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2025-06-04 03:04:25| The Economic Times

Asian stocks experienced an initial surge following positive US labor market data, mitigating concerns about the impact of trade tensions. South Korean stocks notably led the gains after the election of a new president. Despite warnings from the OECD regarding the global economic downturn caused by trade policies, US markets demonstrated resilience, driven by encouraging economic indicators.

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2025-06-04 02:53:44| The Economic Times

Foreign portfolio investors are showing caution in the Indian primary market. IPO investments are down compared to last year. However, the average IPO size has doubled. FPIs are now selective, focusing on new-age tech companies. Secondary market investments rebounded in May. Overall, FPIs were net sellers in the first five months of 2025, despite recent inflows.

Category: News and Media

2025-06-04 02:20:09| The Economic Times

Yes Bank's board has approved a plan to raise funds. The bank aims to secure 7,500 crore through equity and 8,500 crore via debt instruments in fiscal year 2026. This fundraising will occur in stages, both domestically and internationally. Sumitomo Mitsui Banking Corporation will increase its stake in Yes Bank.

Category: News and Media

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