Beyond the Buzz Into the Core
Japan faces rising inflation. Core CPI increased to 3.7% in May. Food costs are a major factor. Rice and chocolate prices rose sharply. Core-core CPI also climbed. The Bank of Japan is cautious due to tariff risks. Analysts predict a gradual moderation in inflation. Tokyo’s core inflation may slow down in the coming months.
Tolins Tyres Ltd on Friday announced that it has mopped-up Rs 69 crore from anchor investors ahead of its initial share-sale opening for public subscription. BofA Securities Europe SA, NAV Capital VCC, Chhatisgarh Investments, Ashika Global Securities, Moneywise Financial Services, Vikasa India EIF I Fund, Invicta Continuum Fund I and Steptrade Revolution Fund are the […]
Indian equities managed to end on a positive note on Wednesday after a volatile session, as cautiousness prevailed after India struck 9 terror camps across the border and LOC. Looking ahead, progress on the US-India trade deal is expected to provide near-term support, especially for export-driven sectors. Analysts said key geopolitical developments, corporate earnings reports, […]
Walmart kicked off U.S. retailers’ reporting season on Tuesday with robust fourth-quarter results after inflation-squeezed shoppers flocked to its stores, and said it would buy smart-TV maker Vizio for $2.3 billion. Shares in the retail giant rose 6% to a record high of $180.31 in early trading after it also gave an upbeat annual sales […]