Overseas investors are buying
longer-duration Indian government bonds ahead of their inclusion
in JPMorgan s emerging market debt index, as they expect these
securities to draw a large chunk of. -May 27, 2024 at 01:19 am EDT
- MarketScreener
The MSCI Emerging Markets Index rose as much as 0.7% Wednesday, putting it on course to close above the level of 1,023.74 set on the last trading day of 2023.
India's Sudden Market Holiday Risks Denting Global Image bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
India s suspension of equities and currency trading reminded global investors of its frontier economy status, despite its growing equity market value and aspirations to be a market-friendly nation. The closure of the stock market for the inauguration of a Hindu temple on Monday, announced with short notice, disrupted trading and drew mixed reactions on social media. While some believe it will have minimal impact on India s standing among investors, others express concern about the lack of communication and potential disruptions to algo trading.
(Bloomberg) Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only modest progress in the strained ties and as fresh data renewed concern over the world’s second-largest economy. Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsSpaceX Weighs Spinning Off Starlink Via IPO a
Biden continues to consider Xi Jinping a "dictator" China's stock markets fallAmerican President Joe Biden and his Chinese counterpart Xi Jinping managed to restore, during a meeting that took place on Wednesday, near San Francisco, the dialogue put on hold for a year.
Saturdays assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in Chinas economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East region remains acute.