What are the Best Stocks to buy for 2018 by Expert?

Posted by CapitalHeight on July 3rd, 2018

Thyssenkrupp AG and Tata Steel Ltd. reached a final agreement to set up a European steel giant as some of the German company’s biggest investors expressed concern that the deal favors its Indian partner. The tie-up to create Europe’s largest steel producer after ArcelorMittal is part of efforts to tackle industry overcapacity as Chinese exports fed a global glut last year. The market has rebounded since the joint venture was announced as steel demand strengthens and Donald Trump’s threat of tariffs pushes prices to their highest level in years. For expert Advice click here: CapitalHeight.

 Deutsche Bank AG, which is in the throes of a global restructuring involving thousands of job cuts, is zeroing in on an Asian market where an unprecedented bad-loan clean-up offers the potential for a credit bonanza. In India, where bankruptcy law changes have injected urgency into efforts to restructure 0 billion of stressed assets, Deutsche Bank sees an opportunity to generate outsized returns by refinancing and trading debt, according to Amit Khattar, Asia-Pacific co-head of global credit trading. Khattar is considering adding to his team.

A dangerous narrative being peddled by the Centre is that LIC has so much cash – it gets about Rs 2 trillion premium money from customers every year – that it is a mere drop in the ocean if it buys a 51 per cent stake (about Rs 130 billion) in IDBI Bank. There is also talk of LIC rescuing Air India by taking a 24 per cent stake after the government’s failed attempt to invite bidders to acquire the ailing airline. The notion that LIC has an unlimited war chest is totally fallacious because life insurance companies hold people’s premium money for 30-years-plus only to eventually pay back the insured or their nominees. 

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