Category: Business

Asian stocks: Japan’s Nikkei hits record high after Takaichi’s election win; yen weakens, markets mixed

Japan’s benchmark Nikkei 225 index surged more than 4% on Monday, hitting record highs after the ruling Liberal Democratic Party (LDP) elected Sanae Takaichi, an ultra-conservative and close ally of late Prime Minister Shinzo Abe, as its new leader, paving the way for her to become Japan’s first female prime minister.The Nikkei jumped 3.9% to […]

India, EU trade talks commence today

NEW DELHI: Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement today in Brussels to iron out differences on issues for early conclusion of the negotiations, an official said.This will be the 14th round of negotiations between the two sides. Commerce […]

Netflix vs Elon Musk: Streaming platform shares fall 5% in a week; here’s why Tesla CEO is not watching it anymore

Shares of streaming platform Netflix have tumbled almost 5% over the past 5 trading sessions ever since Tesla CEO Elon Musk has started urging his followers to boycott the company and cancel their subscriptions.Netflix shares fell on Friday, marking their biggest weekly decline since April, even as the broader market rallied. Though major indices rose […]

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