Japanese investors sold foreign bonds at the fastest pace in nearly three months during the week ended July 18 as surging oil prices revived inflation concerns and reinforced expectations of higher global interest rates for longer. They also turned net sellers of foreign equities, while overseas investors trimmed their exposure to Japanese bonds and stocks.

Singapore’s sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hedge funds over three years. GIC is also expanding its exposure to artificial intelligence opportunities across various sectors. This strategic shift follows a period of more conservative investment and softer long-term returns. The fund aims to…

The US Treasury is increasing short-term bill issuance to meet rising funding needs. This strategy aims to rebuild government cash balances and finance seasonal spending requirements. Analysts express concerns about long-term risks from heavy reliance on short-duration debt. Money market funds are absorbing much of this issuance, though demand may face seasonal pressures. This approach…

Manipal Health Enterprises, backed by Temasek and Ranjan Pai, will open its Rs 9,275-crore IPO for subscription on July 29 at a price band of Rs 560-590 per share. The issue comprises a fresh issue of Rs 8,000 crore and an OFS worth Rs 1,275.2 crore. The Bengaluru-based hospital chain is expected to list on…

Indo-MIM’s Rs 3,811-crore IPO was subscribed 1.40 times on day two, driven by NIIs at 3.85 times, with retail fully covered and QIBs yet to bid meaningfully. The MIM component maker is priced at Rs 461-485; the issue closes July 27 and lists July 30.

The Rs 167 crore Xtranet Technologies IPO was subscribed around 1.4 times on the second day of bidding, led by strong retail demand. While the grey market premium has eased from earlier levels, it still indicates a potential listing gain of over 6%, with the issue set to close on July 27.

Manipal Health Enterprises will use over three-fourths of its Rs 8,000 crore fresh IPO proceeds to repay acquisition-related debt and fund an additional stake purchase in Sahyadri Hospitals. The issue reflects a balance-sheet reset after an aggressive expansion strategy that significantly increased debt while expanding its hospital network.

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Indian stock markets experienced sharp losses for a fifth straight session on Friday. Sensex and Nifty indices saw significant drops, reflecting investor concerns. Oil prices exceeding $100 per barrel and FII selling fueled the downturn. Broader markets and specific sectors also registered substantial declines. This selloff erased over Rs 3 lakh crore from market capitalization.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…