By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) - India's central bank is easing restrictions on banks' arbitrage trades between the outright foreign exchange over-the-counter (OTC) and the non-deliverable forward (NDF) markets, four people familiar with the matter said. The…
SHANGHAI/SINGAPORE (Reuters) - Companies have scrambled to scuttle plans for initial public offering in China this year as the securities watchdog tightens rules on share listings in a bearish market. Forty-seven companies pulled their listing plans from China's stock exchanges…
By Akash Sriram, Harshita Mary Varghese and Joey Roulette (Reuters) -Shares of moon lander maker Intuitive Machines tumbled 30% in extended trade, wiping out a Friday rally after the company said its spacecraft had tipped over shortly after touching down…
By Aditya Soni (Reuters) - Nvidia hit $2 trillion in market value on Friday, riding on an insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom. The milestone followed another…
(Reuters) - U.S. investors were net sellers of equity funds in the week to Feb. 21 as stubborn inflation reduced expectations the Federal Reserve would deliver a rates cut soon. They sold U.S. equity funds worth about $4.86 billion on…
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -AI chipmaker Nvidia's stunning results sparked a worldwide wave of record highs in equity markets on Thursday, including the first new peak for Japan's Nikkei since 1989, while bond yields mostly…
(Reuters) - Aerospace giants including Airbus, Boeing and GE Aerospace on Thursday announced the formation of a coalition that would aim to prevent unauthorized parts from entering the global supply chain. The move comes after jet engine maker CFM International,…
SAO PAULO (Reuters) - Automaker Hyundai Motor is planning to invest more than $1.1 billion in Brazil by 2032, Brazilian President Luiz Inacio Lula da Silva said on Thursday. The announcement came after a meeting between Lula and Hyundai's Executive…
By Herbert Lash NEW YORK (Reuters) -Treasury yields rose on Wednesday after minutes from the Federal Reserve's last meeting showed concerns about cutting interest rates too soon, while global shares closed flat ahead of Nvidia results that could determine the…
