By Siddhi Nayak and Swati Bhat MUMBAI (Reuters) – Indian banks’ capital position remains robust, supported by high profits, and their asset quality should further improve through March next year, a report released by the central bank on Thursday showed. Banks’ bad loans, or gross non-performing asset ratio, slipped to a multi-year low of 2.8% […]
Tag: asset
Analysis-A mountain of asset sales loom after oil megamerger era
By Shariq Khan, Sabrina Valle and Arathy Somasekhar (Reuters) – U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews. The share buybacks […]
EU backs Russian frozen asset plan to aid Ukraine, sparks Hungarian anger
By Andrew Gray (Reuters) -European Union governments agreed to use 1.4 billion euros ($1.50 billion) in profits from Russian frozen assets for arms and other aid to Ukraine, prompting Hungary to accuse fellow EU members of a “shameless” rule breach to bypass its objections. EU members had already decided in May to use profits from […]
Here’s how people with $1 million or more changed their asset allocation last year
High-net-worth investors changed their asset allocation in 2024 to have less cash but more bonds and real estate. – Getty Images/iStockphoto A new report from the Capgemini Research Institute has detailed where the world’s high-net-worth individuals (HNWI) invest their money — and just as importantly, how it changed in the last year. The report classified […]
Paramount is an impaired asset with a broken deal process, according to top adviser to Disney CEO
Paramount’s (PARA) future looks as uncertain as the ending to a blood and guts horror movie. “I will say Paramount as a company is quite impaired at this point,” Candle Media co-founder Kevin Mayer told Yahoo Finance at the Cannes Lions Festival this week. Mayer is credited with leading the launch of Disney+ and is […]
Paramount is an impaired asset with a broken deal process, according to top advisor to Disney CEO
Paramount’s (PARA) future looks as uncertain as the ending to a blood and guts horror movie. “I will say Paramount as a company is quite impaired at this point,” Candle Media co-founder Kevin Mayer told Yahoo Finance at the Cannes Lions Festival this week. Mayer is credited with leading the launch of Disney+, and is […]
Boris Johnson ‘clearly an asset’ to Conservative election campaign
Boris Johnson is “clearly an asset” to the Tory election campaign, a British Cabinet minister has insisted, after it emerged the former UK prime minister is no longer expected to appear on the trail. UK work and pensions secretary Mel Stride said the former Conservative leader is offering support in the “modern way” by making […]
Elon Musk Sends Shockwaves Through Wall Street With A Bold Embrace Of This “All-Weather” Asset Class
Elon Musk Sends Shockwaves Through Wall Street With A Bold Embrace Of This “All-Weather” Asset Class Elon Musk’s investments in AI have already netted him billions, but another, more traditional asset class is gaining traction. This year, AI provided a significant, albeit potentially fleeting, boost to the stock market, especially benefiting tech giants like Nvidia […]
JPMorgan Asset Management foresees stock rally continuing in H2
JPMorgan Asset Management’s outlook for the second half of 2024 forecasts a broadening market rally (^DJI, ^IXIC, ^GSPC) to expand past the tech sector and its standouts, namely the Magnificent Seven. Yahoo Finance Markets Reporter Josh Schafer breaks down JPMorgan’s expectations for earnings in 2024’s latter half. For more expert insight and the latest market […]
US market expert warns of ‘a bigger crash’ than 2008 — says there’s ‘nowhere to hide’ except in this 1 asset
US market expert warns of ‘a bigger crash’ than 2008 — says there’s ‘nowhere to hide’ except in this 1 asset Many investors still remember what it was like during the 2008 financial crisis, when panic swept through the markets and wiped out trillions of dollars in wealth. The fear and uncertainty led to massive […]
Great Bank Asset Sale Is a Boon for Bond Market: Credit Weekly
S&P 500: Crazy Rich Investors Get Burned Loading Up On This ‘Safe’ Asset
The world’s richest investors are loading up on safe assets — at exactly the wrong time as the S&P 500 is rallying. X High net worth individuals (HNWI), with investable assets of $1 million to more than $30 million, boosted their exposure to fixed income by five percentage points to 20% as of January 2024, […]