business and finance

Australia Market surges on coronavirus treatment hopes

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.




business and finance

China Market extends gain

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.




business and finance

US Stocks tumble on profit booking

U.S. officials are beginning to explore proposals for punishing or demanding financial compensation from China for its handling of the coronavirus pandemic. The move could splinter already strained relations between the two superpowers at a perilous moment for the global economy. Senior officials across multiple government agencies are expected to meet Thursday to begin mapping out a strategy for seeking retaliatory measures against China, as per reports. Officials in American intelligence agencies are also involved in the effort. President Trump has fumed to aides and others in recent days about China, blaming the country for withholding information about the virus, and has discussed enacting dramatic measures that would probably lead to retaliation by Beijing.




business and finance

Japan Market closed for a national holiday

Asian stock markets fell sharply on Monday, 04 May 2020, as risk sentiment turned sour on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




business and finance

Australia Market ends higher in vlatile trade

Local shares fell in early trade on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




business and finance

China Market closed for Golden Week national holiday

Asian stock markets fell sharply on Monday, 04 May 2020, as risk sentiment turned sour on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




business and finance

US Market ends into positive territory

A ramping up of tensions between the White House and China over the origins and handling of the coronavirus pandemic weighed on markets around the world. The U.S. President Donald Trump said on Sunday that he believed that a mistake in China was the cause of the spreading coronavirus pandemic, though he did not present any evidence for the claim.




business and finance

US: Market extends gain on economy reopening hopes

U.S. stocks eked out a second consecutive day of gains as investors weighed a cloudy picture of the economy against U.S. businesses starting to slowly reopen after a period of stultifying coronavirus lockdowns.




business and finance

Japan Market closed for a national holiday

Asian stock markets advanced on Wednesday, 06 May 2020, as investors risk sentiments buoyed on tracking positive cues overnight from Wall Street after reports of easing of coronavirus lockdown restrictions in Europe and the U.S. Stocks also saw a modest boost from a rebound in oil prices.




business and finance

Australia Market ends softer

Banks stocks were lower. National Australia Bank ended the day 2.3% lower Westpac and ANZ both declined about 1.5% while Commonwealth Bank dropped 0.8%.




business and finance

US Stocks end mostly lower as a dismal ADP jobs report

The major averages finished the session on opposite sides of the unchanged line, as traders weighed optimism about some states reopening against some dismal employment data. The ADP jobs report showed that US companies lost 20.2 million jobs in April. The government's April jobs report is due Friday.




business and finance

Australia Market extends losses

The latest survey from the Australian Industry Group revealed that the services sector in Australia continued to contract in April, and at a steeper pace, with a Performance of Services Index score of 27.1. That's down from 38.7 in March and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.




business and finance

Japan Stocks end mostly lower amid continued coronavirus concern

Total 21 issues of 33 industry category of Topix index were in negative territory, with Air Transportation, Insurance, Land Transportation, Iron & Steel, Nonferrous Metals, and Oil & Coal Products issues being notable losers, while Other Products, Electric Appliances, Metal Products, Construction, and Pharmaceutical issues were notable gainers.




business and finance

US Stocks end higher

Markets drew some comfort from the latest round of economic results out of China. Data on Thursday showed an unexpected surge in export activity in the world's second-largest economy in April, growing 3.5% from the previous year




business and finance

Japan Stocks surge on easing coronavirus pandemic fears

Total 32 issues of 33 industry category of Topix index were in positive territory, with Iron & Steel, Nonferrous Metals, Marine Transportation, Land Transportation, Wholesale Trade, Real Estate, and Securities & Commodities Futures issues being notable gainers.




business and finance

Australia Market rises on ending coronavirus restrictions hopes

The Australian share market got a boost on hopes for an economic recovery at home after the government unveiled plans to end most coronavirus restrictions by July. Prime Minister Scott Morrison's announced a plan to ease social distancing restrictions in a three-step process, which would remove all curbs by July and get nearly 1 million people back to work amid a decline in coronavirus cases.




business and finance

China Stocks rise on US-China trade talks

The gains in Mainland China share market were driven by reports that top US and Chinese trade representatives discussed their Phase 1 trade deal earlier in the day, with China saying it would work with Washington to improve the atmosphere for implementing the Phase 1 trade deal signed this year. The officials also agreed to "strengthen cooperation on macro economy and public health."




business and finance

Hong Kong Market climbs 1%

The gains in Hong Kong share market were driven by reports that top US and Chinese trade representatives discussed their Phase 1 trade deal earlier in the day, with China saying it would work with Washington to improve the atmosphere for implementing the Phase 1 trade deal signed this year. The officials also agreed to "strengthen cooperation on macro economy and public health."




business and finance

Economic Survey has estimated 2019-20 GDP growth at 7%, say TV reports

General fiscal deficit in FY19 expected to be 5.8 per cent of GDP, compared with 6.4 per cent the previous year




business and finance

IRCTC IPO to open on September 30

Price band is Rs 315-320 per share




business and finance

IRCTC IPO opens on 30 Sept

Price band fixed at Rs 315 to Rs 320 per share.




business and finance

Vishwaraj Sugar Industries IPO opens on 30 Sept

Price band fixed at Rs 55 to Rs 60 per share




business and finance

IRCTC IPO subscribed 81%

Receives bids for 1.63 crore shares




business and finance

Vishwaraj Sugar Industries IPO subscribed 39%

Receives bids for 39.24 lakh shares




business and finance

IRCTC IPO subscribed 3.25 times

Receives bids for 6.55 crore shares




business and finance

Vishwaraj Sugar Inds IPO subscribed 62%

Receives bids for 61.98 lakh shares




business and finance

IRCTC IPO subscribed 111.84 times

Receives bids for 225.46 crore shares




business and finance

Vishwaraj Sugar Inds IPO subscribed 88%

Receives bids for 88.17 lakh shares




business and finance

IRCTC IPO ends with bumper subscription

Receives bids for 225.69 crore shares




business and finance

Vishwaraj Sugar Inds IPO subscribed 1.12 times

Receives bids for 1.12 crore shares




business and finance

Vishwaraj Sugar Inds subscribed 1.12 times

Receives bids for 1.12 crore shares




business and finance

CSB Bank IPO fully subscribed on day 1

Receives bids for 1.20 crore shares




business and finance

CSB Bank IPO subscribed over 4 times

Receives bids for 5.02 crore shares




business and finance

CSB Bank IPO subscribed over 86 times

Receives bids for 100.32 crore shares




business and finance

CSB Bank IPO ends with robust subscription

Receives bids for 100.44 crore shares




business and finance

Ujjivan Small Finance Bank IPO fully subscribed on day 1

Receives bids for 20.14 crore shares




business and finance

Ujjivan Small Finance Bank IPO subscribed 4.67 times

Receives bids for 57.92 crore shares




business and finance

Ujjivan Small Finance Bank IPO subscribed 165.55 times

Receives bids for 2,052.12 crore shares




business and finance

Ujjivan Small Finance Bank IPO gets strong demand

Receives bids for 2053.80 crore shares




business and finance

Prince Pipes and Fittings IPO subscribed 28%

Receives bids for 55.57 lakh shares




business and finance

Prince Pipes and Fittings IPO subscribed 74%

Receives bids for 1.45 crore shares




business and finance

Prince Pipes and Fittings IPO subscribed 2.21 times

Receives bids for 4.37 crore shares




business and finance

SBI Cards IPO begins on strong note

Receives bids for 92,03,980 lakh shares by 11:45 IST




business and finance

SBI Cards IPO subscribed 39%

Receives bids for 3.94 crore shares




business and finance

SBI Cards IPO subscribed 87%

Receives bids for 8.75 crore shares




business and finance

Antony Waste Handling Cell IPO subscribed 9%

Receives bids for 4.29 lakh shares




business and finance

SBI Cards IPO subscribed over 15 times

Receives bids for 155.35 crore shares




business and finance

Antony Waste Handling Cell IPO subscribed 13%

Receives bids for 6.45 lakh shares




business and finance

SBI Cards IPO subscribed over 22 times

Receives bids for 225.08 crore shares




business and finance

SBI Cards IPO subscribed 22.45 times

Receives bids for 225.09 crore shares