Stocks sink as NBFI liquidation move triggers sell-off
The benchmark index of the Dhaka Stock Exchange (DSE) tumbled this week, snapping a two-week gaining streak, as the move to liquidate nine scam-tainted non-bank financial institutions (NBFIs) unnerved investors.The Bangladesh Bank officially approved the liquidation this week as the these NBFIs -- plagued by years of irregularities, loan fraud...
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Japan's Nikkei skids in upbeat Asia
SYDNEY, Dec 5 (Reuters): Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise upbeat Asian performance as investors wait for a USinflation reading that could sway a deeply divided Federal Reserve.The Nikkei 225 fell 1.3 per cent after weaker-than-expected household spending data underscored the scourge of...
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Hedge funds double down using near-record leverage in quest to boost returns
NEW YORK, Dec 5 (Reuters): Hedge funds are using near-record levels of leverage to trade equities and betting on debt-backed strategies in efforts to juice returns, making the most of markets buoyed by a boom in artificial intelligence.Over the past few years, debt-fuelled strategies have surged as funds have become...
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India's RBI to deliver up to $16b liquidity boost for bond markets
MUMBAI, Dec 5 (Reuters): The Reserve Bank of India lowered its key interest rate on Friday and announced measures to infuse up to $16 billion into the banking system this month in the form of debt purchases and a foreign exchange swap.The RBI reduced the repo rate by 25 basis...
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Asia's strong IPO pipeline to be tested by AI bubble concerns in 2026
HONG KONG/MUMBAI, Dec 5 (Reuters): A strong pipeline of high-profile IPOs by companies in China and India looking to tap into a move by investors to diversify bets will bolster Asian equity capital deals next year, although worries over soaring tech valuations could drag on momentum.Asian equity capital market (ECM)...
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