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#Market

Carnival Raises Profit Forecast

Record bookings drive optimism despite market dip. Carnival Corp (CCL.N), opens new tab, (CCL.L), opens new tab raised its annual profit forecast on Wednesday, betting on a record year of bookings for its cruises as the industry has its…

Asia markets going to be tumbled

Sydney (Web Desk) Asian share markets tumbled as surging borrowing costs intensified fears of a global recession, spooking investors into the arms of the safe-haven dollar and punishing currencies across the region. Yields on U.S.…

Traders struggled to claw back losses

Hong Kong (Web Desk) The dollar lost a little of its strength after starting the week by surging against major peers, including a record high versus the pound, though equity traders struggled to claw back recent losses owing to recession…