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Dollar falls against yen, Swiss franc as traders weigh China outlookAfter hitting a one-week high against the yen on Wednesday, which saw the dollar touch 134.40, the greenback hit a session low against the ...- Cryptos turn attractive after crackdowns"I'm in the 'yes' camp. As a professional investor, you need a regulated investment opportunity and it opens the doors for more professiona...
- Will we be back at the office soon? Managers keep fingers crossed for back-to-work final dates as Omicron wanes offManagers are hanging up welcome balloons and dusting off monitors.
- Slow slog in stocks now a steamroller crushing every naysayerVirtually doubling from a bear market bottom in 17 months, fueled by Federal Reserve stimulus, the seemingly never-ending succession of lit...
- Samunnati acquires agri-supply chain firm Kamatan in an all-stock dealWith the new acquisition, the Chennai-based Samunnati is expected to increase its outreach to new farmer producer organisations (FPOs), sma...
- Annapurna Finance mobilises $30 mn in equity from Nuveen Global Impact"Nuveen’s expertise and funding will help us meet our expansion plans and we look forward to working with them to develop our climate initi...
- PIMCO, Goldman Sachs, Fidelity, BlackRock subscribe to Airtel's overseas bondsThe Sunil Mittal-led telco said it has priced $750 million worth of senior 10.25-year bonds at a yield of 187.5 basis points for an implied...
- Gold gains on weak dollar as focus turns to Georgia run-offsSpot gold was up 0.3% at $1,947.18 an ounce by 10:38 a.m. EST (1538 GMT), having earlier scaled its highest level since Nov. 9, at $1,952.3...
- Joe Biden considers Roger Ferguson, Brian Deese to lead his economic councilPresident-elect Joe Biden is considering Roger Ferguson, a former Federal Reserve vice chair, and Brian Deese, an executive at BlackRock, t...
- Joe Biden says has picked treasury secretary, announcement soon"We made that decision and you'll hear that just before or just after Thanksgiving," Biden told reporters, referring to the November 26 hol...
- Stock market bulls have gone off the rails. AgainWhen it’s 11 years into a massive rally and share values soar by $1 trillion in two weeks, skeptics come out of the woodwork.
- It’s not just the Fed and Trump that trouble the marketFalling short of earnings forecasts has led to swift consequences.
- Nuveen puts Rs 232 crore in impact investment asset manager AavishkaarThe investment, which has been made at the holding company level, will be used by Aavishkaar-IntelleCap Group to further shore up its stake...
- Wall Street’s bond gurus have it all wrong as QE unwind loomsDuring each of the Fed’s quantitative-easing cycles, yields rose when the central bank was buying and then fell after it stopped.
- India Inc's foreign borrowings in November stood at $488.49 mnThe number of companies raising money through ECB route in November 2016 fell to 34 from as high as 53 in November 2015.
- Lok Capital raises Rs 300 crore for new fund, targeting Rs 700 croreLok Capital expects to deploy the fund in next five years, targeting investments ranging from $2 million (Rs 13.4 crore) to $10 million (Rs...
- Pimco, others sue Citigroup over billions in mortgage debt lossesCitigroup reportedly breached its duties as trustee for the 25 private-label trusts dating from 2004 to 2007 by ignoring deficiencies in ho...
- Bernanke takes hit on investmentsThe top US financial official saw his net worth fall by more than a quarter in 2008, to between $850,000 and $1.9 million. Financial crisis...
- Shareholders eject Ken Lewis from BankAm chairmanshipBank of America Corp, the biggest US bank by assets, picked a 16-year board veteran and academic as chairman after shareholders chased Kenn...
- New mortgage giant CEOs face tough challengesThe two men tapped to lead Fannie Mae and Freddie Mac through a period of unprecedented difficulty bring a wealth of experience and reputat...
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