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South Korea's economy grows faster than expected in third quarter
亞洲

South Korea's economy grows faster than expected in third quarter

SEOUL, Oct 27 (Reuters) - South Korea's economy grew faster than expected in the third quarter on booming chip exports, advance central bank estimates showed on Tuesday. Gross domestic product expand

GFM News• 1 days ago
Indian shares seen lower as oil stays near six-month high, Fed in focus
亞洲

Indian shares seen lower as oil stays near six-month high, Fed in focus

Oct 27 (Reuters) - Indian shares are set to open lower on Tuesday, giving back some of the previous session's gains, as Brent crude prices remained near $115 a barrel and investors stayed cautious ahe

GFM News• 1 days ago
India's Bharat Petroleum profit drops amid crude oil price volatility
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India's Bharat Petroleum profit drops amid crude oil price volatility

Oct 23 (Reuters) - Bharat Petroleum Corporation (BPCL.NS), opens new tab, India's third-largest refiner by capacity, reported a 22.5% fall in second-quarter profit on Friday, weighed down by volatile

GFM News• 5 days ago
India's RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons
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India's RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons

BENGALURU, Oct 23 (Reuters) - India's central bank governor said on Friday non-bank finance companies classified in the upper layer are required to list on the stock market, reiterating the Reserve Ba

GFM News• 5 days ago
India's Jindal Stainless beats quarterly profit view on strong exports
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India's Jindal Stainless beats quarterly profit view on strong exports

Oct 22 (Reuters) - India's Jindal Stainless (JIST.NS), opens new tab reported an 11.1% rise in second-quarter profit on Thursday, led by strong sales volume growth, especially exports, but lowered its

GFM News• 6 days ago
India's HPCL posts quarterly profit drop on higher costs, tax expenses
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India's HPCL posts quarterly profit drop on higher costs, tax expenses

Oct 22 (Reuters) - India's Hindustan Petroleum Corp (HPCL.NS), opens new tab reported a 9% drop in second-quarter profit on Thursday, due to higher tax expenses and a sharp spike in crude prices that

GFM News• 6 days ago
Nippon Life India AMC gets regulatory nod to settle Yes Bank bond case
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Nippon Life India AMC gets regulatory nod to settle Yes Bank bond case

BENGALURU, Oct 22 (Reuters) - Nippon Life India Asset Management (NIPF.NS), opens new tab said on Thursday it has received in-principle approval from India's markets regulator to settle a dispute over

GFM News• 6 days ago
India's Eternal expects faster Blinkit growth as quarterly profit nearly doubles
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India's Eternal expects faster Blinkit growth as quarterly profit nearly doubles

Oct 21 (Reuters) - India's Eternal (ETEA.NS), opens new tab expects growth in Blinkit, its quick-commerce business, to accelerate from the December quarter, as the company bets on a more stable compet

GFM News• 6 days ago
Indian central bank rejects all bids at treasury bill auction as short-term yields surge
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Indian central bank rejects all bids at treasury bill auction as short-term yields surge

MUMBAI, Oct 21 (Reuters) - India's central bank rejected all bids at a treasury bill auction on Wednesday, which traders said could be a sign of authorities' growing discomfort with the recent rise in

GFM News• 6 days ago
Indonesia's central bank keeps main rate unchanged, hikes deposit facility rate
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Indonesia's central bank keeps main rate unchanged, hikes deposit facility rate

JAKARTA, Oct 21 (Reuters) - Indonesia's central bank held its main interest rate unchanged for a fourth straight policy review on Wednesday, but hiked the deposit facility rate, as the country's stock

GFM News• 6 days ago
Japan shifting to wage-driven inflation phase, finance minister says
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Japan shifting to wage-driven inflation phase, finance minister says

TOKYO, Oct 21 (Reuters) - Japan's economy is seeing price rises driven by higher import costs and on the cusp of shifting to a period of sustained inflation driven by rising wages, Finance Minister Sa

GFM News• 7 days ago
Indian shares poised to open higher as focus shifts to Jio Platforms IPO
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Indian shares poised to open higher as focus shifts to Jio Platforms IPO

Oct 21 (Reuters) - Indian shares are on track to open higher on Wednesday as focus shifts to the launch of Jio Platforms' record IPO, although elevated crude oil prices could cap gains. Optimism over

GFM News• 7 days ago
India's L&T Technology expects robust second half as deals ramp up; quarterly revenue rises
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India's L&T Technology expects robust second half as deals ramp up; quarterly revenue rises

Oct 19 (Reuters) - India's L&T Technology Services (LTEH.NS), opens new tab expects a robust second half of fiscal year 2027 on improving order backlogs and several large deals, as it reported a jump

GFM News• 9 days ago
US banning Chinese AI DeepSeek from government agency IT systems
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US banning Chinese AI DeepSeek from government agency IT systems

WASHINGTON, Oct 19 (Reuters) - The U.S. Homeland Security Department is ordering the removal of DeepSeek products and third-party services using the Chinese AI model from U.S. civilian ⁠agency IT syst

GFM News• 9 days ago
India's Bajaj Finance posts higher quarterly profit on strong loan growth
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India's Bajaj Finance posts higher quarterly profit on strong loan growth

Oct 19 (Reuters) - India's Bajaj Finance (BJFN.NS), opens new tab posted higher quarterly profit on Monday, supported by strong growth in its loan book. The non-banking financial company reported a 2

GFM News• 9 days ago
Japan's Fukoku Mutual Life Counts on Cash to Mitigate Volatility
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Japan's Fukoku Mutual Life Counts on Cash to Mitigate Volatility

Japan's Fukoku Mutual Life Insurance Co. is maintaining an elevated cash position as a buffer against volatile global markets and concerns about rising government spending in the country. Fukoku, whi

GFM News• 12 days ago
India markets regulator partly reverses derivative settlement rules after pushback
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India markets regulator partly reverses derivative settlement rules after pushback

MUMBAI, Oct 15 (Reuters) - India's markets regulator said on Thursday it would use volume-weighted average prices (VWAP) from the final 30 minutes of regular trading to settle expiring stock and index

GFM News• 12 days ago
India's central bank tightens rules on rupee non-deliverable contracts, widens 20% cash reserve requirement
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India's central bank tightens rules on rupee non-deliverable contracts, widens 20% cash reserve requirement

Oct 12 (Reuters) - The Reserve Bank of India on Monday tightened rules on rupee non-deliverable derivative contracts, limiting overseas clients to using them only for hedging, and widened a 20% cash r

GFM News• 14 days ago
Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view
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Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

TOKYO, Oct 13 (Reuters) - Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting inflationary pre

GFM News• 14 days ago