Finance

Lack of depth in mid- & smallcap rally hints all’s not shining on D-Street

Mid-cap and small-cap indices have been on a blistering run so far in 2024, breaking new records and defying cynics. But beneath the...

Wall Street bankers beaten in ‘Smartest’ chess tournament

Forget M&A league tables. Wall Street banks took to the chessboard over the past few days to decide who is the brightest.Turns out,...

In South China Sea dispute, Philippines’ bolder hand tests Beijing By Reuters

By Karen Lema and Greg Torode MANILA/HONG KONG (Reuters) - Huddled in the presidential situation room in February last year, senior Philippines...

Heatwave horror: Over 550 pilgrims die during Hajj, majority Egyptians

Diplomats on Tuesday reported that a minimum of 550 pilgrims died during this year's hajj, highlighting the challenging conditions of the pilgrimage, exacerbated...

US soldier sentenced to nearly four years in Russia’s penal colony, Russian agencies report By Reuters

(Reuters) - A U.S. soldier who has been detained in the Russian city of Vladivostok on suspicion of theft and threats to...

Ship attacked by Yemen’s Houthi rebels in fatal assault sinks in Red Sea in second-such sinking

DUBAI: A bulk carrier sank days after an attack by Yemen's Houthi rebels believed to have killed one mariner on board, authorities said...

China to stick to supportive monetary policy, PBOC governor says By Reuters

SHANGHAI (Reuters) - China will stick to a supportive monetary policy stance, while conditions for the central bank to start trading in...

Bitcoin at one-month low in a broad crypto market selloff

Bitcoin touched a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.The...

Asian stocks rise on tech rally, Fed rate cut wagers By Reuters

By Ankur Banerjee SINGAPORE (Reuters) - Asian shares rose to their highest in three weeks on Wednesday, buoyed by a rally in...
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