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State-Level Bankers' Meet On August 23: PK Gupta, SBI

State-Level Bankers' Meet On August 23: PK Gupta, SBI

Explaining the rationale behind the conclave held across nation, PK Gupta, Managing Director at State Bank of India (SBI), said the intention was to review the performance of the bank on various parameters. He said state-level bankers' meeting to ...
BTVI
Over 190 Primary Schools In Srinagar To Re-Open Today: Official

Over 190 Primary Schools In Srinagar To Re-Open Today: Official

The Jammu and Kashmir administration on Sunday said that over 190 primary schools will re-open on Monday in Srinagar, besides restoring "full functionality" of government offices across Kashmir valley. "We have a plan of reopening over 190 primary...
2mins
NDTV
Sovereign Bonds Offer Protection for Investors, Says QIC's Morris

Sovereign Bonds Offer Protection for Investors, Says QIC's Morris

Beverley Morris, head of rates and inflation, portfolio manager for fixed income funds at QIC, discusses the bond markets and what would get bond investors to worry.
Bloomberg
Economic Revival Package Under Works

Economic Revival Package Under Works

The government is preparing an economic revival package and it is likely to be announced after finance minister Nirmala Sitharaman's meeting with the industry and tax authorities of several states in the next two weeks, according to sources. The p...
BTVI
Banks To Restructure DHFL Loan; To Own Majority Stake

Banks To Restructure DHFL Loan; To Own Majority Stake

The lenders to cash-strapped Dewan Housing Finance Corporation (DHFL) have decided to restructure term loan for its retail books, according to sources. The banks will give incremental loan to DHFL, in the range of Rs 10,000-18,000 crore, for whole...
BTVI
Expect Crude To Trade In Range Of $54-56/bbl: Peter McGuire

Expect Crude To Trade In Range Of $54-56/bbl: Peter McGuire

Speaking on the global cues, Peter McGuire, CEO, XM.com/au, said he expect crude to trade in range of $54-56/bbl. He is currently long on gold, and said the yellow metal is still to see high levels. Here's more.
BTVI
HK-APEC Trade Policy Group's Dodwell on Protest, U.S.-China Spat

HK-APEC Trade Policy Group's Dodwell on Protest, U.S.-China Spat

David Dodwell, executive director at think tank Hong Kong-APEC Trade Policy Group, talks about the protests rocking the city, and the trade war between the U.S. and China.
Bloomberg
Bluescope Steel's CEO Sees Asean Region as Terrific Long-Term Growth Proposition

Bluescope Steel's CEO Sees Asean Region as Terrific Long-Term Growth Proposition

Mark Vassella, managing director and chief executive officer at Bluescope Steel, discusses first-half earnings, guidance for 2H, expansion of their North Star project in Ohio, what the steel market is telling him about the health of the global eco...
Bloomberg
BlueScope shares drop on US expansion news: ASX tracking 0.8% higher at noon

BlueScope shares drop on US expansion news: ASX tracking 0.8% higher at noon

19 Aug 2019 - The ASX shot up at the open following on from positive leads from Wall St and is now tracking 0.8% higher at noon. Construction firm Lendlease (ASX:LLC) saw their shares to rise almost 10% despite reporting a 41% drop in annual profi...
Finance News Network
Maharashtra Leader Raj Thackeray Summoned Over Probe Into IL&FS Crisis

Maharashtra Leader Raj Thackeray Summoned Over Probe Into IL&FS Crisis

Firebrand Maharashtra politician Raj Thackeray has been summoned in connection with a case linked to the collapse of shadow bank Infrastructure Leasing & Financial Services (IL&FS) late last year by the Enforcement Directorate.
21secs
NDTV
Newcrest Mining CEO Says the Americas Are a 'Target Zone'

Newcrest Mining CEO Says the Americas Are a 'Target Zone'

Sandeep Biswas, chief executive officer of Newcrest Mining Ltd., talks about the company's projects and business outlook. Australia's biggest gold producer reported annual earnings jumped 22% on higher output as it flagged a management shuffle and...
Bloomberg
Stay Long China Duration Near-Term, Says JPMorgan's Pang

Stay Long China Duration Near-Term, Says JPMorgan's Pang

Jason Pang, portfolio manager for Asia fixed income at JPMorgan Asset Management, discusses China's new reference rate for bank loans and what it means for the fixed income market.
Bloomberg
Hong Kong Economy Would Need a Much Bigger Stimulus: Natixis

Hong Kong Economy Would Need a Much Bigger Stimulus: Natixis

Alicia Garcia Herrero, chief economist of Asia Pacific at Natixis SA, talks about the Hong Kong economy and the stimulus package announced by the government. Hong Kong's economy contracted more than originally estimated in the second quarter as br...
Bloomberg
Singapore Must Stay Independent in U.S.-China Conflict: PM Lee

Singapore Must Stay Independent in U.S.-China Conflict: PM Lee

Singapore Prime Minister Lee Hsien Loong is shaking things up as he prepares to pass on power to a new generation. During his annual National Day rally speech Lee said the city-state must stay independent in the conflict between its two biggest tr...
Bloomberg
Rain Fury Kills 24 In Himachal Pradesh, Delhi On Flood Alert

Rain Fury Kills 24 In Himachal Pradesh, Delhi On Flood Alert

Heavy rain pummelled several parts of North India on Sunday, leaving at least 28 people dead and 22 missing in Himachal Pradesh, Uttarakhand and Punjab. A flood alert was issued in parts of Delhi, Haryana, Punjab and Uttar Pradesh as the Yamuna an...
3mins
NDTV
China's Revamped Rate Setting

China's Revamped Rate Setting

China's central bank said it'll start releasing a new reference rate for bank loans, a further step in a long-awaited reform to interest rates that's set to bring lower borrowing costs to the country.
Bloomberg
"I was too exhausted to celebrate" Medvedev after claiming Cincinnati title

"I was too exhausted to celebrate" Medvedev after claiming Cincinnati title

"I was too exhausted to celebrate" said Daniil Medvedev after claiming his maiden Masters 1000 title with a 7-6 (3), 6-4 victory over David Goffin in Cincinnati on Sunday.
1min
SNTV
Top 10 world ranking delights Keys after Cincinnati Open win

Top 10 world ranking delights Keys after Cincinnati Open win

Reaction from Madison Keys after the American defeated Svetlana Kuznetsova 7-5, 7-6 (5) to claim the most prestigious tournament of her career on Sunday, the Cincinnati Open in Ohio.
1min
SNTV
Ridley Corporation appoint new CEO and MD

Ridley Corporation appoint new CEO and MD

19 Aug 2019 - Animal nutrition solutions Ridley Corporation (ASX:RIC) has appointed Quinton Hildebrand as its new Chief Executive Officer and Managing Director (CEO).
Finance News Network
MACA gains two new civil contracts

MACA gains two new civil contracts

19 Aug 2019 - Services contractor MACA (ASX:MLD) is pleased to announce the award of a Construct Only contract with Main Roads Western Australia for Stage 3 of the Karratha / Tom Price Road.
Finance News Network
Hong Kong Resets Democracy Push With Peaceful Mass March

Hong Kong Resets Democracy Push With Peaceful Mass March

Tens of thousands of Hong Kong protesters defied heavy rain to march for an 11th straight weekend, as more moderate leaders sought to reset the pro-democracy movement after violent scenes at the airport last week threatened to sap support among th...
Bloomberg
Bond Market Is Pushing on a String, Says Arena Management's CEO

Bond Market Is Pushing on a String, Says Arena Management's CEO

Dan Zwirn, chief executive officer and chief investment officer at Arena Management, discusses which assets he thinks are poised for a correction, the bond market, falling business investment, Fed policy, where he's seeing opportunity and his outl...
Bloomberg
Former Louisiana Gov. Kathleen Blanco has died

Former Louisiana Gov. Kathleen Blanco has died

Former Louisiana Gov. Kathleen Blanco, who had entered hospice care for incurable cancer has died.
Associated Press
This is one of LA's cheesiest deep-dish pizza

This is one of LA's cheesiest deep-dish pizza

Rance's Chicago Pizza is bringing deep dish to LA. We went to try it out to see how it compares to other Chicago-style pizzas.
3mins
Business Insider
Trade Tensions Putting Downward Pressure on Japan Exports, Says Continuum Economics's Lu

Trade Tensions Putting Downward Pressure on Japan Exports, Says Continuum Economics's Lu

Jessie Lu, economist at Continuum Economics, discusses Japan's July trade data and what it means for the economy.
Bloomberg
CFMoto Bikes: First Look

CFMoto Bikes: First Look

China's CFMoto has finally begun its India operations with Bengaluru-based AMW Motorcycles. The company has launched four new bikes in India - 300NK, 650NK, 650MT, and 650GT, priced from Rs 2.29 lakh - 5.49 lakh (ex-showroom).
2mins
NDTV
Steve Smith injury update from Australia captain Tim Paine

Steve Smith injury update from Australia captain Tim Paine

Australia defied the absence of star batsman Steve Smith because of a concussion and more devastating spells of pace bowling by Jofra Archer to hold out for a draw in the second Ashes Test against England on Sunday. Set an improbable victory targe...
1min
SNTV
Lendlease profit slides 41%

Lendlease profit slides 41%

19 Aug 2019 - Construction firm Lendlease Group (ASX:LLC) report a 41 per cent drop in annual profit after tax from $793 million last year to this year's $467 million for the year ended June 30.
Finance News Network
Beach Energy see NPAT at a record high

Beach Energy see NPAT at a record high

19 Aug 2019 - Beach Energy (ASX:BPT) released its FY19 Full Year results today showing their underlying NPAT was up 86 per cent to a company-record $560 million.
Finance News Network
'Archer makes things happen' - Root on England's bowler

'Archer makes things happen' - Root on England's bowler

Australia defied the absence of star batsman Steve Smith because of a concussion and more devastating spells of pace bowling by Jofra Archer to hold out for a draw in the second Ashes Test against England on Sunday. Set an improbable victory targe...
1min
SNTV
Cathay Pacific's Long Term Outlook Is Pretty Bright, Says Capa Centre's Sobie

Cathay Pacific's Long Term Outlook Is Pretty Bright, Says Capa Centre's Sobie

Brendan Sobie, chief analyst at Capa Centre for Aviation, discusses the changes at the top of Cathay Pacific as a result of the protests in Hong Kong and what this means for the company moving forward.
Bloomberg
Root says Smith plan will be in place if he recovers for next Ashes Test

Root says Smith plan will be in place if he recovers for next Ashes Test

Australia defied the absence of star batsman Steve Smith because of a concussion and more devastating spells of pace bowling by Jofra Archer to hold out for a draw in the second Ashes Test against England on Sunday. Set an improbable victory targe...
1min
SNTV
Facebook, Alibaba Favored, Antipodes Partners' Bangia Says

Facebook, Alibaba Favored, Antipodes Partners' Bangia Says

Sunny Bangia, deputy portfolio manager at Antipodes Partners, talks about Asian and U.S. stocks, corporate earnings and his investment strategy.
Bloomberg
Clear and Credible Message From Powell Is Crucial This Week, Says UBS's Anderson

Clear and Credible Message From Powell Is Crucial This Week, Says UBS's Anderson

Anne Anderson, head of fixed income at UBS Asset Management Australia, discusses negative yielding bonds and Federal Reserve communication.
Bloomberg
DoggyCon: pop culture convention for furry friends

DoggyCon: pop culture convention for furry friends

Doggy Con drew hundreds of dog owners and spectators Saturday to an Atlanta park for their own small cosplay convention, dressing up like fictional characters from video games, movies and other corners of the pop culture universe.
1min
Associated Press
'Neymar even on one leg is incredible' - Silva hopes PSG star stays at the club

'Neymar even on one leg is incredible' - Silva hopes PSG star stays at the club

PSG captain Thiago Silva said on Sunday he hoped Neymar will stay at the club. The Brazilian striker has been linked with a move back to his former club Barcelona - and uncertainty over his future has seen him left out of the French champions squa...
1min
SNTV
Reliance awards Worley a PMC services contract

Reliance awards Worley a PMC services contract

19 Aug 2019 - INTECSEA Inc, a wholly owned subsidiary of Worley Parsons (ASX:WOR), has been awarded a project management consultancy contract by Reliance Industries for the MJ Field deep-water gas and condensate project.
Finance News Network
BlueScope Steel delivers $1b NPAT

BlueScope Steel delivers $1b NPAT

19 Aug 2019 - BlueScope (ASX:BSL) reported a FY2019 net profit after tax (NPAT) of $1 billion, and an underlying NPAT of $966.3 million, that's up 17 per cent on FY2018.
Finance News Network
Brilliant jinking run for Utrecht goal before Feyenoord salavaged 1-1 draw

Brilliant jinking run for Utrecht goal before Feyenoord salavaged 1-1 draw

Utrecht held Feyenoord 1-1 for their third consecutive draw of the season in Dutch Eredivisie on Sunday, with coach Jaap Stam's team looking for their first win of the season in the competition. Issah Abass broke the deadlock in the first half, w...
1min
SNTV
Reported Man Utd target Bergwijn scores in PSV 2-0 away win

Reported Man Utd target Bergwijn scores in PSV 2-0 away win

PSV defeated Heracles away by 2-0 in Round 3 of the Dutch Eredivisie on Sunday. Steven Bergwijn opened the score in the 16th minute and Mohammed Ihattaren made it 2-0 in the second half assisted by Navajo Bakboord. After three games, PSV remain ...
1min
SNTV
Olaf Falafel wins 2019 Edinburgh Fringe Festival joke of the year

Olaf Falafel wins 2019 Edinburgh Fringe Festival joke of the year

Comedian and children's book writer Olaf Falafel is awarded Dave's top prize for the 2019 Edinburgh Fringe Festival joke of the year. Swedish comedian Falafel has previously come close to clinching the winning joke, but this year's effort sealed ...
Press Association
Olaf Falafel wins Edinburgh Festival Fringe joke of the year

Olaf Falafel wins Edinburgh Festival Fringe joke of the year

Comedian and children's book writer Olaf Falafel is awarded Dave's top prize for the 2019 Edinburgh Festival Fringe joke of the year. The Swedish comedian has previously come close to clinching the prize, but this year's effort sealed victory. H...
Press Association
Why Argentina's Macri flopped with young voters

Why Argentina's Macri flopped with young voters

Greater numbers of youth are casting their ballots for Argentine President Mauricio Macri's left-leaning opponent, Alberto Fernandez who has former President Cristina Fernandez de Kirchner as his running mate. Jillian Kitchener has more.
2mins
Reuters
Trump Says U.S. `Talking' With China

Trump Says U.S. `Talking' With China

President Donald Trump said the U.S. is "doing very well with China, and talking!" in a Twitter message sent hours after Larry Kudlow, his top economic adviser, laid out a potential timeline for the resumption of substantive trade talks with Beiji...
Bloomberg
A positive start to the week for Asian markets: ASX set to open higher

A positive start to the week for Asian markets: ASX set to open higher

19 Aug 2019 - Following positive leads from US markets, the Australian share market looks set to open higher this morning. US stocks saw a rebound on Friday despite a rollercoaster week. Investors were bolstered by talk of a German economic stimul...
Finance News Network
Joe Root: Archer adds a different dynamic to England

Joe Root: Archer adds a different dynamic to England

Joe Root said Jofra Archer adds a different dynamic to England after the 24-year-old made his Ashes debut. England drew the second Ashes test against Australia at Lords.
1min
Press Association
Federal leaders walk in Montreal's pride parade

Federal leaders walk in Montreal's pride parade

Prime Minister Justin Trudeau walks in Montreal's pride parade alongside NDP Leader Jagmeet Singh and the Green Party's Elizabeth May. Quebec Premier Francois Legault also attended the colourful celebration of LGBTQ culture.
1min
Canadian Press
Maxime Bernier tells party faithful he will make it into the leaders' debates

Maxime Bernier tells party faithful he will make it into the leaders' debates

Maxime Bernier tells People's Party of Canada candidates and supporters he is confident he will make it into the official leaders' debates this election. Bernier says excluding his voice will lead to a superficial debate because the other party le...
2mins
Canadian Press