Geoff Lewis News
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India’s slowest economic expansion in a decade is limiting profit growth at the biggest companies even as foreigners remain net buyers of the nation’s stocks, according to Kotak Institutional Equities.
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Geoff Lewis, Hong Kong-based head of investment services at JP Morgan Asset Management, comments on China’s effort to become a more consumption-driven economy and the potential of shale gas.
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Most Indian stocks climbed for the fourth day as investors awaited monetary policy decisions by the U.S. Federal Reserve and European Central Bank.
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Hong Kong stocks fluctuated after the U.S. reported manufacturing declined, heightening concern an economic recovery may falter. Agricultural Bank of China Ltd. advanced on its debut.
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Emerging-market stocks rose, with the benchmark index set for its largest monthly gain since October, after Greek Prime Minister Lucas Papademos said major progress has been made in debt-swap talks.
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European stocks advanced for a third day, extending a 27-month high, as U.S. economic growth was revised higher and merger activity boosted companies from Hermes International SCA to Aker Solutions ASA.
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European stocks advanced for a third day, extending a 27-month high, as U.S. economic growth was revised higher and merger activity boosted companies from Hermes International SCA to Aker Solutions ASA.
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Emerging-market stocks dropped for the first time in five days as slower manufacturing growth in China and Europe spurred concern the global economic recovery may wane.
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India’s benchmark stock index fell to near its lowest level this year as the rupee’s decline to a record renewed concern the government will find it difficult to control inflation and the fiscal deficit.
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Emerging-market stocks declined after a jump in French and Hungarian borrowing costs signalled a widening of European debt concerns.
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