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Does India Deserve Latest Bout of Hype? Yes and No – BloombergQuint

BloombergQuint Does India Deserve Latest Bout of Hype? Yes and NoBloombergQuint(Bloomberg View) — Moody's decision on Friday to raise its rating of India's sovereign bonds a notch, from Baa3 to Baa2, could elicit one of two reactions. On the one hand, a fair observer could feel that that the decision was way overdue. And, on […]

Bitcoin Has an Unusual Relationship With Volatility – BloombergQuint

Bitcoin Has an Unusual Relationship With VolatilityBloombergQuint(Bloomberg View) — Cryptoassets are showing the signs of a bubble. Market capitalization is $222 billion, 16 times as much as a year ago, with no significant change in tangible economic value. The virtual currencies elicit investment excitement and …and more » Source: Business and finance

China's $38 Trillion Off-Balance Sheet Binge: No Drama, UBS Says – BloombergQuint

BloombergQuint China's $38 Trillion Off-Balance Sheet Binge: No Drama, UBS SaysBloombergQuint(Bloomberg) — The Chinese finance sector's 253 trillion yuan ($38 trillion) of off-balance sheet items pose little risk because more than two-thirds of them are relatively harmless components such as custodial funds and untapped credit-card limits … Source: Business and finance

Malaysian Economy Expands at Fastest Pace in More Than 3 Years – BloombergQuint

Malaysian Economy Expands at Fastest Pace in More Than 3 YearsBloombergQuint(Bloomberg) — Malaysia's economy grew at the fastest pace in more than three years in the third quarter, supported by resilient domestic demand and a manufacturing sector that's benefiting from booming global trade.and more » Source: Business and finance

Euro a Haven and So Much More to Traders Betting Rally Has Legs – BloombergQuint

BloombergQuint Euro a Haven and So Much More to Traders Betting Rally Has LegsBloombergQuintThe Bloomberg Euro Index notched six straight days of gains through Tuesday as global equities took a battering and investors flocked to the relative safety of government debt. The European currency bought $1.1770 as of 5 p.m. Thursday in New York …and […]

Pence Promises Estate Tax Repeal, But Senate's Plan Doesn't – BloombergQuint

Pence Promises Estate Tax Repeal, But Senate's Plan Doesn'tBloombergQuint(Bloomberg) — Vice President Mike Pence said Republicans would repeal the estate tax — a step that the Senate GOP tax plan doesn't currently plan to take. “Death should no longer be a taxable event,” Pence said Thursday night during the annual dinner …and more » Source: Business […]

Once-Hot Acer Returns to Investor Spotlight as Earnings Surge – BloombergQuint

BloombergQuint Once-Hot Acer Returns to Investor Spotlight as Earnings SurgeBloombergQuint(Bloomberg) — Acer Inc. is attracting the interest of stock investors again, after spending years in the doldrums as its share price collapsed along with PC sales. The Taiwan stock has jumped 34 percent in a blistering five-day rally — its biggest …and more » Source: Business […]

Shanghai Pharma Eyes Acquisitions After Cardinal China Deal – BloombergQuint

Shanghai Pharma Eyes Acquisitions After Cardinal China DealBloombergQuint(Bloomberg) — Shanghai Pharmaceuticals Holding Co. is exploring further acquisitions after it beat out global buyout firms to buy Cardinal Health Inc.'s Chinese distribution business in a $1.2 billion deal. The state-owned drugmaker is scouting for …and more » Source: Business and finance

Asia Stocks Gain, Halting Slide; Aussie, Won Rise: Markets Wrap – BloombergQuint

BloombergQuint Asia Stocks Gain, Halting Slide; Aussie, Won Rise: Markets WrapBloombergQuint(Bloomberg) — Asian stocks rose, halting a retreat from historic highs after a four-day decline. Australian bonds climbed after a rally in Treasuries spurred in part by the global equities sell-off. Shares in Japan advanced, with the Topix index on …and more » Source: Business and […]

Deutsche Bank Says Junk Bonds Are a Buy, But Be Ready to Get Out – BloombergQuint

BloombergQuint Deutsche Bank Says Junk Bonds Are a Buy, But Be Ready to Get OutBloombergQuint(Bloomberg) — High-yield corporate debt is getting unfairly hammered and investors should use this opportunity to buy back in, according to Deutsche Bank AG's chief international economist. They should just be prepared to exit at some point perhaps in …and more » Source: […]