© Reuters. JSW Infrastructure, the ports business of JSW Group, is set to launch its initial public offering (IPO) on Monday, September 25. The company, India’s second-largest commercial port, has priced the IPO in a band of ₹113-119 ($1 = ₹83.05) per share and aims to raise ₹2,800 crore ($372…

© Reuters. BlackRock (NYSE:)’s Investment Institute downgraded its outlook on Chinese stocks from overweight to neutral on Monday, September 18, 2023, citing concerns over the country’s property sector and limited policy stimulus. The adjustment was reported by Bloomberg and is also reflective of a broader cut in emerging-market stocks due…

© Shutterstock Asian shares fell today, Tuesday, as investors adopted a cautious stance ahead of the Federal Reserve’s impending decision on interest rates. 225 dropped 1.1% to 33,177.75 in morning trading, while Australia’s lost 0.5% to 7,192.40. South Korea’s Kospi edged down 0.3% to 2,568.12, and Hong Kong’s slipped 0.5%…

© Reuters. Bank of Montreal (TSX:BMO), also known as BMO Financial Group, has announced plans to shutter its indirect retail auto finance business. This decision comes in the wake of escalating bad debt provisions and a desire to reallocate resources, as reported on Monday. The closure is expected to lead…

© Reuters. In the latest development in the ongoing Hollywood strikes, Lionsgate Television has suspended overall and first-look deals with non-writing producers who are not currently providing services due to the WGA and SAG-AFTRA strikes. This move comes as the strikes approach day 140, with negotiations between the Writers Guild…

© Reuters Grocery delivery app Instacart, owned by Maplebear Inc, has successfully priced its initial public offering (IPO) at the top of its indicated range, achieving a fully diluted valuation of $9.9 billion. The shares are set to start trading on NASDAQ on Tuesday. The IPO raised $660 million, with…

© Reuters. India’s largest commercial vehicle maker, Tata Motors (NYSE:), announced on Monday that it will be increasing the price of its commercial vehicles by up to 3% effective from October 1, 2023. The company stated in a regulatory filing that the price hike is intended to offset the residual…

© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect On Tuesday, South Korean stocks opened slightly higher as investors approached with caution ahead of the U.S. Federal Reserve’s rate-setting meeting scheduled for later this week. The benchmark Korea Composite Stock Price Index () added 2.56 points, or 0.1 percent, to…

© Reuters. Investing.com – European stock markets traded in a mixed fashion Tuesday, as investors await the start of the crucial two-day U.S. Federal Reserve policy meeting as well as the release of more inflation data from the eurozone. At 03:50 ET (07:50 GMT), the  index in Germany traded 0.1%…

© Reuters. The Australian shares were set to open lower today, while the U.S. stocks remained largely unchanged with a heightened focus on the outlook for interest rates. ASX futures dipped by 21 points or 0.3% to 7214 around 7 am AEST. On Wall Street, the , , and Nasdaq…