Stocks

Bloomberg India stocks climbed after the nation’s top court approved a 10-year payment plan for telecom companies to clear combined back-fees worth $19 billion. The S&P BSE Sensex traded 1.3% higher at 12:46 pm in Mumbai, with the surge in Bharti Airtel Ltd. helping the gauge break out of a tentative start to the day. The NSE Nifty 50 Index ...

Bloomberg China Evergrande Group’s shares fell the most in two weeks after the company said its debt load increased from the end of last year, falling short on a pledge to remake itself as a leaner company. The company’s total debt edged up 4% to 835 billion yuan at the end of June, compared with 800 billion yuan at the ...

Bloomberg Stocks in Europe began the week advancing alongside the US futures after equities set fresh record highs. The yen weakened. Mining shares led gainers in Europe along with utilities including Suez SA, which jumped after an approach by rival Veolia Environnement SA. Contracts on the three main American stock indexes pointed to a strong open on Wall Street. Markets ...

Bloomberg Indian stocks reversed gains, halting a six-day advance, after the government said troops clashed with Chinese counterparts. The main stock index remained on course to cap its best run of monthly gains in four years. A gauge of implied stock volatility surged after the announcement and the S&P BSE Sensex slipped 0.8% to 39,166.6 at 1:02 pm. The measure’s ...

Bloomberg Most Middle Eastern equity markets advanced on Sunday, with major gauges heading for the best monthly performance since April amid growing optimism regarding a coronavirus vaccine and higher oil prices. The main indexes in Dubai, Abu Dhabi and Saudi Arabia were all headed to the best monthly advance in four months, with Dubai’s DFM General Index leading the increase ...

Bloomberg Concern about tighter liquidity in China is reverberating through the nation’s financial markets. Government bonds are heading for a fourth month of declines, a rally in stocks has been slowed, while the yuan has strengthened to its highest level since January. The yield on China’s sovereign bonds due in a decade climbed 10 basis points this month to 3.08%, ...

Bloomberg The global rally in stocks slowed to a crawl as investors mulled its recent pace and reviewed expectations for loose monetary policy. US and European government bonds declined. The Stoxx Europe 600 Index drifted higher on gains in Germany’s market after the country extended a program that has kept millions of people from losing their jobs in Europe’s biggest ...

Bloomberg South Korean stocks and the currency could come under pressure as policy makers consider stricter social-distancing measures and a lockdown amid a flare-up in Covid-19 cases. Such concerns saw the benchmark Kospi index and the won slip early on Wednesday, although losses were pared after a senior health ministry official denied market rumours that authorities will raise social-distancing rules ...

Bloomberg Automaker stocks gained in India after the government said it will look into cutting taxes on some vehicles. The overall market was little changed. A measure of automotive stocks climbed 1.5%, the most among 19 industry groups, while the benchmark S&P BSE Sensex Index was little changed as of 11:36 am in Mumbai. Hero Motocorp Ltd. led peers higher, ...

Bloomberg Stocks climbed in Europe and Asia alongside US equity futures as America and China signalled progress on their phase-one trade deal. Treasuries edged lower with the dollar. S&P 500 futures advanced and shares rose throughout most of Asia as the two countries reaffirmed their commitment to a deal despite disagreement over issues such as tech security and Hong Kong. ...