India’s suspension of equities and currency trading reminded global investors of its frontier economy status, despite its growing equity market value and aspirations to be a market-friendly nation. The closure of the stock market for the inauguration of a Hindu temple on Monday, announced with short notice, disrupted trading and drew mixed reactions on social media. While some believe it will have minimal impact on India’s standing among investors, others express concern about the lack of communication and potential disruptions to algo trading.
Global Market: Amazon diversifies debt funding with first Sterling bond offering
Amazon has launched its first sterling-denominated bond sale, with four maturities ranging from three to 19 years, as hyperscalers diversify funding sources to finance heavy