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Finance

Finance

Financial bids for SCI sale to be invited by September

portnews -
After the process of demerging non-core assets is done, the government is expected to invite financial bids for Shipping Corporation of India by September....
Finance

China’s April forex reserves fall most in 5-1/2 years amid slowdown worries

portnews -
China’s foreign exchange reserves fell by $68 billion in April, the biggest drop in five and half years, official data showed on Saturday, as...
Finance

U.S. regulators are in China for audit deal talks -sources

portnews -
U.S. regulatory officials have arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, three people familiar...
Finance

Key ECB rate should be back in positive territory by year end: Villeroy

portnews -
The European Central Bank should raise its deposit rate back into positive territory this year, French central bank chief Francois Villeroy de Galhau said...
Companies

DOE Commits $2.3B in Funding for Carbon Capture and Storage Projects

portnews -
The U.S. Department of Energy is committing more than $2.3 billion in additional funding to advance diverse carbon management approaches that reduce carbon dioxide...
Companies

Fredriksen’s Frontline linked with Gener8 takeover

portnews -
Could dramatic consolidation be on the cards for the tanker sector? That’s the speculation in Oslo where in the wake of Frontline’s $100m private...
Finance

Chinese yuan short bets hit record high on slowdown fears, Fed policy

portnews -
Short positions on the Chinese yuan touched their highest on record and bearish bets on other Asian currencies surged on worries over an economic...
Finance

FX Daily: Bank of England rate protest hits the pound

portnews -
USD: Price pressures in focus in the NFP report The dollar remains very much in demand around the world as price pressures increase, but growth...
Companies

Yara mulls IPO of clean ammonia business

portnews -
Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock...
Finance

Asian equities see large outflows for fourth straight month

portnews -
Asian equities saw massive foreign capital outflows in April on expectations of a hawkish policy by the U.S. Federal Reserve and concerns over the...
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