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Fund Managers Bet on Bank, Consumer Stocks After India Rate Cuts

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Money managers are betting Indian banking and consumption stocks have further to run this year, benefiting from the central bank’s aggressive policy rate cuts to lift economic growth.



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Funding & Business

Stonepeak Is Said in Talks to Invest in Warburg-Backed Princeton

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Stonepeak Partners is in talks to invest in data center operator Princeton Digital Group, people familiar with the matter said, as the US infrastructure investor seeks to build up its presence in Asia Pacific.



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Funding & Business

China’s Huayou Cobalt Sees Record Profit Boosted by Indonesia

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China’s Zhejiang Huayou Cobalt Co. Ltd expects to report record half-year earnings, as it ramps up nickel projects in Indonesia and enjoys the tailwind from rising cobalt prices.



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Funding & Business

Iron Ore Seesaws as Traders Assess Trump’s Tariff Announcements

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Iron ore fluctuated as US President Donald Trump signaled he was open to more negotiations after he unveiled his first wave of letters threatening to impose higher tariffs.



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