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Marketing

Fed cuts rates, notes labor market easing and solid economic growth

WASHINGTON: The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market...

Marketing

DBS Bank neutral on India but prefers small and midcaps

DBS Bank's Senior Investment Strategist Joanne Goh says they have a neutral stance on India but on a risk-adjusted basis, the preference is for...

Marketing

FII single-day buying hits 3-year high of Rs 14,000 crore. Is Fed turning foreigners ferocious buyers?

Encouraged by Fed's jumbo rate cut of 50 basis points, fall in US weekly jobless claims and FTSE rejig, foreign investors made their largest...

Marketing

Not saying mission accomplished on lowering inflation: Powell

The US central bank is increasingly confident that strength in the jobs market can be maintained with an "appropriate recalibration" of policy, said Federal...

Marketing

Why does RBI’s position on rate cuts remain difficult despite rising possibility of Fed rate cuts in September?

The US Fed is no longer cryptic about its stance on rate action. In its Jackson Hole speech, it clearly signaled its intent to...

Marketing

Alphabet drops 3% after report that US is mulling Google break-up, drags Wall Street

Wall Street's main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating inflation kept bets alive that the U.S. Federal...

Marketing

US Fed holds rates steady, nods to possible September cut

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next meeting...

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