Japan's Nikkei rebounds 2% after tech stock routJapan's Nikkei 225 rebounded 2% on Monday following a sharp technology stock selloff that pushed the benchmark into bear market territory. ...
Japan’s SuMiTB makes first Indian realty fund investment with HDFC CapitalSumitomo Mitsui Trust Bank has made its first investment in an Indian real estate fund. This investment is in HDFC Capital Development of R...
US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives sayGlobal businesses expect limited immediate changes following Democrats' takeover of the US Congress, as high energy and raw material costs,...
Japan Investment Corp to sell JSR to Mitsui Chemicals in an over $8.20 bn deal: ReportJapan Investment Corp intends to sell its semiconductor materials subsidiary JSR to Mitsui Chemicals in a significant transaction. This dea...
Japan's Nikkei slips as Kioxia tumbles 13%; Tokyo Electron, Panasonic limit lossesJapan’s Nikkei slipped as Kioxia plunged 13.29% following a disappointing earnings outlook, while banking stocks also weakened. Gains in To...
One Planet Partners launches maiden PE fund, targets Rs 3,000 croreOne Planet Partners has launched a private equity fund in partnership with Sumitomo Mitsui Trust Bank. The firm plans to raise over ₹3,000 ...
Global Market: Japan’s Nikkei jumps over 1% as tech rally on Wall Street lifts sentimentJapan’s Nikkei rose 1.34%, tracking Wall Street’s technology-led rally, as semiconductor stocks gained. Investors remain cautious ahead of ...
Japan’s Nikkei falls over 1% as Wall Street tech selloff rattles marketsJapan’s Nikkei 225 falls as a Wall Street tech sell-off weighs on semiconductor and AI-linked stocks. Concerns over valuations and spending...
Japan’s Nikkei jumps over 1% as AI optimism lifts chip stocks; exports rise 16.7%Japan’s Nikkei 225 rose 1.56% as renewed optimism over AI demand and gains on Wall Street lifted investor sentiment. Strong export growth a...
Japan's 20-year bond yield falls sharply after strongest auction on recordJapan's 20-year government bond yield saw a notable decline following a record demand from its recent auction. This drop marked the lowest ...
Yes Bank's evaluating capital actions to back growth plansYes Bank anticipates its Common Equity Tier 1 capital will decline due to a Supreme Court ruling. The ruling reverses the 2020 write-down o...
Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: CrisilYes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds....
Fairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankersFairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest fore...
Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 croreYes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would...
Yes Bank Q2 profit beats estimates, but Supreme Court's AT1 bond ruling impact not booked as lender weighs further appealYes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said i...
SC ruling deals a heavy blow to Yes Bank's risk equity capitalYes Bank is facing a significant reduction in its Common Equity Tier-1 capital buffer following a recent Supreme Court ruling. The court re...
Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank lossesJapan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...