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Japan racked up a trade deficit in October for the fourth month in a row, as a weak yen and rising energy prices kept import costs high

Subscribe to enjoy similar stories. By 9 p.m. on election night, it had become clear to Jason Junod that Donald Trump was returning to the White House.

National Association of Realtors (NAR) India has partnered with Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, to set up a National Multiple Listing Service (MLS). MLS aims to revolutionize Indian real estate by introducing a standardized and centralized property listing system. With India’s real estate market projected to reach $1 trillion by 2030, the introduction of MLS could significantly elevate industry standards and boost the economy, NAR said in a press statement adding that MLS will address the information gaps and reduce fraudulent practices to create a trustworthy ecosystem for property transactions.

An «industrial renaissance» in the U.S. is fueling demand for capital, Marc Rowan, CEO of Apollo Global Management said at the Global Financial Leaders' Investment Summit in Hong Kong.

Amazon warehouse near Nashville, Tennessee, a robotic arm named Cardinal on a recent day stacked packages, Tetris-style, into 6 1/2-foot-high carts. Then Proteus, an autonomous platform, moved the carts to the loading bay, flashing electronic eyes designed to make the robot more appealing to human colleagues. As robots become more capable, they are performing an increasing number of tasks in warehouses and delivery centers with varying degrees of aptitude and speed. Machines can load and unload trucks. They can place goods on pallets and take them off. Robots can shift items around in inventory, pick up packages and move goods on warehouse floors. And they can do all this without a human minder guiding their every move. Yet, even though robots are starting to take over some repetitive and cumbersome jobs, there are still many tasks they are not good at, making it difficult to know when or if robots will be able to fully automate this industry.

Indian stock market for the last one year or so. The mutual funds that have been following the value investing strategy have offered handsome returns in the last year. However, fund houses that had been following the growth strategy have suffered. If you swear by value investing principles, you may invest in value funds to take care of your long term needs. If you are new to value investing, you should acquaint yourself with this style of investing and its merits and demerits. A value investor tries to choose stocks that are available at cheaper valuations. These investors employ various ratios and methodology to identify such stocks. Essentially, they look for stocks that are available at a discount to their real or intrinsic value. Simply put, it means the market hasn't discovered the true potential of these stocks and they are available at a discount. Also Read | Best focused mutual funds to invest in November 2024

Grasim Industries with a target price of Rs 2731. The current market price of Grasim is Rs 2519.25. Grasim Industries, incorporated in 1947, is a Large Cap company with a market cap of Rs 172635.15 crore, operating in a Diversified sector. Grasim Industries' key products/revenue segments include Cement, Other Operating Revenue, Scrap, Export Incentives and Sale of services for the year ending 31-Mar-2024.

Indrajit Agarwal, Senior Research Analyst, CLSA, says there are three or four levers of cost savings. One is higher renewable power usage, second is lower lead distances, third is improving the mix of cement, etc. All those things will lead to profitability improvement. In an environment where the top few players are focusing on both cost savings and market share gain, pricing would be very difficult to come by and that is where larger cement players with better volume growth visibility and cost saving outlook are likely to fare much better than the smaller or regional players. What have been your key takeaways for materials as a sector? Indrajit Agarwal: If you look at the sector, what has happened in the past few years and also year to date, we have been in the midst of a structural upcycle driven by all the levers, be it infrastructure, housing, property market, whatever you call it. However, the last six months effectively has been a perfect storm. We have had a confluence of three events which has led to a significant weakness in the demand environment.

HDFC Securities has a buy call on Ashoka Buildcon with a target price of Rs 302. The current market price of Ashoka Buildcon is Rs 237.85. Ashoka Buildcon, incorporated in 1993, is a Mid Cap company with a market cap of Rs 6663.25 crore, operating in the infrastructure sector. Ashoka Buildcon's key products/revenue segments include Income From Construction Work, Ready Mix Concrete, Other Operating Revenue, Scrap and Land for the year ending 31-Mar-2023.

Ricky Ponting pointed out that star India batter Virat Kohli is popular in Australia because of his passionate and aggressive approach to the game, especially to its longest format. After a disastrous home season with the bat against Bangladesh and New Zealand and underwhelming Test numbers over the years, which includes just two centuries, Virat would be making his fifth and one of his toughest tours to Australia. All the speculation around Virat's form, future in Test cricket and lack of centuries have not affected his hype in Australia as newspapers feature posters and attractive images/slogans highlighting the larger-than-life status the batter enjoys in Australia. Ponting spoke with host Sanjana Ganesan on the most recent episode of The ICC Review and the Australian legend spoke glowingly of the former India captain ahead of the upcoming battle for the Border-Gavaskar Trophy Down Under.

Oscar-winning composer A.R. Rahman and his wife, Saira Banu, had decided to end their nearly three-decade-long marriage. Rahman confirmed the separation in a post on his social media platform X (formerly Twitter), where he reflected on their journey and the unforeseen challenges that led to their decision. AR Rahman expressed that while they had envisioned celebrating their 30th wedding anniversary, circumstances had taken a different course. The tweet read, “We had hoped to reach the grand thirty, but all things, it seems, carry an unseen end. Even the throne of God might tremble at the weight of broken hearts. Yet, in this shattering, we seek meaning, though the pieces may not find their place again. To our friends, thank you for your kindness and for respecting our privacy as we walk through this fragile chapter.”

Subscribe to enjoy similar stories. A question I get asked frequently—just last week, in fact—is how to improve one’s writing. The answer is simple.

Subscribe to enjoy similar stories. President Trump’s election has reignited the debate over whether he might attempt to fire Federal Reserve Chairman Jerome Powell. Yet firing Mr.

Researchers at investment banks might be less popular than before, but that doesn’t mean that some banks aren’t interested in bolstering their offerings.

It will be a while before Vis Raghavan becomes a veteran at Citi, but after nearly six months as the US bank’s global head of banking and executive vice chair, he’s presumably at last about to exceed his notice period. 

If you're working for a bulge bracket US investment bank, and you're thinking of moving to a European bank for lifestyle reasons, because yourworking hours are terrible, then I have one thing to say: don't. 

Can a job cut ever be «thoughtful»? If you're on the receiving end, maybe not — but this is what Michael Roberts, the man recently appointed to lead HSBC's corporate and institutional bank, said he was all about just a few weeks ago. 

$300m is a lot of money. It was even more money in the late 1980s, when Howard Lutnick, the man who might now be Donald Trump's Treasury Secretary, made $300m in profit for Cantor Fitzgerald. Lutnick joined Cantor aged 22 in 1983; he became CEO there seven years later, aged 29.

As often seems to be the case, Ajay Kumar's long tenure as a top trader in an investment bank, doesn't seem to have been perpetuated since he left to work on the buy-side.

We revived our Ideal Employer report last year after a five year hiatus, and the people spoke: JPMorgan won by a landslide.

If you’ve been following the news, you’ve probably heard that investment banking revenues are back. You might even be expecting a bigger bonus as a result. Unfortunately, you may be wrong.