Gold Prices Rise Amid Geopolitical Tensions, MCX and Over International Markets Surge

Gold Prices Rise Amid Geopolitical Tensions, MCX and Over International Markets Surge

Gold Prices Rise Amid Geopolitical Tensions, MCX, and Over International Markets Surge: In early trading today, gold prices rose due to rising tensions around the globe, including the Russia-Ukraine and Israel-Hezbollah cease-fire violations. In the MCX, futures of gold for the December 2024 contract began trading higher at ₹ 76,334 per 10 grams but soon…

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Japanese Banks Stand Firm with Adani Amid Scrutiny from Western Lenders

Japanese Banks Stand Firm with Adani Amid Scrutiny from Western Lenders

Japanese Banks Stand Firm with Adani Amid Scrutiny from Western Lenders: Despite facing US corruption charges, Gautam Adani’s corporation retains strong backing from Japanese banks, while Western lenders like Barclays and Jefferies review their ties. Sumitomo Mitsui Financial Group (SMBC), Mizuho Financial Group, and Mitsubishi UFJ Financial Group (MUFG) trust Adani’s long-term feasibility and are…

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Asia-Pacific Markets Mixed Amid China Profits and Australia Inflation Data

Asia-Pacific Markets Mixed Amid China Profits and Australia Inflation Data

Asia-Pacific Markets Mixed Amid China Profits and Australia Inflation Data: Asian and Pacific regions acted speculatively and volatilely on Wednesday due to the release of Chinese and Australian indicators. This came after Wall Street indices recorded their best performance, with the Dow Jones Industrial and S&P 500 hitting historical highs. Industrial profits for October in…

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Retail Investors Best Adani Stocks Ahead of US Bribery Allegations

Retail Investors Best Adani Stocks Ahead of US Bribery Allegations

Retail Investors Best Adani Stocks Ahead of US Bribery Allegations: India’s retail investors increased their stakes in Adani Group companies in the months before US authorities charged founder Gautam Adani with bribery, even as institutional investors reduced their exposure. According to Bloomberg data, retail holdings rose across eight of the group’s ten listed firms between…

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