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Latest Articles in investors

Rio Tinto Chairman, Director, To Step Down After Rock Shelter Destruction

The destruction of the 46,000-year-old Juukan Gorge rock shelters last year sparked a public and investor uproar that led to the resignation of then CEO Jean-Sebastien Jacques and two deputies.

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Wall Street Ends Lower As Apple And Tesla Retreat

The S&P 500 on Monday logged its best day since June as markets cheered approval of a third COVID-19 vaccine in the United States and the U.S. House of Representatives' green light for a $1.9 trillion coronavirus relief package.

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Rupee Gains 18 Paise To Settle At 73.37 Against US Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.28 per cent to 91.29.

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Asian Shares Fall Amid China's Asset-Bubble Warning

Investors now eye China's annual session of parliament beginning on Friday, which is expected to chart a course for economic recovery and unveil a five-year plan to fend off stagnation.

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Firm US Dollar, Elevated Yields Push Gold Prices To 8-1/2-Month Low

Silver eased 1.6% to $26.06 an ounce, having earlier dipped to a near one-month low. Palladium slipped 0.2% to $2,345.67 and platinum fell 0.8% to $1,175.

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Wall Street Rallies On US Stimulus And Vaccine Hopes As Bond Markets Calm

Emerging market stocks rose 1.71%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.83% higher, while Japan's Nikkei rose 2.41%.

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Oil Extends Losses On Worry Over Possible Supply Increase From OPEC

OPEC oil output fell in February as a voluntary cut by Saudi Arabia added to reductions agreed to under the previous OPEC+ pact, a Reuters survey found, ending a run of seven consecutive monthly increases.

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Global Bonds Rally As Fed Rate Hike Bets Ease

Though they underperformed other regions, the U.S. benchmark 10-year Treasury yield was last down 2 basis points at 1116 GMT to 1.44%., while five-year bonds outperformed, with their yield down 7 bps.

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Gold Price Rises Rs 241; Silver Jumps Rs 781

Silver also jumped by Rs 781 to Rs 68,877 per kg, compared with the previous close of 68,096 per kg.

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Wall Street Week Ahead: Investors Weigh New Stock Leadership As Broader Market Wobbles

Economic improvement will be in focus in the coming weeks, including the monthly U.S. jobs report due next Friday, as will the country's ability to ensure widespread coronavirus vaccinations, especially as new variants emerge.

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ViacomCBS Touts 'Paramount+' To Investors After Mixed Earnings

ViacomCBS said it had amassed 30 million global paid subscribers to All Access and other streaming properties, including 19.2 million U.S. subscribers.

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Ark Invest Adds $124 Million Worth Tesla Shares

The fund has large positions in so-called momentum stocks, which tend to attract investors based on thematic trends rather than fundamentals or valuation.

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Zomato Raises $250mn In Funding From Tiger Global, Kora And Others

Zomato's FY20 revenue had jumped over two-folds to USD 394 million (around Rs 2,960 crore) from the previous fiscal, while its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) loss was at around Rs 2,200 crore in FY2019-20.

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India's Reliance Expects Approvals For O2C Business Spin-Off By Second Quarter

The company had initiated the process of spinning off the O2C business at a time when the COVID-19 pandemic has caused a slump in fuel demand and weighed on the segment's recent results.

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Malaysia's AirAsia Group Expects Fundraising Clarity Next Month, Eyes Recovery By 2023

AirAsia has raised 250 million ringgit from the first tranche of a recent private placement of up to 20% of its total issued shares, that was completed last week.

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