By Makiko Yamazaki, Brigid Riley and Anton Bridge TOKYO (Reuters) -Nearly half of the companies on the Tokyo Stock Exchange’s (TSE) prime section have responded to a call to disclose plans to improve capital efficiency, the bourse said on Monday, as it released for the first time a list of those who had complied. The …
Some 40% of firms on top Tokyo bourse disclose capital plans amid hopes for change Read More »
BENGALURU (Reuters) – An infrastructure investment trust (InvIT) backed by India’s Mahindra Group and Canada’s Ontario Teachers’ Pension Plan Board made its trading debut on Monday, with an offer size of 22.63 billion rupees ($273 million), the two entities said. Sustainable Energy Infra Trust (SEIT) — formed to own and operate renewable power generation assets …
India’s Mahindra Group-backed infra investment trust goes public Read More »
By Bharath Rajeswaran and Manvi Pant BENGALURU (Reuters) – India’s blue-chip indexes hit record highs for a second consecutive session on Monday, led by information technology stocks after better-than-expected results from HCLTech and Wipro. The NSE Nifty 50 index added 0.93% to 22,097.45 points, while the S&P BSE Sensex climbed 1.05% to 73,327.94. The Nifty …
IT powers Indian shares to record highs for second straight session Read More »
By Josh Ye HONG KONG (Reuters) -Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world’s biggest smartphone market. The U.S. tech giant cut prices of some iPhones by 5%, its Chinese website showed on Monday. The time-limited …
Apple offers iPhone 15 at rare discount in China as competition intensifies Read More »
By Siddhi Nayak MUMBAI (Reuters) – The Indian rupee ended higher on Monday for a ninth straight session, fuelled by speculative bets its recent winning streak will continue. The rupee settled at 82.8800 to the U.S. dollar compared with its previous close of 82.9225. The rupee rose to 82.7800 intraday, the highest in more than …
Rupee gains for ninth session on speculative dollar selling Read More »
By Anton Bridge TOKYO (Reuters) – The Tokyo Stock Exchange’s (TSE) move to release a list of firms that have disclosed plans to increase their capital efficiency is its latest attempt to improve long-languishing Japanese valuations and attract overseas investors. Over the past decade, both the TSE and the government have steadily pushed to improve …
(Reuters) – The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions and the disruptive impact of artificial intelligence, a survey of top economists released on Monday found. Conducted each year ahead of the World Economic Forum’s (WEF) annual meeting in the Swiss resort of Davos, …
‘Precarious’ year ahead for world economy, Davos survey predicts Read More »
By Krishn Kaushik (Reuters) – The new Maldives president set a deadline on Sunday of March 15 for its giant neighbour India to withdraw all its troops from the tiny Indian Ocean archipelago nation. The deadline was set shortly after the Maldives president, Mohamed Muizzu, returned from a state visit to China. New Delhi has …
Explainer-Why the Maldives wants Indian troops out Read More »
NEW DELHI (Reuters) -India’s wholesale price index in December rose 0.73% year-on-year to a nine-month high, mainly on the back of higher food prices, government data showed on Monday. The rise in the index was slower than the 0.9% expected by economists polled by Reuters, but quickened from 0.26% in November. In December, food prices …
By Nimesh Vora MUMBAI (Reuters) – Investors are betting that India’s rupee will break out of its narrow range and rally this year, and are expressing that view via currency options. Volumes in the dollar-rupee options market have surged in the first few trading days of 2024, and the direction of these trades shows market …
Investors bet via options that India’s rupee will rise Read More »
