Page 7 - Foreign Fund News Today

Equity benchmarks crashed nearly 4 per cent in the truncated week as weak global cues, rising concern over inflation, foreign fund outflows and a surprise interest rate hike by the Reserve Bank of India (RBI) weighted sentiment.

Bangladesh’s funds from foreign sources rise 58% in July-February

Concerns over new COVID-19 variant Omicron, as well as continued foreign fund outflows, will keep Indian rupee subdued during the upcoming week.

Биржевые индексы — это финансовые индикаторы, которые отслеживают стоимость группы ценных бумаг, объединённых по определённому признаку, например отрасли.

Xinhua Asia-Pacific news summary at 1000 GMT, May 12 12 May 2021, 22:18 GMT+10 JAKARTA -- The CoronaVac vaccine developed by the Chinese biopharmaceutical company Sinovac Biotech has effectively reduced the risk of COVID-19 symptoms in medical workers by 94 percent, showed a study by the Indonesian Health Ministry. The research teams head Pandji Dhewantara said on Wednesday that the study conducted from Jan. 13 to March 18 this year involved 128,290 medical workers who were not infected with C...

Time to remit: Pakistan rupee hits 3-month high, set to rise further Waheed Abbas/Dubai Photo: AFP In addition to strong inflows of foreign funds and remittances, good progress made on the Financial Action Task Force also supported the rupee. Pakistani rupee hit a three-month high against the UAE dirham on Monday and is likely to strengthen further in the coming days, as dollar inflows into the country stay strong, thanks to remittances from Pakistani expatriates and foreign fund inflows. ALSO ...

Ajay Singh shows keen interest in Air India SpiceJet Chairman and Managing Director Ajay Singh, along with two other investors, has shown a keen interest in the acquisition of the beleaguered Air India, The Economic Times reported. At least one of the said investors is a foreign fund. The report claims that Singh and the other two investors are among multiple parties that have shown interest in the airlines. Singh wants to receive a 100 per cent stake, but it is ...