INDIAN asset reconstruction companies, which once attracted global investors on hopes of large fees in the resolution of soured loans, are losing lustre as the bad loan situation improves and regulatory changes bite.
CEO Elon Musk’s preoccupation with Twitter after taking over the tech firm in late October and his sell-off of Tesla shares to fund his Twitter purchase has also contributed to the plunge in stock price.
JAPANESE long-term bond yields came off their highs on Friday (Dec 30) after the central bank carried out special bond purchase operations for a third consecutive day, and as dollar yields too dipped in thin trading on the final working day of the year.
Skip to toolbar