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India and Taiwan eyes China’s MSCI emerging market index top spot: Report | Stock Market News
Livemint· 19 hours agoTaiwan and India now command more than 19 per cent weighting each in the MSCI EM Index, eyes China’s...
AT&T Data Hack Prompts FCC Probe, Raises Broad Security Concerns
Livemint· 13 hours agoAT&T Inc. said on Friday that hackers stole a cache of six months worth of mobile-phone customer data, disclosing for the first time a cybersecurity breach that was massive in its scope and ...
Correlations Between Credit and Equities Are Breaking Down
Livemint· 13 hours agoCredit markets are breathing a sigh of relief after inflation data showed price pressures are cooling broadly, but a weakening economy poses fresh risks to corporate debt. A perceived gauge ...
‘It’s All Hands on Deck’ as Beryl Bears Down on Texas Coast
Livemint· 6 days ago“The bottom line is, it’s all hands on deck,” Houston Mayor John Whitmire said during a briefing Sunday. The storm was 135 miles (217 kilometers) east-southeast of Corpus Christi, Texas, with ...
US to Expand Scrutiny of Foreign Investments Near Military Bases
Livemint· 6 days agoThe US Treasury Department will expand its scrutiny of foreign investments near military bases to counter suspected security threats from China and other countries. The proposed rule “will significantly ...
Machines Aren’t Coming for the Lords of Finance, Yet
Livemint· 6 days agoCentral bankers aren't born as chronic worriers, but they quickly acquire the trait. It’s not quite a doomsday scenario where AI runs amok and destroys the Earth, said Eddie Yue of the Hong ...
Crypto Trading Platform Abra Buys Valkyrie’s Private Trusts
Livemint· 2 days agoAbra Capital Management LP took over a number of active trusts from Valkyrie in May, Abra’s head of asset management Marissa Kim said in an emailed response to questions by Bloomberg ...
Your Money Will Be Gone in 60 Seconds, and That’s Good
Livemint· 2 days agoMoney will soon jump borders in 60 seconds or less. When I described Nexus as consumer banking’s next big thing three years ago, it was just a concept: a blueprint for countries to link their ...
Deutsche Bank Settles €500 Million Spanish Mis-Selling Case
Livemint· 2 days agoDeutsche Bank AG has resolved a €500 million ($545 million) claim from a Spanish hotel chain over losses suffered on foreign-exchange derivatives sold by the lender. Responding to Bloomberg ...
Wall Street Banks Set For Bond Sales Spree After Earnings
Livemint· 2 days agoWall Street’s biggest banks are set to borrow more than they usually do after reporting second-quarter earnings, taking advantage of falling yields and tapping debt markets before the US presidential ...