Global Market Shenanigans!
Thu, Feb 15, 2024 11:11 AM

Global Market Shenanigans!

A Flip by Shubhangi Gupta
Get it on Google Play
On Thursday, Asian stocks rose with the Nikkei hitting a new 34-year high and the dollar taking a break at its three-month peak. Data showed Japan's economy slipping into recession, casting doubt on plans for an early rate hike by the Bank of Japan. Investor expectations for an early Fed rate cut have also decreased after strong economic data caused persistent inflation.

More great flips

Sudarshan Pharma Industries Announces 10:1 Stock Split!

Sudarshan Pharma Industries Announces 10:1 Stock Split!

Today, shares of Sudarshan Pharma Industries Ltd plunged 2.07% to Rs 402.50 per share from its previous closing of Rs 411 per share with an intraday high of Rs 403 and an intraday low of Rs 393. The stock’s 52-week high is Rs 452.70 per share while its 52-week low is Rs 58.20 per share. The Board of Directors of the company approved equity share having a face value of R 10 each fully paid-up.

Open Flip
Brookfield India REIT's net operating income up 40% to Rs 486 crore in Q2

Brookfield India REIT's net operating income up 40% to Rs 486 crore in Q2

Brookfield India Real Estate Trust on Thursday reported a 40 per cent increase in net operating income to Rs 485.8 crore for the September quarter and announced plans to raise up to Rs 3,500 crore through issue of units to institutional investors to reduce debt as well as to fund future growth. In a regulatory filing, Brookfield India Real Estate Trust said its adjusted net operating income.

Open Flip
Slightly more American apply for unemployment benefits last week

Slightly more American apply for unemployment benefits last week

In response to weakening employment data and receding consumer prices, the Federal Reserve slashed its benchmark interest rate in September by a half a percentage point as the central bank shifted its focus from taming inflation toward supporting the job market. The Fed is hoping to execute a rare “soft landing,” whereby it brings down inflation without tipping the economy into a recession.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon