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Asian stocks edged higher as investors awaited the Federal Reserve's final interest-rate decision of the year, with a third consecutive cut anticipated. Traders will closely monitor the Fed's dot plot and projections for signals on future policy, while the yen strengthened on potential Bank of Japan rate hikes.
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News and Media
Park Medi World plans a 770 crore IPO to repay debt and fund expansion, with its promoter stake to decrease. Despite a marginal dip in margins and average length of stay, the hospital chain maintains profitability above peers. However, geographic concentration and lower average revenue per occupied bed present potential risks for investors.
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News and Media
The Securities & Exchange Board of India (Sebi) has been empowered by the government to order social media platforms to remove unlawful stock-related content. This directive, issued by the finance ministry, aims to combat misleading information spread by financial influencers and other entities. The move addresses the growing concern over content scrutiny as millions invest in the stock market.
Category:
News and Media
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