Indian central bank steps up offshore FX defence to shield rupee

Indian central bank steps up offshore FX defence to shield rupee

[ad_1] The local currency’s one-month volatility against the US dollar has fallen sharply this month [NEW YORK] India’s central bank has ramped up its interventions in offshore currency markets to defend the beleaguered rupee, according to sources familiar with the development. The Reserve Bank of India (RBI) has built up short US dollar positions of…

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Felix Kammerer Teases 8-Month ‘Break’ Tennis Training Process For WWII-Era Movie: “Never Held A Tennis Racquet Before”

Felix Kammerer Teases 8-Month ‘Break’ Tennis Training Process For WWII-Era Movie: “Never Held A Tennis Racquet Before”

[ad_1] Following his WWI drama All Quiet on the Western Front, Felix Kammerer‘s next starring role takes him to Nazi-occupied Germany At Monday’s Los Angeles premiere of Guillermo del Toro‘s Frankenstein, debuting Oct. 17 in select theaters and Nov. 7 on Netflix, the actor revealed to Deadline that he’s already begun training for his upcoming…

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Netflix Co-Chief Greg Peters Says Warner Bros. Discovery Acquisition Bid Is Unlikely: “Big Media Mergers Don’t Have A Great Track Record”

Netflix Co-Chief Greg Peters Says Warner Bros. Discovery Acquisition Bid Is Unlikely: “Big Media Mergers Don’t Have A Great Track Record”

[ad_1] Netflix Co-CEO Greg Peters heavily downplayed recent speculation that the streaming giant could be interested in bidding on Warner Bros. Discovery. “We come from a deep heritage of being builders rather than buyers,” the exec said during the Bloomberg Screentime conference in Los Angeles. “One should have a reasonable amount of skepticism around big…

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Top Singapore fund Lion Global wins with ‘forgotten’ small-caps

Top Singapore fund Lion Global wins with ‘forgotten’ small-caps

[ad_1] The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well [SINGAPORE] Lion Global Investors’ strategy of investing in the shares of small and medium-sized Singaporean companies has made it one of the best performers in the city-state. The company likes construction and technology shares, some non-bank financial…

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China stocks rise post-break as AI buzz outshines tepid spending

China stocks rise post-break as AI buzz outshines tepid spending

[ad_1] Traders are now turning their attention to policy signals ahead of the Communist Party’s Oct 20 to 23 meeting, where the blueprint for the 15th five-year plan will be outlined [HONG KONG] China’s stock market opened higher on Thursday (Oct 9) after a weeklong break, as investors opted to focus on artificial intelligence (AI)-driven…

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Newsom Rips Trump Over Lack Of Federal Aid For L.A. Fire Vicitms: “He Is Abandoning Americans”

Newsom Rips Trump Over Lack Of Federal Aid For L.A. Fire Vicitms: “He Is Abandoning Americans”

[ad_1] Just hours after praising the U.S. Department of Justice and the Bureau of Alcohol, Tobacco, Firearms and Explosives for their work in apprehending a man suspected of starting what eventually became the Palisades Fire, Gavin Newsom called out President Donald Trump and Congress for not providing enough federal disaster aid to those impacted. “We need…

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