Dollar slides as Fed rate hike expectations trimmed on SVB collapseThe Fed announced it would make additional funding available through a new Bank Term Funding Program, which would offer loans up to one yea...
Dollar seesaws ahead of busy central bank week, euro higher after Spain CPIThe U.S. dollar index, which measures the currency against a basket of its peers including the euro, was flat at 101.88, having hit an eigh...
Dollar jumps to two-week high, euro slides as German inflation easesThe dollar index, which measures the U.S. unit against six major currencies including the euro, was last up 1.1% at 104.82. The index rose ...
FIIs not gung-ho on prospects of India equity in Samvat 2076FIIs have applauded India’s efforts to act decisively, but say they may not just be enough.
FPIs turn bullish on India; but some fear weak fiscal positionFriday’s rally of more 2,000 points was supported largely by DIIs.
FIIs cheer FM’s booster pack; but say it arrived a little too lateAccording to Alava of Nordea, the stimulus package will be positive for the economy.
ECB ends crisis-fighting bond buys but eyes increasing risksDraghi stuck close to the bank's argument that the drivers of growth remain in place and that the slowdown is merely a return to normal aft...
Earnings drive the day as European stocks falter at one-month highsIt took British rival WPP down 2.7 per cent along with it.
Want to win the trade war? Long the dollarWith bullion last week posting its worst first-half performance in five years, investors are recalculating how they weight traditional asse...
Rupee to rebound but path rife with pitfalls: PollThe Indian currency hit an 18-month low of 68.47 per dollar in May.
Finland's Nordea buys Rs 75-crore worth stake in Reliance InfrastructureNordea Fund today acquired over 17 lakh equity shares of Reliance Infrastructure for Rs 75.16 crore through an open market transaction.
ICICI Prudential MF launches 'fund of funds' schemeICICI Prudential Mutual Fund today launched an open-ended scheme which has the mandate to invest in overseas equities.
MFs tap foreign investors to ease redemption pressure, pitch a slew of products to global institutionalFaced with huge redemption pressures, mutual funds have now increased focus on global market investors, selling a slew of equity and debt p...
- FIIs worried about equities not Indian equities: Christophe Girondel, Nordea
India is a big complex market and you need to have a good onshore manager to take your investments through, says Christophe Girondel of Nor...
- ICICI Prudential AMC ties up with Europe's Nordea
"This partnership brings together two reputed asset management cos that can leverage on their strengths of investment expertise and distrib...
- ICICI Prudential AMC enters into a partnership with Nordea AM
This exclusive partnership between ICICI Prudential AMC and Nordea AM allows both entities to capitalize on each other's respective strengt...
- ICICI Prudential to manage Sweden's Nordea Bank's AMC in India
ICICI Prudential Mutual, the country's third largest fund house, has secured the mandate to manage the Indian investments of Stockholm-base...