by Jennifer George | August 12, 2024 | Breaking, News, Stocks & Bonds, Trending Now
The Adnani Group stock fell by 5.3% on Monday after Hindenberg Research shed light on the SEBI chair’s alleged offshore investments tied to Vinod Adani. Adani Group lost approximately $2.4 billion as markets closed on Monday. Latest updates indicate shares of...
by Vasu Jit Kalia | August 8, 2024 | Stocks & Bonds
As per the analysts the India’s Nifty 50 is outperforming the S&P 500 and the index could go even higher this year. The South Asian benchmark has surged 11.8% so far this year, outpacing the S&P 500’s 9% gain, and crossed the 25,000 level for the...
by Jibran Munaf | August 8, 2024 | News, Stocks & Bonds, Trending Now
Warren Buffett’s Berkshire Hathaway has amassed $234.6 billion worth of short-term investments in U.S. Treasury bills, according to the conglomerate’s second-quarter earnings report released on Saturday. Berkshire’s acquisition of $229.5 billion in Treasury...
by Jennifer George | August 6, 2024 | Breaking, Currencies, Markets, Stocks & Bonds, Trending Now
As world markets crashed on Monday, millions of investors witnessed a market phenomenon that resonated with premonitions of the 2008 financial crash. Global investors engaged in rampant yen carry trades in since 5th August, causing the Nikkei and Nasdaq to tank to...
by Vasu Jit Kalia | August 5, 2024 | Stocks & Bonds
India’s largest insurance company Life Insurance Corporation of India (LIC) purchased stocks worth Rs 17,000 crore in the June Quarter. LIC is one of the biggest institutional investors in the Indian stock market. Apart from LIC, in the April-June period, mutual...
by Jibran Munaf | August 5, 2024 | Economy, News, Stocks & Bonds, Trending Now
Japan’s benchmark Nikkei Stock Average recorded its worst-ever daily sell-off on Monday, losing 4,451.28 points from the previous day’s closing amid panic selling triggered by fears of a possible U.S. recession and the yen’s strength. The average in...
