Bank credit in India has been driven by the growth in personal loans which hints at increasing household leverages. These leverages had probably led to exponential rise in the domestic asset prices. This may be attributed either to the changing mindset or overstated economic prospects. It is difficult to deny both possibilities with the information … Read more
The yen outperformed most of its peers in the Group of 10 Monday, rallying against the dollar in jittery trading ahead of key central bank events later in the week. Japan’s currency climbed as much as 1.7% versus the greenback to 145.19, before trimming the advance to about 0.8% during New York trading. The rally … Read more
Once passive players, non-professional investors like you and me (aka retail or individual investors) now wield significant power in the Indian stock market. But where have their investments been flowing of late? Are they betting big on blue-chip giants, or taking risks on smaller companies? Here’s what data shows. First, the growing retail presence is … Read more
As Japanese currency Yen hits seven-month high against US dollar, there are concerns around the higher cost that would lead to woes for Indian travellers. In the past one month, Yen has risen by 10.84 percent against the US dollar, as per the data revealed on XE.com. Japanese Yen traded at 0.0068962 USD (1 JPY) … Read more
NEW YORK (Reuters) -The yen dropped to multi-year lows against the U.S. dollar and euro on Tuesday, keeping investors on heightened Japanese intervention watch ahead of this week’s Bank of Japan policy meeting. The euro reached 165.71 yen, its highest since 2008, after data showed business activity in the euro zone expanded at its fastest … Read more