From Tokyo to New York, stock markets are on a record-hitting spree around the world

From Tokyo to New York, stock markets are on a record-hitting spree around the world

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In … Read more

Fidelity, Invesco look to buy into India’s coronavirus-led stock slump

Fidelity, Invesco look to buy into India’s coronavirus-led stock slump

By Moxy Ying, Abhishek Vishnoi and Ishika Mookerjee Even as traders in India fret over how much more pain the nation’s uncontrolled coronavirus surge will inflict on local stocks, some seasoned investors are getting ready to dip their toes back into the market. Concerns that a fresh round of lockdown-like rules triggered by the new … Read more

Foreign investors pour into India stocks despite sinking economy

Foreign investors pour into India stocks despite sinking economy

By Nupur Acharya India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers plowed a net $6 billion into shares in Asia’s third-largest economy in August, the most since March last year. That’s as all other markets in the region excluding China suffered net … Read more