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U.S. Dollar Edges Lower As Iran Offers New Plan To US To End Gulf War

India, May 18 -- The U.S. Dollar value inched lower after reports indicated that Iran has sent a new 14-point peace proposal to the U.S. through Pakistan to end the war which boosted investor sentimen... Read More


Commerzbank Says No To UniCredit's Takeover Bid

India, May 18 -- Commerzbank (CRZBY) has officially told its shareholders to turn down a takeover bid from UniCredit (UCG), ramping up resistance to the proposed merger. Earlier this month, UniCredit... Read More


Asian Shares Retreat On Inflation, Rate Hike Concerns

India, May 18 -- Asian shares ended broadly lower on Monday as oil and global bond yields spiked amid rising U.S.-Iran tensions. A raft of Chinese data signaling slowing economic momentum in April als... Read More


Italy Trade Surplus Remains Steady In March

India, May 18 -- Italy's foreign trade surplus stayed unchanged at the end of the first quarter, the statistical office ISTAT reported Monday.The trade balance showed a surplus of EUR 4.71 billion in ... Read More


Agilysys Q4 Profit Jumps On Strong Subscription Growth

India, May 18 -- Hospitality software provider Agilysys Inc. (AGYS) on Monday reported sharply higher fourth-quarter profit, driven by strong subscription revenue growth and rising demand for its hosp... Read More


Nasdaq Sees Further Downside But Dow Closes Moderately Higher

India, May 18 -- Following the sharp pullback seen during last Friday's session, stocks saw continued weakness throughout much of the trading day on Monday but managed to regain some ground going into... Read More


Thai GDP Growth Beats Expectations

India, May 18 -- Thailand's economy grew more than expected in the first quarter, underpinned by resilient domestic demand and strong exports, while regional peers reported weaker growth due to the im... Read More


Treasuries See Further Downside After Early Rebound

India, May 18 -- After rebounding from last Friday's sell-off early in the session, treasuries once again came under pressure over the course of the trading day on Monday.Bond prices pulled back well ... Read More


Crude Oil Soars As U.S. Delays Responding To Iran's Peace Plan

India, May 18 -- Crude oil prices have surged on Monday, extending the gains from the two previous sessions as the U.S. administration takes time to respond to Iran's new peace proposal while the unce... Read More


Eating Watermelon May Help Support Heart Health, Studies Suggest

India, May 18 -- Studies published in Nutrients suggest that people who regularly eat watermelon may have healthier diets and better heart health. One study looked at information from a large US heal... Read More