Morning Scan: All the big stories to get you started for the day
A round-up of the biggest articles from newspapers.Month: January 2023
A round-up of the biggest articles from newspapers.
With big bets on Elon Musk, these funds may have a Tesla problem in #39;23
Overall, 50 actively-managed U.S. equity funds have more than 5% of their assets in the company, exceeding the barrier that many portfolio managers will not cross for one equity position to diversify their exposure.
China#39;s December services sector extends declines as COVID cases surge: Caixin PMI
The Caixin/SP Global services purchasing managers#39; index (PMI) rose to 48.0 in December from 46.7 in November, but remained below the 50-point mark, which indicates contraction in activity, for a fourth straight month.
Oil prices rebound after opening the year with steep losses
The bounceback followed two days of steep declines to start off 2023 as investors worry about a potential global recession and the short-term economic signs in the world#39;s two biggest oil consumers, the United States and China, appear shaky.
These small-cap stocks graduate to mid-cap category, await mid-cap funds to invest
Especially, midcap schemes are more likely to add these stocks in their portfolio to adhere to the regulator’s mandate of holding at least 65% of the assets in the midcap universe
FTX#39;s former top lawyer Daniel Friedberg aided US authorities in Sam Bankman-Fried case
Friedberg gave details about FTX in a Nov. 22 meeting with two dozen investigators, the person said.
Bonanza Portfolio suggests buying GNFC and selling Sun TV Network for the short term
Sun TV Network is expected to be giving a breakdown of a wedge like pattern on the daily timeframe after seven months with decent volumes and the supertrend indicator is also indicating a downwards move which can be used as a confluence towards the bearish view.
Making every effort to reduce visa interview appointment time in India: US
“Visa processing is recovering faster than projected and over the coming year, we expect to reach pre-pandemic processing levels,” State Department spokesperson Ned Price told reporters at his daily news conference.
Making every effort to reduce visa interview appointment time in India: US
“Visa processing is recovering faster than projected and over the coming year, we expect to reach pre-pandemic processing levels,” State Department spokesperson Ned Price told reporters at his daily news conference.
Antony Blinken will have several opportunities to travel to India in 2023: US
Antony Blinken, along with Defense Secretary Lloyd Austin, is expected to travel to India early this year for the 2 2 dialogue with their respective Indian counterparts — External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh.