CLSA hikes India allocation to 20% overweight on foreign inflow bets, reverses China call post-Trump win | Stock Market News

CLSA hikes India allocation to 20% overweight on foreign inflow bets, reverses China call post-Trump win | Stock Market News

Source: Live Mint Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. In its report titled ‘Pouncing Tiger, Prevaricating Dragon’, CLSA cited challenges facing Chinese markets in the aftermath of Donald Trump’s victory in the US…

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Cruise fined 0k for submitting a false report after last year’s pedestrian crash

Cruise fined $500k for submitting a false report after last year’s pedestrian crash

Source: The Verge Under the deferred prosecution agreement, Cruise is required to pay a $500,000 criminal fine, cooperate with government investigations, implement a Safety Compliance Program, and provide annual reports to the United States Attorney’s Office on implementation and remediation. If Cruise fails to completely perform or fulfill its obligations under the agreement during the…

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Bitcoin To 0,000? VanEck Expert Predicts When

Bitcoin To $180,000? VanEck Expert Predicts When

Source: Bitcoinist In a recent interview on CNBC’s “Squawk Box,” Matthew Sigel, Head of Digital Assets Research at VanEck, predicted that Bitcoin’s current rally is “just getting started” and is expected to continue for at least two more quarters. The BTC price briefly surpassed $93,000 on Wednesday before experiencing a slight pullback, marking an impressive…

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UK Prepares Crypto Plan As Trump’s Pro-Bitcoin Stance Lures Startups To The US

UK Prepares Crypto Plan As Trump’s Pro-Bitcoin Stance Lures Startups To The US

Source: Bitcoinist According to the latest reports, the British government is moving to establish its regulatory approach for the cryptocurrency sector to maintain the country’s attractiveness as a destination for crypto businesses. This initiative follows the election victory of Donald Trump in the United States, a development that has stirred enthusiasm within the crypto industry…

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