Foreign investors and state banks of India have different opinions on prospects of the government bond market of the country with a volume of $ 750 billion, writes Bloomberg. Last quarter, lenders sold India's sovereign bonds for 952 billion rupees ($ 14.7 billion). At the same time, foreign funds increased their investments in India bonds by more than Rs. 422 billion. Two classes of investors...

Introduction of artificial intelligence (AI) can bring the world’s economy an additional $ 15.7 trillion, or 14% of global GDP, by 2030. This is more than the current aggregate volume of economies of China and India in nominal terms, according to a recent study by PwC. Of this amount, $ 6.6 trillion will be spent to increase productivity due to automation of business processes (including use of...

Companies around the world are suffering from consequences of the attack of virus Petya. The world's largest container shipping company A.P. Moller-Maersk completely stopped the work of its computer system to assess the problem’s extent. In addition, among the victims were major technology companies, whose shares are falling. The ransomware Petya, which started spreading in Ukraine, Russia and...

Prices for gold increased by about 8% compared to the same period last year. This is not surprising for Frank Holmes, chief executive officer and chief investment officer of U.S. Global Investors. He sees many reasons why prices can grow further - potentially up to 1.5 thousand per ounce. This will be 20% higher than the current level of about $ 1,250. In fact, a positive outlook for gold is...

According to Moody’s analysts, car component manufacturers will not receive much benefit from the spread of electric vehicles. The reasons for this are increased competition not only among the carmakers themselves, but also with semiconductor manufacturers. According to the agency's forecasts, various types of cars on alternative energy sources can account for up to 15-20% of the entire car...

MSCI, one of the world's largest suppliers of indices, will decide whether to include mainland China's shares in the list. The lists of shares included in the indices forms a basis for the world's largest exchange-traded funds, including iShares MSCI Emerging Market ETF and MSCI ACWI Index ETF. In total, indices are taken into account in products for active and passive investing, in which assets...

Wall Street worries that the US automotive industry is heading towards a recession, reports Reuters on June 22. The hard times for thousands of workers at General Motors plants in the United States have already come. As early as the beginning of the year, on January 20, when GM abolished the third shift at its plant in Lordstown, 1,200 workers lost their jobs, and the cuts will continue. The...

Another change in investment expectations occurred in the global economy. At the beginning of the year it was believed that the turning point in monetary policy was near - instead of super-soft it would become tough. Expectations did not materialize, primarily because of a slowdown in inflation. From the point of view of investment expectations in the global economy, the current situation looks...

Negotiations on Brexit are yet to be started, and Brussels is already preparing to live in a new reality, in which the City of London will be outside the EU. On Tuesday, the European Commission described its plans for the London Eurobond clearing market, which causes envy on the continent. Brussels wants to give EU regulators the authority to check foreign clearing houses. Those of them whose...