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Copper slipped in early Asia following a strong bounce of more than 2% overnight tracking positive equities and hopes of improving demand in China amid reports of potential easing in its covid-19 restrictions. However, a continued surge in treasury yields led to subsequent pullback by the markets. Concerns about the outlook for interest rates continue to drive yields higher, with Philadelphia Federal Reserve President Patrick […]

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Kousgi was previously the MD and CEO of Can Fin Homes Ltd.

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A report released by the National Association of Realtors on Thursday showed a continued decrease in U.S. existing home sales in the month of September. NAR said existing home sales slid 1.5 percent to an annual rate of 4.71 million in September after falling by 0.8 percent to a revised rate of 4.78 million in August. Existing home sales declined for the eighth consecutive month, […]

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The Federal Reserve Bank of Philadelphia released a report on Thursday showing a continued contraction in regional manufacturing activity in the month of October. The Philly Fed said its diffusion index for current activity inched up to a negative 8.7 in October from a negative 9.9 in September, but a negative reading still indicates a contraction. The uptick by the headline index partly reflected a […]

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Nestle India Ltd reported 18.3% growth in total sales revenues for the September 2022 quarter on consolidated basis at Rs4,591cr

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