Finance
21 articles
Tech Stock Selloff Rattles Global Markets
On Tuesday, investors aggressively sold off AI-related stocks, driving a global market decline that saw even recent hardware winners take a significant hit.
RBI Rejects Rule Changes, Increasing Tata Sons Listing Pressure
With standalone assets estimated at Rs 1.
Zerodha's Kamath Explains Why NSE is a 'Cash Machine'
Nithin Kamath, co-founder of India's largest brokerage Zerodha, publicly describes the IPO-bound National Stock Exchange (NSE) as a 'cash generation and distribution machine,' according to Fortune Ind
Santander overtakes Inditex to become Spain's most valuable company
Santander's market capitalization surged to €175.
Lloyds plans $4 billion SRT to boost lending
Lloyds Banking Group Plc is preparing to offload risk from a $4 billion portfolio, even as its total lending surged by 5% to £481.
Apotex Health IPO tops expectations, raises C$1.3 billion
Apotex Health's initial public offering, the largest on the Toronto Stock Exchange in five years, opened roughly 17% above its offering price, raising C$1.
Indonesia central bank raises rates to counter market selloff
Indonesia's rupiah has plummeted to a record low of over 18,000 to the dollar, prompting an emergency 25-basis-point interest rate hike from its central bank, according to Reuters .
MGC stalls Riyadh IPO amid geopolitical risks
Mutlaq Al-Ghowairi Contracting Co.
Indonesia market rout deepens as bonds, currency, stocks slide
Indonesia's 10-year government bond yield surged by 33 basis points on Monday, hitting its highest level in over a year.
Indonesia's Danantara Launches US Bond Roadshow Amidst Debt Concerns
As Indonesia's benchmark Jakarta Composite Index tumbled 36% from its peak, its sovereign wealth fund, Danantara, embarks on a US roadshow this week to secure a dollar bond sale, according to Bloomber
Raizen reaches debt deal with creditors to restructure finances
Raizen SA, the joint venture between Shell and Cosan, has secured an out-of-court agreement covering R$65 billion in debt, a move that sidesteps a potentially lengthy and costly judicial reorganizatio
Indonesian officials vow to stabilize Rupiah as it hits Rp18,000
The Indonesian rupiah breached Rp 18,000 per US dollar on Thursday, marking an 8% loss this year and cementing its position as Asia's worst-performing currency, per The Jakarta Post.
Chinese insurers buy dim sum notes via Bond Connect
Top Chinese insurers have just made their first purchases of yuan-denominated offshore bonds through an expanded southbound investment program, marking a new chapter for China's tightly managed capita
SpaceX Drafts IPO Rules for Blockbuster Offerings
SpaceX has reportedly filed an S-1 prospectus targeting a staggering $2 trillion valuation for a June 2026 listing, according to Gotrade .
AfDB Tentatively Allocates $650M for Uganda Railroad
The African Development Bank has tentatively allocated $650 million to Uganda's Standard Gauge Railway, a project valued at over $3 billion, even as its primary contractor's agreement was recently can
Bolivia's sovereign bonds crash for 10th day amid protests
Just weeks after Bolivia successfully raised $1 billion in international markets, its sovereign bonds have dropped almost five cents on the dollar, with yields on 2031 notes jumping to 10.
Cox Group secures $2.65B financing for Iberdrola Mexico assets
Seven top-tier global banks, including Goldman Sachs and Citi, have committed $2.
Chanel's owner to receive $5.8 billion dividend
The Wertheimer family, owners of Chanel, are set to receive a staggering US$5.8 billion in dividends for 2025.
Bolsonaro meets disgraced banker, raising executive concerns
Senator Flávio Bolsonaro acknowledged meeting with banker Daniel Vorcaro in late 2025, after Vorcaro had been arrested for bribery and released with an ankle monitor, according to Internazionale .
Australian Stocks Rebound, US Falls; Oil Eases Some Bond Pressure
Australian shares rebounded, but US markets fell, highlighting a divided global market.
Global stocks slide as 2026 Brent crude and bond yields climb
The UK's 10-year gilt yield surged to 5.