Biden Prepares to Target Chinese Legacy Chips With Trade Investigation on December 16, 2024 at 9:50 pm

The investigation could result in tariffs on older types of chips from China, though the decision would ultimately fall to Trump.

High on Hope, Wall St. Hears What It Wants From Trump on December 17, 2024 at 10:05 am

Investors and executives are often emphasizing what they like in the president-elect’s agenda, while dismissing what they don’t as mere posturing.

Jerome Powell Says It’s Too Soon to Guess When Rates Will Drop on December 1, 2023 at 5:24 pm

The Federal Reserve chair said officials could still raise rates “if” that becomes necessary, and that it’s too soon to guess when they will ease.

U.S. Limits China’s Ability to Benefit From Electric Vehicle Subsidies on December 1, 2023 at 10:11 pm

The Biden administration issued new rules to prevent Chinese firms from supplying parts for electric cars set to receive billions of dollars in tax credits.

Climate Protesters Get in Fed’s Face as Policy Clash Grows Louder on December 1, 2023 at 10:12 pm

Jerome H. Powell, the central bank’s chair, has been interrupted recently by a climate group that thinks disruption will win the day.

At COP28, More Than 20 Nations Pledge to Triple Nuclear Capacity on December 2, 2023 at 10:49 am

The group, including Britain, France and the United States, said the agreement was critical to meeting nations’ climate commitments.

CIL#39;s coal output rises 11.5% to 460 million tonnes during April-November on December 1, 2023 at 9:26 am

“With 11.5 per cent year-on-year growth CIL stayed ahead of the annual asking rate of 10.2 per cent. The production saw an upsurge of 47.4 MT in quantum terms compared to 412.5 MT of same period last year,” the PSU said.

Taking Stock: Fresh record high for Nifty, Sensex up 493 pts; auto stocks under pressure on December 1, 2023 at 10:12 am

Biggest gainers on the Nifty included NTPC, ITC, LT, Britannia Industries and Axis Bank, while losers were Hero MotoCorp, HDFC Life, Wipro, MM and SBI Life Insurance.

Technical View | Bulls finally achieves new record high! Nifty eyes 20,500 now on December 1, 2023 at 11:22 am

On the weekly Options front, with the robust trend in the equity markets, the supports and resistances shifted higher with 21,000 strike enjoying the maximum Call open interest, the key resistance area going ahead in current month

The Reading List: December 1, 2023 on December 1, 2023 at 12:32 pm

A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams