Private Inspiration: Q&A with Lavanya Chari of HSBC
Lavanya Chari shares how client and staff engagements have evolved in a post-COVID world, and the importance of gender equity in driving better performance in an organization.
Bitcoin Crosses the Key $30000 Mark. Will it Sustain?
Bitcoin’s jump to a nine-month high is a sign that the medium-term downtrend in cryptocurrencies is changing. While the trend on the daily charts continues to be bullish, some short-term consolidation can’t be ruled out.
Natural Gas Price Setup: Downward Pressure is Abating
Natural gas prices are holding above strong support, raising the prospect of at least some consolidation /minor rebound as the downward momentum is fading.
India Rupee Weaker as Asian Foreign Exchange on Back Foot on Fed RateHike Bets
MUMBAI, April 10 Reuters The Indian rupee weakened against the dollar on Monday, along with most other Asian emerging market currencies after recent U.S. data bolstered bets of another Federal Reserve rate hike. The rupee finished at 81.98 per U.S. dollar compared with 81.8850 in the previous session. Importerled dollar demand pulled the currency down […]
Gold Eases on Strong U.S. Data, but Holds near 2,000 Pivot
March U.S. payrolls rise by 236,000 About 68 chance of Fed rate hike in May Focus on U.S. CPI data on Wednesday April 10 Reuters Gold fell on Monday after strong U.S. jobs numbers rekindled bets for another interest rate hike and buoyed the dollar, but persistent economic risks kept safehaven bullion near the 2,000 […]
FPIs Turn Buyers of Indian Stocks in March, but Remain Sellers for FY
BENGALURU, April 10 Reuters Foreign portfolio investors FPIs snapped their twomonthlong selling streak to turn buyers of Indian equities in March, despite offloading shares in the second half of the month, according to National Securities Depository Ltd NSDL data. FPIs offloaded shares worth 46.4 billion rupees on a net basis between March 1531, but were buyers […]
JPY Sinks as Rates Outlook Diverges; NZD Tumbles
TOKYO, April 10 Reuters The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for further Federal Reserve rate hikes, highlighting a growing disparity with Japan where the central bank continues to pin the benchmark yield near zero. Meanwhile, the risksensitive New Zealand and Australian dollars weakened amid heightened U.S.China […]
Chinas BYD Bets on SelfDeveloped Chassis Suspension System
SHANGHAI, April 10 Reuters China39;s BYD launched on Monday a new chassis suspension system as the electric vehicle maker ramps up efforts to move upmarket with premium products. The system, BYD DiSus Intelligent Body Control System, is similar to the chassis suspension systems available in premium and luxury cars, such as Porsche39;s Dynamic Chassis Control […]
Pioneer Natural Jumps on Report of Buyout Talks with Exxon
April 10 Reuters Pioneer Natural Resources Co39;s shares rose as much as 8.5 on Monday following a report that Exxon Mobil Corp held preliminary talks with the U.S. shale oil producer about a possible acquisition. Shares of Pioneer were up 6.5 at 221.74, while Exxon Mobil inched up 0.2 to 115.25. The Wall Street Journal had reported the news […]
SpaceX Starship Rocket Launch Slipping to Later in Apr, Musk
WASHINGTON, April 10 Reuters A key SpaceX Starship Super Heavy rocket launch test now is likely to take place later this month rather than sometime this week, the space company39;s CEO Elon Musk said on Monday. SpaceX envisions Starship as a fully reusable transportation system to carry astronauts and cargo to Earth orbit, the moon, […]