Indian Firms Face Tougher Investor Scrutiny as Rupee Hits Record Lows
The rupee’s relentless slide is prompting tougher scrutiny of Indian companies as investors and analysts press executives on their foreign-exchange strategy.
The rupee’s relentless slide is prompting tougher scrutiny of Indian companies as investors and analysts press executives on their foreign-exchange strategy.
Wuxi Taclink Optoelectronics Technology Co. is considering a listing in Singapore, a potential first for any company that already trades shares in mainland China, according to people familiar with the matter.
India’s power generation companies have quadrupled their natural gas purchases from a domestic bourse over the past couple of months to meet surging power demand from searing summer heat.
Joumanna Bercetche, Tom Mackenzie and Paul Dobson break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
Investors pulled money from US spot-Bitcoin exchange-traded funds for a ninth straight session, the longest run of withdrawals since the products debuted, underscoring a cooling in demand for the largest cryptocurrency even as broader risk assets rally.
“Bloomberg ETF IQ” focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today’s guests: Strategas ETF Strategist Todd Sohn, TMX VettaFi Head of Sector & Industry Research Roxanna Islam, AdvisorShares CIO & Portfolio Manager Dan Ahrens, and PIMCO Head of Leveraged Finance David Forgash. (Source: Bloomberg)
Global oil prices finished on a mixed note while U.S. crude prices edged higher Thursday, reacting to news of progress toward a deal that would extend the U.S.-Iran cease-fire.
The Protect College Sports Act bill could ‘materially harm the earnings potential of top college athletes,’ one sports attorney says.
Canadian online brokerages Wealthsimple and Questrade Inc. are joining a wave of companies promising to offer access to firms planning initial public offerings, as startup funding rounds heat up.