highflying financials sector. The Nifty 50 index finished 0.28 lower at 17,992.15, closing under the key 18,000mark for the first time […]

The next phase of public-cloud services growth may be propelled by companies shifting more on-premise IT infrastructure to the cloud.

Enterprise resource planning (ERP) may be the next big growth driver in the Software-as-a-Service (SaaS) market.