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Finance & Markets

Indian Markets Closed For Gandhi Jayanti

(RTTNews) - Indian markets remain closed today for Mahatma Gandhi Jayanti. Benchmark indexes Sensex and Nifty fell 0.8 percent and 0.9 percent respectively on Thursday to extend losses for a fourth straight session due to continued selling by foreign investors amid elevated oil p

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Samsung E&A Raises Third-Quarter Order Outlook

Kiwoom Securities forecasted on Sep. 2 that Samsung E&A's total order guidance for the third quarter will be upgraded to at least 16 trillion won ($12.31 billion).

  • Samsung E&A raises third-quarter order outlook to at least 16 trillion won.
  • Analyst Shin Dae-hyun confident in company's growth prospects.
  • Discussions underway to accelerate Ph1 production and start P6 construction.

Asian shares fall after wild swings in bonds, FX before US jobs data

SYDNEY: Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices elevated. Bond markets were again the centre of volatility overnight, with the benchmark 10-year US Treasury yields hitting the highest since 2002…

Fed's Logan calls for '50 bps or more' in rate hikes

WASHINGTON: The US central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy “modestly restrictive” and get inflation back on track to the Federal Reserve’s 2.0 per cent goal, Dallas Fed President Lorie Logan said on Thursday.

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