Swiggys 1.4B India IPO Fully Sold, Big Investors Swoop in

Institutional subscription at 131 Retail portion subscribed 97 Analysts see muted listing gains next week Nov 8 Reuters Food and grocery delivery firm Swiggy39;s 1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India39;s secondlargest share sale this year. The portion reserved for […]
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Trump Win Heightens Risks for BOJ as Yen Renews Slide

160 yentothedollar seen as Japan authorities39; line in sand Japan issues fresh warning against excessive yen falls Chance of BOJ hike in December may rise if yen keeps falling TOKYO, Nov 7 Reuters A dollar rally triggered by Republican Donald Trump39;s victory in the U.S. presidential election could heighten pressure on the Bank of Japan to raise […]
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Sterling Claws Back Losses ahead of BoE Decision

LONDON, Nov 7 Reuters The pound rose on Thursday ahead of a Bank of England rate decision, although trading was still mostly dominated by the reverberations of Donald Trump39;s win in the U.S. presidential elections that fuelled a huge dollar rally. The BoE is widely expected to cut rates at this meeting, although what happens […]
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Gold Rises as Traders Brace for Fed Rate Decision

Dollar slips from a fourmonth high China39;s central bank pauses gold purchases for sixth straight month Fed rate decision due at 1900 GMT Nov 7 Reuters Gold prices rose on Thursday but traded near a threeweek low, as market participants awaited an expected rate cut decision by the U.S. Federal Reserve later in the day. […]
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Trumps Win Emboldens Dollar Bulls as they Brace for Tariffs

Dollar39;s rise could hurt U.S. companies and emerging markets Interest rate trajectory crucial for dollar39;s future Tariffs may harm U.S. economy, reducing dollar strength NEW YORK, Nov 7 Reuters Donald Trumps imminent return to the White House is putting a spotlight on the U.S. dollar, which could have farreaching implications for everything from domestic manufacturers to emerging […]
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Asia exChina Equities have Biggest Monthly Foreign Outflow in nearly 212 yrs

Nov 7 Reuters Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the U.S. presidential election outcome reacted to concerns over weakerthanexpected corporate earnings, overvalued stocks and rising bond yields. According to LSEG data, foreigners offloaded a robust 15.38 billion worth of stocks in India, South Korea, Thailand, Taiwan, Indonesia, […]
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