By Administrator_India Capital Sands Oil prices rose for a third day on expectations that major producers are likely to enact deeper output cuts to offset the slump in demand caused by the coronavirus outbreak in China, the world’s second-largest crude consumer. Brent crude rose 17 cents, or 0.3%, to $55.96 per barrel. U.S. West Texas […]
By Ritu, Capital Sands Indian firms are ramping up issuance of dollar-denominated bonds this year to exploit a rising global appetite for high-yielding debt and the relaxation of domestic rules on the use of funds raised, data from Refinitiv showed on Wednesday. Refinitiv data showed Indian firms have issued a record $5.6 billion worth of […]
By Administrator_India Capital Sands Asian markets were mixed on Tuesday morning as traders continued to weigh the ongoing coronavirus outbreak’s impact on global economies. The Shanghai Composite gained 0.3% , while the Shenzhen Component lost 0.2%. Worries about the virus remained as work at factories began to resume in China following the extended Lunar New Year holidays. […]
By Administrator_India Capital Sands The death toll in China due to the novel coronavirus epidemic rose to 908, Chinese health officials said on February 10. The total number of confirmed cases have risen to around 40,171 in China’s 31 provincial-level regions so far. China’s National Health Commission has also said that there were 97 deaths […]
By Administrator_India Capital Sands Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei Lavrov said on Thursday. A technical panel that advises the Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia proposed a provisional cut […]
By Administrator_India, Capital Sands Indian market gained momentum after the MPC kept rates stable at 5.15 percent on expected lines on Thursday, but incentivizing credit flow to certain stressed sectors like Auto, housing and MSMEs, by exempting them from CRR on incremental credit to these sectors till July 2020 boosted sentiment. The S&P BSE Sensex […]
By Administrator_India Capital Sands Asian stocks edged up on Thursday, cheered by record closes in Wall Street benchmarks after encouraging economic data, although investors kept a wary eye on the developments in the coronavirus outbreak. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.14% while Japan’s Nikkei rose 2.07%. Mainland Chinese shares edged up, […]
By Administrator_India Capital Sands Singapore’s central bank said its exchange rate-based monetary policy stance remains appropriate and that the currency has room to ease within its current settings amid weakening economic conditions due to the outbreak of the coronavirus in China. Singapore, which recorded its lowest growth rate in a decade last year, has warned […]
By Administrator_India, Capital Sands India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to list the bonds on global indices and attract more foreign funds, according to two finance ministry sources. India’s government is likely to issue the bonds in several […]
By Administrator_India Capital Sands Turkey said on Monday its military hit dozens of Syrian government targets after eight Turkish military personnel were killed by shelling in Idlib in northwest Syria, where fighting threatens to test ties between Ankara and Moscow. Turkey and Russia are on opposing sides in the fighting in Idlib and, though they […]
