Indian carmakers end fiscal 2024 at record levels as March sales rise
Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported higher car sales in March, wrapping up fiscal 2024 at record levels, showed data from automakers.
Iran says Israel bombs its embassy in Syria, kills commanders
Suspected Israeli warplanes bombed Iran’s embassy in Syria that Iran said killed seven of its military advisers and marked a major escalation in Israel’s war.
Australia central bank to shift to ample reserve system to set rates
Australia’s central bank intends to change how it provides liquidity, moving to one that provides ample liquidity through regular money market operations.
CNBC Daily Open: Fights in the House of Mouse
Walt Disney is confronted with investor activism and a succession race.
Asia markets mixed as investors assess a slew of economic data; Hong Kong gains over 2%
Xiaomi Corp shares jumped 15%, leading gains on the Hang Seng index, while investors assessed economic data from South Korea, India and Australia.
India wants to become the top manufacturing alternative to China. But first it needs to beat Vietnam
India is expected to be the biggest beneficiary of the “China plus one” strategy, but the country still has ways to go before it can compete with Vietnam.
The reason luxury travel is so expensive these days
Yes, inflation and rising labor costs matter. But travelers’ unflinching willingness to pay the new higher rates means the “old” prices may never return.
Five stocks to buy and hold for the long term, according to the pros
Investing for longer timeframe involves “looking for business models and strategies that are likely here to stay,” says veteran investor David Dietze.
‘Very, very attractive’: Strategist names 2 under-the-radar U.S. small-cap names to play right now
“I have been optimistic around small-caps this year, and it looks like we could be on the verge on an even bigger breakout,” says market strategist Matt Orton.
Dow tumbles nearly 400 points, falling for a second day in rough start to new quarter: Live updates
The Dow Jones Industrial Average fell for a second day, continuing Wall Street’s lackluster start to the quarter.
