Stock traders hunt for winners in Asia as Fed’s policy turns
Asian stock pickers are navigating a difficult environment as a slowdown in the US could trigger a recession. Value is being sought in the tech service and consumer discretionary sectors due to regional demand, while South Korea and Taiwan are viewed as more vulnerable to a US downturn. Indian stocks have been bought by global […]
Buffett’s Berkshire posts $35.5 bn profit, buys back more stock
Berkshire Hathaway, led by Warren Buffett, has posted a Q1 profit of $35.5bn, primarily attributed to gains from stocks such as Apple. The results also revealed a faster repurchase of its own stock, amounting to $4.4bn, and the selling of a net $10.4bn of shares. While it pared its investments in some of its stocks, […]
Missed Q4 earnings this week? Here’s a snapshot
From Tata Steel to HDFC, a host of index heavyweight companies have reported fourth-quarter earnings this week. If you have missed tracking the numbers, here is a quick snapshot
7 sectors this Tata MF fund manager is ready to bet on in this market
Indian businesses are continuing to perform well, especially in sectors such as banks, auto, telecom, capital goods and industrials, according to Chandraprakash Padiyar, Senior Fund Manager at Tata Mutual Fund. While there are pockets of lower growth or profit margin impact, Padiar is optimistic about the ongoing strong numbers. The two-wheeler sector faces volume growth […]