Robert Sockin, Global Economist at Citi, believes the direction of the US market this year will be influenced by several key factors: the US Federal Reserve's policy actions, the US Presidential elections, and the development of the artificial intelligence (AI) industry. In an interview with CNBC-TV18, Sockin outlined two potential scenarios for US economic growth and Federal Reserve rate cut.
Open FlipGlenmark Pharmaceuticals on Tuesday, May 21, said its subsidiary Glenmark Specialty SA has inked an exclusive agreement with a global oncology company BeiGene to market and distribute Tislelizumab and Zanubrutinib in India. Tislelizumab is used to treat advanced or metastatic esophageal squamous cell carcinoma, while Zanubrutinib treats certain blood cancers.
Open FlipBlackRock is positioning its recently launched Indian government bond exchange-traded fund (ETF) as a one-stop shop for foreigners to deploy money in relatively high-yielding local sovereign debt, without navigating multiple layers they would otherwise confront to trade here, said an executive. On the bond side... the meat of the discussion is still about just the ease of access.
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