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Animal spirits show India slowdown may be bottoming out

Bloomberg India’s economy showed nascent signs it may be turning a corner after six straight months of anemic activity. Two of the eight high-frequency indicators compiled by Bloomberg News came in stronger in November based on a three-month weighted average reading, although that wasn’t enough to move the needle on a gauge measuring overall activity. The dashboard measures “animal spirits,” ...

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NMC planning review after shortseller attack

Bloomberg NMC Health Plc shares gained after the company said it plans an independent review of assertions from “certain third parties,” partly recovering from a slump that followed allegations by short seller Muddy Waters Capital LLC recently. The company has been under siege since Carson Block’s Muddy Waters said its financial statements hint at potential overpayment for assets, inflated cash ...

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Three Japan Post group presidents to quit

Bloomberg The presidents of three Japan Post Group companies will step down on Friday amid a scandal involving insurance sales, local broadcaster JNN reported. The report said that the executives would step down at a press briefing on Friday, amid the ongoing scandal involving Japan Post insurance sales. Japan Post said that it is unaware of any plans by the ...

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