Index funds seek relief on Yes Bank lock-in

Passively-managed equity schemes — Index funds and Exchange Traded Funds (ETFs) — mirroring the Nifty, could end up underperforming the benchmark due to...

US Fed slashes rates to near zero to cushion coronavirus blow

WASHINGTON: The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the coronavirus...

LGIM to launch its first fossil fuel-free pension fund after pressure

The UK’s biggest fund manager has bowed to client pressure and agreed to launch its first fossil fuel-free ethical pension fund later this...

SoftBank unveils $4.8 billion buyback after stock tumble, Elliott backs move

TOKYO (Reuters) - SoftBank Group Corp (9984.T) is buying back up to $4.8 billion of its shares after their recent slump, a move...

SoftBank unveils $4.8 billion buyback after stock tumble, pressure from Elliott

TOKYO (Reuters) - SoftBank Group Corp (9984.T) is buying back up to $4.8 billion of its shares after their recent slump, a move...

Shareholders pick holes in Europe's bank safety blanket

LONDON/FRANKFURT (Reuters) - The euro zone followed Britain on Thursday with measures to support banks hit by the coronavirus pandemic but it offered...