Qatar's Deputy Prime Minister Sheikh Saoud bin Abdulrahman Al Thani warned on Monday that the global…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Fairfax to Acquire 60% Stake in IDBI Bank for $5.6 Billion
The Indian government approved the sale of a 60.72% stake in IDBI Bank to Canada’s Fairfax…
D2C Brands Face Sales Challenges Amid Rising Costs
Direct-to-consumer (D2C) brands are seeing weak sales this festive season. Many are reporting numbers below expectations.…
Brent Crude Falls to $108 After Hitting Five-Month High
Brent crude futures dropped to about $108 a barrel on Monday after hitting a five-month high.…
Melco Abandons Crown Resorts Stake Amid Coronavirus Crisis
Melco Resorts has dropped its plans to buy an additional 10% stake in Crown Resorts. This…
India Faces Capital Outflows Amid Shift to AI Markets
Finance Minister Nirmala Sitharaman pointed out major capital outflows from India as a serious issue. She…
FCA Urges AI Providers to Enhance Consumer Protections
The Financial Conduct Authority (FCA) has called on artificial intelligence (AI) providers to improve consumer protections.…
PwC Reports $60.2 Billion Revenue Amid Sluggish Growth
PwC reported global revenues of $60.2 billion for the year ending June 30. This marks a…
Indonesian Stocks Plunge to Six-Year Low Amid MSCI Warning
Indonesian stocks fell sharply on Monday, October 19, reaching a six-year low after MSCI warned of…
US Chip Stocks Recover After $2 Trillion Market Value Loss
US semiconductor stocks bounced back on Thursday after a big drop that wiped out about $2…