Bloomberg India should put off a plan to shorten settlement of stock transactions as it raises the risk of default by local brokerages and dims the country’s allure to global investors, a lobby group said. Capital market regulator, Securities and Exchange Board of India (Sebi), has announced a proposal to allow stock exchanges to offer next-day settlement in some stocks ...

Bloomberg Stocks in Europe rise for a second day along with US index futures as concerns about China Evergrande Group’s debt woes eased ahead of Wednesday’s Federal Reserve policy decision. Basic resources and energy were among the leading gainers in the Stoxx Europe 600 index as commodity prices steadied after Beijing moved to contain fears of a spiraling debt crisis ...

SHARJAH / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah, Chairperson of The Big Heart Foundation (TBHF) and UNHCR Eminent Advocate for Refugee Children, has allocated AED6 million worth of medications to be shipped from the UAE, to support young cancer patients in the Children’s Cancer Centre of Lebanon (CCCL), as a response to ...