BENGALURU, Jan 12 Reuters Indian IT companies rallied more than 4 on Friday after market leaders Tata Consultancy Services and Infosys posted betterthanfeared quarterly reports, easing some concerns about a sector grappling with fears of sluggish demand. Shares of market leader TCS rose more than 4, while No.2 Infosys jumped more than 6 after they reported biggerthanexpected […]

MUMBAI, Jan 12 Reuters The Indian rupee was trading higher on Friday, surpassing the 83level against the U.S. dollar, as traders capitalised on the opening decline to build bullish bets on the local currency. The rupee was at 82.9775 to the dollar at 1122 a.m. IST, up from 83.0275 in the previous session. The currency […]

Jan 12 Reuters Foreign investors made hefty investments in Japanese stocks in 2023, buoyed by optimism around corporate governance reforms and a weaker yen against the dollar. Japanese stocks accumulated about 6.3 trillion yen 43.39 billion worth of foreign inflows on a net basis last year, the biggest amount since at least 2014, according to […]

Hot money hoists Nikkei to almost 34year high Analysts see index overhauling 1989 peak this year Sharp gains defy caution in global equities SINGAPORE, Jan 12 Reuters Japanese stocks have made a blazing start to 2024, surging to threedecade highs as a weaker yen and expectations of interest rates staying low have reignited the strongest […]

LONDONTOKYO, Jan 12 Reuters The dollar held steady on Friday as traders weighed an ambiguous U.S. inflation report and tensions in the Middle East, where the United States and Britain launched air and sea strikes against Houthi targets in Yemen. The U.S. dollar index , which tracks the currency against six major peers, was flat […]

Airbus lands record orders in 2023, shares up French December inflation confirmed at 4.1 Luxury stocks decline on Burberry forecast downgrade Jan 12 Reuters European shares climbed on Friday as investors overlooked an escalation in the conflict in the Middle East and cheered interest rate cut prospects from the European Central Bank ECB, while shares […]

Focus on heightened geopolitical tension analyst Asian shares subdued, oil surges Market bets for 150 bps of U.S. rate cuts in 2024 IRPR U.S. PPI data due at 1330 GMT Jan 12 Reuters Gold prices rose on Friday as international strikes on Yemen added to fears of further escalation in the Middle East conflict, pushing […]

LONDON, Jan 12 Reuters Sterling was little changed on Friday, not far off its highest level in five months, after data showed British growth beat expectations in November but remained subdued over the last three months. The pound was last flat at 1.2753, close to the 1.2825 hit at the end of December, which was […]

Burberry tumbles on profit warning Vistry rises on upbeat demand outlook UK economy grew in November, but still risks recession FTSE 100 up 0.8, FTSE 250 adds 0.9 Jan 12 Reuters UK stocks climbed nearly 1 on Friday, underpinned by precious metals miners tracking bullion prices higher, and as investors cheered data that signalled the […]