Global stocks rise on AI boost as dollar remains steady before Fed decision
Global stocks experienced a boost on Wednesday, driven by renewed enthusiasm for AI, particularly following a significant profit increase reported by South Korean chipmaker SK Hynix. The MSCI index for Asia-Pacific shares outside Japan rose by 0.85%, with Japan's Nikkei gaining 1.2% and South Korea's KOSPI surging over 3%. Investors are now focused on upcoming earnings reports from major tech companies like Alphabet and Microsoft, which could provide insights into the sustainability of AI investments. The dollar remained steady as markets awaited a decision from the Federal Reserve on monetary policy.
The Radius News summarizes this story. Read the original report at the link below.
Prime Minister Narendra Modi will begin a two-day visit to Gujarat tomorrow, during which he will launch development projects valued at over ₹14,000 crore.
On Thursday, the Sensex surged by 905.01 points, closing at 74,151, while the Nifty rose by 237.90 points to settle at 22,936.75, driven by strong buying in FMCG and public sector
Dr. Ajay Kumar, the Chairman of the Union Public Service Commission (UPSC), met with President Droupadi Murmu today at Rashtrapati Bhavan in New Delhi. During this visit, Dr.
Benchmark domestic equity indices experienced significant gains during the final hour of trading today, with the Sensex rising by 829 points to reach 74,074 and the Nifty
Minister of State for Defence Sanjay Seth will inaugurate VISV-2026 in New Delhi tomorrow. Organized by the Defence Research and Development Organisation in collaboration with the
Microsoft reported strong financial results on Wednesday, showcasing a 48% growth in its Azure cloud business and generating $18.6 billion in free cash flow for the fiscal first
Union Health Minister Jagat Prakash Nadda announced significant advancements in India's healthcare and digital services over the past decade during an event in New Delhi.
Vice-President CP Radhakrishnan will visit Tamil Nadu tomorrow for a day-long trip. He plans to pay floral tributes at Pasumpon, Ramanathapuram, in honor of Pasumpon
The West Bengal government has announced restrictions on firecracker usage during Kali Puja, Diwali, and Chhath Puja to address air and noise pollution.
The government has procured approximately 38 lakh metric tonnes of agricultural produce through the e-Samyukti platform, benefiting over 43 lakh farmers.
King Charles III began a nine-day tour of the Caribbean on October 27, 2026, starting in the Bahamas, amid increasing local demands for reparations related to British slavery.
