Lenders Rally After India’s Central Bank Eases Investment Curbs
Indian banks and shadow lenders rose Thursday after the country’s central bank eased capital requirements for a unique type of investment, a move that may free up more funds for loans.
Indian banks and shadow lenders rose Thursday after the country’s central bank eased capital requirements for a unique type of investment, a move that may free up more funds for loans.
Oil climbed to head for a solid quarterly gain on expectations OPEC+ supply cuts would tighten the global market.
Federal Reserve Chair Jerome Powell’s increasing focus on protecting the job market is encouraging a swath of bond traders putting bets on inflation rates to remain elevated.
For years, investors that poured money into psychedelic stocks have wagered that their breakout moment — and the eye-watering returns that would quickly follow — were just around the corner. And year after year it’s been, by-and-large, a losing bet.
When a Russian fuel tanker docks east of Havana this week, it will be welcome relief for Cuban officials trying to stymie growing unrest.
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