European Shares Slump on RiskOff Mood after US Selloff

Euro zone August business activity gains from Olympics lift Commerzbank slips as German government aims to reduce stake UK insurer Direct Line falls after profit miss STOXX 600 off 1 Sept 4 Reuters European stocks hit a twoweek low on Wednesday, as global markets were rattled by concerns of an imminent slowdown in the United […]
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US Lenders not on Insolvency Panel of Indias Byjus, Sources

NEW DELHI, Reuters U.S.based Glas Trust is not part of a key panel overseeing the insolvency proceedings of Indian educationtechnology giant Byju39;s, and will need to substantiate the 1 billion claim of lenders it represents, according to documents and three sources. Byju39;s was once a darling of global investors and valued at 22 billion in 2022, […]
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US Construction Spending Falls more than Expected in July

WASHINGTON, Sept 3 Reuters U.S. construction spending fell more than expected in July as higher mortgages and increased supply weighed on singlefamily homebuilding. The Commerce Department39;s Census Bureau said on Tuesday that construction spending dropped 0.3 after being unchanged in June. Economists polled by Reuters had forecast construction spending dipping 0.1. Construction spending increased 6.7 […]
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Indian Shares Hover near Record Highs ahead of US Data

BENGALURU, Sept 3 Reuters Indian shares steadied near record highs on Tuesday, ahead of a raft of data that may determine how deeply the U.S. will cut interest rates later this month. The Nifty 50 index was largely unchanged at 25,259.3 points, while the SP BSE Sensex dipped 0.1 to 82,490.79. The bluechip Nifty 50 gained 4.7 […]
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Gold Eases as Traders Wait for US Economic Data

US dollar holds close to twoweek high Gold could scale 2,640 this year analyst Platinum, palladium down 1 Sept 3 Reuters Gold prices eased on Tuesday, while investors awaited a slew of U.S. economic data to gauge the size of the Federal Reserve39;s expected interest rate cut this month. Spot gold fell 0.2 at 2,495.50 […]
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