1) Modi's $200 Billion Renewable Push to Fuel Green Bond Bonanza
(Bloomberg) -- A $200 billion spending push by India to boost renewable power output will help drive a surge in issuance of green bonds, according to a unit of Citigroup Inc., the country's largest arranger of offshore note transactions in 2016. With governments around the world last year agreeing to a new global climate accord, Prime Minister Narendra Modi's administration has pledged to foster economic production in the world's second-most populous ...
2) Water Shortages at Factories Threaten Modi's Make-in-India Plans
(Bloomberg) -- On a steamy May morning in Ballari, a former British military outpost in southern India, the handful of workers still employed at Bachal Lal Varma's jeans-washing factory sit on the dusty street outside with nothing to do. Though their shift began more than an hour ago, they can't start work until a water tanker shows up. A well that normally supplies Varma's business is almost parched, making it necessary for him to spend 5,000 ...
3) INDIA DAYBOOK: L&T Infotech, State Bank, Sinha, Tata Steel
(Bloomberg) -- Today: L&T Infotech Chairman A.M. Naik address media on IPO plan in Mumbai; Junior Finance Minister Jayant Sinha speaks. WHAT TO WATCH: * State Bank of India sells 5% NSE stake for INR9.11b at INR4,050/shr * Prime Minister Modi to visit Mozambique July 7, Tanzania July 10 & Kenya on July 11 * Reliance Industries, SBI in pact to set up payments bank * Supreme Court to hold hearing on the ban of large diesel vehicles in New Delhi * Forex ...
4) Bangladesh Hunts Hostage Crisis Clues, Investigates IS Claim
(AP) -- Security officials searched on Sunday for evidence and the possible masterminds of the weekend hostage-taking in an upscale restaurant in Bangladesh's capital. The government has denied the Islamic State group's claim of responsibility for the attack that left 28 dead, including six attackers and 20 of the hostages. Police released photographs of the bodies of five attackers, along with their first names: Akash, Badhon, Bikash, Don and Ripon. The men belonged to the ...
5) IN FOCUS: Australian Vote, Tankan Price Outlook; Treasuries Gain
(Bloomberg) -- What you need to know from overnight and in the Asian day ahead: * Australian populists won more votes than expected, may produce a hung parliament and threaten nation's AAA rating; RBA is likely to hold tomorrow, OIS show * BOJ will release its quarterly Tankan survey of companies' price outlook at 7:50am HKT; see prior survey here * Treasury 10yr and 30yr yields slid to record lows Fri. as investors stretched further for gains; 10yr ...
6) Malaysia Palm Oil Reserves Seen Climbing on Weaker Demand: CIMB
(Bloomberg) -- Stockpiles seen +12% m/m to 1.85m mt in June, according to Ivy Ng, CIMB regional head of plantations. * Rising end-stocks due to higher output, weaker exports; will be negative for prices: Ng * June crude palm oil output seen +13% m/m to 1.54m mt, -13% y/y, according to CIMB Futures survey of 21 planters * Sarawak output seen +19% m/m; Sabah +12.5% m/m; Peninsular Malaysia +6.9% m/m * Est. monthly output growth of fresh fruit bunches above ...
7) INDIA CREDIT DAYBOOK: Rates Transmission Weak on Bank Stress: DB
(Bloomberg) -- RBI's monetary transmission remains weak due to stressed balance sheets of banks and "anemic" loan demand from private cos, Deutsche Bank economists including Kaushik Das say. * A high level of bad loans and weak demand for loans has led state-owned banks to invest more funds in govt bonds, higher than mandated: DB * Extra dose of rate cuts unlikely to change this dynamic in a meaningful way * NOTE: Bad-loan ultimatum in India sees ...
8) Global Funds Add to Indonesian, Korean Bonds; Cut Indian Debt
(Bloomberg) -- International funds were net buyers of 3.97t rupiah ($305m) in Indonesian bonds on June 30, according to finance ministry data; net buyers of $75.1m in local equities on July 1, according to exchange data. * Global funds cut holdings of rupee-denominated debt by $79.4m on June 30, according to Sebi data; net buyers of $219.1m in Indian equities that day: exchange data * Foreign funds were net buyers of 139.2b won ($121m) in South-Korea listed bonds ...
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com.
Visit this group at https://groups.google.com/group/longterminvestorsresearch.
For more options, visit https://groups.google.com/d/optout.
No comments:
Post a Comment