Markets

The Fed's cut is expected to support spending and the US economy, and encourage other central banks to cut rates

Indian shares dragged down by information technology and pharma stocks

Company targets raising PKR 1.4 billion

Cryptocurrency market rallies as traders anticipate a Federal Reserve interest rate reduction, boosting demand for speculative assets.

Weak economic data and declining demand weigh on oil prices, despite concerns over potential supply disruptions in the Middle East.

Complaint states Shell ignored offers from other investors that offered a higher price

Japan’s yen strengthens past ¥140 to the dollar first time since July 2023

Impressive growth in Dubai's residential resale market signals strong investor interest and ongoing economic resilience.

Indian shares gain due to rising metal stocks on a favorable US rate cut outlook

This comes after the IMF confirmed the approval date for the $7 billion loan

The S&P 500 rose 30.26 points; Dow gained 297.01 points and the Nasdaq composite added 114.30 points

IMF executive board likely to approve $7 billion new IMF loan program on September 25

Brent crude tops $72 as Storm Francine disrupts production and markets expect U.S. rate cuts, despite weak demand from China.

European automakers face record stock declines as competition from China, economic challenges, and geopolitical tensions mount, threatening the industry's future.

Borrowing costs for corporates will decrease across varying tenures

OpenAI aims for a $150 billion valuation as it enters talks to secure $6.5 billion in funding, with tech giants lining up to invest.

The vehicle, which was launched in Dec 2023, contributed significantly to the company's positive financial results

With oil prices hitting a 3-year low, the global market faces uncertainty as demand cools and economic risks grow.