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High Australian real estate prices lead to bubble fears

Feb 25, 2015 at 10:02 | Source: BBC

Real estate has long been an Australian obsession and sharp spikes in house prices across Australia's major cities in recent years have fuelled the passion for property. But it is not easy working out who or what is to blame. Fluctuating prices,...

Tax is just one of HSBC’s problems

Feb 25, 2015 at 07:27 | Source: BBC

In all the coverage of HSBC's Swiss private banking arm and Stuart Gulliver's banking arrangements (channelled through Switzerland and Panama), it is easy to miss the fact that HSBC has more broadly had a torrid year. Its return on equity (...

Gold bounces off 7-week low as Yellen flags flexibility

Feb 25, 2015 at 07:15 | Source: FirstPost

SINGAPORE (Reuters) - Gold edged higher on Wednesday after dropping to a seven-week low the session before, with Federal Reserve Chair Janet Yellen indicating flexibility in raising U.S. interest rates.Yellen said on Tuesday that while the Fed is pre...

Asian shares rise after Yellen stresses policy flexibility

Feb 25, 2015 at 06:45 | Source: FirstPost

TOKYO (Reuters) - Asian stocks rose on Wednesday thanks to gains on Wall Street after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates, a reassuring signal for investors worried about a deteriorating glo...

Bonds, global stocks rally, after Yellen emphasizes flexibility

Feb 25, 2015 at 01:45 | Source: FirstPost

NEW YORK (Reuters) - U.S. equities rose and bond yields fell after U.S. Federal Reserve Chair Janet Yellen said on Tuesday it would be several months before the Fed expects to boost interest rates, while European equity markets gained after Greece lo...

Dollar inches up on Yellen hopes, Greek breather

Feb 25, 2015 at 00:45 | Source: FirstPost

LONDON (Reuters) - World shares held near record highs on Tuesday after Greece produced a list of proposed economic reforms, and the dollar rose on expectations Federal Reserve chair Janet Yellen would signal the Fed was still moving towards raising ...

Global Market - Bonds rally, dollar falls after Yellen emphasizes flexibility

Feb 24, 2015 at 23:45 | Source: FirstPost

NEW YORK (Reuters) - The dollar edged lower and bond yields fell after U.S. Federal Reserve Chair Janet Yellen said on Tuesday it would be several months before the Fed expects to raise interest rates, while European equity markets gained after Greec...

Ahmedabad: 65 kg gold worth Rs 17.84 crore seized at airport

Feb 24, 2015 at 22:47 | Source: FirstPost

Ahmedabad: In two separate incidents, the city crime branch and Directorate of Revenue Intelligence (DRI) seized about 65kg gold worth Rs 17.84 crore and arrested seven persons in two cases.The Special Operation Group (SOG) of the city crime branch a...

Oil: Shocking how vital it still is

Feb 24, 2015 at 20:47 | Source: BBC

Today the BBC has launched its Big Oil Drop project, a series of interconnected online articles and data packages, alongside broadcast pieces. The idea is a pretty simple one. Every now and again - amid all the swirling reports and breaking news - it...

1000-year-old Buddha statue is actually a mummified monk

Feb 24, 2015 at 17:28 | Source: FirstPost

A gold-painted Chinese statue of a sitting Buddha hides mummified remains of a high-status monk who lived nearly 1,000 years ago, scientists have found.The secret hidden in the statue was first discovered when preservationists began restoring the sta...

Budget 2015: Jaitley should dissuade second home investments to deflate property bubble

Feb 24, 2015 at 14:14 | Source: FirstPost

India, an emerging market, needs to build infrastructure that is critical for long-term progress. Such initiatives are financed by long-term financial savings.However, government policies have encouraged households to direct large chunk of their savi...

Three killed, six hospitalised in illegal Chinese gold mine

Feb 24, 2015 at 12:32 | Source: FirstPost

Farmers trying to extract gold from an abandoned mine in central China were overcome by chemical fumes, leaving three dead and six hospitalised, state media reported on Tuesday.Rescuers were dispatched to the mine in Songxian County in the central pr...

Budget 2015: Jaitley should dissuade second homes buys to deflate property bubble

Feb 24, 2015 at 11:27 | Source: FirstPost

India, an emerging market, needs to build infrastructure that is critical for long-term progress. Such initiatives are financed by long-term financial savings.However, government policies have encouraged households to direct large chunk of their savi...

Global stocks rise, safe-haven Swiss franc falls on Greek deal

Feb 24, 2015 at 01:45 | Source: FirstPost

LONDON (Reuters) - Shares rose and the safe-haven Swiss franc fell against the euro on Monday after Greece reached a conditional deal with its international partners to avert an immediate financial crisis.Yields on low-rated euro zone government bond...

Gold rebounds from 7-week low after U.S. data

Feb 23, 2015 at 23:45 | Source: FirstPost

LONDON (Reuters) - Gold bounced back from an earlier seven-week low on Monday as the dollar pared gains after a bigger-than-expected fall in U.S. data raised doubts about whether the Federal Reserve might raise interest rates this summer.Data on Mond...

World Cup: Match against South Africa will rid India of any illusions

Feb 22, 2015 at 07:47 | Source: FirstPost

In the lead-up to the World Cup, Australia crushed India by 106 runs in their first warm-up. India rebounded in the next warm-up to beat Afghanistan by 153 runs and then raised their game to beat Pakistan by 76 runs in the first match of their World ...

World Cup: Match against South Africa will tell India where they really stand

Feb 21, 2015 at 19:20 | Source: FirstPost

In the lead-up to the World Cup, Australia crushed India by 106 runs in their first warm-up. India rebounded in the next warm-up to beat Afghanistan by 153 runs and then raised their game to beat Pakistan by 76 runs in the first match of their World ...

World Cup 2015: Gary Kirsten can offer South Africa a glimpse into Dhoni's mind

Feb 21, 2015 at 17:10 | Source: FirstPost

By R KaushikGary Kirsten wasnt the first, or most obvious, choice to replace Greg Chappell as the Indian coach after the fiasco that the 2007 World Cup campaign was. After a carefully chalked out process, Graham Ford was named Chappells successor, on...

India vs South Africa: Gary Kirsten can offer South Africa a glimpse into Dhoni's mind

Feb 21, 2015 at 16:53 | Source: FirstPost

By R KaushikGary Kirsten wasnt the first, or most obvious, choice to replace Greg Chappell as the Indian coach after the fiasco that the 2007 World Cup campaign was. After a carefully chalked out process, Graham Ford was named Chappells successor, on...

The game against South Africa will tell India where they really stand

Feb 21, 2015 at 16:26 | Source: FirstPost

In the lead-up to the World Cup, Australia crushed India by 106 runs in their first warm-up. India rebounded in the next warm-up to beat Afghanistan by 153 runs and then raised their game to beat Pakistan by 76 runs in the first match of their World ...

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