Bank Of Korea Halts Interest Rate Hike

South Korea’s central bank decided to hold its interest rate on Thursday, ending the tightening cycle that began 18 months ago, in order to assess the impact of past rate hikes. The Monetary Policy Board of the Bank of Korea decided to keep the Base Rate unchanged at 3.50 percent. […]

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U.S. Stocks May Regain Ground In Early Trading

Stocks may move to the upside in early trading on Wednesday, regaining ground following the steep drop seen in the previous session. The major index futures are currently pointing to a modestly higher open, with the S&P 500 futures up by 0.2 percent. Traders may look to pick up stocks […]

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Asian Shares Rise As Investors Await Fed Minutes

Asian stocks fell broadly on Tuesday as geopolitical tensions intensified and investors awaited the Federal Reserve minutes from the latest monetary policy meeting for directional cues. Geopolitical tensions remained in focus after U.S. President Joe Biden made a surprise visit to Ukraine’s capital Kyiv and China’s top diplomat Wang Yi […]

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As USD retreats, rupee rises 11 paise to 82.68

The rupee gained 11 paise to 82.68 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. Forex traders said sustained foreign fund outflows weighed on the local unit and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit […]

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