Asian Paints share price: The Bombay High Court dismissed Asian Paints plea to quash a CCI probe into alleged market abuse. The investigation, triggered by rival Birla Opus, accuses Asian Paints of unfair dealer practices to stifle competition.Read More
Nikkei in Japan reached a record high today, mirroring Wall Street’s performance. However, market caution limited further gains. Investors felt the market might be overheating. Wall Street saw record closes due to expectations of Federal Reserve interest rate cuts. Chip-related stocks and Fast Retailing contributed to Nikkei’s rise. SoftBank Group experienced a slight dip after a significant surge this week.Read More
South Korean shares surged to a record high, marking their best weekly performance in over 18 months, fueled by optimism surrounding artificial intelligence and domestic market reforms. Chipmakers like Samsung Electronics and SK Hynix led the gains, driven by anticipated demand from the global AI boom.Read More
US mortgage rates witnessed a drop this week. This is the lowest in almost a year. The decline happened before the Federal Reserve’s expected rate cut. The 30-year mortgage rate is now at 6.35 percent. Refinancing applications have surged. Experts suggest rates may not fall much further. The housing market could become more competitive.Read More
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