Spurred by a penchant for betting, they are placing cryptocurrencies, instead of cash, with offshore bookmakers incorporated in Curacao, a South Caribbean island, to gamble in a slew of games – from poker and rummy to cricket and soccer.Read More
Indian equities surged to a 52-week high Monday, with the Nifty 50 just a percentage point away from its record high, as broad-based buying ahead of Diwali boosted risk assets that have had a rather circumspect run over the trailing 12 months.Read More
As Samvat 2082 begins with the Diwali Muhurat trading session, brokerages have unveiled their top festive picks including HDFC Bank, L&T, Adani Power, and Kaynes Technologies, citing India’s robust earnings outlook, liquidity support, and strong investor sentiment.Read More
U.S. stocks jumped on Monday with finance and technology shares providing much of the upside muscle, as upbeat quarterly earnings results revived risk appetite and investors grew less fearful about regional bank credit quality.Read More
Major stock indexes gained sharply on Monday with investors looking forward to quarterly earnings reports from big U.S. companies this week, while U.S. Treasury yields edged lower ahead of upcoming U.S.-China trade discussions.Read More
India’s stock exchanges are shifting the Diwali Muhurat Trading window to an afternoon slot for the first time in decades, marking the start of Samvat 2082. This auspicious one-hour session, traditionally held in the evening, aims to blend tradition with operational efficiency.Read More
The dollar edged higher against the yen on Monday as investors shifted their focus to political developments in Japan and the euro area, while U.S. credit risk concerns lingered.Read More
Asian stocks rose on Tuesday as the prospect of easing trade tensions between the world’s top two economies boosted risk sentiment, while the near-certainty of Sanae Takaichi becoming Japan’s next prime minister sent the Nikkei to a record high.Read More
Gold prices edged higher on Tuesday to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the U.S. Federal Reserve boosted demand for the precious metal.Read More
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