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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 64 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Friday, following heavy losses overnight on Wall Street that saw the tech-heavy Nasdaq Composite plunging nearly 4%. Markets in Hong Kong returned to trade on Friday after being closed for most […]

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The Labor Department released a report on Thursday showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 29th, the lowest reading in 3 weeks as demand for labour remains strong and the impact of the spread of the omicron coronavirus variant apparently starts to fade. The report showed initial jobless claims dipped to 238,000, a decrease of 23,000 […]

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