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Page 711 - Bloomberg

India's valuation relative to EMs still less pricey than before, show data

While the S&P BSE Sensex Index is near the most expensive on record, its premium over the MSCI EM Index is only around 45 per cent

India's valuation relative to EMs still less pricey than before, show data
Updated On : 23 Oct 2020 | 10:06 PM IST

Valuation gaps: Growth stock rally leaves more room for disappointment

Since 2002, the MSCI AC World Growth Index has about doubled the return of its value counterpart, yet its relative earnings expectations have failed to grow at a similar pace

Valuation gaps: Growth stock rally leaves more room for disappointment
Updated On : 23 Oct 2020 | 9:58 PM IST

Over two-thirds of Indian Americans expected to vote for Biden, says survey

Indian American voters are less than 1 per cent of the US electorate, but the diaspora is seen as one of the most rapidly growing immigrant groups.

Over two-thirds of Indian Americans expected to vote for Biden, says survey
Updated On : 15 Oct 2020 | 1:04 AM IST

Westpac Banking to cut more than 150 jobs as bank exits China, India

Westpac will consolidate its overseas operations into three hubs -- Singapore, London and New York -- and institutional banking services will also be streamlined, Westpac said

Westpac Banking to cut more than 150 jobs as bank exits China, India
Updated On : 14 Oct 2020 | 11:17 PM IST

Race for coronavirus cure hits reality as clinic complications mount

Regulators and drugmakers have faced questions about whether political pressure was overwhelming scientific rigor ahead of the presidential election on Nov. 3

Race for coronavirus cure hits reality as clinic complications mount
Updated On : 14 Oct 2020 | 10:11 PM IST

Countries start hoarding food as prices rise and Covid-19 crisis worsens

Covid-19 has forced consumers to shift from just-in-time inventory management to a more conservative approach which was labelled just-in-case

Countries start hoarding food as prices rise and Covid-19 crisis worsens
Updated On : 14 Oct 2020 | 9:43 PM IST

India's diamond exports to dip by a quarter; slump worse than 2008 crisis

The measures to control the pandemic meant production centers were closed or operating at very low levels, and rough-diamond imports fell in line with poor end-product demand

India's diamond exports to dip by a quarter; slump worse than 2008 crisis
Updated On : 14 Oct 2020 | 4:01 PM IST

China planning to inject students with Covid-19 vaccines yet to be approved

The two shots being developed by CNBG -- which are still in the final, third phase of testing -- were authorized for emergency use in China

China planning to inject students with Covid-19 vaccines yet to be approved
Updated On : 14 Oct 2020 | 9:54 AM IST

Expecting demand bump in festive season, oil companies ramp up refining

Indian Oil Corp., the nation's top processor, is currently operating its refineries at an average rate of 86% of capacity, compared with 66.7% in August

Expecting demand bump in festive season, oil companies ramp up refining
Updated On : 14 Oct 2020 | 8:28 AM IST

Tide turning for bonds after RBI's liquidity bonanza, signs of recovery

The expectations are for the 10-year yield to drop further to 5.75%, a level last seen in July, according to a median estimate of 15 traders surveyed by Bloomberg

Tide turning for bonds after RBI's liquidity bonanza, signs of recovery
Updated On : 14 Oct 2020 | 8:07 AM IST

Kareem Daniel rises from intern to streaming czar in Disney's shake up

On Monday, he ascended to a top job at the dominant force in comic-book lore -- and many other forms of entertainment -- Walt Disney Co

Kareem Daniel rises from intern to streaming czar in Disney's shake up
Updated On : 14 Oct 2020 | 1:54 AM IST

HSBC Holdings is left off first china dollar bond deal since 2017

Planned for this week, the $6 billion sale will be arranged by 13 banks, including four Chinese lenders and foreign banks such as Bank of America Corp., Citigroup Inc. and Standard Chartered Plc

HSBC Holdings is left off first china dollar bond deal since 2017
Updated On : 14 Oct 2020 | 1:46 AM IST

Buoyed Chinese stock market tops $10 trillion, shrugs off 2015 rout

The world's second-largest stock market has added $3.3 trn since March lows

Buoyed Chinese stock market tops $10 trillion, shrugs off 2015 rout
Updated On : 14 Oct 2020 | 1:31 AM IST

Vedanta to return $2.5 billion funds after delisting plan fails: Report

Vedanta Resources Ltd will repay $1.4 billion raised via bonds and another $1.1 billion in loans, with a small amount of interest, as early as this week

Vedanta to return $2.5 billion funds after delisting plan fails: Report
Updated On : 14 Oct 2020 | 1:30 AM IST

Car sales in China shine as rest of the world reels from coronavirus

Sales of sedans, SUVs, minivans and multipurpose vehicles jumped 7.4 per cent in September from a year earlier to 1.94 million units

Car sales in China shine as rest of the world reels from coronavirus
Updated On : 14 Oct 2020 | 1:15 AM IST

Disney wants to do a Netflix, rejigs operations to focus on streaming

The company is putting its TV networks, film studio and direct-to-consumer divisions inside one big group called Media and Entertainment, Disney said on Monday

Disney wants to do a Netflix, rejigs operations to focus on streaming
Updated On : 14 Oct 2020 | 1:07 AM IST

Indices rise for 9th straight day, post longest-winning streak since 2018

The last time the Sensex had gained for nine straight sessions was in April 2018

Indices rise for 9th straight day, post longest-winning streak since 2018
Updated On : 14 Oct 2020 | 1:03 AM IST

Indonesia's state Islamic bank merger to form $15 billion mega entity

PT Bank Mandiri, PT Bank Negara Indonesia and PT Bank Rakyat Indonesia signed a conditional deal on Monday to combine their Shariah-compliant units

Indonesia's state Islamic bank merger to form $15 billion mega entity
Updated On : 14 Oct 2020 | 1:02 AM IST

SoftBank preparing to unveil a blank-check company to raise funds

Rajeev Misra, the head of the Vision Fund, teased the effort in an interview with Bloomberg at the Milken Institute's virtual conference, without providing details

SoftBank preparing to unveil a blank-check company to raise funds
Updated On : 14 Oct 2020 | 12:56 AM IST

GoAir pilots shut down P&W engine mid-air, even after fixes: Report

The twin-engine jet, operated by Go Airlines India Ltd, landed safely using its other engine in the western city of Ahmadabad on Sept 19

GoAir pilots shut down P&W engine mid-air, even after fixes: Report
Updated On : 13 Oct 2020 | 10:01 PM IST