Foreign Investors Struggle to Keep Up with Indias Rise

India surges toward leading position on EM benchmark Mid and large stocks have highest PE ratio globally LSEG Funds shy of buying deepen underweight allocation SINGAPORE, Sept 5 Reuters India39;s stock market rally is ramping up its index weighting and creating a dilemma for global fund managers sit back and watch as their relative exposure […]
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Irish Domestic Economy Contracts 0.5 in Q2

DUBLIN, Sept 5 Reuters Ireland39;s domestic economy contracted by 0.5 in the three months to the end of June compared with the previous three months, with personal consumption and government expenditure up, but construction, agriculture and hospitality all weaker. On an annual basis, domestic demand was up 1.5 in the second quarter, the Central Statistics […]
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US Weekly Jobless Claims Fall amid Low Layoffs

  Weekly jobless claims fall 5,000 to 227,000 Continuing claims drop 22,000 to 1.838 million Private payrolls increase 99,000 in August WASHINGTON, Sept 5 Reuters The number of Americans filing new applications for jobless benefits declined last week as layoffs remained low, which could help to allay fears that the labor market was deteriorating. The […]
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Dollar Sags as Traders Up their Bets on Jumbo US Rate Cuts

Concern over U.S. economy underpins ratecut expectations Market focus on Friday39;s U.S. jobs report Options markets preparing for large moves Dollar at onemonth low vs yen, euro and sterling higher LONDON, Sept 5 Reuters The dollar touched onemonth lows against the yen and was under pressure against other major currencies on Thursday as growing concern […]
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Logitech Founder Fails in Attempt to Oust Chairperson

ZURICH, Sept 4 Reuters Logitech International founder Daniel Borel on Wednesday failed in his attempt to oust Chairperson Wendy Becker, having accused her of failing to provide leadership at the maker of computer mice and keyboards. Just under 86 of shareholders voted for the reelection of Becker at the company39;s annual general meeting in Lausanne, against the wishes […]
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