The FinTech Hub
Source: Live Mint Yen and Swiss franc jump as investors seek safety Tech selloff pushes U.S. stocks lower Central bank policy meetings and economic data in focus (Updates headline, first graph and prices throughout, adds fresh analyst quote) By Chibuike Oguh and Stefano Rebaudo NEW YORK, Jan 27 (Reuters) – The Japanese yen and the…
Source: Live Mint Inflows to ESG funds smallest since 2018 Investors pull $19.6 bln from US sustainable funds In Europe, 351 fund closures outpace 235 launches LONDON, – Money flowing into global sustainable funds shrank by half in 2024 and in Europe closures of such funds outpaced new launches, as anti-ESG sentiment and subpar returns…
Source: Live Mint U.S. stocks dropped sharply on Monday, led by technology shares, as surging interest in Chinese startup DeepSeek’s low-cost artificial intelligence model raised doubts over the sector’s lofty valuations. The Dow Jones Industrial Average fell 0.27%, to 44,305, the S&P 500 lost 1.72% to 5,996 and the Nasdaq Composite fell around 3% to…
Source: Live Mint (Bloomberg) — Foreign investors are selling Chile’s local government debt, pushing their holdings to the lowest in seven years amid poor liquidity and low interest rates. Non-resident holdings of bonds issued in the local market fell to $6.6 billion at the end of 2024, from about $10 billion three years earlier, reaching…
Source: Live Mint Tata Steel Q3 results: Tata Group-owned Indian steel manufacturing giant Tata Steel announced its October to December quarter results on Monday, January 27. The company’s net profit for the third quarter dropped 43 per cent to ₹295.49 crore, compared year-on-year (YoY) with ₹522.14 crore in the same period a year ago, according…
Source: Live Mint KARACHI – Pakistan’s central bank cut its key policy rate by 100 basis points to 12% on Monday, for a sixth straight reduction since June as the country attempts to revive business and economic sentiment amid easing inflation. The State Bank of Pakistan has slashed rates by 1,000 bps from an all-time…
Source: Live Mint Stock Market Today: Coal India on Monday along with its financial performance also declared a second interim dividend of ₹5.60 per share:. Coal India second interim dividend details The Board of Directors of Coal India at its meeting held on 27 January 2015 to consider and approve the financial performance for the…
Source: Live Mint Stock Market Crash Today: Small-cap stocks continued to face heavy selling pressure for the second straight trading day on Monday, January 27, with the majority of stocks registering losses between 5% and 13% as investors reacted negatively to the weak earnings reported by companies so far for the December quarter and failing…
Source: Live Mint Rohit Murarka, Business Head, Kotak Cherry believes the market is expecting some kind of stimulus in the budget as the overall economy, especially demand conditions, is facing a slowdown. Murarka suggested that investors diversify investments across various asset classes like equities, fixed income, real estate, and commodities. This strategy helps mitigate risks…
Source: Live Mint Adani Wilmar released its December quarter performance today, January 27, reporting a 104.5% jump in its consolidated net profit, reaching ₹411 crore in Q3FY25, which marks the highest quarterly PAT for the company. In the same quarter last year, the company reported a net profit of ₹201 crore, and in the preceding…
