Nippon Steel Advances US Steel Acquisition Despite Political and Union Resistance

Nippon Steel remains determined to acquire US Steel, despite former President Donald Trump’s recent statements suggesting the Japanese company had abandoned its plan in favor of a simple investment. Earlier this month, after a meeting with Japanese Prime Minister Shigeru Ishiba, Trump claimed that Nippon was no longer pursuing a takeover of US Steel but […]

Rising Interest Rates Have a Sting in The Tail For Europe’s Banks

Rising Interest Rates

Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom interest rates as the U.S. Federal Reserve and then the European Central Bank moved towards tightening. Two of Europe’s big corporate and mortgage lenders, Sweden’s […]

RBI encourages investment in sovereign bonds as part of liquidity measures

By Administrator_ India Capital Sands The Reserve Bank of India is making longer-tenor sovereign bonds attractive again. Quantum Mutual Fund has moved to the 10-14 year segment after staying in duration of up to three years in August in its 691 million rupees ($9.4 million) Dynamic Bond Fund. UTI Asset Management Co. has turned overweight on bonds maturing in […]