Economist Ed Yardeni suggests the Fed’s September rate cut hinges on upcoming inflation data; hotter data points to a 25 basis point cut, while cooler data could prompt a 50 basis point reduction. He cautions lower rates won’t solve labor shortages and might inflate the market. Yardeni also highlights India’s strategic importance amid global trade uncertainties.Read More
Saudia Aramco has initiated the sale of a U.S. dollar Islamic bond. The offering includes five- and ten-year tranches. This move occurs amidst a surge in bond issuance from the Gulf region. The sale aims to leverage Aramco’s balance sheet due to weaker oil prices. However, regional tensions, including recent events involving Israel and Qatar, could influence investor interest.Read More
Oracle’s shares experienced a significant surge, climbing 31% in Frankfurt following the company’s projection of its Oracle Cloud Infrastructure business exceeding half a trillion dollars in booked revenue. This positive outlook also influenced European markets, with German software maker SAP seeing a 2% increase. Oracle’s stock has demonstrated substantial growth this year, rising 45%.Read More
PhysicsWallah, an Indian ed-tech unicorn, is launching a Rs 3,820 crore IPO amidst industry scrutiny. While peers face struggles, PhysicsWallah, backed by WestBridge and Hornbill Capital, reports revenue growth and narrowed losses.Read More
Indian real estate is experiencing a surge. Delhi and Mumbai are becoming global contenders. Residential prices are rising significantly. Infrastructure upgrades are reshaping the investment landscape. Developers are focusing on integrated urban communities. The focus is shifting to well-connected suburbs. India presents a compelling story of affordability and scale. The role of visionary developers is crucial for India’s urban ascent.Read More
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