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Market News

Location American Market News for 28 October 2024

Gold Falls; U.S. Economic Data in Focus

Wall Street Journal - 28 Oct 2024 02:48
Gold was lower in early Asian trade. The market is awaiting a slew of key U.S. economic data this week.
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Nikkei Up 1.8%, Led by Electronics Stocks

Wall Street Journal - 28 Oct 2024 01:22
Japanese stocks were higher as increased political uncertainty diminished expectations for the Bank of Japan's further rate increases.
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USD/JPY Rises as BOJ Seen Less Likely to Raise Rates Soon

Wall Street Journal - 28 Oct 2024 02:17
USD/JPY was higher as heightened political uncertainty lowered expectations for the Bank of Japan to raise rates further for now.
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Ford is under pressure to perform following crosstown rival GM easily topping Wall Street's third-quarter expectations and raising key 2024 guidance targets.
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U.S. Natural Gas Futures Join Selloff Led By Oil

Wall Street Journal - 28 Oct 2024 15:43
U.S. natural gas was sharply lower, caught up in a broad energy selloff led by crude oil.
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Top 3 reasons to consider a personal loan for your financial needs Personal loans are versatile financial tools ideal for emergencies, home renovations, debt consolidation, and significant life events. However, borrowers must assess their financial situation and repayment capabilities b...
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Credit cards: How do air miles work and what are their benefits? Credit cards: Frequent travelers can earn air miles through credit card spending, especially with co-branded travel cards. These miles can be redeemed for flights, but do not equate to actual travel miles. Higher rewards...
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Credit cards: How to use them smartly without going overboard? 8 key tips Credit cards: During the festive season, prioritize joy and togetherness over spending. To avoid overspending, create a budget that aligns with your finances. Celebrating responsibly ensures lasting memories without jeop...
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ICICI credit cards introduce major changes effective November 15: What you need to know Credit Cards: ICICI Bank is restructuring its credit card rewards program effective November 15, 2024, increasing spend thresholds for benefits like lounge access and capping reward points for specific categories. Change...
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Contactless credit cards: From benefits to uses; all you need to know Credit cards: Contactless credit cards offer convenient, touch-free transactions, enhancing financial interactions. Users can make quick payments by tapping or waving their cards. It's essential to manage spending wisely...
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Home loans, car loans, FDs and more: Here are some festive bank offers Mint has compiled a list of banks and housing finance companies, in collaboration with BankBazaar, that are offering special offers this season.
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Rate cuts might reduce some yield-seeking behavior. But customers are still probably going to pay close attention to their cash.
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From Goa to Dharamkot: Inside the rise of co-living for India's remote workers With monthly stays costing as much as a metro apartment, co-living spaces are offering India's digital nomads the freedom to work and travel. Mint explores how this trend is reshaping remote work in India
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Why Apple's AI Success Hinges on the iPhone

Wall Street Journal - 28 Oct 2024 11:30
Big tech rivals can distribute AI widely through their services, while Apple's hardware-centric business needs its devices as the touchpoint.
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How can an NRI carry forward capital losses?

livemint.com - 28 Oct 2024 11:22
How can an NRI carry forward capital losses? Long-term capital losses can be set off only against long-term capital gains within eight years.
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Sebi extends insider trading rules to MFs: A move toward greater transparency and global standards Sebi will enforce insider trading regulations on mutual fund units, requiring enhanced compliance and monitoring measures. With significant implications for transparency and investor protection, this regulation marks a p...
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First-time buyers drive surge in home sales as landlords sell up First-time buyers are driving a surge in home sales as they benefit from an exodus of landlords from the property market.
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Credit Cards: Missed the deadline? Top 7 banks charge these interest rates for late payment Credit Cards: If you have used your credit card for making a payment and have missed the last date, you will be held liable for the payment of interest starting from the date of transaction.
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The Japanese government bond yield curve steepened in early Tokyo trading after Japan's ruling coalition lost its majority in the lower house of parliament at Sunday's general election.
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Oil Falls, Geopolitical Risk Premium Set to Ease

Wall Street Journal - 28 Oct 2024 03:07
Oil was trading lower in the morning Asia session as markets digested the latest developments in the Middle East.
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