Trade Financial News

Dowey is set to the exit in the next few months after five years at the UK asset manager. Liontrust Global Innovation team: Trading the AI gold rush beyond the Magnificent Seven He has co-led the innovation investment team with manager Storm Uru, with the pair also co-running the firm's Global Dividend, Global Innovation and Global Technology funds. The team was established in 2022 and oversees the aforementioned portfolios. Uru will continue to run the portfolios, along with managers Clare Pleydell-Bouverie and James O'Connor. Dowey joined Liontrust as part of the acquisitio...

Malaysian Prime Minister Anwar Ibrahim is visiting Bangladesh to meet with interim leader Muhammad Yunus, who took over in August after the former prime minister fled during a mass uprising

The chief operating officer of Truth Social’s parent company has resigned and the company must hand over almost 800,000 shares to one of its investors as part of a court ruling, according to a regulatory filing

Hungary's prime minister says the European Union risks entering an “economic cold war” with China, and is pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles

European Union countries have voted to impose duties on imports of electric vehicles from China, as talks continue between Brussels and Beijing to end the standoff before an end-of-October deadline

Sebi has proposed that registered stock brokers may participate in G-Secs market. «In order to leverage the existing infrastructure, stock brokers may offer these services as a Separate Business Unit (SBU) of the stock broking entity itself on an arm's-length basis,» the regulator said in a circular.

Vikram Limaye and eight others on Friday settled with markets regulator Sebi a case pertaining to alleged bypass of trading access point (TAP) system by certain brokers after paying Rs 643 crore. Apart from NSE and Limaye, those who settled the case are — Umesh Jain G. M. Shenoy, Narayan Neelakantan, V. R. Narasimhan, Kamala K, Nilesh Tinaikar, R Nandakumar and Mayur Sindhwad. TAP was a software application deployed by NSE in 2008 on the servers of trading members for managing connections and messages (orders/trades) of such members. Trading members, registered with NSE, connected to TAP to establish communication with the NSE trading system.

Piramal Capital and Housing Finance on Friday said it has raised USD 150 million through a global bond sale. The bonds will be issued at a yield of 7.078 per cent and will have to be repaid in 3.32 years, according to a company statement. The company, a wholly-owned subsidiary of Piramal Enterprises, had raised USD 300 million from a sustainability bond issuance in July this year.

electric vehicles, the EU executive said on Friday, even after the bloc's largest economy Germany rejected them, exposing a rift over its biggest trade row with Beijing in a decade. The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc and are set to be imposed from next month for five years. The Commission, which oversees the bloc's trade policy, has said they would counter what it sees as unfair Chinese subsidies after a year-long anti-subsidy investigation, but it also said on Friday it would continue talks with Beijing.

Crypto exchange Bybit is hosting the ultimate decentralized trading (DEX) showdown, and you simply can’t miss the chance to help your favorite Web3 project become the leader while earning MNT crypto rewards yourself.

Explosive newcomer meme coin Moo Deng ($MOODENG) is taking heavy losses after surging over the last three weeks to become the 27th biggest meme coin by market capitalization.

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...

Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

Subscribe to enjoy similar stories. When it comes to investing in the Indian stock market, most investors gravitate toward the big names—Reliance Industries, Tata group, Adani. These companies dominate the headlines, and investors often wonder what sets them apart.

Asian shares are mixed after worsening tensions in the Middle East sent shares lower on Wall Street

Thar ROXX received 1.76 lakh bookings within the first hour of availability. The booking period started at 11:00 AM, marking the highest first-day booking figures for any Mahindra product. Deliveries for the Thar ROXX will begin on Dussehra day, with the company promising to update customers on their tentative delivery schedules over the next three weeks.

Chinese stocks as Beijing’s stimulus blitz sets off an epic rally. Just don’t count Rajiv Jain among them. The manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12% of the fund — roughly half of the weighting of its benchmark. As a result, the fund’s outperformance this year has been wiped out as the MSCI China Index ripped more than 30% higher in just 10 days.

Bajaj Housing Finance will be in focus on Friday after the company released its first business update for the July-September quarter, marking its debut as a public company. In the update, Bajaj Housing Finance reported that its Assets Under Management (AUM) surpassed Rs 1 lakh crore during the quarter, reaching Rs 1,02,550 crore—a 26% growth compared to Rs 81,215 crore in the same quarter last year.

“Swaying with the pendulum of market mood can compel the investor to buy during a bubble and sell during a crash. But it is important to understand that such behavior will not lead to superior returns,” says Nimesh Chandan, CIO, Bajaj Finserv AMC. In an interview with ETMarkets, Chandan said: “It is better to think independently from the narrative and verify whether the crowd is overreacting or underreacting,” Edited excerpts: With the markets reaching all-time highs, many retail investors may experience "FOMO" (Fear of Missing Out). How can investors manage this emotional urge to invest at peak levels without considering fundamentals or long-term goals?

Bank of Baroda (BoB) are expected to remain in focus when markets resume trading on Friday as the state lender reported an 11.60% year-on-year growth in its global advances at Rs 11.43 lakh as on September 30, 2024, while global deposits of the state-run lender shot-up by over 9% to Rs 13.63 lakh crore, the company stated on Thursday as part of its quarterly update. Lender's global business grew by 10.23% YoY to Rs 25.06 lakh crore, the company filing said.

Mayuresh Joshi, Head Equity, Marketsmith India, says the markets are fearing a possible escalation in the Middle East conflict. In the Indian context, earnings might be a tad bit soft going into this quarter's numbers as well. But with good monsoon, expectations of rural recovery, second half should be relatively better as far as India Inc is concerned. So, Joshi is not looking at a structural downside. Liquidity remains strong and for any fall in the market that comes through, liquidity might come back and cushion them. It is getting bad in the market, could it get ugly? Mayuresh Joshi: There are two-three angles. One, obviously, in terms of how global macros are shaping up. The expectations in terms of the China stimulus has clearly buoyed sentiments in terms of foreign flows towards China. Again, undervalued, under-owned and therefore, the kind of move that we saw on the Chinese markets because of the stimulus was something to be watched out for.