Edition:
India

Divya Chowdhury

U.S. stocks to rise regardless of Trump or Biden win, Guggenheim CIO says

08 Aug 2020

Aug 7 Easing uncertainty will likely drive U.S. stocks higher after the Nov. 3 presidential election, regardless of whether Democratic candidate Joe Biden or Republican President Donald Trump wins, Scott Minerd of Guggenheim Investments said.

Betting markets favor Biden over Trump, but odds narrow in U.S. race

07 Aug 2020

Betting markets favor Democratic presidential candidate Joe Biden over Republican President Donald Trump in November's U.S. election, though the odds between them have narrowed during the last week, two betting market aggregators said.

Betting markets favor Biden over Trump, but odds narrow in U.S. race

07 Aug 2020

Aug 7 Betting markets favor Democratic presidential candidate Joe Biden over Republican President Donald Trump in November's U.S. election, though the odds between them have narrowed during the last week, two betting market aggregators said.

Fresh U.S. pandemic stimulus should be more targeted: Raghuram Rajan

06 Aug 2020

The United States should take a more targeted approach with its new pandemic aid so it can save ammunition in case of a future economic slowdown or a second wave of infections, former Reserve Bank of India Governor Raghuram Rajan said on Thursday.

India should focus on protecting economy, says ex-RBI governor

06 Aug 2020

MUMBAI India's policymakers should focus on protecting the economy as businesses struggle amid the coronavirus pandemic instead of being overly focused on what ratings agencies think, former Reserve Bank of India governor Raghuram Rajan said on Thursday.

India needs to look beyond what rating agencies think, says ex-RBI governor

06 Aug 2020

MUMBAI, Aug 6 Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

Q&A-Fresh U.S. virus relief package to be about $1.5 trln - TS Lombard

06 Aug 2020

Aug 5 The U.S. coronavirus relief bill currently under debate is likely to come in at about $1.5 trillion and will be aimed at sustaining current levels of economic activity rather than boosting them, TS Lombard Chief U.S. Economist Steven Blitz said.

U.S. equities won't revisit March lows, corporate defaults next trigger: El-Erian

05 Aug 2020

U.S. equities will not revisit the lows hit in March 2020, but the next big correction in stock markets could be triggered by corporate defaults, Mohamed El-Erian, chief economic adviser at Allianz SE , said on Tuesday.

Vaxine expects to start Phase II trials for potential COVID-19 vaccine in weeks

29 Jul 2020

Australian biotechnology company Vaxine Pty Ltd expects to start Phase II trials of its potential COVID-19 vaccine in the next few weeks after "positive" results from the first stage human study, chairman Nikolai Petrovsky said on Wednesday.

U.S. Fed won't take rates negative, say fund managers, economists

08 May 2020

There is little chance the U.S. Federal Reserve will take interest rates into negative territory even as financial markets have begun pricing in such a move for the first time, fund managers and economists said on the Reuters Global Markets Forum.

World News