Indian shares hit new record highs on Monday, with buying seen across the board after many exit polls predicted a clean sweep for the BJP-led NDA in the Lok Sabha Elections 2024. A summary of exit polls project the NDA could win between 355 and 380 seats in the 543-member lower house of parliament. Vote...
Honeywell International Inc. (HON) announced Monday the completion of its acquisition of Carrier Global Corp.\'s (CARR) Global Access Solutions business for $4.95 billion. The acquisition positions Honeywell as a leading provider of security solutions for the digital age with opportunities for accelerated innovation in the fast-growing, cloud-based services and solutions space. Global Access Solutions enhances...
The U.S. dollar moved down against its major counterparts in the New York session on Monday, following the release of weaker-than-expected ISM manufacturing PMI data for May. The ISM Manufacturing PMI edged down to 48.7 in May from 49.2 in April, with a reading below 50 indicating contraction. Economists had expected the index to inch...
The Canadian market is down firmly in negative territory Monday afternoon with energy stocks reeling under sustained selling pressure on weak oil prices. A few stocks from healthcare and industrials sectors are also sharply lower. The mood is quite cautious with investors looking ahead to the Bank of Canada\'s monetary policy announcement due on Wednesday....
After a positive start and a subsequent retreat that resulted in a fairly long spell in negative territory on Monday, U.S. stocks recovered in afternoon trades and ended the day\'s session on a mixed note. The Nasdaq outperformed, settling at 16,828.67 with a gain of 93.65 points or 0.56 percent. The S&P 500 edged up...
Australia is scheduled to release a batch of data on Tuesday, headlining a light day for Asia-Pacific economic activity, On tap are April figures for retail sales and Q1 data for current account and company profits. Retail sales are expected to add 0.1 percent on month after slipping 04 percent in March. The current account...
The Canadian market ended notably on Monday, after staying weak right through the day\'s session due to sustained selling in energy stocks. The mood was cautious with investors awaiting the Bank of Canada\'s interest rate decision later this week. The Europen Central Bank, scheduled to announce its policy on Thursday, is expected to cut interest...
Ahead of Monday\'s holiday for Queen Suthida\'s birthday, the Thai stock market had turned lower again - one day after snapping the two-day slide in which it had stumbled more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,345-point plateau although it\'s likely to bounce higher again...
Indian shares are seen opening flat to slightly higher on Tuesday as investors await results of the country\'s general election. Vote counting begins at 8 am and a clear trend should emerge by noon. A summary of exit polls project the NDA could win between 355 and 380 seats in the 543-member lower house of...
Indian shares traded lower on Tuesday after witnessing a strong rally in the previous session on the back of robust GDP data and encouraging exit poll results projecting the NDA could win between 355 and 380 seats in the 543-member lower house of parliament. The benchmark S&P BSE Sensex was down 2,066 points, or 2.7...