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Market News

Location American Market News for 25 July 2021

Private-Equity Firms Spark Bidding Wars in U.K.

Wall Street Journal - 25 Jul 2021 14:00
Blackstone, Carlyle and other buyout firms are bidding for U.K. publicly listed companies at a faster rate than in years. The reason: Investors think post-Brexit Britain is where big assets are going for cheap.
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Why Investor Jim Rogers Is Poking Around Uzbekistan Famed commodities investor likes Uzbekistan. But it's not just for the raw materials. Other big investors agree. Here's why.
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Still Time For A Market Vacation

Forbes - 25 Jul 2021 22:46
Still Time For A Market Vacation The day traders bought the dip again last week and rescued a sinking market. In the view of technical analysts this is not the best time to be doing new buying as his analysis still shows a high level of risk.
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Tax only on employee PF share over ₹2.5L

livemint.com - 25 Jul 2021 22:17
Tax only on employee PF share over ₹2.5L As per the Finance Act, 2021, the interest accrued on contributions in excess of ₹2.5 lakh per annum made by an employee to the employees' provident fund from FY22 onwards shall now be taxable
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Navigating the venture capital product matrix

livemint.com - 25 Jul 2021 22:10
Navigating the venture capital product matrix Each investor will have to approach the startup frenzy with adequate caution
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IDFC Mutual Fund plans to launch US equity fund of funds The fund will feed into the JP Morgan US Growth Fund. The new fund offer (NFO) for the FoF will run from 29 July to 12 August and, being an open-ended fund, will be open for subscription thereafter as well.
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Before you invest in NPS, understand its risks, liquidity and cost For investing in NPS, you must make many choices, including the fund to invest in, and active and auto options
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Billionaire Bankman-Fried's FTX Becomes Latest Big Crypto Exchange Limiting Risky High-Leverage Trading The 29-year-old crypto billionaire called the move "a step in the direction the industry is headed."
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Credit Suisse Settles Spying Case With Ex-Executive Iqbal Khan

Wall Street Journal - 25 Jul 2021 21:25
The spying scandal is one of a slew of legal and reputational knocks dogging the bank.
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2021's Surprise Dividend Hero: Financials

Forbes - 25 Jul 2021 14:50
2021's Surprise Dividend Hero: Financials These dividends are about to break free from their regulatory shackles.
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China's Digital Yuan Puts Ant and Tencent in an Awkward Spot

Wall Street Journal - 25 Jul 2021 13:00
China is calling on private-sector pioneers Ant Group and Tencent to help it develop a state-backed digital currency that threatens the pair's highly popular payment networks.
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Investors Are Buying American

Wall Street Journal - 25 Jul 2021 11:30
Money managers world-wide funneled more than $900 billion into U.S. funds in the first half of 2021, a record in data going back to 1992.
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EPFO to credit 8.5% EPF interest this month. Here's how to check your PF balance PF balance: The EPFO is likely to credit 8.5 per cent EPF interest by the end of this month
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