India's IndusInd Bank slumps 20% as derivative accounting gap could hurt earnings
By Nandan Mandayam and Siddhi Nayak (Reuters) -Shares of Indian private lender IndusInd Bank slumped an exchange-allowed ...
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Trump probes lumber, timber imports for potential tariffs; names furniture as derivative product
Does the U.S.’ reliance on imported lumber and timber constitute a threat to national security? That’s what the Trump Administration aims to find out through a new executive order. “The wood products ...
IndusInd Bank says its net worth to take 2.35% hit on discrepancies in derivative accounts
By Siddhi Nayak MUMBAI (Reuters) -Indian private lender IndusInd Bank said on Monday it expects a 2.35% decline in its net ...
BL Explainer: IndusInd’s derivative accounting: Decoding the discrepancies
IndusInd Bank’s recent stock price crash has left investors puzzled. We take a closer look at the issues involved ...
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Tariffs on Steel and Aluminum Products, Including Derivative Products, Come into Effect
Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect ...
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Celanese Announces Vinyl Acetate Monomer (VAM) and Derivatives Price Increases in the Western Hemisphere
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, is increasing prices for its vinyl ...
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Derivative accounting issues may not be limited to IndusInd Bank, says Abizer Diwanji
While this issue has raised fresh concerns, transparency and better financial controls can help banks maintain investor trust in the long run.