PayTM Shutdown Stuns Markets

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🇮🇳 🇮🇳 India’s banking regulator stunned the finance and tech industries by abruptly suspending much of digital giant Paytm’s business late Wednesday
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Biden Supporters Listen Up

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🇺🇸 🇺🇸 Blackstone CEO: US is not prepared for four more years of biden
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EURUSD Falls To Seven-Week Lows

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🇪🇺 🇪🇺 EUR/USD falls to fresh seven-week lows as dollar keeps firmer post-Fed
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Royal Dutch Shell Profit Beats

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🚨 🚨 Oil giant Shell posts full-year profit beat, announces $3.5 billion share buyback
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ESG: Japan Investors Pull Out $4.5 Billion

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🌱 ☀️ Japanese Investors pulled a total of 660 billion yen ($4.5 billion) from funds last year, according to the research firm Morningstar. That’s more than four times the outflows of 150 billion yen in 2022
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Alibaba Trims The Fat Further

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🇨🇳 🇨🇳 BREAKING: Alibaba Group Holding Ltd. is considering selling its InTime department store arm, suggesting the Chinese internet company is rethinking a years-old ambition of dominating physical and online retail as it undergoes a broad restructuring
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RBA Rate Cut Only In Late 2024

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🇦🇺 🇦🇺 Australia’s central bank will only begin cutting interest rates in late-2024 as prices are likely to remain sticky for some time yet, said Alex Joiner, chief economist at one of the nation’s biggest asset managers, a day after softer-than expected inflation bolstered bets on policy easing
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Bain Capital To Invest $7 Billion In India

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🇮🇳 🇮🇳 Bain Capital has earmarked $7 billion to invest in India over the next three to five years as the country’s relatively steady politics and economic growth lift its attractiveness for overseas money managers
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Disney Sells Off 60% Of India Unit

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🇮🇳 🇮🇳 Disney Reaches Agreement To Sell 60% Of Its India Unit To Viacom18, Business Valued At $3.9 Bln. Deal Expected To Close In February
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