NBFC credit problems appear to be over: CEA Subramanian
Anything done for the short run will only have a short-term impact. It’s very important to address structural issues. -Stocks-Markets-Economic Times
Month: September 2019
Telco, multiplex, TV distributor stocks rise amid relief over JioFiber rates
Investors had been worried tariffs would be as disruptive as when Jio launched mobile services -Stocks-Markets-Economic Times
Morgan Stanley scales back Sensex June 2020 target to 40,000
The global research firm also cut Sensex’s EPS growth estimate for this financial year to 13% from 19% -Stocks-Markets-Economic Times
Nuclear industry urges Trump to revive uranium mining with Cold War-era rule
The U.S. nuclear energy industry has called for the Trump administration to revive domestic uranium mining and enrichment by unlocking funds through a Cold War-era program, in a letter sent … Read More
U.S.-China trade conflict could take years to resolve: Kudlow
White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from U.S.-China trade talks in September and October but cautioned that the trade conflict … Read More
Fannie Mae, Freddie Mac shares tumble as Treasury overhaul plan disappoints
Shares of Fannie Mae and Freddie Mac slumped on Friday amid disappointment over a long-awaited U.S. Treasury Department plan to begin recapitalising the mortgage giants and return them to private … Read More
Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources
WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation it can … Read More
Georgieva closes in on top IMF job as no challengers seen: sources
Bulgarian economist Kristalina Georgieva was expected to be the only candidate considered to lead the International Monetary Fund as a nomination deadline drew to a close on Friday, two people … Read More
Tight U.S. labour market shrinks gender and race gaps to record lows
A tight U.S. labour market and booming demand in industries with an abundance of female workers is drawing more women back into the workforce, helping to shrink the longstanding gap … Read More
The S&P 500 inches higher; Treasury yields dip after Powell remarks, jobs report
The S&P 500 posted a nominal gain and Treasury yields edged lower on Friday, as remarks from Federal Reserve chief Jerome Powell firmed interest rate cut expectations and China announced … Read More