Factor Update, May 25, 2024

SHANGHAI/BEIJING (Reuters) – Major state-owned banks were buying dollars in China’s onshore foreign exchange market on Friday to slow down a rising yuan, four people with knowledge of the matter said. The banks’ actions come as the yuan strengthened to an eight-month high of 7.0895 per dollar, breaking chart resistance at 7.1 and erasing year-to-date…

Source : Investor Presentation of Indiamart Intermesh Ltd Source link

Some stuff I am reading today morning: Tesla’s Model Y debuts in India (CNBC) M&M is now India’s second largest car maker ( BT) Whistleblower’s ordeal exposes SEBI (BW) Company: Godavari Biorefineries (BI) Why the F&O casion must thrive (ML) Revenue in Web3 (Decentralised) Interview with Jeffrey Sherman (The Market) Knowing our boundaries (2Point2 Capital)…