Asian stocks: Markets extend global rally on Fed cut bets; Japan’s beer giant Asahi dips

Asian stocks rose for a second straight session on Thursday, extending this week’s global rally as investors grow increasingly confident that the US Federal Reserve will deliver a third consecutive interest rate cut next month.The renewed optimism has pushed concerns over stretched valuations into the background for now, allowing risk appetite to strengthen across global…

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Stock market outlook: Macros in focus as GDP, IIP data due this week; Analysts flag volatility ahead of derivatives expiry

India’s equity markets are expected to see heightened volatility this week, driven by key domestic macroeconomic data releases, global market cues and foreign investor activity, analysts said. “This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production,” Ajit Mishra,…

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Ahaan Panday says he ‘comes from behind a fence’; his only privilege was seeing the industry up close, ‘Chikki Panday is not a star’ | Hindi Movie News

Ahaan Panday has emerged as one of the most talked-about newcomers of the year, following the release of Mohit Suri’s Saiyaara. Son of businessman Chikki Panday and former model Deanne Panday, and nephew of actor Chunky Panday, Ahaan has often been labelled a ‘star kid’—despite neither of his parents being Bollywood actors. His family’s close…

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US jobs data: Hiring stays sluggish in December with 50,000 additions; unemployment rate dips to 4.4%

Hiring in the United States remained subdued in December, capping a year of weak employment gains, even as the unemployment rate edged lower, according to data released by the US Labor Department on Friday, AP reported.Employers added 50,000 jobs in December, nearly unchanged from a downwardly revised 56,000 jobs added in November. The unemployment rate…

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Rupee gains as oil slips but volatility remains high

MUMBAI: The rupee rebounded Tuesday, closing at 91.81 against the dollar, up 54 paise from Monday as oil cooled and equities rebounded amid President Trump’s assurances of West Asia risk being short-lived. Brent crude plunged to below $90.8 a barrel after briefly nearing $120 a day earlier, easing pressure on India’s import bill and lifting…

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