Asia stocks pitched as a safe haven from volatile US Election
The MSCI Asia Pacific Index has beaten the MSCI All-Country World Index by the most since 2008, thanks to a rally in Chinese technology stocks such as Tencent Holdings Ltd. … Read More
Month: October 2020
Amazon tells India regulator its partner Future Retail is misleading public
Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led Reliance Industries Ltd for $3.4 billion. The deal, Amazon … Read More
Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund to invest $1b in Jio fibre assets
The two sovereign wealth funds will invest Rs 3,779 crore each ($506 million) to acquire a total 51% in Digital Fibre Infrastructure Trust (DFIT), the InvIT established by Reliance, the … Read More
Cooperative NAFED floats bids for supply of 15,000 tonnes of imported red onions by Nov 20
“Bidders have to supply fresh, well dried and cured onions.” – The Hindu – Economy
Amazon Tells Sebi Its Partner Future Retail Is Misleading Public: Report
Future Group in August sold its retail assets to Reliance Industries for $3.4 billion. The deal, Amazon alleges, breaches 2019 agreements by Future. – NDTV Profit – Latest
Petrol, Diesel Prices Unchanged In Metros On Saturday
Fuel Price in India Today: State-run oil marketing companies review petrol and diesel rates on a daily basis. – NDTV Profit – Latest
How the new riskometer will alter things for mutual fund investors
The scale assigned for the riskometer is that after following the parameters stipulated in the circular, the output will be one single number and the risk level corresponding to that … Read More
Jittery Wall Street banks ‘war game’ the election with drills, client calls, special pollsters
There is more confidence now than a few weeks ago that there will be a clear presidential winner, because Democrat Joe Biden has moved up in polls against incumbent Republican … Read More
Goldman money funds’ liquidity buffer swells before US election
The funds’ weekly liquidity – a barometer of how quickly investments can convert to cash in a week – rose to 85% of total assets this week, according to disclosures … Read More
Wall Street Week Ahead: Big tech stocks may face post-election headwinds, no matter who wins
Betting against big technology has been a risky proposition over the last decade, as stocks like Amazon, Google and Netflix have shot higher at the expense of so-called value and … Read More