US elections

Bezos Comments on Trump's 2024 Presidential Win

Thu, Nov 07, 2024

In this video, Jeff Bezos comments on Donald Trump’s victory in the 2024 U.S. presidential election, calling it an "extraordinary" political comeback. Bezos reflects on the significance of Trump’s win and its potential impact on the future of American politics. The video also explores the broader context of the election, including key issues and the political landscape surrounding the election results.

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Indian-American Congressman Shri Thanedar supports Kamala Harris for President

Mon, Jul 22, 2024

Indian-American Congressman Shri Thanedar has announced his support for Kamala Harris in the 2024 U.S. Presidential election. His endorsement adds a significant boost to Harris's campaign as she seeks the Democratic nomination.

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Joe Biden Ends his Reelection Bid, Endorses Vice President Kamala Harris as the Democratic Nominee

Mon, Jul 22, 2024

U.S. President Joe Biden ended his reelection campaign on July 20 as a major setback to the Democrats. The decision came after fellow Democrats lost faith in his mental acuity and ability to beat Donald Trump. Taking to X, US President Joe Biden endorsed her support for Vice President Kamala Harris as the nominee for the Democrats. Biden’s move cleared the way for Harris to run at the top of the ticket, the first Black woman to do so in the country's history.

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Indian Rupee's tumble not surprising, says Sue Trinh

Thu, Nov 24, 2016

While another Sue Trinh, head of Asia FX strategy at RBC Capital Markets was quoted  by Bloomberg as saying that INR tumble is unsurprising and is not a sign of panic as losses are due largely to stronger dollar.

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Rupee dives to near three-year lows as Trump, demonetisation weigh heavy

Wed, Nov 23, 2016

Suresh Sadagopan, Founder of Ladder7 Financial Advisors said, “There is a flight of dollars away from Indian markets & hence dollars are strengthening. This is partly due to the fact that US interest rate is expected to move up and money from across the world may move into US investments.”

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Asia stocks at 1-week highs on U.S. gains; oil up

Tue, Nov 22, 2016

Asian stocks struck one-week highs with investors undeterred by a powerful earthquake in Japan on Tuesday, but after Wall Street closed at a record peak they were also wary of chasing prices higher until President-elect Donald Trump picks his economic team.

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Asian shares on the defensive as U.S. yields, dollar rise

Mon, Nov 21, 2016

"Next week, we have events that would make investors more sober, such as OPEC meeting and Italian referendum. By then this Trump-inspired market may come to an end for now," said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.

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Market review: Equities plunge as foreign investors take flight on demonetisation

Sat, Nov 19, 2016

Massive outflow of foreign funds, along with rupee depreciation and political bickering over the government`s recent demonetisation move, plunged the key Indian equity markets by around 2.50 % during the just-concluded week.

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Brand America: No more the promised land with Trump as President

Fri, Nov 11, 2016

If Trump wins, claimed Joe Biden, in his pre- election talk, that it would be the 'dumbing' down of Brand America. 

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Asia shares rebound as Donald Trump turnaround 'astonishes'

Thu, Nov 10, 2016

Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump`s presidential victory, dumping safe-havens for the tempting returns of risk assets.

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Indian IT sector slumps as fears of Donald Trump's victory comes true

Wed, Nov 09, 2016

As Republican Nominee Donald Trump was elected as the 45th US President, Indian IT stocks reacted adversely as it meant more uncertain times for the sector is closely connected with the US market.

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Indian market regain losses; Pharma stock cheers on Trump win

Wed, Nov 09, 2016

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Global stocks, dollar subdued with investors cautious on US election outcome

Tue, Nov 08, 2016

Trade was largely driven by cautious expectations of a win for Democrat Hillary Clinton, but some sharp swings in recent days across all asset classes meant big bets were relatively thin on the ground as Americans started voting.

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What would a Hillary Clinton win mean for Indian Pharma?

Mon, Nov 07, 2016

The global generics sector saw a significant de-rating in YTD (year-to-date) in the  CY2016 with 1-year forward P/E (price over equity)  contracting by 34%, with the past one month itself witnessing an 11%.

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Sensex rises as Clinton's chances brighten

Mon, Nov 07, 2016

Investors had been unnerved by signs of a tightening presidential race between Clinton and Republican candidate Donald Trump, whose stance on foreign policy, trade and immigration are seen as less predictable by financial markets.

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Global cues depress Indian equity markets

Sat, Nov 05, 2016

The negative global sentiments dragged the key domestic indices lower -- by more than 2% each -- even as positive domestic cues such as the Goods and Services Tax (GST) Council`s consensus on the rate slabs and healthy macro-data failed to uplift investors` sentiments.

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Pharma stocks fall sharply as US drug pricing investigation nears completion

Fri, Nov 04, 2016

Media reports suggest that the US Congress investigation into price hikes, that began in October 2014, may be nearing completion, culminating into charges of price collusion against companies / individuals by the year end. 

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Millennials swipe right on Hillary Clinton for US President

Wed, Nov 02, 2016

 In the US 57% of users matched with Hillary Clinton and 43% matched with Donald Trump, based on the issues alone

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Trump fears: Foreign investors cut India holding by over R 12,000 crore

Wed, Nov 02, 2016

K Sandeep Nayak, ED & CEO- Centrum Broking said, "Reasons we see behind such a move are (a) profit booking given the rise in the Indian equity markets in the last few months (b) reducing exposure in emerging markets before the upcoming US elections and the impending rate hike by the US Fed which is expected by December.

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Rupee makes a weak start, slips 9 paise against dollar

Wed, Nov 02, 2016

The rupee on Wednesday got off to a bumpy start as it depreciated 9 paise to 66.80 against the US dollar after demand for the American currency from importers went up. Forex dealers said fresh demand for the US unit and a weak opening of the domestic equity market weighed on the rupee.

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Asian shares, dollar rattled by US election uncertainty

Wed, Nov 02, 2016

Asian shares stumbled and the US dollar was on the defensive on Wednesday as signs that Republican US presidential candidate Donald Trump could be closing the gap with his Democratic rival Hillary Clinton spooked investors.

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Gold steady as market focus turns to U.S. Fed meeting

Mon, Oct 31, 2016

Gold held steady early Monday amid a firm dollar and weaker equities following a 0.6 % gain in the previous session, with markets eyeing the upcoming Federal Reserve meeting for insight on the timing of a U.S. interest rate hike. FUNDAMENTALS

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Indian services sector to be affected if US changes policies post elections

Fri, Sep 23, 2016

According to Moody`s, Malaysia, Taiwan and Korea would be the most vulnerable to efforts to repatriate high value-added manufacturing jobs.

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