Author: Ritu

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Amazon’s AWS Warning, PCE Ahead, European Economic Data – What’s Moving Markets

Amazon warns of a slowdown at its crucial cloud-computing division, while U.S. stock futures edge down after a fresh batch of other...

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Volvo Cars Plans Cost Cuts As First-Quarter Profit Drops

Sweden-based automaker Volvo Car Group reported a smaller-than-expected fall in first-quarter operating earnings on Thursday and said while...

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LG Display Talks Up H2 Recovery Hopes After 4th Straight Quarterly Loss

South Korean display panel maker LG Display (NYSE:LPL) on Wednesday pinned hopes for a second-half turnaround on the tech sector...

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Hyundai Motor Finalises $5 Billion US Battery Venture, Doubles Q1 Profit

South Korea’s Hyundai Motor Co said on Tuesday it had finalized a $5 billion electric vehicle (EV) battery joint venture in the U.S., as...

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Singapore March Core Inflation Rises 5%, Slightly Less Than Forecast

Singapore’s key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed on Monday. The core inflation...

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Gold Steadies Around $2,000 As Recession Fears Fuel Safe Haven Demand

Gold prices moved little on Friday, but stuck to key levels as a string of weak economic readings brewed concerns over slowing growth and...

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Asian Stocks Fall As Rate Hike Jitters Mount, China Leads Losses

Most Asian stock markets retreated on Thursday, tracking a weak lead-in from Wall Street as fears of rising interest rates and slowing...

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Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes

Gold prices fell slightly in Asian trade on Wednesday, but hovered around key levels as markets awaited more cues on U.S. monetary policy...

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Dollar Edges Lower; Chinese Growth Data Boosts Risk Sentiment

The U.S. dollar slipped lower in early European trade Tuesday, handing back some of the overnight gains as healthy Chinese growth data...

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Asian Stocks Flat, Chinese Markets Rise On Recovery Hopes

Asian stocks flat, Chinese markets rise on recovery hopes Most Asian stocks moved little on Monday tracking hawkish comments from Federal...

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