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Kotak Mahindra Bank's Third-Quarter Profit Rose, Helped by Interest Income

By Jiahui Huang Kotak Mahindra Bank's net profit rose in the third quarter, as a jump in interest income helped offset a steep rise in provisions. The Indian...

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Zurich Insurance 9-Mos Property & Casualty Gross Written Premiums $34.59B

By Ed Frankl Zurich Insurance Group said Thursday that will buy a portfolio of brokerages for $760 million, after strong revenue at both its...

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Zurich Insurance to Acquire Majority Stake in Kotak Mahindra's Casualty Insurance Unit

By Kosaku Narioka Zurich Insurance Group agreed to acquire a majority stake in Kotak Mahindra Bank's casualty insurance business and form a strategic...

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Kotak Mahindra Bank's Second-Quarter Net Profit Climbed on Retail-Banking Strength

By Kosaku Narioka Kotak Mahindra Bank's second-quarter net profit climbed, thanks partly to improvement in its retail-banking business. The Indian bank said...

Kosaku-narioka , Kotak-mahindra-bank , Mahindra-bank , Article-normal , Banking , Banking-credit , Financial-services , Financial-performance , Earnings , Corporate-industrial-news , Content-types , Factiva-filters

Kotak Mahindra Tipped to Post 23% Rise in Second-Quarter Net Profit -- Earnings Preview

By Kosaku Narioka Kotak Mahindra Bank is scheduled to report second-quarter results on Saturday. Here's what you need to know: NET PROFIT FORECAST: Kotak...

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Kotak Mahindra Bank Expected to Post 57% Increase in First-Quarter Net Profit -- Earnings Preview

By Kosaku Narioka Kotak Mahindra Bank is scheduled to report its first-quarter results on Saturday. Here is what you need to know: NET PROFIT FORECAST: Kotak...

Kotak-mahindra , Kosaku-narioka , Kotak-mahindra-bank , Mahindra-bank , Article-normal , Banking , Banking-credit , Financial-services , Financial-performance , Earnings , Earnings-projections , Corporate-industrial-news

Hot Emerging Market Stocks Don't Come Cheap

By Craig Mellow
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NIO EP9
Courtesy of NIO
You think Tesla (ticker: TSLA) stock had a good year? Shares in Elon Musk’s electric-car dynamo jumped a mere 670% during 2020. Chinese competitor Nio (NIO) posted an 11-fold increase.
EVs aren’t the only sector where emerging market stars left U.S. names in the dust. Amazon.com’s (AMZN) 75% advance lagged Latin American e-commerce sensation MercadoLibre’s (MELI) 200%. Southeast Asian online marketplace Sea (SE) climbed fourfold. Chinese social-media power Tencent (700: Hong Kong) outperformed Facebook (FB) 50% to 30%. ...
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Emerging Markets Have Plenty of Hot Stocks. They Don’t Come Cheap.

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