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Market News

Location American Market News for 12 November 2024

Nikkei May Trade Rangebound; Earnings in Focus

Wall Street Journal - 12 Nov 2024 01:51
Japanese stocks may trade rangebound as caution over domestic earnings continues despite a weak yen.
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Former Walmart Executive's Startup Near Deal to Buy Grubhub

Wall Street Journal - 12 Nov 2024 23:49
Marc Lore's Wonder is close to a deal to buy the food-delivery startup from Europe's Just Eat Takeaway.com.
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Same-store sales were better than feared, lifted by this summer's hurricanes in the U.S.
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Surging Defense Stocks Are Asia's Trump Trade

Wall Street Journal - 12 Nov 2024 16:00
Asian defense stocks have been on fire as global military spending rises. A second Trump presidency could keep them going.
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How social engineering scamsters have weaponized fear of the CBI, ED to defraud victims In recent months, many have fallen victim to financial cybercrimes: businessmen, retired and serving officers, housewives, and even an RBI official. Nobody is safe. The modus operandi is the same in most cases.
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Home Depot is mired in a sales slump as homeowners put off major projects.
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What the NFL Draft Can Teach Investors About Big Pharma

Wall Street Journal - 12 Nov 2024 14:00
AbbVie's deal flop and NFL high-profile draft busts have a lot in common.
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OPEC Trims Demand Forecast for Fourth Straight Month

Wall Street Journal - 12 Nov 2024 13:49
The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month after further delaying its planned output hike amid market concerns over weaker global consump...
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How can parents secure the financial future of a child with special needs? For parents of children with special needs, especially those with communication disabilities, ensuring financial security and sustained care is a top priority.
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The Outsider Trying to Restore Citi to Investment-Banking Glory

Wall Street Journal - 12 Nov 2024 12:30
Vis Raghavan, Citi's new banking head, is setting his sights on the buyout kings.
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European Gas Prices Near Year-to-Date Highs on Stronger Demand

Wall Street Journal - 12 Nov 2024 12:00
European natural-gas prices edged lower in early trade but still hovered around this year's highs as cooler temperatures and softer wind drive demand.
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The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.
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New Policy: IDFC Mayura and Ashva credit cards to charge joining fee before dispatch. Details here Credit cards: IDFC First Bank now requires an upfront joining fee for its Mayura and Ashva credit cards to discourage non-serious applicants. The fees are ₹2999 plus GST for Ashva and ₹5999 plus GST for Mayura, compl...
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Does this tax loophole in the National Pension Scheme help it trump mutual funds? Kurian Jose, chief executive of Tata Pension Fund, explains pros and cons of NPS Tier-2 funds for building a retirement corpus.
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Does your credit card offer trip cancellation insurance? Find out now Credit cards: Unexpected events like illness can force trip cancellations, risking lost funds. Trip cancellation insurance can help recover costs for non-refundable expenses.
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Women's financial literacy: What India can learn from Australia, Rwanda, Japan By gaining greater control over their finances, women can lift themselves and their families financially and reduce their vulnerability to economic hardship.
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Jeevan Pramaan Patra: Should 78 lakh EPS pensioners submit annual digital life certificate before November 30 India's Digital Life Certificate Campaign 3.0 is simplifying pension verification for millions, allowing pensioners to submit their life certificates online without visiting a bank. 
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Sovereign Gold Bond: SGB 2016-17 Series III value increases 160% in 8 yrs, RBI announces final redemption price and date Investors of the SGB 2016-17 Series III scheme can redeem their bonds at a 159% higher value in November, receiving ₹7,788 per unit. The bonds, issued at ₹3,007 per gram, provide interest at 2.50% per annum, payable ...
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Oil Edges Higher; Demand Forecasts in Focus

Wall Street Journal - 12 Nov 2024 03:19
Oil prices were up in early Asian trade. Concerns such as China's weak demand for oil have weighed on prices recently.
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Asian currencies consolidated against the dollar in the early morning Asian session but may weaken on Trump's pro-growth policies.
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JGB futures consolidated in the morning Tokyo session following the U.S. bond market holiday on Monday.
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Gold Edges Higher in Likely Technical Recovery

Wall Street Journal - 12 Nov 2024 02:09
Gold edged higher in the early morning Asian session in a likely technical recovery.
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