Hedge fund stock pickers have had one of their worst three-week periods since the first half of 2022, according to a Goldman Sachs client note seen by Reuters on Friday, as this year’s AI software-related tech selloff continues.Read More
Foreign portfolio inflows and the rupee have strengthened after India’s free trade agreement with the European Union and an interim trade deal with the United States, the Reserve Bank of India said in its monthly bulletin on Friday.Read More
Securities and Exchange Board of India has approved IPOs of Integris Medtech, Alpine Texworld, Anjali Labtech and Appl Containers. Integris plans a Rs 925 crore issue largely for debt repayment, while the others aim to fund expansion and list on NSE and BSE.Read More
India’s benchmark 10-year government bond yield spiked on Friday, driven by mounting concerns about a potential military confrontation between the U.S. and Iran that has bid crude oil prices up to their highest in six months.Read More
The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year.Read More
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