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CAC 40 Down Nearly 0.5% At Noon

India, June 8 -- French stocks drifted lower on Monday as tensions in the Middle East, rising oil prices and fears of monetary tightening by the Federal Reserve rendered the mood bearish. Recent data... Read More


South Korea GDP Data Due On Tuesday

India, June 8 -- South Korea will on Tuesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 1.7 percent on quarter... Read More


Gold Dips Below $4,300 On Rate Hike Concerns

India, June 8 -- Gold prices fell below $4,300 an ounce on Monday as Middle East worries persisted and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. Spot... Read More


Iceland Trade Gap Narrows In May

India, June 8 -- Iceland's foreign trade deficit decreased in May from a year ago, preliminary figures from Statistics Iceland showed on Monday. The trade gap narrowed to ISK 56.6 billion in May from... Read More


Amazon Signs Multibillion-Dollar Fiber Deal With Corning To Expand AI Data Center Network

India, June 8 -- Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. da... Read More


Japan GDP Growth Revised Down To 1.8%

India, June 8 -- Japan's economy expanded a slower pace than initially estimated in the first quarter largely reflecting the decline in business investment, revised data from the Cabinet Office showed... Read More


Oil Prices Spike As Israel And Iran Exchange Fire

India, June 8 -- Oil prices jumped more than 4 percent on Monday, rebounding from a two-session decline after Iran and Israel exchanged missile strikes, derailing U.S. President Donald Trump's efforts... Read More


European Shares Slide As Bond Yields Surge On Inflation Concerns

India, June 8 -- European stocks traded lower on Monday as geopolitical tensions persisted, and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. Brent crude ... Read More


U.S. Dollar Slips As War Concerns Linger Despite Trump's Reassurances

India, June 8 -- The U.S. Dollar value ticked lower as investors weighed reports stating that Iran is preparing for a full-scale war with Israel amid reassurances from U.S. President Donald Trump that... Read More


Asian Shares Retreat As Tech Sell-Off Deepens

India, June 8 -- Asian markets declined on Monday as a sell-off in tech shares gathered momentum following Broadcom's disappointing AI outlook. Markets were also spooked by higher bond yields and inte... Read More