Companies in Europe and Japan are attractive targets for U.S. shareholder activists seeking higher investment returns and less competition among funds that have shaken up the U.S. corporate sector.
Fed Vice Chairman Stanley Fischer said US inflation would likely rebound as pressure from dollar fades, allowing the Fed to raise interest rates gradually.
The zigzagging fortunes of emerging markets reveal the pitfalls of chasing the hot new thing, and how the best time to buy may be precisely when everyone else is selling.
European shares suffered their worst monthly performance in four years, as concerns over a Chinese economic slowdown and a possible US interest rate rise hit the region's stock markets.
Financial Technologies today said it has sold all rights of its technology platform used to run operations of a power bourse to Indian Energy Exchange (IEX) for Rs 108 crore.