The pound struggled to extend gains against the dollar on Monday, with GBP/USD failing to build on a modest intraday bounce as fresh US dollar buying capped its recovery.Optimism over a potential US-Iran nuclear deal faded quickly after renewed hostilities in the Strait of Hormuz and widening disagreements over Tehran’s…
Asian markets opened the week on a defensive note on Monday, with investors tracking a sharp rebound in oil prices and the latest escalation in US-Iran tensions.President Donald Trump’s rejection of Tehran’s latest peace proposal kept geopolitics front and center, while worries over the Strait of Hormuz reinforced the market’s…
SK Hynix stock surged to a record high on Monday, rising 12.52% to 18,71,000 won as renewed optimism around artificial intelligence spending lifted semiconductor stocks globally.The sharp move made the South Korean chipmaker one of Asia’s standout market stories, extending an extraordinary rally that has already seen the stock more…
State Bank of India stock fell nearly 4% on Monday after the lender missed fourth-quarter profit estimates and warned that a prolonged Iran war could weigh on loan growth, prompting investors to reassess the near-term outlook for the stock.The reaction reflected more than disappointment over one set of quarterly numbers.…
The Nikkei 225 Index remained at a record high on Monday, continuing a surge that started late March when it was trading at $50,613. It was trading at ¥62,677 as traders eyed major events this week. This article looks at some of the top catalysts that will move Japan stocks…
Reliance Jio Platforms has reworked the structure of its planned Mumbai initial public offering, switching to a fully primary share sale after existing investors decided against selling stock amid market uncertainty linked to tensions in West Asia.The revised plan means the offering will now be used solely to raise fresh…
US stock indices ended last week at record highs, helped by strong AI-driven earnings, encouraging economic data and a sharp drop in oil prices, according to Deutsche Bank. The rally pushed both the S&P 500 and the Nasdaq to fresh peaks, even as Treasury yields finished little changed as investors…
Shares of Tata Consumer Products surged about 7% on Monday, hitting their highest level in over two years, after the company forecast double-digit revenue growth for fiscal 2027 and reported quarterly earnings that surpassed analyst estimates.The stock rose as much as 6.90% during trading by midday, making it the top…
European shares were little changed on Monday as stronger economic data from across the region was offset by a rise in oil prices linked to stalled US-Iran peace efforts, leaving investors reluctant to push the market decisively higher.Britain’s FTSE 100 rose 0.1%, France’s CAC 40 fell 0.5% and Germany’s DAX…
The Indian Premier League is no longer being valued like a cricket tournament.It is being priced like a scarce, cash-generating media franchise with a captive audience, limited supply and growing institutional demand.That shift became unmistakable in 2026. Royal Challengers Bengaluru changed hands in a $1.78 billion deal in March, while…