Market News
Facebook Stock To Propel With $6 Billion Yelp Acquisition?
Forbes - 2 Sep 2019 16:00
Per Trefis estimates, Facebook could potentially pay $5.8 billion to acquire Yelp and still accrue billions of dollars in value for its own shareholders. We detail the rationale behind Facebook potentially acquiring Yelp...
Ailing Chinese Bank Stops Paying Coupons on CoCo Bonds
Wall Street Journal - 2 Sep 2019 13:49
Bank of Jinzhou said it would skip a year's worth of interest payments to international bondholders, days after reporting that losses and problem loans had soared.
Economics of Electric Vehicles Mean Oils Days As A Transport Fuel Are Numbered
Forbes - 2 Sep 2019 16:00
Oil's days as a transportation fuel are numbered because the economics of renewable energy are so compelling, says a new report from BNP Paribas. In order to compete, the oil price would need to be $9-$10 a barrel, says ...
One Obscure Reason for August's Big Bond Rally: Negative Convexity
Wall Street Journal - 2 Sep 2019 14:16
Analysts trying to make sense of the steep slide in bond yields around the world in August are pointing fingers at many things, including the phenomenon of hedging against negative convexity in the mortgage market.
Popeyes Beating Of Chick-fil-A Won't Last
Forbes - 2 Sep 2019 22:03
Popeyes chicken sandwich made the multinational franchise suddenly a hot brand, beating Chick-fil-A.
Mirae has generated alpha through stock selection, not sectoral calls: Neelesh Surana
livemint.com - 2 Sep 2019 20:57
Neelesh Surana says even with the given externalities, investment professionals have to find businesses that can face the current market headwinds and still deliver decent growth in the long term.The focus is on stock se...
Returns on my investments
livemint.com - 2 Sep 2019 20:29
One must also keep in mind the volatility risk of the asset class, liquidity, lock-in rules and taxation..Here's a look at how four commonly used asset types--equity, cash, gold and fixed income--have done in different p...
Interest earned from corp bonds is taxable, irrespective of residential status
livemint.com - 2 Sep 2019 20:19
Tax would be deducted at source by the payer or the company whose bonds you hold, according to law.Interest income from corporate bonds is taxable in India, irrespective of the residential status of the income earner
Give your financial portfolio a realty check
livemint.com - 2 Sep 2019 20:06
When the Jains met a financial planner, they realized the importance of asset allocation and why they shouldn't have tried to time the real estate market.Jain said retirement planning is essential as life spans have incr...
How Do Ralph Lauren's Revenues In Asia Compare With Peers?
Forbes - 2 Sep 2019 17:10
Global apparel retailers have seen revenues and profits from Asia swell steadily over recent years. The luxury apparel brand Ralph Lauren has also benefited from this trend. Trefis captures the relative contribution of A...
Women's Other Economic Gap: Financial Acumen
Wall Street Journal - 2 Sep 2019 16:00
Women are more likely to leave long-term decisions about money to their spouses, hurting their progress in financial literacy and their financial position later in life.
Pound Falls Amid Turmoil in British Politics
Wall Street Journal - 2 Sep 2019 15:44
Political uncertainty in the U.K. and troubling economic data sent the British pound to near its lowest against the U.S. dollar in a year.
Argentina's Macri 'Gives Up', Returns To Kirchner-Era Peso Policy
Forbes - 2 Sep 2019 15:40
Macri erasess his entire presidency. Argentina's "mercado azul" readies a major comeback as currency controls begin.
The American Consumer Keeps Beating Expectations
Wall Street Journal - 2 Sep 2019 15:15
Equity analysts are pessimistic about earnings, but U.S. consumers keep fueling the stock market.
The Market Forces That Propelled a Massive Rally in Long Bonds
Wall Street Journal - 2 Sep 2019 14:39
Long-term bonds have been on a tear in recent weeks with yields tumbling more rapidly than almost any other time in the past decade. But the recession signals flashed by these moves may have been exaggerated.
Why Inverted Bond Yields Failed To Stroke Bitcoin's Rally? Is it No Longer A Safe Haven Asset?
Forbes - 2 Sep 2019 12:50
Inverted bond yields which stroke recession fears did nothing for the Bitcoin price. It seems like the asset has lost its credentials as a safe-haven asset but the reality says something else.
New credit card, debit card facility from this month to make payments easier
livemint.com - 2 Sep 2019 12:17
This facility on credit and debit cards will help in processing of transactions that are recurring in nature.No extra fees will be charged for providing this e-mandate facility on cards for recurring transactions
If you use Aadhaar for ITR filing, PAN will be auto-generated
livemint.com - 2 Sep 2019 12:09
The income tax department will obtain demographic information from the UIDAI and issue a new Permanent Account Number (PAN).The government has issued a notification on the new Aadhaar-PAN rule which came into effect from...
Regulator Wields First IPO Veto on China's New Tech Board
Wall Street Journal - 2 Sep 2019 12:07
China's market regulator vetoed a proposed share listing, faulting the accounting in an application that had already been approved by the country's biggest stock exchange.
Some Companies Offer a New Benefit: Payroll Advances and Loans
Wall Street Journal - 2 Sep 2019 11:30
More companies are helping workers gain access to payroll advances and loans, reflecting concern over the impact money problems are having on productivity levels and worker retention.
Pay-Access Apps Face Regulatory Test
Wall Street Journal - 2 Sep 2019 11:30
A growing industry of financial apps that allow workers to access payday funds early is drawing scrutiny from regulators to prove they are different from payday lenders.
Over 2 crore income tax return filers yet to verify their ITRs. How to do it
livemint.com - 2 Sep 2019 10:18
Only after the verification of ITRs, the income tax department starts processing it.You can verify your ITR offline as well as online