For Uniqlo’s Founder, Conquering America Is Personal
Tadashi Yanai champions the U.S. market as vital for Uniqlo’s growth, but remains deeply concerned about rising American protectionism. Source link
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‘Namaste…’: LG Electronics India MD Hong Ju Jeon’s Hindi speech wins applause; stock makes record debut with 50% premium
LG India MD Hong Ju Jeon (Screengrab-PTI) LG Electronics India made a striking debut on the National Stock Exchange (NSE) and BSE on Tuesday, but it was managing director Hong Ju Jeon’s decision to deliver his entire speech in Hindi that stole the spotlight.Jeon, who took charge as MD of LG Electronics India in January…
Powell Signals Fed on Track to Keep Cutting Rates
Jerome H. Powell, chair of the Federal Reserve, still sees labor market risks outweighing those posed by higher inflation tied to President Trump’s tariffs. Source link
LG Electronics India’s stellar 50% premium listing: $13 billion giant more valuable than South Korean parent! Top 5 takeaways
LG IPO performance stands as the most impressive among Indian offerings exceeding one billion dollars since 2021. (AI image) LG Electronics India on Tuesday had a stellar listing on the stock exchanges NSE and BSE, debuting at a whopping premium of 50% above its share price issue. Trading commenced at Rs 1,715 on BSE and…
Trump’s Trade War With China Catches the World in Its Crossfire
Tariffs and other restrictions between the United States and China are reverberating in unpredictable ways. Source link
US markets today: Stocks slip as China trade tensions flare up; tech and banking in focus
Wall Street stocks slipped in early trading on Tuesday as trade tensions with China resurfaced, putting pressure on major indices. The S&P 500 fell 1 per cent, the Dow Jones Industrial Average slipped 383 points or 0.8 per cent, and the Nasdaq composite shed 1.5 per cent as of 9:57 a.m. Eastern time, AP reported.The…
Big Banks Credit ‘Resilient’ Economy for Profit Growth
JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo reported strong earnings, mostly topping analyst expectations and showing broad growth. Source link
Tech Mahindra Q2 results: Net profit slips 4.44% to Rs 1,194.5 cr; revenue rises amid margin expansion
IT services major Tech Mahindra reported a 4.44 per cent decline in its net profit for the September quarter to Rs 1,194.5 crore, according to a company filing on Tuesday. The post-tax profit was lower than Rs 1,250 crore recorded in the same period last year, but slightly higher than Rs 1,141 crore posted in…
Global Growth Remains Sluggish as Tariff Threats Loom
The International Monetary Fund said the impact of trade tensions had been limited so far, but it expects growth to slow. Source link
Silver rate today: White metal hits lifetime high at Rs 1.85 lakh/kg; festive demand & weak rupee drive bullion rally
Silver prices soared Rs 6,000 on Tuesday to touch a lifetime high of Rs 1,85,000 per kilogram (inclusive of all taxes), extending their winning streak to the fifth straight session, according to trade data.The white metal had closed at Rs 1,79,000 per kg in the previous session. Traders attributed the sharp rally to strong festive…