India’s Religare says US businessman makes competing offer for stake
By Aditya Kalra NEW DELHI (Reuters) – India’s Religare Enterprises (NSE:RELG) said a U.S. businessman has made a proposal to acquire a 26% stake in it, the latest twist in the battle for control of the financial services company which…
Analysis-Dividend surge signals culture shift in China’s markets
By Jiaxing Li and Ankur Banerjee HONG KONG/SINGAPORE (Reuters) – New shades of capitalism are emerging in China’s tuckered out stock market as companies, at Beijing’s behest, buy back their shares and pay record dividends to investors lying in wait…
BOJ Governor Ueda’s comments at news conference
(Reuters) -The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target. At…
Column-US investment bias might ebb if European gloom lifts: Mike Dolan
By Mike Dolan LONDON (Reuters) – The extreme global investor bias for all things American may not need to end with some major U.S. shock, but could eventually reverse with just a modest lifting of the pervasive gloom surrounding Europe….
Pakistan central bank likely to deliver sixth straight rate cut to revive economy- Reuters poll
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to lower its key interest rate by at least 1 percentage point on Monday, analysts said, in its sixth straight cut as it attempts to revive economic and business…
Analysis-European earnings may keep the mood sweet as tariff fears grow
By Lucy Raitano LONDON (Reuters) – European companies are set to deliver a third straight quarter of profit growth, which may help to maintain newfound investor enthusiasm for the region despite political and economic turmoil and concerns over U.S. President…