Stock markets - world
Reliance planning $2.5 bn overseas debt issue to fund Jio expansion
23 Jan 2017
Reliance Jio Infocomm Ltd is planning to issue rights shares to raise resources for a planned Rs30,000 crore (about $4.4 billion) network expansion to boost coverage and increase capacity
Toshiba books loss on its US nuclear operations
27 Dec 2016
Chinese bourses set to acquire 40% in Pakistan Stock Exchange
23 Dec 2016
The consortium of buyers include China Financial Futures Exchange Company, the Shanghai Stock Exchange and the Shenzhen Stock Exchange besides local FIs Pak-China Investment Company and Habib Bank
Italy plans $21-bn bailout of banks as investors snub Paschi
23 Dec 2016
Under the recapitalisation plan, a major part of the holdings of these banks’ government bonds will be converted to equity, in what would be a partial nationalisation
Apple grabs 91% share of all smartphone profits globally
23 Nov 2016
According to a top analyst, Apple continues to generate monster profits due to its ability to maximize pricing and minimize production cost, leaving its closest rivals – all Chinese firms - a long way behind
Mark Zuckerberg sells $95 mn in Facebook stock
22 Nov 2016
Facebook plans $6-bn share buyback in Q1 next year
19 Nov 2016
Facebook, which has historically grown at a very fast clip, is now expanding at a slow pace and it needs something more than growth to create value for investors
Global bond investors lose $337 bn in single day after Trump win
10 Nov 2016
The total market value of bonds around the world slid by $692 billion over the past three days, triggered by speculation Trump’s victory and a Republican-led Congress will lead to a wave of spending
Apple grabs 104% of Q3 smartphone profits, thanks to Samsung’s woes
05 Nov 2016
Data released on Friday showed that Apple took virtually all of the smartphone industry's profits in the third quarter of 2016, despite more Android devices being sold in the market
Facebook defies odds for robust growth, but warns of tapering
03 Nov 2016
Facebook Inc, now on pace to reach $27 billion in revenue this year, is defying the slowdown in growth that usually comes with increasing size
UK’s sterling hammered by freak algorithm?
08 Oct 2016
Pound skids to 31-year low in delayed Brexit reaction
07 Oct 2016
The Sterling fell off a cliff of $1.2609 to hit $1.1841 - its lowest level since mid-1985 – in the morning Asian trade, before immediately rebounding to around $1.2450
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