Dashboard
LoginSign Up

Financial News

Consumer sentiment rises at sharpest pace in 1 year in May: BOK
thehawk_in34d ago

Consumer sentiment rises at sharpest pace in 1 year in May: BOK

Seoul, May 22 (IANS) Consumer sentiment rose at the fastest pace in about a year in May, driven by robust semiconductor exports and the stock market rally, the central bank said on Friday. The composite consumer sentiment index (CCSI) stood at 106.1 this month, up 6.9 points from April and surpassing the 100-point mark for the first time in two months, according to a survey by the Bank of Korea (BOK), reports Yonhap news agency. The reading had fallen for two straight months in March and April. The latest figure also marked the sharpest on-month increase since June last year, when the index rose by the same margin of 6.9 percent. A reading above 100 indicates that optimists outnumber pessimists, while a figure below 100 suggests the opposite. The subindex for people's assessment of current economic conditions came in at 83 in May, up 15 points from a month earlier. The increase is also the largest on-month gain since October 2020. The index for people's outlook for future economic conditions rose by 14 points to 93 over the same period, backed by South Korea's first-quarter gross domestic product (GDP) growth of 1.7 percent, the sharpest in more than five years. "Optimism was supported by strong semiconductor shipments, better-than-expected first-quarter GDP growth and upward revisions to economic projections by major institutions, while the stock market rally also boosted sentiment," a BOK official said. South Korea's exports expanded 48 percent on-year to US$85.9 billion last month, marking the second-highest monthly figure following March's $86.6 billion, with chip exports spiking 173.5 percent. The export boom driven by semiconductors also lifted the stock market, with the benchmark Korea Composite Stock Price Index (KOSPI) climbing from the 6,900-point range at the beginning of May to above 7,900 in mid-May. The latest monthly BOK index is based on a survey of 2,253 households throughout the country conducted from May 8-15. —IANS na/

#STOCKS
Nykaa Share Price: MOSL, Goldman Sachs, Elara, Morgan Stanley & others give mixed views on e-commerce stock despite sharp Q4 profit surge - Check target
etnownews34d ago

Nykaa Share Price: MOSL, Goldman Sachs, Elara, Morgan Stanley & others give mixed views on e-commerce stock despite sharp Q4 profit surge - Check target

Nykaa Share Price: FSN E-Commerce Ventures, the owner of the Nykaa brand, has reported a multifold jump in consolidated net profit to Rs 78.75 crore for the March quarter, mainly driven by sales in the beauty segment and narrowing of losses in the fashion vertical, according to a company filing. Brokerages shared their mixed stances on the e-commerce stock. Here’s what you should know.

#STOCKS
UAE’s AED 110M DDSC Transaction Fuels Digital Finance
uaenews24734d ago

UAE’s AED 110M DDSC Transaction Fuels Digital Finance

IHC Executes Landmark AED 110 Million DDSC Transaction on ADI Chain, Advancing Institutional Adoption of UAE Digital Infrastructure • One of the largest single stablecoin transactions executed in the region, with AED 110 million (USD 30 million) transferred on ADI Chain Abu Dhabi, UAE – 21 May 2026:IHC, a global investment company focused on ... Continue reading UAE’s AED 110M DDSC Transaction Fuels Digital Finance →

#CRYPTO
Bithumb to List OPG for KRW Trading, Expanding Altcoin Access in South Korea
bitcoinworld34d ago

Bithumb to List OPG for KRW Trading, Expanding Altcoin Access in South Korea

BitcoinWorld Bithumb to List OPG for KRW Trading, Expanding Altcoin Access in South Korea South Korean cryptocurrency exchange Bithumb has announced it will list OPG, the native token of the Oasys blockchain project, for trading against the Korean won (KRW). The listing is expected to expand access to the gaming-focused blockchain token for retail traders in one of the world’s most active crypto markets. Listing Details and Timeline According [...] This post Bithumb to List OPG for KRW Trading, Expanding Altcoin Access in South Korea first appeared on BitcoinWorld .

#CRYPTO
The Next Crypto Winners May Be The Companies Building Financial Rails, Not Coins
mpost34d ago

The Next Crypto Winners May Be The Companies Building Financial Rails, Not Coins

Crypto has spent most of its life telling investors to look at tokens first. That made sense in the early years, when the biggest upside often came from owning the native asset tied to a new network, exchange, or DeFi protocol. But the market is shifting. More of the serious money now seems to be [...] The post The Next Crypto Winners May Be The Companies Building Financial Rails, Not Coins appeared first on Metaverse Post .

#CRYPTO
Top 10 Platforms Building The Core Infrastructure For On-chain Finance In 2026
mpost34d ago

Top 10 Platforms Building The Core Infrastructure For On-chain Finance In 2026

On-chain markets are getting a lot more sophisticated, but most of the attention still goes to the visible layer. People talk about tokenized stocks, tokenized Treasuries, stablecoins, and round-the-clock settlement. What gets less attention is the machinery underneath. If on-chain markets are going to grow into something that can actually support institutions, funds, payment firms, [...] The post Top 10 Platforms Building The Core Infrastructure For On-chain Finance In 2026 appeared first on Metaverse Post .

#CRYPTO
Share Markets Volatile, Oil Uncertain Amid US-Iran Tensions: Sensex Over 150 Points Up
doonited_in34d ago

Share Markets Volatile, Oil Uncertain Amid US-Iran Tensions: Sensex Over 150 Points Up

Indian equity benchmarks experienced a cautious yet slightly positive start on Friday, as investors monitor developments in the ongoing US-Iran negotiations and assess the impact of elevated crude oil prices on global markets. The BSE Sensex started the session near 75,300, climbing more than 150 points, while the NSE Nifty50 opened trading around 23,700, inching ... The post Share Markets Volatile, Oil Uncertain Amid US-Iran Tensions: Sensex Over 150 Points Up appeared first on Doonited News .

#COMMODITIES
Today’s Top News – 22 May 2026
saachibaat34d ago

Today’s Top News – 22 May 2026

TODAYS TOP NEWS ————————————– 1. Work on six major road infrastructure projects, including three corridors connecting Urban Extension Road II (UER II) with the Delhi-Dehradun Expressway and Delhi-Katra Expressway, aimed at easing chronic traffic congestion across the Delhi-National Capital Region (NCR), will begin between October this year and April next year, Union Minister for Road [...]

#COMMODITIES
BTCUSD 2H Bearish Reversal Setup
in_tradingview34d ago

BTCUSD 2H Bearish Reversal Setup

This is my 2-hour Bitcoin analysis, where I have marked three different reversal zones on the chart. Among all of them, the middle zone is the most important area for me. If the market forms any rejection candle along with a bearish engulfing pattern around this middle line, then the probability of a downside move increases significantly. At the same time, if the market pushes slightly higher before reversing, there is also a possibility of a 1.5X liquidity-style move before the real bearish continuation begins. Overall, my market bias remains bearish in this setup because demand is reacting very slowly while supply pressure is entering the market much faster and more aggressively. That is why I prefer to trade with the main trend direction instead of fighting against it. For now, my main focus is simple: * Bearish engulfing or rejection confirmation around the middle reversal zone * Or bearish confirmation around the 1.5X area if price moves slightly higher first If either confirmation appears, the market could continue moving toward the downside. Lower timeframes are currently showing too much confusion and fake movement, which is why I prefer using higher timeframes like the 2H chart. Higher timeframes help me understand supply and demand structures much more clearly and make the overall analysis cleaner. You can also try analyzing on bigger timeframes first — it often helps remove unnecessary confusion and improves market clarity. This analysis is based on the MMC concepts designed by Candle King. A huge amount of credit goes to him — his concepts have helped improve the clarity and accuracy of my market analysis significantly.

#CRYPTO