Home

India Reports 94,052 New COVID-19 Cases
SC today said it will pass its order at 10.30 am on Tuesday on the Shiv Sena-NCP-Congress combine's plea against
Europe to Edge Lower Despite ECB Support
By Ritu, Capital Sands Asian shares made guarded gains on Monday as investors dared to hope for some progress in
the global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far.
Dollar Hits 2-Week Lows as Pandemic Fears Intensify
By Ritu, Capital Sands The dollar was marginally down on Friday and risk appetite boosted by statements from China on
By Ritu, Capital Sands Oil prices were toppled from their highest in nearly two months on Friday by doubts over
By Ritu, Capital Sands While the U.S-China trade war rages on, the tensions are exposing growing rifts between China and
By Ritu, Capital Sands  Gold prices inched up on Thursday, supported by concerns that U.S. bills on Hong Kong could
Oil majors slash 2020 spending by 20% after prices slump
By Ritu Capital Sands European stocks were on track for their worst day in six weeks on Wednesday, as a
By Ritu, Capitals Sands Asian shares stumbled on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of
Asian share markets were mixed on Tuesday, as another day awaiting clearer news on the progress of U.S.-China trade negotiations

Sensex Sheds Over 400 Points, Financial Stocks Trade Weak

By Administrator_ India Capital Sands The domestic stock markets have opened in the red, after closing at record highs on Friday, due to the emergence of profit-booking at high levels. At 9:30 am, the BSE Sensex was trading at 52,046.50, lower by 444.15 points or 0.88 per cent and the NSE Nifty was at 15,631.54, down 169.50 points or 1.5 ...
Read More

Dollar Down Over Higher-Than-Expected Inflation Data

By Administrator_ India Capital Sands The dollar was down on Friday morning in Asia after the U.S. posted higher-than-expected inflation data in May. The USD/JPY pair inched up 0.08% to 109.40, with a new analysis saying another COVID-19 surge could come in Japan with or without the Olympics. The AUD/USD pair inched up 0.04% to 0.7755 as Australia is working ...
Read More

India Reports 94,052 New COVID-19 Cases

By Administrator_ India Capital Sands India reported 94,052 new COVID-19 cases and 6148 new deaths today. The country has so far reported a total of 2,91,83,121 cases and 3,59,676 deaths. India's test positivity rate (positive cases identified for every 100 tests) continues to decline. It stands at 4.69 percent, the third straight day that it is below the 5 per ...
Read More

Asian Stocks Mixed, Investors Await Further Inflation Clues

By Administrator_ India Capital Sands Asia Pacific stocks were mixed Tuesday morning, but moves remained small. Investors continue to await further clues on the inflation outlook as the global economic recovery from COVID-19 continues. Japan’s Nikkei 225 edged up 0.16% by 10:32 PM ET (2:32 AM GMT). The country released its GDP earlier in the day, which contracted 1% quarter ...
Read More

Toshiba to buy back 6% of shares

By Administrator_India Capital Sands Toshiba Corp said on Monday it will buy back up to 6% of its outstanding shares worth around 100 billion yen, in line with its plans to boost shareholder returns. The Japanese industrial conglomerate will also allocate about 50 billion yen to pay a special dividend as "some shareholders, mainly retail shareholders, prefer dividends", it said ...
Read More

Dollar on tenterhooks as payrolls test looms

By Administrator_ India Capital Sands The U.S. dollar wobbled above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month. Investors have bet on the dollar falling as the world recovers from the COVID-19 pandemic, but they have lately grown nervous over whether a ...
Read More

Tesla to buy more than $1 billion of Australian battery

By Administrator_ India Capital Sands Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country's reliable mining industry and responsible production practices. Robyn Denholm, chair of the U.S. carmaker, said on Wednesday that Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to ...
Read More

Asia shares try to extend rally ahead of U.S. jobs test

By Administrator_ India Capital Sands Asian shares were trying to extend their recent rally to a third week on Monday in the hope U.S. jobs figures show the expected revival in hiring in May and keep the global recovery on track. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3%, having rallied 2.2% last week. Japan's Nikkei fell 0.7%, ...
Read More

Oil Up, Fueled by Continuous Increase in U.S. Fuel Demand

By Administrator_ India Capital Sands Oil was up Friday morning in Asia, ending the week by extending gains from the highest close in more than two years. Optimism as U.S. fuel demand continues to increase gave the black liquid a boost, even as concerns over a potential Iranian supply increase remained. Brent oil futures were up 0.40% to $69.48 by ...
Read More

Oil settles higher on stronger demand outlook as U.S inventories fall

By Administrator_ India Capital Sands Oil prices settled higher on Wednesday as a drop in U.S. crude stockpiles reinforced expectations of improving demand ahead of the peak summer driving season, offsetting worries that a possible return of Iranian supply would cause a glut. Brent settled up 22 cents, or 0.3%, to $68.87 a barrel, and U.S. West Texas Intermediate crude ...
Read More