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Hong Kong stocks plunge more than 9%, biggest fall in 16 years
Hong Kong’s Hang Seng Index dived 9.41%, or 2,172.99 points, to 20,926.79. Hong Kong stocks plunged more than nine per cent on Tuesday…
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Saudi fund trims Nintendo stake after saying it wants more
Its ownership in the company falls to 7.54% from 8.58%, a filing to Japan’s finance ministry shows SAUDI Arabia’s sovereign wealth fund…
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Reliance Retail enters quick commerce, challenges Blinkit, Swiggy Instamart
4 min read Last Updated : Oct 08 2024 | 11:11 AM IST Reliance Retail, the country’s largest retailer, has officially entered the booming…
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Nykaa's share price falls despite strong Q2 update; check details here
2 min read Last Updated : Oct 08 2024 | 10:07 AM IST Shares of FSN E-Commerce Ventures, parent of e-commerce brand Nykaa dropped as much…
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Battery maker LG Energy profit declines as global EV sales slump
THE global slowdown in electric vehicle (EV) sales has hit LG Energy Solution, with the Korean battery maker’s third-quarter profit…
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FEMA continues pushback against false claims as Helene death toll hits 230
The cleanup and response to the storm that killed at least 230 people continued. (Photo: Reuters) 5 min read Last Updated : Oct 08 2024 |…
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Stock Market LIVE Updates: GIFT Nifty signals weaker open for India markets; Hang Seng declines 10%
Stock Market LIVE Updates, Tuesday, October 8, 2024: GIFT Nifty futures, trading around 100 points behind at 7:45 AM, from Nifty futures'…
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Gold flat as markets await Fed minutes
GOLD prices were flat in early Asian hours on Tuesday (Oct 8) as market participants awaited minutes of the US Federal Reserve’s last…
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Australia central bank discussed future cases for raising, lowering rates
AUSTRALIA’S central bank discussed scenarios in which the cash rate may need to be raised or cut in the future at the September policy…
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Banks tap Hong Kong’s discount window for most funds since 2019
HONG Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand…
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Naxalite killed in encounter with security forces in Chhattisgarh's Sukma
After the exchange of fire stopped, the body of a male Naxalite along with a firearm was recovered from the spot | Representative Image:…
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Samsung results disappoint as AI chip gap with rivals persists
SAMSUNG Electronics posted profit and revenue that fell short of market expectations, stoking uncertainty about the outlook of its pivotal…
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Samsung apologises for disappointing profit as it struggles in AI chips
SAMSUNG Electronics estimated on Tuesday (Oct 8) that its third-quarter operating profit jumped nearly four-fold but missed analysts’…
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Saudi Arabia’s PIF to take 40% share in Selfridges stores
SAUDI Arabia’s Public Investment Fund (PIF) is set to become a minority partner in department store chain Selfridges after buying out the…
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FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded…
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Singtel must show results from NCS, Optus divisions to drive further share price growth: analysts
They are also looking for potential expansion that emanates from big ticket deals, such as the data centre agreements announced earlier…
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Singtel must show results from NCS, Optus divisions to help fuel share price uptrend
Analysts are also looking for potential expansion from big ticket deals, such as the data centre agreements announced earlier this year…
Business
FPIs' holdings in Indian securities surpass $1 trillion for the first time
2 min read Last Updated : Oct 08 2024 | 12:06 AM IST Foreign portfolio investors (FPIs) have, for the first time, amassed holdings in…
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Bringing the momentum back to India, says Cognizant CEO Ravi Kumar S
Ravi Kumar S will complete two years as chief executive officer of Nasdaq-listed Cognizant at the turn of this year. The company grabbed…
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India's reformist attitude not seen in many countries: OECD Chief Economist
Premium Alvaro Santos Pereira, Chief Economist of Organisation for Economic Co-operation and Development (OECD) 4 min read Last Updated :…
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Northern Arc aims to raise Rs 1,000 cr through alternate investment fund
The AIF is targeting to invest in 45-55 entities across its four-year cycle. | Representative Picture 2 min read Last Updated : Oct 07…
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Life returns to normal in Pak's capital, Imran Khan's party ends protest
4 min read Last Updated : Oct 07 2024 | 11:42 PM IST Life was returning to normal in the Pakistani capital on Monday after the violent…
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US antitrust case accusing Amazon of stifling competition to move forward
Amazon has said in court papers it stopped using the program in 2019. | Photo: Shutterstock 2 min read Last Updated : Oct 07 2024 | 11:40…
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Amazon India launches safety, wellness initiatives for delivery associates
1 min read Last Updated : Oct 07 2024 | 10:40 PM IST Amazon India has launched ambulance services for delivery associates in partnership…