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Mark Mobius follows Goldman bet on China boost for emerging market equities

They said they expect further upside in emerging-market equities, with spillovers from China's growth in several countries such as South Korea, Malaysia and South Africa

Mark Mobius follows Goldman bet on China boost for emerging market equities
Updated On : 11 Oct 2024 | 11:19 PM IST

Tesla sells $783 million of prime auto lease-backed debt to investors

Tesla's latest deal comes from its active lease platform, and is made up of more than 26,000 leases with borrowers holding a weighted average FICO credit score of 764, according to deal documents

Tesla sells $783 million of prime auto lease-backed debt to investors
Updated On : 11 Oct 2024 | 8:43 PM IST

Russian exporters fear liquidity crunch as payments stall on sanctions risk

That's adding to pressures on their cash reserves, the people said, particularly as overnight borrowing costs on domestic and foreign currencies have surged above 20% and there's little

Russian exporters fear liquidity crunch as payments stall on sanctions risk
Updated On : 11 Oct 2024 | 6:00 PM IST

UK govt mulling exit tax for millionaires moving to 'tax-paradise' UAE

Exit taxes are rarely big revenue raisers, especially as they often take the form of a levy on future capital gains if and when assets are sold

UK govt mulling exit tax for millionaires moving to 'tax-paradise' UAE
Updated On : 11 Oct 2024 | 2:35 PM IST

Israel yet to reach decision on Iran as it steps up strikes in Beirut

A security cabinet meeting on Thursday night ended without a decision on what the response should be, the official said

Israel yet to reach decision on Iran as it steps up strikes in Beirut
Updated On : 11 Oct 2024 | 1:36 PM IST

IMF's new demand set to dissuade Chinese investments into Pakistan

The IMF's condition comes as Prime Minster Shehbaz Sharif is trying to convince Chinese companies to shift more industries into Pakistan thereby giving a fresh momentum to projects

IMF's new demand set to dissuade Chinese investments into Pakistan
Updated On : 11 Oct 2024 | 11:29 AM IST

Bank stocks climb 1% making it best performing sector; Hyundai IPO in focus

The excitement around India's largest IPO is being dampened by evident weakness in demand for cars in India as well globally

Bank stocks climb 1% making it best performing sector; Hyundai IPO in focus
Updated On : 11 Oct 2024 | 9:10 AM IST

Pressure amps up on Infosys, Wipro likely to beat high expectations

The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous

Pressure amps up on Infosys, Wipro likely to beat high expectations
Updated On : 11 Oct 2024 | 7:38 AM IST

Citigroup, Mastercard team up on cross-border debit card payments

Citigroup, too, has recognized this shift, similarly enabling cross-border payments to digital wallets and other endpoints

Citigroup, Mastercard team up on cross-border debit card payments
Updated On : 10 Oct 2024 | 11:28 PM IST

Bernstein quants downgrade Indian stocks, predict further upside for China

The quant strategists lowered their call on India to underweight from neutral, citing expectations for continued foreign outflows and weak earnings

Bernstein quants downgrade Indian stocks, predict further upside for China
Updated On : 10 Oct 2024 | 11:09 PM IST

Tesla's 'dream premium' faces moment of truth at Robotaxi reveal event

Whether Musk manages to dazzle by once again pulling a proverbial rabbit out of his hat, or fails to impress, one thing is for sure: Investors are in for some turbulence

Tesla's 'dream premium' faces moment of truth at Robotaxi reveal event
Updated On : 10 Oct 2024 | 11:05 PM IST

After EU, Google faces painful reckoning in US as antitrust cases rev up

Google criticized the Justice Department's initial proposal as "radical," saying it would have "significant unintended consequences for consumers and businesses

After EU, Google faces painful reckoning in US as antitrust cases rev up
Updated On : 10 Oct 2024 | 10:07 PM IST

'Buy India' sovereign bonds chorus grows as demand outpaces supply

The supply crunch comes just as Indian bonds have emerged as top performers among major Asian nations, driven by their recent inclusion in global debt indexes

'Buy India' sovereign bonds chorus grows as demand outpaces supply
Updated On : 10 Oct 2024 | 7:42 PM IST

Name that showed possibilities, Ratan Tata's vision should still be India's

Ratan Tata's own instincts seemed to have nudged him in a different direction, while he never gave up on manufacturing, he always believed that Indian companies should be global

Name that showed possibilities, Ratan Tata's vision should still be India's
Updated On : 10 Oct 2024 | 12:06 PM IST

Amazon adds Apple TV+ to US channels store, offering popular shows

Apple will begin selling TV+ subscriptions through Prime later this month, Mike Hopkins, senior vice president of Amazon Prime Video said

Amazon adds Apple TV+ to US channels store, offering popular shows
Updated On : 10 Oct 2024 | 9:49 AM IST

Donald Trump vows to eliminate income taxes on Americans living abroad

No-taxes-on-Americans-abroad pledge is the latest in a series of Trump plans to cut personal tax bills, he's also floated exempting tipped wages, overtime pay and Social Security benefits from taxes

Donald Trump vows to eliminate income taxes on Americans living abroad
Updated On : 10 Oct 2024 | 8:54 AM IST

Looming Israeli strike on Iran brings fresh test for US ceasefire attempts

While Israel, with US and UK help, knocked down almost all incoming missiles and drones in an attack in April, this time many of Iran's ballistic missiles hit close to their targets

Looming Israeli strike on Iran brings fresh test for US ceasefire attempts
Updated On : 10 Oct 2024 | 8:45 AM IST

How climate change contributes to dangers, influences paths of hurricanes

Scientists have linked high ocean temperatures to the rapid intensification of hurricanes- Milton's wind speed increased 95 miles per hour in a single day

How climate change contributes to dangers, influences paths of hurricanes
Updated On : 10 Oct 2024 | 8:34 AM IST

Apple's Dan Riccio, key executive in both Steve Jobs, Cook eras, to retire

Riccio's exit marks one of the most significant departures from Apple's management team- though it's been in the making for quite some time now

Apple's Dan Riccio, key executive in both Steve Jobs, Cook eras, to retire
Updated On : 10 Oct 2024 | 8:25 AM IST

Chinese stocks suffer biggest drop since 2020 on stimulus skepticism

The CSI 300 Index plunged 7.1 per cent, erasing its advance from Tuesday, when mainland markets reopened after the Golden Week holidays

Chinese stocks suffer biggest drop since 2020 on stimulus skepticism
Updated On : 10 Oct 2024 | 12:00 AM IST