Foreigners Get Nod to Invest in Limited Liability Partnerships
The government has fast-tracked a proposal to allow foreigners to invest in limited liability partnerships, benefiting sectors such manufacturing, IT, hospitality, and consultancy, where this structure is preferred by investors.
Commodities Feel Tokyo Tremors
Commodity prices in India dropped in line with global markets, which fell for fifth successive day. Jittery traders moved out of agri commodities to safe-haven bullion, which edged up in Asia on Wednesday, report
Brent crude rallied above $111 a barrel in London, gaining for the first time in five days, and copper increased. The MSCI World Index of stocks climbed 0.5% at 11:46 am in London. The Nikkei 225 surged 5.7%, recovering from its biggest two-day drop since 1987, and futures on the Standard & Poor’s 500 Index reversed earlier gains. The euro weakened 0.4% to $1.3945. The yield on the 10-year Portuguese bond increased 3 basis points to 7.44%
The government has fast-tracked a proposal to allow foreigners to invest in limited liability partnerships, benefiting sectors such manufacturing, IT, hospitality, and consultancy, where this structure is preferred by investors.
Commodities Feel Tokyo Tremors
Commodity prices in India dropped in line with global markets, which fell for fifth successive day. Jittery traders moved out of agri commodities to safe-haven bullion, which edged up in Asia on Wednesday, report
Brent crude rallied above $111 a barrel in London, gaining for the first time in five days, and copper increased. The MSCI World Index of stocks climbed 0.5% at 11:46 am in London. The Nikkei 225 surged 5.7%, recovering from its biggest two-day drop since 1987, and futures on the Standard & Poor’s 500 Index reversed earlier gains. The euro weakened 0.4% to $1.3945. The yield on the 10-year Portuguese bond increased 3 basis points to 7.44%
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