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UMS posts 89% higher second-quarter profit, but AEM shares reverse 5.1% gains and join Frencken in retreat
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Retail fuel rates held steady on Friday, even as Brent crude price extended its decline. Check fuel rates in Delhi, Mumbai, Gurugram and other major Indian cities.
The proposed issue comes amid renewed activity in India’s primary market, with more companies returning to public markets after a subdued first half.
China’s central bank injected liquidity through overnight reverse repos on Friday, marking its first such operation in the middle of a month.
The USD/JPY pair loses traction to near 159.45 during the Asian trading hours on Friday. Softer US inflation reports and fears of currency intervention weigh on the US Dollar (USD) against the…
Didi faces domestic competition, including from Alibaba Group Holding’s Amap, but is estimated to hold over 70% of China’s ride-hailing market.
Korean shares opened sharply higher Friday, led by gains in major chipmakers, tracking an overnight rally in U.S. shares, as latest U.S. data eased woes over accelerating inflation.