World’s biggest ETF sees record $21 billion flow on stock rally

World’s biggest ETF sees record $21 billion flow on stock rally

An unprecedented amount of cash flowed into the world’s largest and oldest exchange-traded fund last week, as stocks rallied to near-record highs after the Federal Reserve indicated it could cut interest rates next year. State Street’s $478 billion SPDR S&P 500 ETF (ticker SPY) raked in $20.8 billion on Friday, the biggest inflow since the … Read more

Morning Digest | Aero India 2023 expected to see conclusion of 251 MoUs worth ₹75,000 crore; U.S. had contacts with China over ‘spy balloon’, Pentagon official says, and more

Morning Digest | Aero India 2023 expected to see conclusion of 251 MoUs worth ₹75,000 crore; U.S. had contacts with China over ‘spy balloon’, Pentagon official says, and more

Indian Air Force’s aerobatic team ‘Suryakiran’ fly behind, during rehearsals ahead of Aero India 2023 at Yelahanka Air Force base, in Bengaluru on February 11, 2023. | Photo Credit: K. Murali Kumar Aero India 2023 expected to see conclusion of 251 MoUs worth ₹75,000 crore The 14th edition of the biennial Aero India which will see … Read more

Saudi Crown Prince’s lawyer seeks dismissal of ex-spy chief case in U.S. court

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NEW YORK- Saudi Arabian Crown Prince Mohammed bin Salman‘s lawyer has asked a U.S. court to dismiss a case filed by a former top-ranking Saudi intelligence official, claiming it has no jurisdiction over the prince, according to court documents viewed by Reuters. The filing rejects claims that Mohammed bin Salman, also known as MbS, sent … Read more

Chinese espionage case: PMO officials, Dalai Lama were on spy radar

Dalai Lama PTI

New developments have come to light in the ongoing probe into the Chinese espionage racket which led to the arrest of Indian journalist Rajeev Sharma, a Chinese woman Qin Shi and her Nepalese associate Sher Singh alias Raj Bohra. Investigators have now found that Shi was asked to get details of top officials who were … Read more