| FOREX-Dollar falls versus euro on rate outlook | |
NEW YORK, May 12 (Reuters) - The dollar fell against the euro and pared gains versus the yen on Monday amid renewed concerns the Federal Reserve could still have to cut interest rates to boost...
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| Toronto stocks up 100 pts, led by oil firms, techs |
TORONTO, May 12 (Reuters) - The Toronto Stock Exchange's main index jumped 100 points on Monday morning, as technology and energy shares were pulled higher by gains in Research In Motion...
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| Nifty May futures at 5 points premium |
MUMBAI: In a pitched tussle between the bulls and bears, the former prevailed at the end on Monday. Taking cues from a positive open in Europe, Indian markets bounced back from day's lows on sharp...
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| Ranbaxy shares jump over five per cent on Merck pact |
MUMBAI: Shares of pharmaceutical major Ranbaxy Laboratories today jumped over five per cent after announcing that it has entered into a pact with US-based Merck, while the scrip of Aditya Birla...
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| Global cues help market overcome poor IIP data |
MUMBAI: It was an eventful start to the week Monday, as strong domestic and overseas triggers saw stocks swing back and forth between positive and negative terrain. A weak trend early in the Asia...
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| Benchmarks snap 5-day losing streak |
MUMBAI: Benchmarks discounted disappointing IIP data on Monday to close higher taking cues from positive global cues thus bringing an end to a 5-day losing...
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| Asian markets edge higher; Chinese shares rise despite earthquake, higher inflation |
BANGKOK, Thailand - Asian markets edged tentatively higher Monday as investors awaited a slew of key U.S. economic data and Federal Reserve Chairman Ben Bernanke's speech this week for hints of...
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| Exporters Help Tokyo Recover From Lows As Banks Drive Sydney |
By V. Phani Kumar Asian markets ended mostly higher Monday, reversing course after dropping earlier in the session, with Japanese shares lifted by exporters such as Nikon Corp. on a pullback in...
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| FOREX-Dollar climbs as risk appetite improves slightly |
LONDON, May 12 (Reuters) - The dollar rose on Monday, closing in on a two-month high against a basket of currencies as a slight rise in risk appetite and growing speculation that cuts to U.S....
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| UPDATE 3-Gold falls with dollar rise, may slip further |
The dollar gained to close in on a two-month high against a basket of currencies, as a slight rise in risk appetite and growing speculation of an end soon to cuts in U.S. interest rates boosted...
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| IIP data pressures stocks; key indices slip 1% |
MUMBAI: The recovery in frontline shares was short lived, as stocks were at the day's lows after data showed industrial production grew at a mere 3 per cent in...
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| Shanghai Composite ends up 0.4%, reversing early losses |
HONG KONG (MarketWatch) -- Chinese shares ended higher on Monday, reversing the early declines they posted after official data showed that the country's consumer price index soared 8.5% in April from...
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| May futures at 18 pts premium, Nifty support at 4900-4875 |
MUMBAI: Indian stocks tumbled for the sixth consecutive day on Monday on weak cues from Asian markets and ahead of IIP data. One saw long positions being build in Nifty futures in early...
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| Market off lows, frontline techs lead |
MUMBAI: Stock indices were off early lows, encouraged by positive global cues, with frontline shares leading the advance. Sectorwise, technology and FMCG scrips were trading with gains, while...
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| Wall Street Finance sees block deal of 3.85 mn shares |
MUMBAI: Wall Street Finance Ltd on Monday saw a block deal of 3.85 million shares, or 33.10 per cent of its outstanding equity capital, at Rs 45 a ...
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| Morgan Stanley raises $4 billion Global Infrastructure fund |
MUMBAI: Global financial services major, Morgan Stanley, on Monday said it has successfully closed the Morgan Stanley Infrastructue Partners (MSIP) fund with USD four billion of equity...
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| Edelweiss Cap announces four senior appointments |
MUMBAI: Financial services firm Edelweiss Capital Ltd on Monday announced four senior level appointments in its investment banking and corporate ...
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| F&O indicators advise caution, Nifty support 4900-4800 |
Last week, Nifty futures turned to discount from premium, one saw build up of short positions in index heavyweights, foreign funds sold in both cash and F&O segments, and Nifty put-call ratio...
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| Market opens lower, metals, realty drag |
MUMBAI: The market opened lower on Monday, led by metal and realty stocks, tracking mostly negative global cues and as concerns over inflation and crude oil prices worried...
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| Equities seen rangebound; crude prices weigh |
MUMBAI: Equities are likely to remain rangebound on Monday amid tepid global cues. Spiralling crude prices and its impact on inflation will continue to weigh on ...
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| GE Money finds no takers for personal loans, mortgage biz |
MUMBAI: GE Money India is learnt to have found no takers for its wholly owned personal loans and mortgages portfolios with the interested parties quoting nearly half of the company's expectation....
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| Asian stocks sag on economic uncertainty, sky-high prices |
SINGAPORE -- Stocks fell Monday, weighed down by uncertainty over the health of the US economy and surging oil and commodity prices, while Japanese exporters felt the pinch from a stronger yen. The...
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| Asian markets mixed after Wall Street sell-off |
(RTTNews) - Stock markets across the Asia-Pacific region were trading mixed on Monday after Wall Street fell following American International Groupâs disclosure of a huge first-quarter loss and...
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| Dollar edges up in Asian trade |
TOKYO (AFP) - The dollar posted modest gains in Asian trade on Monday as traders braced for a raft of data that may shed new light on the extent of the US economic slowdown, dealers...
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| Gold firms on weak dollar, crude oil stays high |
TOKYO, May 12 (Reuters) - Gold rose on Monday, underpinned by recent weakness in the dollar and with crude oil hovering near a record of above $126 a barrel also providing...
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| Asian Markets Are Mixed, Oil Continues Hot Streak |
CNBC.com Asian markets were mixed in the morning session Monday, with investors worried about the health of the U.S. economy as oil prices continue to...
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| Private placement, Esops may not be counted as public stake |
NEW DELHI: The government proposes to tighten the definition of public holding in a listed company to prevent shareholders, including companies, who are closely aligned with the promoters from...
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| Reliance Money ties up with Sify Technologies |
NEW DELHI: Reliance Money, the brokerage and financial services arm of Reliance-ADAG, has tied up with broadband service provider Sify Technologies to sell its financial products and services like...
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| Asian markets drop on record crude prices, growth concerns |
Asian stocks fell this week, snapping a two-week rally, led by banks and oil refiners on concern earnings at banks and automakers will slow with record oil prices and a slowing US economy.Kookmin...
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| Dollar holds up against most Asian currencies |
HONG KONG -- Key Asian currencies ended the week mainly down against the US dollar as the greenback continued to strengthen amid hopes that the subprime credit crisis is over. JAPANESE YEN: The yen...
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| Tencent, Chalco added to Hang Seng Index |
HONG KONG (MarketWatch) -- Cheung Kong Infrastructure Holdings and telecom group PCCW are to be removed from the Hang Seng Index to make way for two incoming companies -- Aluminum Corp of China Ltd....
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| PRESS DIGEST - Washington Post Business - May 10 |
WASHINGTON, May 10 (Reuters) - The Washington Post included the following items on the front page of its business section on May 10. Reuters has not verified these stories and does not vouch for...
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| Most Asian Markets Fall; Nikkei Drops 2.1% On Toyota |
TOKYO, JAPAN: Most Asian markets fell Friday (9 May), with Japan's key stock index dropping more than 2% following Toyota's bleak earnings projection. The benchmark Nikkei 225 index sank 2.1% to...
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| Blackstone, Reliance buy into Everonn |
CHENNAI: Three private equity investors — Blackstone, New Vernon and Reliance (part of ADAG) have picked up equity shares and warrants in the Chennai-based Everonn Systems Ltd, a company...
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| FOREX-Dollar down as credit market concern rises |
NEW YORK, May 9 (Reuters) - The dollar fell on Friday as another round of credit market losses prompted investors to reduce exposure to risky assets and heightened concern about the health of the...
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| IADB to lend Ecuador $1.2 bln up to 2011 |
QUITO, May 9 (Reuters) - The Inter-American Development Bank will lend Ecuador around $1.2 billion between this year and 2011 to improve the country's infrastructure and crucial oil sector, the...
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| FOREX-Dollar drops broadly on rising risk aversion |
NEW YORK, May 9 (Reuters) - The dollar dropped against most currencies on Friday as rising risk aversion stoked by a larger than expected quarterly loss at a U.S. insurer helped bolster low...
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| WRAPUP 1-Data shows some cracks in solid Canadian economy |
Statistics Canada said the economy created 19,200 jobs in April, more than the 10,000 forecast, while the unemployment rate ticked up to 6.1 percent from 6.0 percent in March as more people...
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| FIPB gives nod to ICICI Securities |
NEW DELHI: The Foreign Investment Promotion Board (FIPB) is believed to have given its nod for foreign equity infusion in domestic investment banking firm ICICI Securities, where parent firm ICICI...
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| FOREX-Dollar falls as risk aversion rises |
NEW YORK, May 9 (Reuters) - The dollar fell against most currencies on Friday as a rise in risk aversion prompted by sagging stock markets helped bolster low yielding currencies such as the...
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| Tata Power fixes warrant conv price at Rs 1,351.63 each |
MUMBAI: Tata Power Company on Friday said its promoter Tata Sons will be alloted equity shares at a price not less than Rs 1,351.63 each upon conversion of...
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| Stocks slip further as oil nears $125/bbl |
Crude oil rose to a record $124.73 a barrel. Stocks dropped in Europe as oil soared. The FTSE lost 1.2 per cent, the DAX dropped 1.15 per cent and the CAC slid 2.02 per...
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| Equities end lower for fifth straight day; Sensex down 400 pts |
MUMBAI: Equities were under pressure Friday bogged down by rising oil prices and inflationary concerns. Global cues were not supportive either. Oil & gas counters, banks and realty were ...
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| Mirae Asset plans Indian sector leaders stock fund |
MUMBAI: The Indian unit of South Korea's biggest fund firm Mirae Asset plans to launch an equity scheme that will invest in leading firms in terms of market capitalisation or market...
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| Equities tumble on record-high oil prices, inflation |
MUMBAI: Equities gave away gains for the fifth day in a row Friday as investor sentiment remained weak with crude oil hitting newer peaks and inflation edging northward. Global cues were not...
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| Tokyo Stocks Dive amid Selling Sprees in Asian Markets |
Tokyo, May 9, 2008 (Jiji Press) - Stocks took a beating on the Tokyo Stock Exchange Friday, with investor sentiment bruised by sharp sell-offs that hit other Asian markets.The 225-issue Nikkei...
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| Most Asian Markets Fall As Record Oil Prices Renew Worries Of Rising Energy, Food Costs |
BANGKOK, THAILAND: Most Asian markets fell Thursday (8 May) as soaring global oil prices renewed fears over inflation driven by rising energy and food costs. Investors were jittery as oil prices...
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| ADVISORY-HK stock market closed on Monday, May 12 |
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts,...
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| HK stocks fall 1.5 pct on China inflation woes |
HONG KONG, May 9 (Reuters) - Hong Kong stocks fell 1.52 percent on Friday, tracking losses in regional markets, as investors fretted over the outlook for China's economy after Vice Premier Wang...
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| Sensex hovers around 17k; HDFC twins drag |
India's wholesale price index rose 7.61 per cent in the 12 months to April 26, marginally higher than previous week's annual rise of 7.57 per cent, but inline with market expectations. The fact...
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