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Source: Live Mint (Bloomberg) — Chile’s central bank cut its key interest rate by a quarter point for the third meeting and delivered a stern warning on short-term inflation challenges, raising the odds of a coming pause to its easing cycle. Policymakers led by Rosanna Costa voted unanimously to lower borrowing costs to 5% late…
Source: Live Mint (Bloomberg) — The Bank of Japan is set to discuss whether or not an interest rate hike is warranted on Thursday, with views from officials suggesting a lean toward a hold amid growing market speculation of a January move. Governor Kazuo Ueda’s board is expected to leave its benchmark rate unchanged…
Source: Live Mint (Bloomberg) — Bitcoin reached an all-time high for a second consecutive day, with traders eyeing the $110,000 price level. The original cryptocurrency rose as much as 2.1% to $108,315 on Tuesday, before retreating back to its price at the start of the day around $106,000. It has surged more than 150%…
Source: Live Mint Turkey’s top market regulator dismissed speculation that pandemic-era trading limits will be lifted, calling the measures vital for market stability. Omer Gonul, chairman of the Capital Markets Board, said the curbs — which were tightened in 2020 to counter price swings — remain crucial for protecting retail investors from excessive risks. The…
Source: Live Mint Trent, a Tata Group company renowned for its diverse retail portfolio, has seen exceptional growth in its share price this year and is poised to deliver multibagger return. The strong demand for the Nifty 50 stock continues to drive its impressive performance on Dalal Street. Although the stock has witnessed some profit…
Source: Live Mint MUMBAI, Dec 17 (Reuters) – Indian government bond yields rose on Tuesday, with the benchmark yield inching above the key 6.75% level, after the rupee fell to yet another record low and as investors braced for the Federal Reserve’s monetary policy meeting. The 10-year yield ended at 6.7588%, compared with its previous…
Source: Live Mint The market regulator has introduced new regulations seeking a clear segregation of offshore derivative instruments (ODIs) and foreign portfolio investors (FPIs) and mandated more disclosures to reduce systemic risks in India’s capital markets. ODIs are investment vehicles that allow overseas investors to gain exposure to Indian equities or equity derivatives. While the…
Source: Live Mint India’s market regulator has found that investments worth more than ₹1 trillion by alternative investment funds (AIFs) were circumventing regulations, underscoring the need for a more robust investor protection-oriented approach, according to wholetime member Ananth Narayan G. “Out of the five trillion of actual drawdown, around one trillion of investment has been…
Source: Live Mint Mumbai, Dec 17(PTI) Capital markets regulator Sebi wants to prevent exuberance, price manipulations and fraudulent trading practices on the Small and Medium Enterprises exchange, a senior official said on Tuesday. Addressing the India SME Banking Summit here, Whole Time Member Ashwani Bhatia said the regulator’s board will be taking up the issue…
Source: Live Mint Capital market regulator Securities and Exchange Board of India (Sebi) has proposed a platform to give relief to those investors who have lost track of their mutual fund investment. By releasing a draft circular on Tuesday, Sebi has expressed the intent to launch a service platform, MITRA or Mutual Fund Investment Tracing…
