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Nestoil-Neconde debt dispute: A credit problem hiding in plain sight
thenationonlineng125d ago

Nestoil-Neconde debt dispute: A credit problem hiding in plain sight

The Supreme Court’s recent decision to reject the appeal filed by Nestoil Limited and Neconde Energy Limited, while ordering the matter back to the Court of Appeal, has once againThe post Nestoil-Neconde debt dispute: A credit problem hiding in plain sight appeared first on The Nation Newspaper.

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Security company gets 10 days to resolve theft allegations
thenationonlineng125d ago

Security company gets 10 days to resolve theft allegations

NGX Regulation Limited has given a 10 working-day ultimatum to a securities company, Global Assets Management Limited, to resolve the allegations of alleged forgery, theft, diversion of proceeds, and possiblyThe post Security company gets 10 days to resolve theft allegations appeared first on The Nation Newspaper.

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Maharashtra signs investment MoUs worth Rs 14.5 lakh crore on first day at WEF
toi125d ago

Maharashtra signs investment MoUs worth Rs 14.5 lakh crore on first day at WEF

Maharashtra has secured a massive Rs 14.5 lakh crore in investment and over 15 lakh jobs through 19 MoUs signed on the first day of the World Economic Forum. Chief Minister Devendra Fadnavis highlighted strong global investor confidence in the state's markets and infrastructure, with significant interest shown in the development of 'third Mumbai'.

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GIFT City: India's Gateway to Global Financial Markets
devdiscourse125d ago

GIFT City: India's Gateway to Global Financial Markets

GIFT City, India's international financial services hub, is being presented as a crucial pathway for global players entering Indian markets and expanding into Asia-Pacific regions, according to Sanjay Kaul, its chief.

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Japan stocks slide as bond yields hit records and Greenland tensions bite
forexlive125d ago

Japan stocks slide as bond yields hit records and Greenland tensions bite

Rising bond yields and fresh trade tensions are cited as dragging Japanese equities lower as investors brace for election-driven volatility.Summary:Nikkei fell for a fourth straight sessionBond yields jumped to record highs on fiscal concernsSnap election call unsettled marketsTrump tariff threats hit global sentimentElection outcome seen as key catalystJapanese equities extended their pullback on Tuesday, with stocks falling for a fourth consecutive session as a sharp rise in domestic bond yields and renewed geopolitical tensions added to investor unease.The Nikkei 225 slipped in early trade, putting the index on course for its longest losing streak in roughly two months. The broader Topix also weakened, reflecting broad-based selling across sectors.Pressure on equities intensified after Japanese government bond yields surged to record highs, following Prime Minister Sanae Takaichi’s formal call for a snap general election on February 8. As part of her campaign platform, Takaichi pledged to suspend the sales tax on food, a move that heightened investor concerns about fiscal discipline and future government borrowing needs. Those concerns quickly fed through to the bond market, lifting yields and undermining equity valuations.External risks compounded the negative tone. With US markets closed for a public holiday, sentiment in Asia tracked losses in Europe overnight after Donald Trump threatened to impose additional tariffs on several European countries unless Washington is allowed to purchase Greenland. The prospect of escalating trade frictions between the US and Europe weighed heavily on global risk appetite and spilled over into Japanese stocks.Reuters cited market strategists warning that rising yields are becoming a key headwind for equities. Nomura Securities strategist Maki Sawada said higher interest rates are likely acting as a drag on stock prices, while tariff threats that hit European markets appear to be spreading into Asia.Looking ahead, Nomura outlined a wide range of election-driven outcomes. A decisive victory for Takaichi’s ruling Liberal Democratic Party could spark a relief rally, while a loss of power would likely trigger a sharp sell-off. A narrow win, meanwhile, may leave equities largely range-bound as investors wait for clearer policy direction. This article was written by Eamonn Sheridan at investinglive.com.

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