SoftBank Unveils $21 Billion IPO of Mobile Business

Nov 12 2018

SoftBank Group Corp’s (9984.T) domestic telecoms unit received approval to list on the Tokyo Stock Exchange in an initial public offering (IPO) worth 2.4 trillion yen ($21.04 billion), a regulatory filing showed, one of the biggest IPOs ever.

Oil Short-Sellers Make a Comeback

Nov 10 2018

The oil bears are back, and they’re looking at OPEC before making their next move. While money managers slashed bets on rising West Texas Intermediate crude prices for a ninth week in their longest retreat on record, short-selling jumped to the highest in more than a year.

India’s Sensex Heads for Weekly Gain as Oil Enters Bear Market

Nov 09 2018

India’s key equity indexes headed for their first consecutive weekly gains in two months while stocks fluctuated Friday as investors assessed corporate earnings, the impact of the U.S. Federal Reserve’s rate-hike plan and a fall in oil prices. Markets reopened after a holiday.

State Bank of India Gains After Reporting Return to Profit

Nov 05 2018

State Bank of India Ltd., India’s largest bank by assets, posted the first quarterly profit in 12 months, sending its shares higher. The bank had announced losses in each of the previous three quarters.

U.S. Sanctions on Iran Oil Sales Snap Back as Trump Fulfills Vow

Nov 05 2018

U.S. sanctions lifted as part of the 2015 nuclear accord with Iran snapped back at midnight New York time as President Donald Trump fulfils his vow to ramp up pressure on the Islamic Republic over its “malign” behaviour in the Middle East, its ballistic missile tests and its nuclear program.

U.S. Said to Give Eight Nations Oil Waivers Under Iran Sanctions

Nov 02 2018

The U.S. has agreed to let eight countries - including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said.

Vanguard Sees Opportunity in India as Dollar Extends Rise

Oct 19 2018

A potential extension of the dollar’s gains against emerging-market currencies in the next few months presents long-term investment opportunities in India, Indonesia and Mexico, according to Vanguard Group Inc.

A World With Fewer Babies Spells Economic Trouble

Sep 15 2018

In the world’s biggest economies -- the U.S., China, Japan and Germany -- it’s already happening or will soon.

Asian Stocks Are Caught in the Longest Sell-off in 16 Years

Sep 12 2018

It's a losing streak investors haven't seen since 2002. And there's a slew of reasons: trade, the U.S. dollar, emerging-market turmoil and the bear market in Chinese stocks to name but a few.

‘Pink Dollar’ to Boost India's Economy After Gay Sex Legalized

Sep 12 2018

India has been losing as much as 1.4 percent of its national output because of the discriminatory law. That means discriminating against the LGBTQ community could cost India around $26 billion a year.