August 2024 – Page 6 – UAG Trade Asia

Foreign Lenders Lured by Rare Stake Sales in India Banks, but Tighter Rules Weigh

August 28, 2024
Finance
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MUMBAI, Aug 28 Reuters Talks to sell majority stakes in two Indian banks have attracted interest from foreign peers in Japan and the Middle East betting on a fastgrowing economy, but tighter regulations and valuation concerns could curb their appetite, analysts and sources say. The rare opportunity for foreign banks to take controlling stakes in […]

August 28, 2024
Finance
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Aug 28 Reuters Sterling dipped from twoyear highs touched against the dollar but made further ground versus the euro on Wednesday as investors focussed the prospect of diverging monetary policies in the United States and Britain. The pound slipped 0.3 to 1.3218, having climbed to its strongest level since March 22 at 1.3269 on Tuesday. […]

August 28, 2024
Finance
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Markets await US PCE data due on Friday China39;s July net gold imports via Hong Kong up 17 US consumer confidence at sixmonth high Aug 28 Reuters Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on the size of […]

August 28, 2024
Finance
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MUMBAI, Aug 28 Reuters The Indian rupee traded lower on Wednesday, but a well recognised support level ensured that the currency fared better than many of its Asian peers. The rupee was at 83.95 to the U.S. dollar at 1040 a.m. IST, compared with 83.9250 in the previous session. The currency has been holding a […]

August 28, 2024
Finance
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FTSE 100, FTSE 250 flat each Aug 28 Reuters UK39;s main FTSE 100 stock index opened slightly up on Wednesday led by pharmaceuticals and insurers, with the market outlook hinging on key economic data for expectations around interest rate cuts from the U.S. Federal Reserve. The bluechip FTSE 100 index was up 0.1 by 0710 GMT, […]

August 28, 2024
Finance
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French consumer confidence for August in line with estimates STOXX 600 up 0.2 Ageas jumps after H1 results beat estimates Aug 28 Reuters European shares touched a morethanonemonth high on Wednesday, boosted by technology stocks ahead of Nvidia39;s results later in the day and as Ageas39; betterthanexpected results lifted insurance stocks. The panEuropean STOXX 600 […]

August 28, 2024
Finance
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Previous Trading Days Events 27.08.2024 US Consumer Confidence August composite index at 103.3, surpassing the forecast of 100.9. US Richmond Fed Manufacturing Index August index drops to 19 from 17, marking the steepest decline since May 2020. Winners Vs Losers In The Forex Market On 27 August 2024, NZDUSD led the forex market with a […]

August 28, 2024
Finance
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Aug 28 Reuters The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its biggest annual jump on record. The Exchange Traded Fund tracking local government bonds is listed on the Namibian Stock Exchange and in South Africa and has […]

August 28, 2024
Finance
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How can private capital flows be reoriented to sustainable finance projects? Can interoperability between regulations be the catalyst needed to move the sustainable finance agenda forward?

August 28, 2024
Business
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Aug 28 Reuters Abercrombie Fitch lifted its forecast for annual sales on Wednesday, betting that new styles at its namesake label and a strong assortment at Hollister would draw more shoppers. Abercrombie has been revamping its offerings with new styles, featuring dressier apparel and cargo pants to attract fashionsavvy shoppers, while also tapping into the growing […]

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Foreign Lenders Lured by Rare Stake Sales in India Banks, but Tighter Rules Weigh

Pound Dips against Dollar but Continues to Rise Versus Euro

Gold Slips on Stronger Dollar, Market awaits US Data

Rupee Stalls at Familiar Support after Opening Dip

FTSE 100 Edges Up Led by Pharmaceuticals, Insurers

Tech, Insurance Stocks Lift STOXX 600 to over OneMonth High

Nvidia Earnings Release Today U.S Consumer Confidence Surges to 103.3; USDCHF Falls 0.66

Namibian Asset Demand Soars ahead of Election and amid Oil Discoveries

Interoperability of sustainable finance: buzzword or catalyst?

Abercrombie Fitch Lifts Annual Sales Forecast Betting on Steady Demand

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