Asian stocks decline, Swiss Franc dips on Donald Trump’s rariffs

The MSCI Asia Pacific Index dropped 0.5%, led by losses in South Korea. Contracts for the S&P 500 fell 0.3% while those for European stocks retreated 0.4%.

The MSCI Asia Pacific Index dropped 0.5%, led by losses in South Korea. Contracts for the S&P 500 fell 0.3% while those for European stocks retreated 0.4%.

FII exposure at the start of the August series is at a multi-year low for the Nifty. The 10% long exposure is the lowest since 2023.

Apple had warned of a $900 million hit in the most recent quarter due to tariffs during its May results. That figure stood at $800 million. Assuming no changes, the hit during the ongoing quarter is likely to be $1.1…

Amazon’s advertising business turned out to be the surprise package during the quarter with a 23% growth from last year, which also beat estimates.

Reliance Industries AGM 2025 date and time: RIL has also set August 14 as the record date to determine eligible shareholders to receive the final dividend for the financial year 2024–25.

The Labour Department reported Thursday (July 31) that jobless claims for the week ending July 26 ticked up by 1,000 to 218,000, less than the 225,000 new applications analysts forecast. It was the first time in seven weeks that benefit…

SEBI has proposed restructuring large IPO allocations, favoring institutional investors with a higher share while reducing retail investor quotas, citing stagnant retail participation despite soaring IPO sizes.

PB Fintech reported a total insurance premium of ₹6,616 crore for the first quarter, marking a 36% year-on-year growth, driven primarily by a 65% increase in online new health insurance. Core insurance revenue rose 37% year-on-year, while core credit revenue…

Coal India and GE Shipping posted steep profit declines in Q1, despite beating estimates. Eicher Motors, Chambal Fertilisers, and JSW Energy delivered strong performances, with robust profit and revenue growth. Swiggy widened its losses due to Instamart, even as revenue…

According to Bloomberg data, the US equity market remains the largest globally with a total valuation of $66.7 trillion, representing 49% of the global market cap. In contrast, China, the world’s second-largest equity market, commands a valuation of $11.5 trillion…