Recent Posts

Dow Average heads for record, Treasuries dip

Bloomberg US stocks advanced to fresh records in thin trading ahead of a holiday. The rally in global bonds extended as investors weighed the prospect of more dovish appointees to two of the world’s major central banks. Ten-year Treasury yields dipped to the lowest since November 2016 on rising market bets that the Federal Reserve will cut rates this month. ...

Read More »

Most Indian stocks rise ahead of budget

Bloomberg Most Indian equities advanced and key indexes eked out gains ahead of the federal budget due on Friday. Investors are counting on the government to provide stimulus for an economy growing at its slowest pace in several years. The benchmark S&P BSE Sensex added 0.1 percent to 39,839.25 in Mumbai, after fluctuating between a gain of as much as ...

Read More »

Nordea CEO vents frustrations days after announcing his exit

Bloomberg Within days of announcing he will step down, the chief executive officer of Nordea Bank Abp has revealed his thoughts on an activist investor that repeatedly slammed his firm. Casper von Koskull, who said that he plans to retire by late next year when he turns 60, acknowledged that the frequent public criticisms by shareholder Cevian Capital AB were ...

Read More »
Send this to a friend