Market News
Emirates airline chalks record annual profit as travel demand booms
CNBC - 13 May 2024 17:59
The airline's best-ever financial performance figures were "driven by the voracious appetite for travel across customer segments," the Emirates Group said.
Platinum Market Deficit Forecast Widens on Weak Supply, Sustained Demand
Wall Street Journal - 13 May 2024 10:32
The precious metal is now forecast for a market deficit of 476,000 ounces in 2024 amid strained supply from the mining sector and resilient demand, according to a new report from the World Platinum Investment Council.
Dow's Winning Streak Ends Ahead of Inflation Data
Wall Street Journal - 14 May 2024 00:32
The Dow Jones Industrial Average slipped 0.2%, snapping its eight-session streak of gains, as investors await fresh inflation data. GameStop shares soared as meme-stock mania resurfaced.
Future Problems for Private Lending Will Start Today
Wall Street Journal - 13 May 2024 19:14
More lenders chasing the same deals could sow the seeds of tomorrow's problems.
Can sector rotation be played passively?
livemint.com - 13 May 2024 17:02
Different sectors peak and fall at various stages in an economic cycle. By entering or exiting various sectors at the right time, one can maximize the overall return profile of their portfolio.
RBC Reorganizes Investment Banking in a Play for More Deals
Wall Street Journal - 13 May 2024 16:06
The bank is naming Matthew Stopnik global investment banking head, based in New York.
How is property sale by a person of Indian origin taxed?
livemint.com - 13 May 2024 15:19
I have identified a buyer to sell my property in Bengaluru when I travel to the country this year. But, because of the 120-day rule, I no longer qualify as a non-resident in India
Why RBI is pulling up banks for unfairly charging extra interest on loans
livemint.com - 13 May 2024 15:13
In a directive dated 29 April, the central bank noted three unfair practices with respect to interest on loans that banks need to stop
Intel Nears Deal With Apollo for $11 Billion Ireland Partnership
Wall Street Journal - 13 May 2024 15:00
The investment firm is in exclusive talks to supply the chip giant with cash for a new plant.
Investors Crowd Into Soft-Landing Trade Ahead of Crucial Inflation Data
Wall Street Journal - 13 May 2024 13:30
Stocks and bonds have rallied ahead of Wednesday's consumer-price index report.
Considering taking a personal loan for medical expenses? Keep these 3 key factors in mind
livemint.com - 13 May 2024 12:44
Using personal loans for medical expenses is a choice that demands thoughtful deliberation. This is because personal loans can present both advantages and drawbacks when used for medical purposes.
SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion
CNBC - 13 May 2024 12:23
SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.
Want to pre-close your personal loan? Here's what you should keep in mind
livemint.com - 13 May 2024 10:08
As personal loans are typically unsecured, there's no need to release any assets from lien or hypothecation. Your personal loan will automatically close once the bank receives the required funds.
Country Garden Avoids Further Default With Payments on Onshore Bonds
Wall Street Journal - 13 May 2024 10:00
Chinese property developer Country Garden made payments on two onshore bonds within a grace period, avoiding default days after the company had said it might turn to a state guarantor for help.
China to Start Ultralong Treasury Bond Sale
Wall Street Journal - 13 May 2024 08:03
China's finance ministry said it will start selling the first batch of a planned 1 trillion yuan worth of ultralong special treasury bonds Friday, as Beijing looks to provide more support to the world's second-largest ec...
A home loan top-up can help borrowers get extra funds, says Kathuria of Easiloan
livemint.com - 13 May 2024 07:41
Repaying top-up home loans promptly is important, and it's wise to be cautious about overleveraging. Consider opting for these loans only when you need extra funds for essential purposes like renovations; otherwise, it's...