According to him, disinflation will be negative for countries like Japan, Europe and developed markets in general.
Kevin Lai, chief economist, Asia ex-Japan, Daiwa Capital Markets, says over the last six months, the big picture in China has been deteriorating. The country is fighting against money outflow, deflation, etc.
Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market is largely untapped.
The 19-country bloc's combined economy grew by 0.3 percent in the final three months of the year from the previous quarter, according to official figures published Friday. This was above analyst expectations and higher than a 0.2 percent expansion in the third quarter.
European shares edged up but the euro fell and German bonds trimmed their losses on Monday as a resurgence of worries about Europe undermined positive sentiment stemming from stronger U.S. and Chinese economic data.
The euro hit an 11-month high and European shares dipped on Friday as markets braced for news on how much banks will repay of the one trillion euros in European Central Bank crisis funds that have been keeping them afloat.
Reliance Communication has target of Rs 65, says Ramakrishna Maruvada, Daiwa Capital Markets.
Bharti Airtel is a relatively more defensive bet than Idea Cellular at this point in time, says Ramakrishna Maruvada, Daiwa Capital Markets.
IBM will manage Daiwa's DR project while conducting periodic drills with the company to ensure compliance to norms.
Investment bank Daiwa Capital Markets today said it has appointed Rajiv Vaid as Chief Operating Officer (COO).
Ramakrishna Maruvada, Telecom Analyst, Daiwa Capital Markets is bearish on telecom stocks like Bharti Airtel, Reliance Communications and Idea Cellular. "We have ‘underperform’ ratings on all the three telecom stocks," he added.
Daiwa Capital Markets downgraded Unitech to "sell" from "hold" and cut its target price to Rs 30 from Rs 58 earlier, on uncertainties over telecom issues.