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U.S. stocks sink, yields rise after Fed move

Jun 20, 2013 at 02:08 | Source: Market Watch

NEW YORK (MarketWatch) — U.S. stocks fell sharply and Treasury yields surged on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank may scale back its bond purchases this year, depending on the economic outlook. Click to Pl...

China threatens death penalty for serious polluters

Jun 20, 2013 at 01:15 | Source: FirstPost

BEIJING (Reuters) - Chinese authorities have given courts the powers to hand down the death penalty in serious pollution cases, state media said, as the government tries to assuage growing public anger at environmental desecration.An increasingly aff...

7 charts that tell the Fed not to taper QE3

Jun 20, 2013 at 00:47 | Source: Market Watch

WASHINGTON (MarketWatch) — Ever since Ben Bernanke uttered those three little words — “next few meetings” — three weeks ago, financial markets have lived and died on every rumor about whether the Federal Reserve would soon taper its purcha...

Profits of top private life insurers rose 7% last fiscal

Jun 20, 2013 at 00:47 | Source: The Hindu BusinessLine

Mumbai, June 19: The top seven private sector life insurance companies, which account for about 70 per cent of the first year premium income, saw their net profits rise 7 per cent last fiscal (2012-13). However, the industry as a whole saw new busin...

IPL Spot-Fixing: Education, fear are effective deterrents

Jun 20, 2013 at 00:47 | Source: Indian Express - Cricket

: Talking Sport Harsha Bhogle I am writing this soon after watching the Rajasthan Royals, rocked by intrigue and glued by commitment, make a heartwarming entry into the final eliminator of what has, from a purely cricketing point of view, been an ou...

Singapore's air turns "hazardous" as Indonesian fires rage

Jun 20, 2013 at 00:30 | Source: FirstPost

SINGAPORE (Reuters) - Singapore's air quality deteriorated to "hazardous" levels late on Wednesday as smoke from slash-and-burn land clearing in Indonesia enveloped the city-state, inflaming tensions between the Southeast Asian neighbours.S...

Instant view: Fed to keep buying bonds; boosts 2014 forecasts

Jun 20, 2013 at 00:15 | Source: FirstPost

REUTERS - The U.S. Federal Reserve on Wednesday said it would keep buying $85 billion in bonds per month and gave no explicit indication that it was close to scaling back the program, despite intense market speculation it could soon start drawing it ...

Celebrate women in business, says Cyrus Mistry

Jun 19, 2013 at 22:12 | Source: Financial Express

Workplaces that celebrate women naturally benefit from better decisions, therefore, companies need to do much more to retain, develop and grow their women employees, said Cyrus Mistry in his first communication to shareholders as the chairman of Tat...

Oil firms, banks bruise FTSE 100

Jun 19, 2013 at 22:12 | Source: Market Watch

LONDON (MarketWatch) — Banks dropped in London on Wednesday after a commission called for sanctions for bad bankers, while oil firms on the decline put further pressure on the U.K. benchmark. The FTSE 100 index (FTI:UK:UKX) dropped 0.4% to 6,348.8...