CHINA HOUSING MARKET WEAKNESS
Siemens to cut 5,600 jobs in factory automation business
Siemens is cutting 5,600 jobs from its digital industries division due to weak demand in key markets like China and Germany. The decision comes as orders and revenue have significantly declined over the past two years. An additional 450 jobs will be reduced in the electric vehicle charging segment. The job cuts include 2,600 positions in Germany.
Gold, silver hit record highs; consolidation likely but bullish trend intact
Gold and silver prices surged to record highs, driven by trade tensions, inflation data, and a weaker dollar. While some consolidation is expected, the overall bullish trend remains intact, with investors advised to adopt a buy-on-dips strategy.
Sensex soars 1,131 points, Nifty tops 22,800. 8 key drivers fueling this rally
Indian stock markets extended their gains with the Sensex closing at 75,301.26 and Nifty at 22,834.30, driven by financials, metals, and auto sectors. Factors such as strong global cues, China's stimulus measures, and a weak U.S. dollar contributed to the rally. Investors anticipate steady rates from the U.S. Federal Reserve, Bank of Japan, and Bank of England.
Golden chance to buy gold & silver? Motilal Oswal recommends buying on dips
After the sharp rally, domestic brokerage Motilal Oswal believes gold and silver prices may experience some consolidation. However, the overall outlook for both remains bullish.
China, Russia eager to fill void as Trump axes US-funded media
President Trump aims to dismantle US-funded media including Voice of America, risking weakening the US's global media presence. This decision could benefit China and Russia, who are aggressively promoting their own propagandist narratives. Former US officials and experts warn that cutting these media resources aids adversaries, while global critics highlight VOA's unique reporting capabilities.
Structural, long-only money will come back to India, not China: Niranjan Avasthi
Niranjan Avasthi of Edelweiss MF highlights that while China offers tactical investment opportunities due to recent market rebounds, India remains a strong structural growth story. With the US market peaking, long-term capital is likely to prefer India's promising economy over Europe's catch-up phase or China's temporary gains. Indian markets are attractive with strong growth prospects.
- Go To Page 1
Oil prices muted as slowdown worries offset China data, Mideast risks
Oil prices remained largely unchanged in early trading on Tuesday as concerns over global growth, U.S. tariffs, and Russia-Ukraine ceasefire talks balanced out Middle East instability. Talks between Trump and Putin on ending the Ukraine war and their possible impact on Russian crude supply were closely watched by markets.
Global rebound enters day two, Wall Street lags
Global equity markets rose as investors bought undervalued stocks. Momentum indicators showed Wall Street was oversold. Temporary truce prospects in the Ukraine-Russia conflict provided marginal support to risky assets. Despite the rebound, lingering trade war uncertainties and weak U.S. economic data warrant caution. Japan's economic landscape and U.S. consumer balance sheets are influencing market trends.
GIFT Nifty up 120 points; here's the trading setup for today's session
Analysts expect the Fed to hold interest rates steady, maintaining its stance from the last meeting due to risk of inflationary pressure from the US tariff policies.
A push, but too little to move the dragon
China's new stimulus plans reveal an acceptance of economic structural adjustment needs. The measures target increased domestic consumption but lack detailed implementation plans and scale. Challenges include funding social security amid property market collapse and ensuring effective wage and interest rate adjustments. Additionally, plans to stimulate tourism and welfare do not sufficiently address the wider export surplus issues.
Here’s how housing market has reacted to Donald Trump’s tariffs — Impact on buyers and sellers, construction costs, mortgage rates
With tariffs looming and economic growth under threat, the U.S. housing market faces an uncertain 2025.
China's economy in trouble due to Donald Trump's trade war? Data shows 'weak' state of world's second-largest economy
Chinese authority has released data pertaining to the country's economy for the months of January and February. Here are key findings.
Blackstone strengthens India strategy with foray into housing property market
Blackstone Group is making its entry into India’s fast-expanding housing market, signaling a strategic shift after dominating the country’s commercial real estate sector. To start, the global investment firm will focus on the mid-income and premium housing segments.
Market Wrap: Sensex ends 341 points higher, Nifty above 22,500 led by banks, auto stocks
Indian benchmark indices ended in the green today (Monday, March 17) led by gains in bank and auto stocks while individually ICICI Bank and Axis Bank called the shots. Favaourable global cues also helped bulls consolidate their position.
China's economy improved at the start of 2025, but challenges remain
China's economy showed signs of improvement early this year, despite a weak housing market. Retail sales rose 4% and industrial production increased by 5.9% in the first two months. However, a complicated external environment and a real estate crisis continue to pose challenges.
US may be staring at a housing crisis, thanks to Elon Musk and DOGE
Elon Musk’s Department of Government Efficiency has halted affordable housing projects across the US, causing a surge in housing costs. The gap in housing supply is expected to widen, and affordability worsens as mortgage rates rise, further straining the already struggling housing market.
Why IT sector remains weakest link and investors should reduce exposure? Share.Market expert explains
The IT sector saw significant decline amid U.S. recession fears, while Nifty showed stability. Investments are advised to shift towards large-cap stocks for stability. Economic conditions remain volatile, affecting global markets differently and requiring careful monitoring.
Facing Trump tariffs, China outlines plan to bolster the economy
The initiatives seek to stabilize the stock and real estate markets, despite a struggling construction sector and weak retail sales.
China's new home prices decline in February as stimulus efforts fall flat
China's new home prices dropped by 0.1% in February compared to the previous month, as government measures failed to revive demand in the struggling sector. The year-on-year decline reached 4.8%, with resale home prices also falling across various city tiers.
US Fed interest rate decision, tariff-related developments to drive mkt movement this week: Analysts
The US Fed interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday.
BMW expects 1 billion euro hit to earnings as tariff war escalates
BMW anticipates trade tariffs will cost the company 1 billion euros in 2024, impacting its earnings margin. Tariffs, including 25% on steel and aluminium, and import tariffs on BMW vehicles to the U.S., are affecting global trade. Net profit fell by over a third due to weak sales in China and Germany. Investors were disappointed by the lower-than-expected margin forecast.
Apple’s iPhone 16e is outselling iPhone SE but won’t reverse China slide
Apple's iPhone 16e is seeing stronger initial sales compared to the third-generation iPhone SE in China but won't fully reverse Apple's expected 2% decline in sales there due to fierce competition from Android bolstered by government subsidies. Despite falling sales over the holidays, the company anticipates marginal revenue growth overall.
While Musk tries to save US govt $1 trillion, China is struggling to spend enough cash
China is grappling with underspending its budget due to local officials' concerns over investment returns amidst efforts to address a sluggish economy. Premier Li Qiang announced measures to empower cities to support the ailing property market, crucial for boosting public-sector income and meeting growth targets. Achieving the 5% growth goal remains uncertain without addressing these spending issues.
Is the UK still a rich country? Report reveals some regions are poorer than Slovenia and Malta
A recent NIESR report reveals that parts of the UK are now poorer than the least affluent areas of Slovenia and Malta, due to stagnating real incomes and insufficient welfare provision. Weak wages, poor housing affordability, and stagnant productivity have led to declining living standards.
Stock market update: Nifty Bank index advances 0.52% in a weak market
The Nifty Bank index was trading 0.52 per cent up at 48102.35.
Stock market update: Nifty Auto index advances 0.26% in a weak market
The Nifty Auto index was trading 0.26 per cent up at 20736.0.
Stock market update: Nifty Pharma index falls 0.57% in a weak market
The Nifty Pharma index was trading 0.57 per cent down at 20216.35.
Stock market update: Nifty Realty index falls 0.86% in a weak market
The Nifty Realty index was trading 0.86 per cent down at 821.6.
Load More
