The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the near-term as the Japanese economy struggles with elevated raw material costs and supply chain issues The central bank held its target for short-term interest ratesContinue Reading
By Administrator_India, Capital Sands India hanged four men on Friday who were convicted for the rape and murder of a young woman on a bus in New Delhi in 2012, in a case that shocked the world and shamed the country over its appalling record for crimes against women. TheContinue Reading
By Administrator_India, Capital Sands Britain’s finance ministry has appointed Christopher Woolard as interim chief executive of the Financial Conduct Authority to navigate the financial sector after Brexit. CEO Andrew Bailey leaves in March to become governor of the Bank of England, when Woolard will take over the FCA as interimContinue Reading
By Administrator_India, Capital Sands A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organization declared it an emergency but stopped short of declaring the epidemic of international concern. China’s National Health Commission said 830 cases hadContinue Reading
By Administrator_India, Capital Sands Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year. Oil futures tumbled to seven-week lows as the contagion was expected to hitContinue Reading
By Administrator_India, Capital Sands India stocks were lower after the close on Wednesday, as losses in the Metals, Oil & Gas and Power sectors led shares lower.At the close in NSE, the Nifty 50 lost 0.52%, while the BSE Sensex 30 index lost 0.50%. The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., whichContinue Reading
By Administrator_India, Capital Sands Hong Kong-based Baring Private Equity Asia closed its seventh private equity fund at $6.5 billion, its largest to date, the firm said Tuesday. The fund size exceeded Baring’s initial target by $1 billion and is 60% bigger than the firm’s previous fund, it said. The newContinue Reading
By Ritu, Capital Sands After refusing to cooperate with the Democratic Party-led impeachment probe in the House of Representatives, President Donald Trump will on Monday offer his first comprehensive defense, before his trial begins in earnest in the Senate. Trump, only the fourth of 45 American presidents to face theContinue Reading
By Ritu, Capital Sands Prime Minister Boris Johnson will call for deeper investment ties between Britain and Africa at a summit for leaders of 21 African countries on Monday that comes days before his country will leave the European Union. After securing Britain’s departure from the EU, the world’s largestContinue Reading
By Ritu, Capital Sands As the budget day draws near, economists have strongly argued against personal tax cuts arguing that government should use the money it has to invest and stimulate demand. Exports said income tax cut would benefit only 2-3 percent of the population and may not be theContinue Reading
