logo
UNIQLO, BIMTECH ink pact to develop future talent, enhance student opportunities

UNIQLO, BIMTECH ink pact to develop future talent, enhance student opportunities

News184 days ago
Mumbai, Aug 8 (PTI) Fast Retailing Co, parent company of Japanese global apparel retailer UNIQLO, and Birla Institute of Management Technology (BIMTECH) on Friday said they have joined hands to nurture future leaders in retail management.
This collaboration addresses the rising demand for specialised post-graduate programmes in retail management by providing students with industry-aligned education, practical exposure, and career opportunities to meet the evolving needs of the retail sector, BIMTECH said in a statement.
Through this partnership, UNIQLO and BIMTECH aim to develop future retail leaders through structured, merit-based engagement.
view comments
First Published:
August 08, 2025, 16:00 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Stock Market Updates: Sensex, Nifty Flat In Pre-Open; SMIDs Gain
Stock Market Updates: Sensex, Nifty Flat In Pre-Open; SMIDs Gain

News18

time12 minutes ago

  • News18

Stock Market Updates: Sensex, Nifty Flat In Pre-Open; SMIDs Gain

Last Updated: Indian equities were range-bound in the pre-opening session amid mixed global cues Sensex Today: Indian equities were range-bound in the pre-opening session amid mixed global cues, with investors awaiting India's July consumer price index (CPI) data. The BSE Sensex was at 80,638.82, up 35 points or 0.04%, while the NSE Nifty50 slipped 22 points or 0.09% to 24,563.35. In the broader market, the Nifty MidCap100 gained 0.11% and the Nifty SmallCap index advanced 0.25%. Global Cues Asian markets opened higher on Tuesday, with investors treading cautiously ahead of a crucial US inflation report that could influence the Federal Reserve's interest rate outlook. Japan's Nikkei index surged to a record high on Tuesday, driven by strong gains in technology stocks, catching up with the milestones reached earlier this year by other major global markets. Wall Street's key indexes closed lower on Monday as investors awaited this week's inflation data to gauge the interest rate outlook while also monitoring developments in US-China trade relations. view comments First Published: News business » markets Stock Market Updates: Sensex, Nifty Flat In Pre-Open; SMIDs Gain Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Asia stocks mostly on the rise as tariff truce supports sentiment
Asia stocks mostly on the rise as tariff truce supports sentiment

Business Standard

time34 minutes ago

  • Business Standard

Asia stocks mostly on the rise as tariff truce supports sentiment

Markets have held modest ranges in recent weeks, waiting to see whether the world's two largest economies can agree on a durable trade deal or if global supply chains will again be upended Reuters SINGAPORE Most Asian stocks rose on Tuesday, buoyed by an extension of a tariff truce between the world's two largest economies, while Japanese shares hit an all-time peak, powered by tech shares after returning from a long weekend break. US President Donald Trump extended a tariff truce with China by another 90 days on Monday, staving off triple-digit duties on Chinese goods, a move that was largely expected by investors and markets. Investor sentiment in recent weeks has been supported by expectations of rate cuts by the US Federal Reserve, resilient US corporate earnings as well as clarity on US trade levies on trading partners. Japan's Nikkei climbed to a record high and was last up 2% as the country's markets reopened after a public holiday on Monday, tracking other global indices this year. Australia's benchmark index also hit a record high, ahead of a monetary policy meeting at which the central bank is widely expected to cut interest rates. That left MSCI's broadest index of Asia-Pacific shares outside Japan a tad higher. China's blue-chip stocks were flat while Hong Kong's Hang Seng index eased 0.1% in early trading. Markets have held modest ranges in recent weeks, waiting to see whether the world's two largest economies can agree on a durable trade deal or if global supply chains will again be upended by the return of steep import levies. The US-China tariff truce extension "preserves the status quo for now, so no immediate implications for investment markets," said Shane Oliver, chief economist and head of investment strategy at AMP in Sydney. The US and China have engaged in a tit-for-tat tariff duel throughout the year, culminating in trade talks in Geneva, London and Stockholm since May that focused on bringing retaliatory tariffs down from triple-digit levels. The latest truce extension clears the way for investors to focus on an action-packed week dominated by US inflation data, a central bank policy decision in Australia and the first summit between US and Russian leaders since June 2021. Traders are pricing in a 25 basis points rate cut later on Tuesday from the RBA with another cut expected by November. Investor attention will be on comments and forecasts from the central bank. "The uncertainties are around its guidance, in particular whether it still sees further scope to cut rates and whether it will remain gradual and measured," said AMP's Oliver. Globally, the spotlight will be on the release of US consumer price inflation data later on Tuesday. Economists polled by Reuters have forecast that month-on-month core CPI edged up 0.3% in July, faster than the 0.2% in the previous month. "CPI will be a key test for market tone. Softer data could give small-caps a lift, but for now, mega-caps remain firmly in control," said Marc Velan, head of investments at Lucerne Investment Management. An upside surprise on inflation may also add caution to market expectations of rate cuts by the Federal Reserve this year. Investors are currently pricing in at least two rate cuts from the Fed in 2025 while J.P. Morgan expects the Fed to deliver four successive rate cuts starting in September. In commodities, gold prices were last at $3,354, having dropped nearly 1.6% on Monday after Trump said tariffs will not be placed on imported gold bars. Oil prices were steady ahead of the August 15 meeting between Trump and Russian President Vladimir Putin, aimed at negotiating an end to the war in Ukraine. The talks follow increased US pressure on Russia, raising the prospect of penalties on Moscow if a peace deal is not reached. "The market is not pricing in significant outcomes from the meeting, but any shift in geopolitical tone could have marginal impact, particularly for commodities and certain emerging market assets," said Lucerne's Velan. Currencies were mostly calm in early trading, with the dollar steady against major peers the euro and the yen. Cryptocurrencies bitcoin and ether were a tad lower after rallying in the previous session.

Japan's Nikkei rallies to record high, SoftBank surges
Japan's Nikkei rallies to record high, SoftBank surges

Economic Times

time2 hours ago

  • Economic Times

Japan's Nikkei rallies to record high, SoftBank surges

Japan's Nikkei surged to a historic high, mirroring global market peaks driven by tech stock gains. The Nikkei 225 surpassed its 2024 high, fueled by SoftBank's potential U.S. listing of PayPay and semiconductor advancements. While foreign investment has been strong, recent data indicates a possible slowdown. Despite earlier trade concerns triggered by U.S. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Japan's Nikkei share gauge powered to an all-time high on Tuesday, swept up by sharp gains for tech stocks, as it caught up with peaks scaled earlier this year by other major global stock Nikkei 225 rose as much as 2.1% to 42,715.72 in early trade, exceeding the previous high of 42,426.77 set on July 11, 2024. In a roller-coaster ride in 2024, the Nikkei had exceeded a record that had stood since 1989 during Japan's bubble broader Topix gauge has been setting successive record highs since July 24 and also scored a new all-time high on U.S. Standard & Poor's 500 and MSCI's broadest gauge of global equities have been charting new peaks since gains by tech shares helped the Nikkei finally get over the line. SoftBank Group soared 6.7% after Reuters reported the conglomerate was selecting banks for a U.S. listing of its payments app operator PayPay. Semiconductor industry heavyweights Advantest and Lasertec jumped more than 5%."The Nikkei was not able to hit a record until today because chip-related shares and auto shares dragged the index," said Takamasa Ikeda, senior portfolio manager at GCI Asset Management. "The Nikkei could soon peak as technology shares that led the Wall Street's rally have slowed down."Global equities tumbled after U.S. President Donald Trump's April 2 "Liberation Day" announcement of sweeping tariffs on imports from dozens of countries into the have since more than recouped those losses as trade concerns abated and enthusiasm over artificial intelligence companies money has been flooding into the Japanese market of late, but data from the Tokyo Stock Exchange last week indicated those flows may have investors turned net sellers of Japanese stocks and futures for the first time in 16 weeks in the period ending Aug. 1. They sold a net 342 billion yen ($2.31 billion) of shares and futures, a sharp reversal from net purchases of 1.26 trillion yen in the previous week.($1 = 148.3700 yen).

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store