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Indian Shares Rise, Lifted by U.S. Inflation Data

India's Sensex rose 1.1% to close at 65675.93, tracking gains across regional equity markets, which were spurred by softer-than-expected U.S. inflation…

South African Rand soared over 2% after U.S. inflation data

The South African rand soared over 2% on Tuesday as the dollar slumped after softer-than-expected U.S. consumer inflation data.

Analysts cut 2024 earnings outlooks for Asian firms amid China slowdown, Q3 profit gloom

Analysts cut 2024 earnings outlooks for Asian firms amid China slowdown, Q3 profit gloom

Prospects for robust earnings growth for Asian companies in 2024 look bleak as analysts are relentlessly cutting regional companies' forward 12-month earnings estimates due to China's faltering economy, disappointing third-quarter earnings, and a rise in interest rates. According to LSEG's IBES data, anal

Indian markets may underperform this week, believes Nomura. Here's why

In terms of sectors, Nomura suggests that as long as geopolitical concerns persist, stocks related to oil and energy, as well as telecom, may perform relatively well