BENGALURU, Sept 23 Reuters Indian shares hit record highs on Monday, lifted by expectations of increased foreign inflows after last week39;s rate cut by the US Federal Reserve fueled riskon sentiment among investors. The Nifty 50 index and the SP BSE Sensex both rose about 0.4 each to hit record highs as of 948 a.m. IST. The […]

LONDON, Sept 23 Reuters British investment managers Legal General and Schroders are to invest hundreds of millions of dollars in commercial property in the United States, but are largely steering clear of the hardhit office sector, the companies told Reuters. The fund managers, which oversee more than 1.9 trillion pounds 2.5 trillion of assets between them, said […]

FRANKFURT, Sept 23 Reuters Shares of Commerzbank traded 3.1 lower on Monday after the government said that it would retain its 12 stake in the German bank for now in a move that will likely keep any merger with Italy39;s UniCredit on hold. Late on Friday, Germany39;s Finance Agency said the state will not sell any more shares in […]

Sept 20 Reuters Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provided an extra boost to the currency39;s upbeat trend. The pound briefly hit 1.33405, touching March 2022 highs for the third consecutive day, but pared earlier gains to 1.32975 . It gained 1.23 on the […]

BENGALURU, Sept 20 Reuters Indian shares surged to record highs and registered weekly gains on Friday, as an outsized interest rate cut by the U.S. Federal Reserve earlier in the week whetted investor risk appetite across global markets. The NSE Nifty 50 added 1.48 to 25,790.95 and the SP BSE Sensex gained 1.63 to 84,544.31, logging record […]

Sept 20 Reuters Canada39;s main stock index slipped on Friday, hurt by declines in energy and industrials shares, as investors paused a day after an oversized interestrate cut in the United States fueled broader gains in global markets. The Toronto Stock Exchange39;s SPTSX composite index was down 83.53 points, or 0.35, at 23,782.74, but was set […]

JOHANNESBURG, Sept 20 Reuters The South African rand softened on Friday, cooling off after strong gains in a week that saw interest rate cuts by both the U.S. Federal Reserve and the South African Reserve Bank, plus a local inflation print. At 1513 GMT, the rand traded at 17.53 against the dollar , about 0.3 […]

Mercedes drops after it cuts outlook, flags China weakness UK39;s Burberry slips after Jefferies downgrade Luxury goods sector drops over 2 STOXX 600 down 0.4 Sept 20 Reuters European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve39;s outsized interest rate cut, while shares of Mercedes were […]