For Traders   |   For Investors   |   For Fund Manager
Login Now
Sign Up

Rupee Ends Oct near Record Low; Cenbank Quells Volatility

MUMBAI, Oct 31 Reuters The Indian rupee ended near an alltime low against the dollar on Thursday amid outflows from equities and anxiety over the outcome of the U.S. election, but the central bank39;s intervention kept the local currency in a narrow range through October. The rupee closed at 84.0750 against the U.S. dollar, nearly […]
Read More

Volvo Cars Seeks to Oust Northvolt from EV Battery Venture

Volvo to acquire Northvolt39;s shares in battery JV Northvolt says it will stop funding the venture Northvolt is currently seeking funding for itself STOCKHOLM, Oct 30 Reuters Volvo Cars is seeking to take over Northvolt39;s stake in their Swedish batterymaking joint venture NOVO but will need a new partner to keep plans for a gigafactory on […]
Read More

Pradas 3rd Quarter Revenues Rise 18, Miu Miu Sales Double

Asia Pacific sales rose 12 despite Chinese demand concerns Miu Miu sales now contribute one quarter of total retail sales CEO sees potential to increase prices of some products MILAN, Oct 30 Reuters Thirdquarter net revenues for Prada rose 17.7 at constant exchange rates, driven by doubledigit retail sales growth in Asia and Europe and the […]
Read More

US Shippers Avoid East Coast Ports on Risk of Second Strike

Shippers fear another strike amid union39;s hard line against automation October39;s 3day strike ended in tentative deal, avoiding key issue of automation Union says to return to negotiations in Nov ahead of Jan 15 deadline Some shippers say 6070 risk of strike, some plan diverting goods to West Coast ports Poststrike congestion remains at key […]
Read More

Chinas Looming Fiscal Package Set to Stabilise Rather than Boost Growth

China mulls 1.4trln new debt issuance over next few years Package tackles debt overhang for local govts, developers Measures have stabilising effect, but no instant growth impact Longterm queries over high debt, weak consumption remain BEIJING, Oct 30 Reuters China39;s planned fiscal package targets damaged property and local government balance sheets that weigh on the […]
Read More

PAG’s Shan on China Stimulus, Private Consumption

Weijian Shan, Executive Chairman of PAG, shares his thoughts on the world’s second-largest economy and investment opportunities in Japan. He also discusses some of his biggest deals, including the $8 billion investment into one of the world’s largest shopping mall managers. He joins John Lee and Katia Dmitrieva on the Asia Centric podcast. 
Read More

Archives

Categories