Yes Bank shares crash 7% on reports of 3% equity changing hands via block deals
Yes Bank’s stock is expected to attract attention today as its board convenes to discuss…
London mayor Sadiq Khan ‘delighted’ after Donald Trump calls him ‘nasty’: ‘He’d see how…’
London mayor Sadiq Khan said he’s delighted that Trump wants to visit London though he called him nasty. London mayor Sadiq Khan’s spokesperson said he was delighted that US President Donald Trump wants to visit London, though Trump called Khan a “nasty person”. At his Turnberry golf resort in South Ayrshire, Trump was asked if…
LIC bond activity: LIC steps up bond hedging with $1 billion forward rate agreement deals; partners JPMorgan and BofA in market push
Life Insurance Corporation of India has ramped up its activity in the bond derivatives market, entering into $1 billion worth of forward rate agreements (FRAs) with global lenders including JPMorgan Chase & Co. and Bank of America Corp., Bloomberg reported, citing people familiar with the matter.The deals, executed over the past two months, now represent…
Thailand and Cambodia agree to immediate & unconditional truce
PUTRAJAYA (MALAYSIA): Thailand and Cambodia have agreed to an “unconditional” ceasefire starting midnight, Malaysian PM Anwar Ibrahim said Monday, a significant breakthrough to resolve five days of deadly border clashes that have killed dozens and displaced tens of thousands of people.Cambodian PM Hun Manet and Thai acting PM Phumtham Wechayachai hailed the outcome of the…
Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment
The rupee gave up early gains and settled 18 paise lower at 86.70 against the US dollar on Monday, pressured by persistent month-end dollar demand from importers and caution ahead of key trade and monetary policy decisions.After opening at 86.47 at the interbank foreign exchange, the domestic unit briefly strengthened to an intra-day high of…
Privilege? Donald Trump slammed for saying THIS about Epstein’s island. ‘There is no coming back’
Donald Trump said he never had the ‘privilege’ of visiting Epstein island. US President Donald Trump Monday said he never had the ‘privilege’ of going to Epstein’s island, triggering a massive backlash on social media as his political opponents said there is now no coming back from what Trump said. Trump made the statement in…
Aircraft crashes to regulatory hurdles: Despite several challenges, Boeing may be benefitting big from Donald Trump’s trade war
The US aerospace giant has globally been in the news for all the wrong reasons. US President Donald Trump’s trade war seems to be benefitting one aviation sector giant in America – Boeing! As Trump seals trade deals with countries around the world, he is also bringing in deals, and Boeing is reaping the rewards.Boeing…
Nevada shooting: Multiple people injured after gunfire at Reno Casino Resort; suspect held
A shooting at the Grand Sierra Resort in Reno, Nevada, on Monday morning left several people injured, with one suspect now in custody. Authorities have confirmed that there is no ongoing threat to the public, though parts of the property may remain closed as the investigation continues.The incident began around 7:25 am (local time), when…
More rate cuts ahead? What finance ministry’s latest report hints, inflation dips below RBI’s 4% target
The finance ministry has said there is room for further interest rate cuts by the Reserve Bank of India (RBI), as inflation remains comfortably below the central bank’s medium-term target of 4%. In its monthly economic review released on Monday, the ministry noted that consumer inflation has stayed under the 4% mark since February and…
Cambodia–Thailand ceasefire: Donald Trump takes credit; declares himself ‘president of peace’
File photo: US President Donald Trump (Picture credit: AP) In a post on Truth Social, US President Donald Trump claimed personal credit for brokering a ceasefire between Cambodia and Thailand, calling it a major diplomatic achievement and declaring, “I am proud to be the President of Peace!”“Just spoke to the acting Prime Minister of Thailand…
US markets today: S&P 500 hovers near record high; investors eye Big Tech earnings, Fed decision, global trade deals
US stock indices started the week steady and near record highs on Monday, as investors braced for a series of potentially market-moving events, including Big Tech earnings, a key Federal Reserve meeting on interest rates, and further global trade negotiations.The benchmark S&P 500 rose 0.1%, extending a strong run that saw it hit record highs…