Bitcoin slides to six-week low amid ETF outflows, Iran tensions
Bitcoin slides to a six week low as US airstrikes on Iran, ETF outflows and macro pressures hit crypto markets.
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Gold sinks to 2-month low as US-Iran tensions stoke inflation fears
Spot gold was down 1.1% to $4,406.81 per ounce, as of 0236 GMT, falling to its lowest level since March 27. US gold futures for June delivery fell 0.9% to $4,404.90.
US Dollar near one-week high as US-Iran tensions flare, yen nears intervention zone
Dollar holds near one week high after US strikes in Iran, yen weakens toward prior intervention level, markets eye Fed core PCE data and possible BOJ rate hike. The dollar index was steady at 99.288, near its highest level since…
South Korean stocks at risk of ‘swift downside reversal’ as SK Hynix, Samsung dominate: BTIG
Analyst Jonathan Krinsky warns South Korea’s KOSPI rally is overly reliant on Samsung Electronics and SK Hynix, citing narrow breadth and risk of a sharp downside reversal.
Asia shares take a breather as Gulf hostilities drag on
Asian shares slip as a new US strike in Iran lifts oil and Treasury yields, investors eye US PCE inflation data and shifting Fed rate expectations, dollar firms, gold eases.
Ather Energy enters insurance segment with new subsidiary Ather Insurance
Shares of Ather Energy Ltd ended at ₹957.50, up by ₹6.95, or 0.73%, on the BSE.
PG Electroplast profit slumps 55% as weak AC demand, West Asia-linked disruptions hit business
The company said weak room AC sales, LPG shortages linked to the West Asia conflict and transport disruptions together impacted quarterly revenue by nearly ₹420 crore.
RITES signs MoU with Crisil to develop data-driven infrastructure consultancy solutions
Shares of RITES Limited ended at ₹206.25, up ₹1.05 or 0.51%, on the BSE, while shares of CRISIL Limited ended at ₹3,988.55, down ₹27.75 or 0.69%.
Enviro Infra subsidiary bags ₹207-crore hybrid renewable EPC contract
The contract has been awarded to Enviro’s step-down subsidiary Suyog Urja Ltd. Shares of Enviro Infra Engineers Ltd ended at ₹206.50, down by ₹0.95, or 0.46%, on the BSE today, May 27.
Dow jumps nearly 300 points to hit new record as oil prices retreat
US stocks opened higher on Wednesday as falling oil prices lifted sentiment, though sharp losses in cybersecurity shares kept broader market gains in check.