Morgan Stanley News

If you work for a US bank and own stock from deferred bonuses past, the re-election of Donald Trump may seem a fine thing. 

Subscribe to enjoy similar stories. Arriving in Stepford, Connecticut, Joanna—protagonist of “The Stepford Wives", a horror novel—is dragged to a “workout class" at the Simply Stepford Day Spa by a neighbour. The duo are met by 15 identikit women.

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Chetan Ahya, Chief Asia Economist, Morgan Stanley, says it looks like the urban economy or the urban consumption which had led the initial recovery, is the one which is slowing. We are looking at the auto sales data on a daily basis from the government sources and it is indicating that there has been an improvement in the last few days in terms of auto sales. But urban consumption is the one which has raised some concern because there has been a broad-based slowdown. While there has been a slowdown over the past few months, all eyes are now on what the festive season could potentially bring. Could we see some sort of a shift or a pickup? Chetan Ahya: Yes, that is right. We are expecting things to improve over the next few weeks. The main reason why growth was slowing was the government expenditure slowdown and then parallelly we had the excess rainfall in August and at the same time there were some shifts in the calendar effects, particularly the festival and inauspicious time period.

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The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year

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credit market is growing so fast that a rush of new participants into the direct-lending sector is fueling concern about a weakening of lending standards. “We have seen a bunch of first-time managers raise a lot of local capital,” Indranil Ghosh, head of Pan-Asia special situations at Cerberus, said at the Bloomberg India Credit Forum in Mumbai on Friday. “With some of those managers, I suspect that the underwriting standards, the diligence standards, the structuring, covenants are slightly lighter than what a lot of the global firms and well-established domestic institutions are used to.” Also Read: RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

Manappuram Finance slid 17% to Rs 145.50 in the last 2 trading sessions after the Reserve Bank of India (RBI) imposed restrictions on four NBFCs (including Manappuram’s subsidiary) citing material supervisory concerns. The restrictions will be effective from October 21, 2024 on four NBFCs Asirvad Micro Finance (a subsidiary of Manappuram Finance), Arohan Financial Services, DMI Finance, and Navi Finserv.

Following JPMorgan, Citi, Goldman and Bank of America, Morgan Stanley today announced its third quarter results. They look great if you're a shareholder. They seem less good if you're an employee. 

Axis Bank, while Morgan Stanley has downgraded Manapurram Finance to equal-weight. Jefferies has maintained a hold call on Havells and Macquarie has an outperform rating on Wipro.

Shares are mostly higher in Asia after U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies

U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies

Markets on Wall Street were largely unchanged early Wednesday after pulling back from record lows a day earlier as investors shed technology and energy sector shares

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Subscribe to enjoy similar stories. It’s never a great sign when what’s going out the door gets more attention than what’s coming in. The world’s largest tech companies should at least be getting used to that by now.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Subscribe to enjoy similar stories. New Delhi/Bengaluru: They are worlds apart, but both Radhakishan Damani and Mohammed Shafiq find themselves battling a common enemy today. Avenue Supermarts, Damani’s food and grocery retail chain, which operates nationwide, and City Food Point, Shafiq’s small convenience store in Bengaluru’s upscale Indiranagar neighbourhood, are under siege from quick commerce, a retail channel that came into its own during the covid pandemic.

BEIJING — China's Ministry of Finance press briefing over the weekend underscored how it is focused on tackling local government debt problems, instead of the stimulus markets have been waiting for.

Much like annoying political TV ads, warnings that the U.S. presidential election could have big consequences for your 401(k) come back every four years

SpiceJet will be in focus on Tuesday after Gujarat-based Plutus Wealth Management LLP acquired 85 lakh shares of SpiceJet, worth Rs 51 crore, on Monday through a block deal. Plutus purchased SpiceJet shares at Rs 59.95 each, an increase from Friday's closing price of Rs 58.99. On Monday, the stock rose 8% or Rs 5 to close at Rs 63.70.