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Barclays says Indian exports under 'serious threat' from US tariffs
** Barclays flags accelerating downside risk to India's economic growth from steep U.S. tariffs** Estimates 70% ($55 bln worth) of India's exports to U.S. under "serious threat"** Says 50% tariff firmly places India at disadvantageous position vs emerging market peers** Notes India&#...Reuters
5 minutes ago
Australian healthcare stocks drop on dismal earnings, regulatory hurdles
** Australian healthcare stocks .AXHJ fall as much as 1.4% to 39,660.1 points, its lowest level since April 24** Benchmark S&P/ASX 200 .AXJO up 0.2%** Shares of Ramsay Health Care RHC.AX plunge as much as 15.7%, its biggest-ever intraday pct drop, after the hospital operator posts a steep drop i...Reuters
12 minutes ago
NVIDIA Posts Strong Revenue and Profit Beat — So Why Did Shares Drop Over 5% After Hours? What Is the Market Worried About?
TradingKey - The much-anticipated Q2 2026 earnings report from NVIDIA (NVDA.US) is in:Revenue of $46.74 billion. Net income of $26.42 billion. Both figures surged over 55% year-over-year and exceeded analyst expectations. Yet, the stock plunged more than 5% in after-hours trading
TradingKey
13 minutes ago
Alibaba in Talks to Refinance $6.5 Billion Loan Amid Cloud and AI Push
Alibaba Group Holding Ltd. is negotiating with banks to refinance a $6.5 billion loan due next year, according to people familiar with the matter.The company is offering existing lenders a pricing of below 80 basis points over the Secured Overnight Financing Rate for a five-year revolving credit fac...Tiger News
15 minutes ago
HSBC says US tariffs to hit India's labour-intensive sectors, cut GDP
** US' 50% tariffs on Indian goods could cut GDP by 0.7 pct points if they stick for a year, HSBC says** Burden will be heaviest on labour-intensive sectors like jewelry, textiles and food items, says brokerage** Notes tariffs on India higher than on neighboring countries; expects "meaningfu...Reuters
48 minutes ago
EMERGING MARKETS-Asian stocks rise, currencies strengthen on Fed rate cut hopes
Korean won leads currency rally, up 0.4% vs dollarShanghai stocks outpace region with 0.6% advanceFed rate cut odds hit 84%, dollar weakens furtherBy Roushni Nair Aug 28 (Reuters) - Most Asian stocks inched higher and currencies regained some lost ground on Thursday, buoyed by a weakening U.S. do...Reuters
an hour ago
EMERGING MARKETS-Asian stocks rise, currencies strengthen on Fed rate cut hopes
Korean won leads currency rally, up 0.4% vs dollarShanghai stocks outpace region with 0.6% advanceFed rate cut odds hit 84%, dollar weakens furtherBy Roushni Nair Aug 28 (Reuters) - Most Asian stocks inched higher and currencies regained some lost ground on Thursday, buoyed by a weakening U.S. do...Reuters
an hour ago
MORNING BID EUROPE-Nvidia kills the buzz as profit merely awesome, not legendary
A look at the day ahead in European and global markets from Gregor Stuart Hunter Tech stocks are pulling back after Nvidia NVDA.O released earnings that any other CEO would probably kill for.The chip designer and AI bellwether reported a beat to analysts' estimates and forecast Q3 revenue th...Reuters
2 hours ago
India's SMS Pharma jumps after US FDA clears facility
** Shares of SMS Pharmaceuticals SMSP.NS jump 7.4% to 248.48 rupees; set for best day since late-April ** The U.S. FDA concluded inspection at its Hyderabad facility in Telangana state with no observations ** Stock on track for busiest trading session in two months, volumes at 7.7x the 30-day avg **...Reuters
2 hours ago
J.P Morgan sees India's hospitality sector gaining from GST cuts
** Brokerage J.P. Morgan sees India's hospitality sector gaining from proposed cuts to the nation's goods and services tax** Sees tax cuts driving up demand in mid-scale hotels which have lagged in performance** Luxury segments that see seasonal fluctuations could get higher occupancy levels...Reuters
2 hours ago
Gold Prices Soar — So Why Is the World’s Largest Gold Miner Cutting Jobs?
TradingKey - Despite gold prices hitting record highs, Newmont Corporation (NEM.US), the world’s largest gold miner, is under severe cost pressure and is now planning large-scale layoffs to reduce expenses.
TradingKey
3 hours ago
PRECIOUS-Gold holds ground as investors await US data for more Fed cues
US PCE data due on Friday Need to see data before considering rate cut - Fed official By Brijesh Patel Aug 28 (Reuters) - Gold prices remained stable on Thursday, as market participants held back from placing big bets ahead of U.S. economic data that could help shed further light on the Federal R...Reuters
3 hours ago
Berkshire raises stake in Japan's Mitsubishi to 10.23%
TOKYO, Aug 28 (Reuters) - Berkshire Hathaway, through its wholly-owned unit National Indemnity Company, has raised its stake in Japan's Mitsubishi Corp 8058.T to 10.23% from 9.74% previously, Mitsubishi said on Thursday.Berkshire previously raised its holdings in five Japanese trading houses inc...Reuters
3 hours ago
HK Movers | Meituan, Alibaba, and JD.com Sink as Competition Intensifies
China’s key players in the food delivery market fell in Hong Kong. Meituan dropped more than 11%, while Alibaba fell 4% and JD.com lost 3%.China's leading food delivery group Meituan posted an 89% drop in second-quarter adjusted net profit on Wednesday, hit by rising competition in the so-called ins...Tiger News
3 hours ago
Japan's Nikkei recoups losses as Nvidia's strong forecast lifts sentiment
By Junko Fujita TOKYO, Aug 28 (Reuters) - Japan's Nikkei share average reversed early losses to trade higher on Thursday, as investors awaited Wall Street's response to AI chipmaker Nvidia's strong quarterly outlook even as its Tokyo-based supplier Advantest edged lower. As of 0146...Reuters
4 hours ago
Zhihu Shares Surge After It Posts Better-than-Expected Earnings
Zhihu's stock price surged 7% in Hong Kong and 6% in U.S. overnight trading, drawing market attention. This upward trend is primarily due to the company's release of its second-quarter 2025 earnings report, which exceeded market expectations.The financial report shows that Zhihu achieved revenue of ...Tiger News
4 hours ago
Why Cracker Barrel's Stock Popped Today
Key PointsCracker Barrel now says it won't use its controversial new logo.The stock rose in response to the news.The publicity may offer a short-term boost, but long-term questions remain.10 stocks we like better than Cracker Barrel Old Country Store › Well, that was fast.Just one week after reveali...The Motley Fool
4 hours ago
24H | Trip.com Jumps over 8%; Tuya Gains Nearly 7%; SOXL, Super Micro Drop over 2%; Alibaba Falls 2%
Alibaba stock fell 2% in overnight trading. China's Alibaba is likely to highlight its artificial intelligence strategy with its quarterly results on Friday.The companies have invested billions of dollars into AI over the past three years following the global success of ChatGPT, hailing it as a key ...Tiger News
4 hours ago
GLOBAL MARKETS-Asia markets waver, Nvidia drops after earnings beat
Tepid gains for Asian stocks as U.S. futures fallNvidia's shares retreat as investors assess earnings, China outlookBank of Korea holds rates as expectedBy Gregor Stuart Hunter SINGAPORE, Aug 28 (Reuters) - Asian stocks wobbled on Thursday as blowout earnings from artificial intelligence bell...Reuters
4 hours ago
