Wednesday 14 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*Global bits*

Nikkei hits fresh 33-yr high ahead of BOJ policy meeting

China, Hong Kong shares open higher after policy rate cut

Euro, sterling hover close to multi-week highs

U.S. short-term yields slip after hitting 3-mth top

Toronto market climbs to one-week high as U.S. inflation eases

UK's FTSE 100 gains as miners strengthen, offsetting services weakness

Gulf bourses gain on rising oil prices, Fed rate pause optimism

China's new bank loans picked up in May from the previous month, as the central bank kept policy accommodative to support the economy, but signs of slowing momentum have raised expectations that more stimulus may be needed to sustain the recovery.

Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas

Exclusive: SoftBank prepares new round of layoffs at Vision Fund

Wells Fargo CFO expects upside in net interest income

U.S. Bancorp CEO says economy heading for "moderate" recession

Dollar skids to three-week low as modest US inflation data reinforces Fed pause view

API shows U.S. crude, fuel stocks rose last week

Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China's central bank lowered a short-term lending rate for the first time in 10 months

OMV Petrom makes largest crude oil discovery in decades

IKEA is training call centre workers to become interior design advisers as the Swedish furniture giant aims to offer more home improvement services and hand run-of-the-mill customer queries to an artificial intelligence bot called Billie.

New Zealand's economy likely in recession as rate hikes take hold

HSBC to close New Zealand wealth and personal banking business

S.Korea's jobless rate falls to record low, factory sector still shaky

Investors may exit consumer goods firms over EU deforestation law

Domino's Pizza to shut 27 stores in Denmark, Australian arm

Fed still waiting on a core services price crash

German investor morale improves but challenges remain – ZEW

BoE's Bailey says data show labour market 'very tight'

Bank of England's Dhingra says effect of rate rises will be slow

Surprise UK wage jump raises likelihood of higher interest rates

Analysts bet bumper Turkish rate hikes on the way

Nigerian banking stocks rise 8% after central bank governor suspended

Finnair raises profit outlook on higher travel demand

US small business sentiment edges up in May, NFIB says

Indian shares rose as easing inflation boosts gains

Oracle beats quarterly revenue estimates on cloud services demand

BlackRock on Tuesday launched the "Brown to Green Materials Fund" targeting undervalued carbon-intensive companies that produce the raw materials and products driving the energy transition.

Source: Reuters
By: via Telegram.me/AlliesFin #StockMarket #india

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...