Toshiba bidders narrowed down to two company groups

And another by Tokyo-based fund Japan Industrial Partners Inc., sources familiar with the matter have said.Has received bids for rebuilding the conglomerate from two groups of companies, one led by st…

Pakistan CPI inflation slows to 23.2% y/y in September

Concerns have been rising over Pakistan economy as foreign reserves run low, the local currency weakens and inflation soared despite the resumption of an international Monetary Fund (IMF) funding pro…

Macro hedge funds turn in banner year in volatile market

Hedge funds that gamble on macroeconomic shifts have been a rare bright spot in a dismal market, racking up their highest returns in years on the back of some of the biggest interest-rate and currency…

China to cut housing loan rates for first-home buyers

China to cut housing loan rates for first-home buyers

The housing provident fund is a long-term housing savings plan made up of compulsory monthly deposits by both employers and employees.30 (Xinhua) — China central bank announced on Friday that it wou…

Insider trading rules to cover MF units too

The new chapter will include definitions of unpublished price-sensitive information, generally available information and other related terms for mutual funds, a sebi release said.A separate code of co…

Infrastructure funds can help you to build wealth

Daniels points out that independent investors used to be excluded from the opportunity to back such technologies, and also projects that demand big capital such as roads and railways.Dawes comments: …

Sebi seeks pricing rationale for fund-raises before IPO

If a company is gift shares in the IPO at Rs 450 and the same shares were sold to a handful of investors just a few months ago at Rs 150, Sebi would like to know what had changed in the company betwee…

Stocks snap seven-day losing streak

Gurvinder Singh Wasan, a senior fund manager and credit analyst-fixed income, JM Financial Asset Management Ltd, said, Considering H2FY23 calendar announcement, we witnessed a slight steepening in the…