NVIDIA SAYS IT WILL TAKE A CUT OF SOME CUSTOMERS' CLOUD REVENUES- THE INFORMATIONNVIDIA OFFERS FINANCIAL BACKSTOPS FOR GPU PURCHASES, TAKING A CUT OF CLOUD REVENUE- THE INFORMATION
By Abhirami GA consortium including Microsoft NASDAQ:MSFT and telecom startup Lightstorm plans to build a new undersea cable linking India with Malaysia and Singapore as technology firms compete to expand AI and cloud infrastructure in India, one of the world's fastest-growing data markets.The con…
The Reserve Bank of India likely stepped into the foreign exchange market on Thursday, four traders told Reuters, aimed at shoring up the rupee that had slipped to a near three-week low in the previous session.The rupee was on track to open around the 95.15 per dollar level on Thursday, but minutes…
SoftBank's LY Corp TSE:4689 and Bain Capital have raised their bid for Kakaku.com TSE:2371 again, valuing the Japanese price-comparison website operator at 670 billion yen ($4.12 billion) and widening their lead over a rival offer from Sweden's EQT OMXSTO:EQT.In the legally binding offer announced…
Bajaj Auto Ltd NSE:BAJAJ_AUTO:
INDIA'S SWARA BABY PRODUCTS FILES FOR IPO - DRAFT PROSPECTUSSWARA BABY PRODUCTS IPO: FRESH ISSUE OF 5 BILLION RUPEESSWARA BABY PRODUCTS IPO: OFFER FOR SALE OF 5 BILLION RUPEESSWARA
By Wayne ColeThe Australian and New Zealand dollars marked time on Thursday as markets globally braced for a U.S. jobs report that could impact the risk of a rate rise there, putting bonds under pressure.The Aussie idled at $0.6894 FX:AUDUSD, having eased 0.4% overnight and away from resistance at…
Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 03:16 GMT.NOTES: The State Bank of Vietnam sets the mid-point rate on a daily basis and allows dollar/dong transactions to move in a band of…
Global risks are putting pressure on the Vietnamese central bank's policy management, deputy governor Pham Thanh Ha said on Thursday.The Southeast Asian manufacturing hub is targeting economic growth of more than 10% this year, supported by stronger infrastructure spending, but the impact of the Ir…
APPLE TO LAUNCH 5 NEW IPHONE MODELS- NIKKEI
Japan's tax revenue looks set to have risen by about 9 trillion yen to a record 84.2 trillion yen ($518.12 billion) in the fiscal year ended in March, public broadcaster NHK said on Thursday.The figure would mark the first time for tax income to exceed 80 trillion yen and the sixth consecutive year…
U.S. oil NYMEX:CL1! may fall toward $66.35 per barrel, as suggested by a projection analysis.The market has broken a key support at $69.13, the 361.8% projection level of a downtrend from $95.44. This projection analysis reveals a target around $63.58.Wave theory suggests a similar target, assuming…
By Pablo SinhaGold prices rose on Thursday, supported by softer than expected jobs data and lower oil prices, while the market's focus turned to today's U.S. payrolls report for fresh cues on the Federal Reserve's trajectory.Spot gold TVC:GOLD rose 0.7% to $4,057.92 per ounce, as of 0251 GMT, after…
By Dharamraj DhutiaIndian government bonds are set to trade in a narrow range on Thursday as continued foreign buying is likely to offset profit taking, keeping the benchmark yield hovering around the crucial 6.75% mark.The benchmark 6.94% 2036 bond yield (IN069436G=CC) is expected to trade between…
Malaysian palm oil futures traded in a tight range on Thursday, as stronger soyoil partially countered softer Dalian palm olein and weaker crude oil prices.The benchmark palm oil contract (FCPOc3) for September delivery on the Bursa Malaysia Derivatives Exchange held its ground at 4,546 ringgit ($1…
By Junko FujitaJapanese government bond (JGB) yields rose on Thursday as investors awaited the outcome of an auction of 10-year bonds, which strategists expected to be moderately weak.Here are a few details:
By Nimesh VoraThe Indian rupee is set to open marginally higher on Thursday, aided by a further drop in oil prices, though traders expect the relief to be short-lived amid weakness in Asian peers and higher U.S. yields.The rupee FX_IDC:USDINR is expected to open in the 95.14-94.18 range, per trade…
Chicago corn futures edged higher on Thursday on bargain-buying ahead of a U.S. holiday weekend and support from bullish quarterly U.S. stocks data, while soybeans rose on hopes of renewed Chinese buying and robust domestic crush demand.Wheat gained as smaller-than-expected acreage estimates for th…
By Stella QiuAsian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for U.S. jobs data that could gives hints about the risk of interest rate hikes.Oil prices hit new four-month lows, with Brent crude ICEEUR:BRN1…
