Wed, Nov 27, 2024 9:05 PM
German cabinet approves measures for better access to capital markets
A Flip by Shubhangi Gupta
Reports indicate that President-elect Donald Trump’s incoming administration is considering a significant shift in crypto regulation, potentially empowering the Commodity Futures Trading Commission (CFTC) to oversee certain digital assets. According to Fox Business, this move could dilute the authority of the Securities and Exchange Commission (SEC) in the realm of cryptocurrency regulation.
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French banking stocks plummeted as a political standoff in France sent country's bond risk to levels not seen since the euro-area debt crisis, with BNP Paribas, Societe Generale, and Credit Agricole among the worst performers in European financials. French lenders have missed on this year's rally in European banking equities due to investor concerns over country's political and financial outlook.
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Afcons Infrastructure, a recently listed company from the Shapoorji Pallonji group, has reported renewed traction on bourses after its Q2 result was declared over the past weekend. Though the company reported year-on-year fall in revenue due to seasonal weakness, margin improvement and traction in order book were key positives. The stock has gained around 7% over the IPO price since its listing.
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