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Pimco sticks to Danish mortgage-backed covered bonds as returns plunge: Bloomberg

Pacific Investment Management Co is one of the investors embracing Danish mortgage-backed covered bonds, even as negative interest rates mean investors face built-in losses on some bonds, Bloomberg reported on Sunday.

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Trump regrets not raising tariffs on China higher, White House says

President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the White House said on Sunday, even as Trump signaled he did not plan to follow through with a demand that U.S. firms find ways to close operations in China.

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Tensions rise among Trump, Western allies at G7 summit over trade war, Iran

The G7 gathering is taking place against a backdrop of worries about a global economic downturn and coincides with an era of international disunity across an array of matters

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Smartphones beat slowdown as sales up 10%; Xiaomi tops Indian market

According to analysts, one of the key factors that differentiates smartphones from other products is their expose to the e-commerce market

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Jet Airways crisis: Lenders to discuss bids, interim funding on Monday

The resolution professional had earlier received EoIs from Panama-based Avantulo Group and a Russian fund Treasury Creator

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Jet Airways crisis: Lenders to discuss bids, interim funding on Monday

The resolution professional had earlier received EoIs from Panama-based Avantulo Group and a Russian fund Treasury Creator

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RBI board meeting on Monday to consider Bimal Jalan committee report

Jalan committee has recommended transferring the RBI’s surplus reserves to the government in a staggered manner over three-five years.

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No ready spark seen for lagging U.S. energy shares

There may be little relief on the horizon for investors in U.S. energy companies, whose shares moved from darlings to dismal performers during Wall Street’s record bull run and now face a shaky global economy, doubts about fossil fuel investments and general market skepticism.

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Former finance minister Arun Jaitely cremated with State honours

The 66-year-old BJP stalwart passed away at the AIIMS here on Saturday

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Britain’s Cuadrilla says ‘micro seismic event’ occurred at fracking site near Blackpool

British shale gas company Cuadrilla Resources said a tremor measuring 2.1 ML on the Richter scale was recorded at the company’s shale gas exploration site late on Saturday.

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