Yen, Swiss franc advance after new U.S.-China trade wrinkle
The safe-haven yen and Swiss franc rallied against the dollar on Tuesday as risk appetite eased after U.S. President Donald Trump said a trade deal with China might have to … Read More
Month: December 2019
Russia sees constructive OPEC+ meeting as Saudis seek deeper oil cut
Russia expects a “constructive” meeting with OPEC producers this week, its energy minister said on Tuesday, as OPEC leader Saudi Arabia presses members and allies such as Russia to deepen … Read More
Wall Street tumbles as Trump hints at delay in trade deal with China
Wall Street sank more than 1% and the benchmark S&P 500 hit a near one-month low on Tuesday as comments from President Donald Trump stoked fears of a significant delay … Read More
Japan preparing $120 billion stimulus package to bolster fragile economy
Japan is preparing an economic stimulus package worth $120 billion to support fragile growth, two government officials with direct knowledge of the matter said on Tuesday, and complicating government efforts … Read More
S&P reaffirms India’s rating, retains outlook at ”stable”
“S&P has reaffirmed sovereign rating of India at BBB- with stable outlook. They have stated that India’s economy continues to achieve impressive long-term growth rates despite a recent deceleration,”… … Read More
Government Mulls Diluting FDI Rules Ahead Of Air India Sell-Off: Report
The present FDI rules allow up to 100 per cent FDI in domestic carriers but the investment by a foreign airline is capped at 49 per cent. Further, substantial ownership … Read More
Standard Life to sell 2.23% stake in HDFC AMC via OFS
Standard Life has proposed to sell up to 47.5 lakh equity shares, representing 2.23 per cent stake – Stocks-Markets-Economic Times
NSE puts eight companies under surveillance
The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment. – Stocks-Markets-Economic Times
Over 2.77 lakh PACL’s investors with claims up to Rs 5,000 get back their money
In the first phase, refunds were effected in respect of 1,89,103 investors having claim amount up to Rs 2,500. – Stocks-Markets-Economic Times
Fear of expanding trade war sinks global equities; bonds rally
Signs that a deal to end the trade war between the United States and China might not come until after the November 2020 elections weighed on global equity markets Tuesday … Read More