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Indian shares are seen opening higher on Thursday, mirroring firm Asian cues as the Federal Reserve decided to keep its current ultra-loose monetary policy in place through late 2014 and a report showed South Korea’s economic growth accelerated at the fastest pace in a year on a quarterly basis in the January-March period due to [...]
Continue Reading →European shares are seen opening lower on Monday, extending Friday’s sell-off, as worries over global economic growth continue to haunt investors. After last week’s weak Chinese GDP data, South Korea’s central bank today lowered its forecast for economic growth this year, citing weaker-than-expected world economic growth and higher oil import prices.
Continue Reading →Indian shares rose modestly on Friday, with positive global cues and rising expectations for an interest rate cut next week underpinning sentiment. Asian markets are trading mostly higher, with key benchmark indexes in Australia, Hong Kong, Japan and South Korea rising between 0.8 percent and 1.6 percent, as data showing an uptick in U.S. jobless [...]
Continue Reading →Indian shares are seen opening higher on Wednesday, tracking firm Asian cues on the back of encouraging industrial production data from Japan and South Korea. The euro strengthened against the dollar, benefiting from optimism about the impact of the European Central Bank’s long term refinancing operation that begins today.
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