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Asian stocks today: Markets majorly gain on hopes of US Fed cuts; Kospi adds 1.5%, Nikkei trims 200 points

Asian markets mostly traded in green on Monday, beginning the week on a positive note as investors remained cautious but optimistic, awaiting fresh signals from the US Federal Reserve. Attention is pinned on the minutes of the Fed’s December policy meeting, which is due for release on Tuesday. Meanwhile, recent strength in precious metals also…

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‘Santa Claus rally’: Asian markets edge higher amid thinned holiday trade; silver hits record high

Asian markets inched higher on Friday amid holiday-thinned trading, with several exchanges remaining closed for the Boxing Day holiday. Regional stocks extended gains after Wall Street ended the week at record highs, while most global markets were shut on Thursday for Christmas.Markets in Tokyo, Shanghai, Seoul and Taipei all posted gains. Japan’s Topix climbed to…

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US markets today: Wall Street holds near record highs in holiday-thinned trade; stocks mark time as Christmas closure nears

US stocks were largely steady on Wednesday, hovering close to record levels as investors navigated a holiday-shortened session ahead of the Christmas break.In early trade, the S&P 500 was flat, a day after closing at its latest all-time high. The Dow Jones Industrial Average edged up 51 points, or 0.1%, while the Nasdaq composite slipped…

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FTA commitments to unlock global markets for Indian professional services: Commerce Secretary

Commerce Secretary Rajesh Agrawal (ANI image) Legally binding commitments on professional services under Free Trade Agreements (FTAs) will unlock global markets for Indian professionals, said Commerce Secretary Rajesh Agrawal while inaugurating a “Chintan Shivir” on professional services. According to a Ministry of Commerce & Industry press release, the Department of Commerce organised the event on…

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US markets today: Wall Street holds near record highs; strong GDP growth lifts bond yields

US stocks were largely steady near record levels in early trade on Tuesday after government data showed the American economy expanded at a stronger-than-expected pace in the third quarter, pushing Treasury yields higher even as equity moves stayed muted in holiday-thinned trading. The S&P 500 hovered close to its all-time high set earlier this month,…

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Asian stocks today: Markets mostly in green on US rate cut hopes; HSI trades flat, Taiwan jumps over 150 points

Asian equity markets mostly traded in green on Tuesday, extending the upward rally as investors sentiments were eased by hopes of US interest rate cuts and a concerns around artificial intelligence cooled. At the same time, gold and silver climbed to fresh record levels, adding to the upbeat mood ahead of the festive break.Taiwan gained…

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