JAKARTA: Indonesia’s financial services regulator has allowed listed companies to buy back their stocks without shareholders’ approval, while the central bank conducted “bold” currency intervention to calm markets, officials said on Wednesday. The moves came after the main stock index fell as much as 7.1% on Tuesday, pressured by concerns over the government’s policy, fiscal
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 22,834.30, while Sensex ended at 75,301.26. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,443.05 points away from its record high of 26,277.35.
SINGAPORE – U.S. digital infrastructure company Equinix said on Tuesday that it has issued S$500 million ($375 million) in green bonds in its inaugural offering in the Singaporean market. The Nasdaq-listed company said in a statement it intended to allocate an amount equal to the net proceeds from the green bonds to recently completed or
Gold rose to a record high above $3,028 an ounce as an escalation in Middle East tensions underscored its haven appeal, and investors weighed data that fueled concern the US economy is slowing down. Bullion climbed as much as 0.9 per cent as Israel launched military strikes on Hamas targets in Gaza, a move that
China”s economy continued to recover in the first two months this year as consumption and investment showed improvement, official data showed on Monday, making a steady start for 2025. Retail sales, a key measurement of consumer spending, surged 4 percent year-on-year over the January-February period, after the 3.7 percent rise in December. China’s value-added industrial
Wayne Lam, analyst director of mining research at TD Securities, shares his hot picks on gold miners. Bank of America Corp., Citigroup Inc. and Macquarie Group Ltd. have been vocal cheerleaders for gold during a breakneck rally that has taken prices to record highs above US$3,000 an ounce. With anxiety about the global economy growing,
The selloff that took the S&P 500 Index into a correction last week was notable for its relative calm. Now, as investors scour metrics of market sentiment and key price levels for hints of either a recovery or a further slide, they also need to watch a more nebulous aspect: market liquidity. Stock-market crises from
KUALA LUMPUR: A total of 5,272 youths below age 34 have been declared bankrupt from 2020 to this year, Youth and Sports Minister Hannah Yeoh says. She said that of the total, 5,189 were between 25 and 34, while 83 others were below age 25. “The trend of bankruptcy among youths shows an increase, with
In a sign of stress in the agriculture sector, scheduled commercial banks, excluding regional rural banks (RRBs), have seen a sharp increase of 42 per cent in bad loans Kisan Credit Card (KCC) accounts, a revolving cash credit facility offered to farmers, in the last four years. The outstanding NPA amount in the segment surged
Trevor Jennewine | The Motley Fool Historically, February in a post-election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market. Is the February dip a