Adani Stocks Are Getting No Love From India’s Money Managers
Money managers in India have continued to trim holdings of Adani Group’s stocks, suggesting concerns about governance remain even as the worst of the rout seems to have passed.
Money managers in India have continued to trim holdings of Adani Group’s stocks, suggesting concerns about governance remain even as the worst of the rout seems to have passed.
China’s commercial lenders kept their benchmark lending rates unchanged on Thursday after the central bank held back from easing monetary policy this month as the economy rebounds.
Dominion Voting Systems Inc. secured a $787.5 million settlement from Fox News for airing false election-fraud claims, but it still has several similar defamation suits against other companies and individuals.
Goldman Sachs Group Inc. has been hit by additional departures in its Asia equities team, with key exits in Tokyo and Hong Kong to rival banks and hedge funds.
Spotify Technology SA’s chief executive officer is engaged in a Washington charm offensive this week that he hopes will convince the US government to curb the power of his company’s nemesis, Apple Inc.
A Goldman Sachs Asset Management Co. fund manager is joining bullish calls on semiconductor shares, expecting a boost from data centers and ChatGPT.
Japan’s trade deficit narrowed for the second month in March, as the price of fuel eased and brought down import costs.
Freshippo, the Alibaba Group Holding Ltd. grocery chain known for selling cooked lobsters and grouper freshly chosen from fish-tanks in the store, has started preparations for a Hong Kong initial public offering, people familiar with the matter said.
The clash between HSBC Holdings Plc and its biggest shareholder is becoming increasingly heated ahead of a general meeting that will test investor support for a proposal to spin off the bank’s lucrative Asia businesses.
Bank of Japan officials are wary of tweaking or scrapping their yield control stimulus at a policy meeting next week so soon after the banking crisis overseas clouded the outlook, according to people familiar with the matter.