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Australia stock market finished at highest levels in over a month on Thursday, 27 October 2022, as gains in commodity prices on the back of a weaker dollar helped lift miners and energy stocks, although weak performances among financials limited gains. At closing bell, the benchmark S&P/ASX200 index was up 34.26 points, or 0.5%, to 6,845.13. The broader All Ordinaries index added 37.18 points, or […]

The Indian rupee appreciated 34 paise to close at 82.47 (provisional) against the US dollar on Thursday as the greenback retreated from its elevated levels. At the interbank foreign exchange market, the local currency opened at 82.15 and witnessed a high of 82.14 and a low of 82.51. It finally settled at 82.47 against the American currency, registering a rise of 34 paise over its […]

At 82.3750 per Dollar

HKSTP Elevator Pitch Competition 2023 Invites Global Innovators to Tap into Hong Kong’s Boundless Investment and Asia Expansion Opportunities

On 1 November 2022

The domestic equity barometers ended with decent gains on Thursday amid mixed global cues. Realty, metals and oil & gas stocks advanced. On the other hand, IT, autos and financial shares were on the back foot. Trading was volatile due to expiry of monthly F&O contracts on the NSE. After opening at 17,771.40 mark, the Nifty 50 index slipped to the days low of 17,654.50 […]

The Reserve Bank of India (RBI) on Thursday said that the Monetary Policy Committee (MPC) will hold an additional meeting on 3 November 2022. Under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934, read along with the Gazette notifications S.O.2215(E) dated June 27, 2016 and S.O.1422(E) dated March 31, 2021 and the Regulation 7 of the RBI Monetary Policy […]

Mainland China share market finished session lower on Thursday, 27 October 2022, as bleak industrial profit figure and widening COVID-19 outbreaks weighed on sentiment. At close of trade, the benchmark Shanghai Composite Index fell 0.55%, or 16.60 points, to 2,982.90. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, dropped 0.64%, or 12.54 points, to 1,945.38. The blue-chip CSI300 index decreased 0.7%, or […]

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COMEX Copper futures eased from a three week top today, sliding on weak equities and a modest bounce in the US dollar index. The red metal had surged yesterday, breaking above $3.50 per pound mark following the recent drop in LME Copper inventories. However, the prices slipped today and the metal currently quotes at $3.50 per pound, down 1.16% on the day. Asian stocks witnessed […]