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GLOBAL MARKETS-Asian stocks slide as Fed hawkish comments raise fears
... TOKYO Reuters -- Asian stocks declined on Friday, extending a global equity slide to a third day, as investors fretted over the recession risks amid signs of more aggressive central bank policy tightening. After several Federal Reserve officials talked up additional rate hikes ahead of the U.S. jobs report later in the day, while rising crude oil prices compounded concerns about prolonged inflation. Japan's Nikkei dropped 0.7% as of 0130 GMT, back from a two-week high on Thursday. South Korea's Kospi ...
Updated: 10/07/2022
Qualcomm President, Cristiano Amon discusses 5G with PM Modi
... to 5 G devices. He believes 5 G could be an instrumental technology to propel the digital-industrial transformation of the country and create an opportunity for Indian companies to play a larger role in the global ecosystem. Amon said when you think about the rollout of 5 G and the development of 6 G , when you think about wireless technology and generation development, there is a graceful transition of technologies. We usually start developing a new G generation a decade before G is developed. ...
Updated: 10/07/2022
India’s FX strategists predict this year’
... median consensus showed a marginal recovery, but about 25% of strategists, 10 of 39, forecast the partially-convertible rupee to reach 82.5 and beyond. Nobody predicted that in a September poll. Asked what should be the best way to strengthen emerging market currencies against the dollar over the next six months, around 40% said central banks need to hike interest rates more aggressively. Slightly under one-third said there was nothing that could be done. Over 10% of economists believe central banks should ...
Updated: 10/07/2022
Chicago residents can apply for $500 per month guaranteed income
Residents in Cook County, Illinois, including the city of Chicago, can apply for a guaranteed income program that will pay $500 per month for two years. Residents in Cook County, Illinois, including the city of Chicago, can apply for a guaranteed income program that will ...
Updated: 10/07/2022
Biden says world risks nuclear armageddon
NEW YORK - US President Joe Biden said Thursday that the world risks nuclear armageddon for the first time since the Cold War and he is trying to find Russian President Vladimir Putin's off-ramp in the Ukraine conflict. NEW YORK - US President Joe Biden said Thursday that the world risks nuclear armageddon for the first time since the Cold War and he is trying to find Russian President Vladimir Putin 's off-ramp in the Ukraine conflict. Since Kennedy ...
Updated: 10/07/2022
Ukrainian President Zelensky meets with IAEA chief amid nuclear crisis
Ukrainian President Volodymyr Zelensky left the Ukrainian presidential press office to shake hands with International Atomic Energy Agency IAEA Director General Rafael Grossi during their meeting on October 6, 2022 in Kyiv, Ukraine. Ukrainian President ...
Updated: 10/07/2022
SEBI orders credit rating agency Brickwork Ratings to shut operations
... operations within six months, while barring it from taking on any fresh clients or business. The regulatory diktat came after a probe found deficiencies or violations, including failure to document meetings with management with site visits, failure to undertake independent analysis of projection provided by the issuer, delay in default recognition, material event delay and conflict of interest. Noticee Brickwork Ratings India Pvt Ltd will wind down its operations, including intimating its client about the ...
Updated: 10/07/2022
US, ROK begin maritime drills after missile launches off peninsula
... launched a pair of ballistic missiles into the sea on Thursday, and later flew warplanes near the border with the ROK . The US strike group participated in trilateral missile defense exercises with warships from Japan and ROK this week, while the DPRK launched a ballistic missile that overflew part of Japan. Senior defense officials from Japan, ROK and the United States discussed the latest developments in a call on Friday, condemning the DPRK launches and agreeing that recent maritime drills have improved ...
Updated: 10/07/2022
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