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Bloomberg

Page 758 - Bloomberg

Time running out fast for YES Bank as it scouts for a new investor

Yes Bank Ltd. shares tumbled the most in two months after its board deferred an announcement on new investors, prompting a warning about the risks to the Indian financial system

Time running out fast for YES Bank as it scouts for a new investor
Updated On : 12 Dec 2019 | 9:41 AM IST

S&P ratings sees debt downgrade for India if economic slide continues

Sovereign bonds slid after the report, with the yield on the benchmark 10-year note rising 5 basis points to 6.76 per cent

S&P ratings sees debt downgrade for India if economic slide continues
Updated On : 12 Dec 2019 | 9:01 AM IST

China is the biggest jailer of journalists this year, detains 48

Hua, the foreign ministry spokeswoman, didn't address the condition of local reporters in her response to questions about the report

China is the biggest jailer of journalists this year, detains 48
Updated On : 12 Dec 2019 | 8:16 AM IST

Scandal and slowdown: Diamond hub Surat latest pillar of economy to wobble

Banks have been scared off from lending to jewelers in Surat after the Nirav Modi scandal broke, with credit to the sector down 14% in October from March 2018.

Scandal and slowdown: Diamond hub Surat latest pillar of economy to wobble
Updated On : 12 Dec 2019 | 6:50 AM IST

Indian bonds are the worst-performing in Asia and they may fall further

The Reserve Bank of India's shock hold on rates had sparked the worst weekly fall in bond prices in more than one-and-a-half years

Indian bonds are the worst-performing in Asia and they may fall further
Updated On : 12 Dec 2019 | 6:49 AM IST

US Fed leaves rates unchanged, signals policy will continue through 2020

Policy makers had been widely expected to leave rates on hold after three straight cuts that helped calm concerns the economy could falter

US Fed leaves rates unchanged, signals policy will continue through 2020
Updated On : 12 Dec 2019 | 6:34 AM IST

Saudi Aramco soars on debut to hit market value of $1.88 trillion

Aramco raised $25.6 billion in the biggest-ever IPO, selling shares at 32 riyals each and valuing the company at $1.7 trillion.

Saudi Aramco soars on debut to hit market value of $1.88 trillion
Updated On : 12 Dec 2019 | 1:08 AM IST

Google out of top 10 best workplaces, Facebook touches its lowest ranking

Microsoft Corp. was one of the lone big technology companies to jump in the rankings

Google out of top 10 best workplaces, Facebook touches its lowest ranking
Updated On : 11 Dec 2019 | 11:47 PM IST

India's coal power usage set to shrink for the first time in 14 years

Coal generation fell for a fourth month in November, the longest such streak in government data going back to 2005.

India's coal power usage set to shrink for the first time in 14 years
Updated On : 11 Dec 2019 | 9:23 PM IST

IIFL sees opportunity in crisis, bets on beleaguered financial sector

Defaults that began in 2017 with the IL&FS Group have triggered liquidity issues across other banks and shadow lenders that now face increased regulatory scrutiny

IIFL sees opportunity in crisis, bets on beleaguered financial sector
Updated On : 11 Dec 2019 | 1:15 PM IST

Unable to find itself a decent suitor, YES Bank needs an arranged match

Yes Bank needs an arranged match brokered by the RBI, or it's No Bank

Unable to find itself a decent suitor, YES Bank needs an arranged match
Updated On : 11 Dec 2019 | 10:30 AM IST

Credit crisis is easing in India, but only for safest corporate borrowers

The cash squeeze in the nation's shadow banking industry, which lends to everyone from street vendors to property tycoons, shows few signs of abating

Credit crisis is easing in India, but only for safest corporate borrowers
Updated On : 11 Dec 2019 | 7:59 AM IST

From Byju's to Swiggy: Next wave of tech unicorn listings could be in India

Mohandas Pai expects food delivery platforms Swiggy and Zomato, as well as PhonePe and Myntra to list in local markets in next few years

From Byju's to Swiggy: Next wave of tech unicorn listings could be in India
Updated On : 11 Dec 2019 | 7:45 AM IST

PSBs want ex-billionaire Mallya to be declared bankrupt over $1.52 bn debt

He was arrested in London in April 2017 after 17 banks accused him of willfully defaulting on more than Rs 91 billion

PSBs want ex-billionaire Mallya to be declared bankrupt over $1.52 bn debt
Updated On : 11 Dec 2019 | 7:45 AM IST

After dropping out of RCEP, India eyes trade deals with ASEAN countries

China said that the other 15 countries decided to move ahead with the pact and New Delhi was welcome to join RCEP whenever it was ready

After dropping out of RCEP, India eyes trade deals with ASEAN countries
Updated On : 11 Dec 2019 | 7:42 AM IST

Morgan Stanley sacks 1,500 globally, including MDs, in year-end job cuts

The strategy has largely paid off, with Morgan Stanley gaining market share even while it reduced headcount and capital dedicated to the business

Morgan Stanley sacks 1,500 globally, including MDs, in year-end job cuts
Updated On : 11 Dec 2019 | 1:47 AM IST

Morgan Stanley fined $22 million for French bond market rigging

The bank manipulated the prices of 14 French government bonds and 8 Belgian bonds in June 2015

Morgan Stanley fined $22 million for French bond market rigging
Updated On : 10 Dec 2019 | 9:33 PM IST

Japan not in the mood to join RCEP if India doesn't come on board

Abe has sought to beef up ties with India across a range of fields to balance China's regional dominance

Japan not in the mood to join RCEP if India doesn't come on board
Updated On : 29 Nov 2019 | 10:16 PM IST

Did full thrust revving of engines lead to grounding of Indigo's Airbuses?

Climbing at full thrust can help planes burn less fuel, two of the people said

Did full thrust revving of engines lead to grounding of Indigo's Airbuses?
Updated On : 29 Nov 2019 | 9:32 PM IST

How mobile games and Ronaldo made a 'Free Fire' 39-year-old a billionaire

The executive holds an 8.4 per cent stake in the company and is worth $1 billion, according to the Bloomberg Billionaires Index. A company representative declined to comment on his net worth

How mobile games and Ronaldo made a 'Free Fire' 39-year-old a billionaire
Updated On : 29 Nov 2019 | 3:38 PM IST