Wednesday, January 2, 2019

As steel cycle turns south, buyers of distressed assets will be forced to redo math

As steel cycle turns south, buyers of distressed assets will be forced to redo math The likes of Tata Steel, JSW Steel and Vedanta had banked on strong steel prices to turnaround distressed assets they bought

from Moneycontrol Business News http://bit.ly/2At7l4f

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...