The Indian stock markets created a record of sorts when the T+0 settlement cycle was launched around eight months back as it became the only leading market globally with such a short settlement mechanism in the markets. While the launch was a milestone event, the optional shorter settlement cycle has seen a subdued response from the market and there is hardly any traction.
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Hyundai Connected Mobility and Casi have launched the MOCEAN Subscription service in Germany, offering flexible, all-inclusive vehicle subscriptions to private consumers and businesses, particularly corporate fleets. The service, powered by Casi's technology, provides access to over 40 Hyundai models and caters to freelancers and professionals with variable vehicle requirements.
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Treasury Building Stocks climbed while Treasury yields fell Monday as investors cheered Donald Trump’s pick of Scott Bessent for U.S. Treasury Secretary, betting the hedge fund manager will bring a Wall Street perspective to the role. By midday trading, the Dow Jones Industrial Average had notched an all-time high and the iShares 20+ Year Treasury Bond ETF (TLT) was up 2%
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