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April 12, 2024
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
December 4, 2022
The OPEC+ alliance decided to maintain production at current levels, pausing to take stock of a global oil market that’s roiled by uncertainty over Chinese…
March 2, 2021
Volatility Spikes with Rising Rates Share Share The past two weeks have proven to be turbulent for most asset classes, save for a few widely held and widely traded commodities like lumber, copper and oil. Heading into last weekend — the final couple of trading days of February — bonds, gold and high price-to-earnings (P/E) growth stocks got crushed. Even Bitcoin has shed 25%, its worst week in a year, in what has been a wild ride, but a bullish one for those that can withstand huge pr...
February 26, 2021
MSCIs broadest index of Asia-Pacific shares outside Japan slid more than 3 per cent. The Indian equity benchmarks continue to witness intense selling pressure mirroring losses in other global markets as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets. The Sensex fell as much as 1,848 points or 3.6 per cent and Nifty 50 index plunged 3.6 per cent to hit an intraday low of 14,554. As of 12...