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China’s national team may need to accelerate stock purchases after the benchmark notched a record losing streak, though state-backed buying alone may not be enough to put the market on a sustained recovery, according to Bloomberg Intelligence.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Yields on the 10-year benchmark bond have increased due to high oil prices. The Reserve Bank of India rejected all bids at the treasury bill auction conducted recently.
Jefferies has identified opportunities for further valuation gains in selected Indian IT stocks. While the sector experienced a sharp rally in October, growth expectations remain muted.
Revenue is up 8.7% at S$223 million for the half-year, from S$205.2 million before
The NZD/USD pair steadies near 0.5705 during the early Asian trading hours on Thursday. The New Zealand Dollar (NZD) pares gains against the US Dollar (USD) following softer-than-expected Consumer…
