Latest News: Markets
The BSE Sensex and Nifty50 benchmark indexes both fell almost 3% on Friday. The slump came days after the market rebounded from another steep decline on Monday.
Stocks and oil plummet after the identification of a more resistant virus variant leading to fears of new lockdowns hitting the global recovery
Tighter policy in developed economies is the single biggest risk to the 'bearish' emerging markets outlook, a survey showed
Bond yields rose, currencies weakened, and risk premiums edged up amid increased global inflation and the US Fed’s tighter policy...
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Kaisa Shares Soar After Bond Restructuring Bid25 Nov 2021
Shares of Chinese developer soared as much as 20% on Thursday on news it wants to extend maturity of a $400m bond by 18 months. Evergrande's EV unit also jumped 12%....
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DBS Bank Denies Myanmar Bond Link to Online Services Outage25 Nov 2021
DBS denied speculation originating in Myanmar that the disruptions were somehow connected to the alleged sale of treasury bonds there...
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El Salvador Plans ‘Bitcoin City’, Backed By Bitcoin Bonds21 Nov 2021
The city is being planned in the east of the Central American country and would get its energy supply from a volcano...
US authorities are moving towards kicking foreign companies off American stock exchanges if their audits fail to meet US standards...
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Elon Musk Exercises More Options, Sells $1.05b Tesla Shares24 Nov 2021
Musk, who tweeted on November 6 that he would sell 10% of his stock if users approved, has sold 9.2 million shares worth $9.9 billion since then...
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NetEase’s Cloud Village Opts For Scaled Down $500m Hong Kong IPO23 Nov 2021
The company is selling 16 million shares, which represents 7.7% of its enlarged share capital, as part of a December 2 IPO. It submitted plans to the Hong Kong Exchange on Tuesday....
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India’s Life Insurance Corp Valued At $150bn Ahead Of IPO: Mint22 Nov 2021
The insurance behemoth is planning an initial share sale by March and in talks with multiple foreign investors to join as anchor investors...
Some analysts fear the jump in prices of lithium, a key constituent of batteries that drive electric vehicles, could cool people’s adoption of electric vehicles...
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China Regulators’ Coal Price and Supply Probes Intensify28 Oct 2021
Fossil fuel crunch has been exacerbated by pressure to develop renewable energy sources and reduce emissions...
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European Groups Hit By Magnesium Output Curbs In China22 Oct 2021
Chinese government’s efforts to curb domestic power consumption restrict supply, threatening industrial production and closure of auto plants....
Regional asset managers must be able to describe the impact of their sustainable investing strategies in order to win over more investors...
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China Fund Chiefs Turn To Wind Power As Green Demands Grow03 Nov 2021
As global climate talks in Glasgow rekindled interest in China's carbon neutrality pledge, its fund managers have been rushing to launch wind power funds...
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Former BlackRock Executive Says ESG Investing is ‘Dangerous Placebo’24 Aug 2021
Executive who helped world’s largest asset manager convert the financial world to the new gold of green investing adds further to criticism of the trend he started ...
US group's first exchange-traded funds tracking China's mega-cap index began trading on Monday. Armed with over $4 billion, they are set to rival the FTSE China A50....
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Amundi Hit by €16bn China JV Outflows: FT05 Nov 2021
Shares in the Paris-based asset management group dropped 2.7% despite its quarterly profit beating estimates...
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Top China Fund Manager Dies at 41: Securities Times03 Nov 2021
Deputy general manager of China Asset Management had more than 15 years' experience in the securities industry...
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