Assets managed by sovereign wealth funds fell nearly 8 Assets of public pension funds dropped almost 6 LONDON, Jan 1 Reuters Heavy falls in stock and bond markets over the last year have cut the combined value of the world39;s sovereign wealth and public pension funds for the first time ever and to the tune […]

BENGALURU, Dec 29 Reuters Foreign investors39; selloff in Indian equities was the biggest on record in 2022, dragging the benchmark indexes to their smallest annual gain in four years, but analysts expect purchases by crossborder investors to rebound next year. Foreign portfolio investors FPIs sold 1,219.08 billion rupees 14.73 billion worth of Indian equities in […]

Jan 2 Reuters Major Gulf stock markets were mixed on Monday, coming off gains in 2022 for most, as investors braced for the new year with worries about a potential recession, crude demand and the U.S. Fed hiking rates further. Gulf Cooperation Council countries are in the firing line of Fed policy moves as five […]

Euro zone factories39; darkest days likely over, Dec PMIs show ECB must stop wage growth from fuelling inflation Lagarde Germany39;s finance minister sees 2023 inflation at 7 Croatia joins euro, Schengen area STOXX 600 up 0.8 Jan 2 Reuters European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing […]

Dollar edges up on first trading day of 2023 Dollar ended 2022 with its best year since 2015 But sentiment turning on view of peak rates LONDON, Jan 2 Reuters The dollar edged up on Monday, pulling away from recent sixmonth lows against a basket of major currencies, for now. It has weakened recently as […]