China’s expanding geopolitical ownership shows that the Asian nation owns a significant stake in Pakistan and Bangladesh’s stock exchanges by acquisition through the consortium method, official filings data show. In 2017, China acquired a 40 per cent stake in the Pakistan Stock Exchange (PSE), though a consortium of companies like the Shanghai Stock Exchange (SSE),…
The animal spirits that sent Chinese stocks flying this year are spilling into convertible bonds issued from companies based in the country, with their notes leading the roughly $400 billion global market in both returns and trading volume. The ICE BofA Asia Convertible Excluding Mandatory Index, which Chinese issuers comprise two-thirds of, has gained more…
Global market: Amid fear of US President Donald Trump’s tariff barrier and trade war, most of the bourses in the Asian stock market are under pressure. Asian majors, Japanese and Indian stock markets have received the maximum beating as Japanese Nikkei has lost 1.35 per cent in YTD, India’s Nifty 50 index crashed around 4…
The global market is witnessing a rally today, marking a recovery after the carry trade that shook world stock markets last month. While this relief rally may persist in the short term, its momentum could be tested if there are no further strong triggers. The belief that the carry trade issue is behind us is…
As of 2022-23, India had 324,000 hectares under turmeric cultivation, producing 1.16 million tonnes, which accounted for over 75% of its global production. While in the past turmeric was primarily used in food, dyes and traditional medicine, and for religious purposes, with the development of newer avenues like its use in nutraceutical industries, demand for…
