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Source: Live Mint NEW YORK (Reuters) -U.S. stocks ended a see-saw session with gains and benchmark Treasury yields slid on Wednesday as disappointing earnings and mixed economic data counterbalanced easing jitters of a spreading global trade war. All three major U.S. stock indexes closed in positive territory, but the tech-heavy Nasdaq’s nominal gain was held…
Source: Live Mint (Bloomberg) — South Korea’s biggest new listing in more than two years got off to a weak start as LG CNS Co. fell on its Seoul trading debut after a 1.2 trillion won ($821 million) initial public offering. Shares of the diversified technology-services unit of LG Group sank 9.9% to 55,800 won,…
Source: Live Mint Amwill Healthcare initial public offering (IPO) opened for subscription on February 5. The small and medium enterprise (SME) issue has been subscribed 0.69 times so far on the first day of bidding. Amwill is a derma-cosmetic development company that collaborates with contract manufacturers, distributors, and third-party product development agencies. These partnerships have…
Source: Live Mint MUMBAI : Foreign portfolio investors (FPIs) had amassed a record 153,404 short contracts on Nifty and Bank Nifty futures as of Tuesday, a day before the Reserve Bank of India’s Monetary Policy Committee (MPC) begins its three-day meeting (5-7 February). Markets widely expect a 25-basis-point rate cut. “These shorts are at a…
Source: Live Mint By Sergio Goncalves and Andrei Khalip LISBON, Feb 5 (Reuters) – Novo Banco’s planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor Mario Centeno said on Wednesday, but he urged a cautious approach to any further acquisitions or consolidation. Novo Banco was created in 2014…
Source: Live Mint If you are planning to raise a personal loan remember that one of the key criteria that determines your application is your credit score. You can check your credit score for free here on Livemint. Let us suppose you want to raise a loan and your application was denied because of a…
Source: Live Mint Taking a breather after recent rally, stock markets closed lower on Wednesday as investors turned cautious ahead of the RBI’s monetary policy decision later this week and trade war concerns. The 30-share BSE Sensex declined 312.53 points or 0.40 per cent to settle at 78,271.28 with 21 of constituents closing down and…
Source: Live Mint Christopher H Browne, is a renowned name in the world of value investing. He is even today celebrated for his strategic insights on value investing backed with calmness and discipline. Further, Christopher H Browne’s influential book, The Little Book of Value Investing, simply captures the essence and fundamental principles of another giant…
Source: Live Mint Investors should avoid systematic investment plans (SIPs) in small cap and mid cap mutual funds right now and even consider redeeming their investments in such funds as valuations are ‘absurd’, S Naren, executive director and chief investment officer of ICICI Prudential Asset Management Company, said on 25 January at an event organised…
Source: Live Mint Asian currencies also slumped after the dollar rallied on Trump’s sweeping tariffs that impose a 25% levy on Mexican and Canadian imports into the U.S., while those from China will attract a 10% charge. The tariffs kick in on Tuesday. While intermittent dollar sales from state-run banks helped limit the rupee’s decline,…
