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Provisioning woes take toll on 4 PSBs; Canara, Dena, United banks in red

Following the RBI's new rules for restructuring of such assets, all banks had to change the status of some of their standard stressed assets, classifying these as NPAs in the quarter.....»»

Category: topSource: business-standardMay 11th, 2018

JPMorgan Applies to Launch Brokerage in China

JPMorgan Chase is seeking approval from a Chinese regulator to launch a joint-venture brokerage in the country, becoming the latest bank to explore the opportunity after Chinese authorities loosened rules on foreign firms controlling such ventures......»»

Category: asiaSource: wsjMay 11th, 2018

SC asks directors of Unitech Ltd to give details of personal assets

The bench headed by Dipak Misra directed that neither any director, nor their agents or assignees "shall create any third party interest in the properties" of the firms.....»»

Category: topSource: business-standardMay 2nd, 2018

China eases rules: Foreign firms can own stakes in security ventures

China's announcement of the changes in 2017 coincided with a visit by US President Donald Trump to the country.....»»

Category: topSource: business-standardApr 29th, 2018

RBI eases rules for foreign investors, lifts 3-yr cap on bond investments

Move follows weak interest in two recent auctions that saw a spike in sovereign debt yields.....»»

Category: topSource: business-standardApr 28th, 2018

160-year-old department store Bon-Ton is preparing to liquidate its assets

Charles Krupa / AP Images Two liquidation firms have won an auction for The Bon-Ton Stores' assets.&nbs.....»»

Category: topSource: businessinsiderApr 18th, 2018

Tobacco farmers argue for banning FDI but major firms warn of monopoly

Current rules prohibit a foreign entity from investing in the manufacture of all forms of smoking and chewing tobacco products, including cigarettes, bidis and cigars.....»»

Category: topSource: business-standardApr 11th, 2018

State Bank of India, Punjab National Bank to sell 15 NPAs worth Rs 10.63 bn

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale. Both the banks said they will conduct the e-auction on 20th of this month.....»»

Category: topSource: business-standardApr 8th, 2018

Britain"s "Aramco" listing category attracts interest from a single firm

Britain's markets watchdog has so far been contacted by only one company interested in taking advantage of a rule it introduced to attract state-owned firms like Saudi Aramco to London, the regulator told Reuters without naming the firm......»»

Category: topSource: reutersAug 17th, 2018

Capital Gains: Tiny horses take flight; Torchy"s Tacos, the ultimate closer

In this week's Capital Gains: A Central Austin home for sale comes with free Torchy's Tacos; Southwest Airlines welcomes mini-horses on board; Chuy's Tex-Mex hires outside marketing firms; United Heritage Credit Union surpasses $1 billion in assets......»»

Category: topSource: bizjournalsAug 16th, 2018

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade Wednesday, The Trump Administration imposed additional sanctions on 3 foreign companies the US Treasury Department sayd are helping NKorea with illicit shipmen.....»»

Category: topSource: livetradingnewsAug 16th, 2018

Animals that defy the rules of aging — like naked mole rats — could help scientists unravel the secrets to longevity

Neil Bromhall/Shutterstock Some long-living animals seem to defy the rules of aging, so scientists are studying them. Two animals of interest to researchers are the naked mole rat, which lives decades longer than its rodent relatives, and .....»»

Category: topSource: businessinsiderAug 15th, 2018

Oil firms bid on under 1% of offshore leases in U.S. auction, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 15th, 2018

US sanctions shipping firms over North Korea trade

The Trump administration is imposing sanctions on three foreign companies it says are helping North Korea with illicit shipments of goods to fund its nuclear program......»»

Category: topSource: foxnewsAug 15th, 2018

US bill rates flat to higher; 3-month highest since 2008

Interest rates on short-term Treasury bills were unchanged to higher in Monday's auction, with three-month bills remaining at their highest level in more than a decade......»»

Category: topSource: foxnewsAug 13th, 2018

U.S. tech firms "concerned" about proposed new India rules, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 13th, 2018

"What They Did Was Unacceptable": Saudis To Dump Canadian Assets "No Matter The Cost"

Update 2: Saudi foreign minister Adel Al-Jubeir has made a new statement - attempting to talk back The Kingdom's rhetoric somewhat (or perhaps avoid sending its Canadian asset prices tumbling into a firesale). "What.....»»

Category: blogSource: zerohedgeAug 8th, 2018

Germany to tighten checks on foreign investment plans

The German government plans to tighten rules on foreign investments in some companies to lower the threshold at which it can consider blocking such plans......»»

Category: topSource: foxnewsAug 8th, 2018

3Y Note Yields Most Since May 2007 In Ugly, Tailing Auction As Foreign Buyers Flee

After yesterday's two-fer shocker, when the Treasury sold 3 and 6-month bills at the lowest Bid to Cover in a decade as demand for papers suddenly pulled away, today's 3Y coupon auction was no better, and moments ago some $3.....»»

Category: blogSource: zerohedgeAug 7th, 2018

Treasury bill rates continue rise; highest level since 2008

Interest rates on short-term Treasury bills rose in Monday's auction, their climb keeping them at their highest levels in more than a decade......»»

Category: topSource: foxnewsAug 6th, 2018