Sameer Manekar

Bangalore

Journalist @Reuters in Bangalore, covering Asia-Pacific markets | Views are personal | Letterboxd: https://t.co/IV5uIKIngW

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Articles

Saudi Arabia wealth fund to order 30 Boeing jets

1 month ago | zawya.com | Sameer Manekar

Saudi Arabia's sovereign wealth fund plans to order 30 Boeing 737 MAX jets, Bloomberg News reported on Tuesday, citing people familiar with the matter. The Public Investment Fund (PIF) was set to buy the jets for aircraft leasing company AviLease, according to the report. The Riyadh-based firm has 200 owned and managed aircraft and leases to 48 airlines globally. Boeing and AviLease did not immediately respond to Reuters' requests for comment. PIF could not be immediately reached for comment.
Delta, Korean Air to buy 25% Stake in Canada's WestJet

1 month ago | gurutrade.com | Sameer Manekar |Shreya Biswas

May 9 (Reuters) - Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp, the U.S. carrier said on Friday. The deal, where Delta will invest $330 million for a 15% stake in WestJet and Korean Air will invest $220 million for a 10% interest, deepens the airlines' presence in the North American market.
AMETEK to acquire FARO Technologies in deal valued at $920 million

1 month ago | today.westlaw.com | Sameer Manekar |Aatreyee Dasgupta |Tasim Zahid |Shreya Biswas

(Reuters) -Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said on Tuesday, sending the target firm's shares soaring 36% before the bell. Under the agreement, AMETEK is...
Singapore’s high-yield stocks gain from tariff-induced flight to safety

2 months ago | kfgo.com | Sameer Manekar

By Sameer Manekar(Reuters) -As reverberations from U.S. President Donald Trump’s tariffs are felt across markets, investors are increasingly gravitating toward Singapore’s high-yield, defensive companies, including telecom firms, pivoting away from old favourites such as banks.
Singapore's high-yield stocks gain from tariff-induced flight to safety

2 months ago | ca.finance.yahoo.com | Sameer Manekar

(Reuters) -As reverberations from U.S. President Donald Trump's tariffs are felt across markets, investors are increasingly gravitating toward Singapore's high-yield, defensive companies, including telecom firms, pivoting away from old favourites such as banks. Singapore's benchmark index has proved resilient in the face of the back-and-forth tariff salvos, eking out a small gain for the year and faring better than regional peers as investors hunt for safe bets during the market tumult.
EMERGING MARKETS-Currencies firm as Fed uncertainty weighs on dollar

2 months ago | sg.finance.yahoo.com | Rishav Chatterjee |Sameer Manekar

Rishav Chatterjee and Sameer Manekar Mon, 21 April 2025 at 1:04 am GMT-4 3 min read * Thai baht strengthens 0.8% * Bullion prices at record high * Bank Indonesia expected to stand pat on rates this week By Rishav Chatterjee and Sameer Manekar April 21 (Reuters) - Emerging Asian currencies firmed against the dollar on Monday, as investor confidence in the world's reserve currency weakened on concerns over U.S. President Donald Trump's plans to shake up the Federal Reserve.
EMERGING MARKETS-Stocks tick higher in holiday-thinned trade

2 months ago | sg.finance.yahoo.com | Sameer Manekar

Sameer Manekar Thu, 17 April 2025 at 11:31 pm GMT-5 3 min read In this article: (No change to text) * MSCI EM Asia stocks edge higher * ASEAN stocks rise for 8th session * Equities in South Korea, Taiwan rise * Most markets closed for Good Friday holiday By Sameer Manekar April 18 (Reuters) - Equities in emerging Asia eyed a calmer end to the week on Friday with limited trading due to holidays in most markets and wary investors taking a cautious approach to tariff negotiations.
EMERGING MARKETS-Stocks tick higher in holiday-thinned trade

2 months ago | sg.finance.yahoo.com | Sameer Manekar

Sameer Manekar Thu, 17 April 2025 at 11:28 pm GMT-5 3 min read In this article: * MSCI EM Asia stocks edge higher * ASEAN stocks rise for 8th session * Equities in South Korea, Taiwan rise * Most markets closed for Good Friday holiday By Sameer Manekar April 18 (Reuters) - Equities in emerging Asia eyed a calmer end to the week on Friday with limited trading due to holidays in most markets and wary investors taking a cautious approach to tariff negotiations.
EMERGING MARKETS-Stocks edge up in cautious trade as tariff risks linger

2 months ago | sg.finance.yahoo.com | Sameer Manekar

Sameer Manekar Thu, 17 April 2025 at 1:11 am GMT-4 3 min read In this article: * EM Asia stocks tick higher * Singapore stocks at nine-session high * Currency rally fizzles out * Singapore dollar, Thai baht hang around 6-month highs By Sameer Manekar April 17 (Reuters) - Emerging Asian equities ticked higher in a narrow range on Thursday, led by stocks in South Korea, even as uncertainties around U.S. tariff policies and fears of an economic slowdown remained a concern.
EMERGING MARKETS-Stocks edge up in cautious trade as tariff risks linger

2 months ago | sg.finance.yahoo.com | Sameer Manekar

In this article: * EM Asia stocks tick higher * Singapore stocks at nine-session high * Currency rally fizzles out * Singapore dollar, Thai baht hang around 6-month highs By Sameer Manekar April 17 (Reuters) - Emerging Asian equities ticked higher in a narrow range on Thursday, led by stocks in South Korea, even as uncertainties around U.S. tariff policies and fears of an economic slowdown remained a concern.