Articles by admin

Indian private sector lender Yes Bank is in talks with Microsoft Corp and two other technology companies as it looks to bring in a strategic shareholder as part of a strategy to rake in fresh capital, the Mint newspaper reported on Sunday. The talks began three weeks ago and could see the bank selling as much as 15% through a fresh equity issue, the newspaper reported https://bit.ly/2Mi7vk6, citing two people aware of the discussions. The bank’s chief executive officer, Ravneet Gill, had said last week that the lender was in talks with private equity firms, strategic …read more […]

Today we will run through one way of estimating the intrinsic value of Ganesha Ecosphere Limited (NSE:GANECOS) by… …read more […]

In a wide-ranging interview, Boston Fed President Eric Rosengren discussed the Fed’s interest rate policy, divisions among members of the FOMC and his expectations for the U.S. economy. Rosengren spoke with Yahoo Finance reporter Brian Cheung in Boston during the bank’s economic research conference, “A House Divided: Geographic Disparities in Twenty-First Century America.” …read more […]

(Bloomberg) — Amazon.com Inc. and rival Walmart Inc. reported record revenue for their six-day India sales festivals as e-commerce catches on with buyers and sellers in smaller Indian towns, moving beyond the country’s urban, English-speaking population.The American competitors have been dueling in India since Walmart cut a $16 billion deal for control of local pioneer Flipkart Online Services Pvt last year. Their latest sales — which Amazon calls the Great Indian Festival and Flipkart calls Big Billion Days — are a high-stakes battle that ran on the same days and concluded over the weekend.Both focused on expanding their online commerce …read more […]

Today we will run through one way of estimating the intrinsic value of Trustpower Limited (NZSE:TPW) by taking the… …read more […]

Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world’s largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.18%. Japan’s Nikkei stock index opened higher but reversed course and fell 0.3%. …read more […]

Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it might be obvious that you need to… …read more […]

Highlights of this day in history: U.S. and Britain strike Afghanistan; Achille Lauro hijacked; Supreme Court pick Clarence Thomas faces damaging claims; Matthew Shepard beaten to death; Singer John Mellencamp born; ‘Cats’ hits Broadway. (Oct. 7) …read more […]

Asian shares were mixed Monday, following a healthy report on U.S. jobs, while investors cautiously awaited the upcoming trade talks between the U.S. and China. Japan’s benchmark Nikkei 225 lost early gains to be down 0.2% in morning trading at 21,358.56. Markets in China were closed for a holiday. …read more […]

As much as $71 billion of Japanese coal assets could be at risk as the economic viability of plants is undermined by cheaper renewable energy, research by the University of Tokyo, Carbon Tracker and the Carbon Disclosure Project showed on Sunday. The report, called Land of the Rising Sun and Offshore Wind, used project financial models to analyse the economics of new and existing coal plants in Japan. It found that Japan’s planned and existing coal capacity could be jeopardised by low utilisation rates and cheaper renewable energy, namely onshore and offshore wind and large-scale solar photovoltaics (PV). …read more […]

Oct.06 — Eugenia Victorino, head of Asia strategy at SEB, and Lindsey Ford, foreign policy fellow at Brookings Institute, discuss the U.S.-China trade negotiations and their impact on markets. They speak on “Bloomberg Markets: China Open.” …read more […]

(Bloomberg) — A range of indicators including investor positioning before the most recent slump in markets suggests that the drawdown is about half finished, and will prove to be less painful than the rout last December, according to JPMorgan Chase & Co. analysis.“Since corrections tend to be largest when markets are expensive and over-owned and when market depth is poor, these indicators give a sense of vulnerability even if they cannot anticipate the timing of a random shock,” John Normand, head of cross-asset fundamental strategy at JPMorgan, wrote in an Oct. 4 note. “Entering October, vulnerabilities were moderate rather than …read more […]