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LIVE MARKETS-There are Fed weeks where decades happen
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comTHERE ARE FED WEEKS WHERE DECADES HAPPEN As Vladimir Lenin had it, just as there are decades where nothing happens, there are we...
Reuters
18 minutes ago
India's Biocon gains after unit gets US FDA approval for bone treatment drugs
** Shares of Biocon BION.NS rise 2.2% to 362.05 rupees** Pharmaceuticals co's subsidiary Biocon Biologics gets U.S. Food and Drug Administration approval for Bosaya and Aukelso** Drugs are biosimilars of Denosumab, made by U.S. pharma firm Amgen AMGN.O** Bosaya approved for treatment of postmeno...
Reuters
25 minutes ago
HSBC cuts TP, earnings estimate on India's Page Industries; shares slide
** HSBC cuts target price on India's Page Industries PAGE.NS to 41,040 rupees from 41,070 rupees; re-iterates "reduce" rating** PAGE falls 2.2% ** New TP implies a 9.5% downside on last close ** Brokerage says PAGE's launch of JKY Groove, which targets younger consumers through athle...
Reuters
26 minutes ago
India's Natco Pharma rises after US FDA closes inspection without urging action
** Shares of Natco Pharma NATP.NS rise 3% to 883.20 rupees** U.S. Food and Drug Administration (FDA) completed inspection at its Hyderabad plant, classifying the facility as Voluntary Action Indicated (VAI)** VAI indicates the agency is not prepared to take or recommend any administrative or regulat...
Reuters
39 minutes ago
HK Movers | East Buy Surges 14%
East Buy shares jumped 14% in afternoon trading. The company's shares pulled back over 51% within 21 trading days after reaching a new high on August 19.
Tiger News
42 minutes ago
Crypto Daily | SEC Paves Way for Crypto Spot ETFs With New Listing Rules; Bullish's Earnings Beat Estimates
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsSEC Paves Way for Crypto Spot ETFs with New Listing RulesThe Securities and Exchange Commission voted on Wednesday to approve proposed rule changes by three nationa...
Tiger News
52 minutes ago
UK Stocks-Factors to watch on September 18
Sept 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.16%. * ANGLO AMERICAN: Brazil's antitrust watchdog CADE has dismissed an investigation into Anglo American's AAL.L plan to sell its nickel operations in the country to a uni...
Reuters
57 minutes ago
India's Hindalco falls after fire halts production at US unit
** Shares of Hindalco HALC.NS fall ~1% to 744.50 rupees** The miner said a fire halts production at aluminium recycling unit Novelis in Oswego, New York ** Co says the incident occurred on September 16 and no injuries were reported ** HALC, the second-heaviest stock in the Nifty Metal index .NIFTYME...
Reuters
an hour ago
Indian IT stocks rise to 8-week high on Fed rate-cut boost
** The Nifty IT index .NIFTYIT rises 1.3% and was the top percentage gainer among 16 major sub-indexes ** The index hits its highest point since late-July** IT stocks boost gains in blue-chip Nifty 50 .NSEI, which is up 0.4% .BO** The U.S. Federal Reserve cut interest rates by a quarter point on Wed...
Reuters
2 hours ago
MORNING BID EUROPE-There are Fed weeks where decades happen
A look at the day ahead in European and global markets from Gregor Stuart Hunter:As Vladimir Lenin had it, just as there are decades where nothing happens, there are weeks where decades happen. The same is broadly true in central banking, with this one towards the busier end of the spectrum.Markets ...
Reuters
2 hours ago
EMERGING MARKETS-Asian currencies retreat on Fed's measured approach; stocks steady
Philippine peso slips most in five weeksMSCI EM currency index slips from 10-week highIndonesia's stocks steady around an all-time highMSCI EM Asia stocks gauge at June 2021 peakBy Sameer Manekar Sept 18 (Reuters) - Asian currencies retreated against a buoyant U.S dollar on Thursday after the...
Reuters
2 hours ago
INDIA STOCKS-Indian shares advance on IT boost after Fed rate cut
By Bharath Rajeswaran and Vivek Kumar M Sept 18 (Reuters) - Indian shares climbed on Thursday, supported by information technology stocks, after the U.S. Federal Reserve cut interest rates by a quarter point, as expected, to bolster the labour market in the world's largest economy. The Nif...
Reuters
2 hours ago
UBS raises price target on India's DMart operator; shares climb
** UBS hikes Avenue Supermarts AVEU.NS PT to 5,600 rupees from 5,050 rupees, nearly 19% upside to last close; keeps "buy" rating** DMart supermarket chain operator's stock up 1.4% to 4,784.7 rupees ** Brokerage cites DMart's highest discount among peers at 21%, boosting customer loya...
Reuters
2 hours ago
INDIA STOCKS-Indian shares open higher led by IT after Fed rate cut
Sept 18 (Reuters) - Indian shares opened higher on Thursday, led by information technology stocks after the U.S. Federal Reserve cut interest rates by a quarter point in a bid to halt any slide in the labour market in the world's largest economy. The Nifty 50 .NSEI added 0.44% to 25,441.05 an...
Reuters
2 hours ago
HK Movers | Meituan Gains 3% as Analysts Say Food Delivery Subsidies Have Become More Rational
Meituan’s stock in Hong Kong rose more than 3%, bringing its cumulative gain for the week to over 12%.On the news front, Meituan’s international food delivery brand, Keeta, recently officially launched operations in Kuwait, making it the third Middle Eastern Gulf market for Keeta after Saudi Arabia ...
Tiger News
3 hours ago
INDIA STOCKS-India's equity benchmarks to open higher after Fed rate cut
Sept 18 (Reuters) - India's equity benchmarks are expected to open higher on Thursday after the U.S. Federal Reserve cut interest rates by a quarter point in a bid to halt any slide in the labour market in the world's largest economy.Gift Nifty futures GIFc1 were trading at 25,520.5 points a...
Reuters
3 hours ago
HK Movers | HKBN Surges 42% as Tender Offer Closes, China Mobile Hong Kong and Concert Parties Raise Stake to 78.08%
HKBN shares surged 42% in Hong Kong.On September 17, Hong Kong Broadband Network Limited (“HKBN”) and the offeror, China Mobile Hong Kong Company Limited, jointly announced that the share offer concluded at 4:00 PM on September 17, 2025, without any revision or extension by the offeror.As of 4:00 PM...
Tiger News
4 hours ago
GLOBAL MARKETS-Stocks churn as traders assess Fed outlook following rate cut
Fed's Powell signals cautious approach to further rate cutsGlobal stocks, currency markets tentative after Fed cut, assess future easing Bank of Canada cuts rates; New Zealand and Australia stocks falter By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) - Global stock markets were choppy o...
Reuters
4 hours ago
Australia's Hyterra rises, eyes increased US capital market visibility
** Shares of Australia's Hyterra HYT.AX rise 16.7% to A$0.021, logging their biggest intraday pct gain since August 18** Stock at its highest since September 8** Natural hydrogen producer says it has begun the process to secure quotation of the Company’s ASX-listed shares on the OTCQB Venture Ma...
Reuters
4 hours ago
HK Movers | Biotech Stocks Jump With Biocytogen up 11%
Biotech stocks surged in Hong Kong. Biocytogen Pharmaceuticals rose 11%, Duality Biotherapeutics rose 5%, Clover Biopharmaceuticals and XtalPi Holdings rose 4%, RemeGen rose 3%.
Tiger News
4 hours ago
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