Business News

Business

Indian Stock Market Opens Lower Amid Global Uncertainty

Indian equity benchmarks, BSE Sensex and Nifty50, opened lower on Tuesday amid global uncertainty. Analysts note resistance near 24,800 for Nifty and fluctuations in the India VIX....

Business

Walmart China Joins Forces with Meituan to Boost E-commerce Growth

Walmart China partners with Meituan to accelerate e-commerce growth, connecting its stores to Meituan's delivery ecosystem and expanding its Sam's Club presence in China.

Business

Top Brokerages' Stock Picks for December 17: A Deep Dive

Brokerages provide insights on stock recommendations, including 'sell' calls for Indian IT majors and 'buy' recommendations for PI Industries and Aurobindo Pharma. Also, BEML's upg...

Business

Philippine Central Bank Set to Cut Rates, Further Easing Expected in 2025

The Philippine central bank is expected to cut its key policy rate by 25 basis points on December 19th, driven by controlled inflation and a weakening economy. Further cuts are for...

Business

Singapore's Non-Oil Domestic Exports Surge in November, Defying Expectations

Singapore's non-oil domestic exports grew 3.4% in November, driven by electronics sector. Non-electronics exports declined, with major drops in pharmaceuticals and petrochemicals. ...

Business

Meta Settles Cambridge Analytica Scandal with Australian Watchdog for $31.85M

Meta Platforms settles with Australia's privacy watchdog for A$50 million over the Cambridge Analytica scandal, ending a lengthy legal battle. The scandal involved the disclosure o...

Business

Meta Settles Facebook Quiz App Privacy Breach for $32 Million

Meta Platforms settles a $32 million privacy breach case with the Australian Information Commissioner, ending proceedings related to Facebook's personality quiz app and the Faceboo...

Business

Rupee Tumbles to Record Low Amid Global Market Volatility

The Indian rupee closed at a new low of 84.86 against the US dollar, influenced by global factors including a weaker Chinese Yuan and rising US bond yields. Despite recent deprecia...