Sensex surges 359 pts on strong global cues, govt's reform annoucement
Nov 19, 2015 at 17:28 | Source:
Riding on the back of a strong global equity markets recovery, key domestic share benchmark indices rose over 1 percent fueled byacross-the-board buying support. Despite the lingering uncertainty surrounding the sluggish global economic recovery and ...
Oil down; market looks beyond Paris attacks to refocus on glut| Reuters
Nov 17, 2015 at 23:45 | Source:
NEW YORK Crude oil futures fell about 1 percent on Tuesday, resuming their slide after a one-day pause, as oversupply concerns returned to suppress a market briefly lifted by geopolitical worries linked to the Paris attacks.A Reuters poll of analysts...
Asian shares, currencies slide after Paris attacks, data | Reuters
Nov 17, 2015 at 04:15 | Source:
HONG KONG/TOKYO Asian stocks fell to six-week lows on Monday and emerging market currencies wilted as investors sought the safety of the greenback in the wake of Friday's attacks in Paris and downbeat economic data.Financial spreadbetters expect Brit...
U.S. case over Indian pipe imports advances after ITC decision| Reuters
Nov 14, 2015 at 01:30 | Source:
WASHINGTON The U.S. International Trade Commission found on Friday there was a reasonable case that imports of welded stainless steel pressure pipe from India hurt producers in the United States, advancing a trade dispute that could end in import dut...
Brent oil hits lowest since August; dollar dips| Reuters
Nov 12, 2015 at 02:15 | Source:
NEW YORKBrent crude oil prices hit their lowest since late August on Wednesday on worries about growing U.S. stockpiles, while the U.S. dollar took a breather from recent gains.U.S. stocks were mostly lower in choppy trading, with the drop in oil pri...
Oil falls, but U.S. stocks turn higher; dollar dips| Reuters
Nov 12, 2015 at 00:15 | Source:
NEW YORKOil prices fell to their lowest since mid-September on Wednesday on worries about growing U.S. stockpiles, while the U.S. dollar took a breather from recent gains.U.S. stocks turned higher by midday, though the drop in oil prices weighed on e...
Sensex drops over 150 points on weak Chinese markets, Axis Bank tumbles 6%
Oct 28, 2015 at 10:34 | Source:
Pessimism across key Chinese stock indices weighed on Indian equity markets in early Wednesday trade, with benchmark Sensex dropping 150 points over yesterday's close while a massive correction engulfed the Axis Bank counter even as the private secto...
Asia stocks slip on weaker Wall Street, Fed awaited| Reuters
Oct 28, 2015 at 06:30 | Source:
TOKYO Asian stocks slipped early on Wednesday, taking cues from an overnight decline on Wall Street while a wait-and-see mood prevailed ahead of a policy statement from the U.S. Federal Reserve due later in the day. MSCI's broadest index of Asia-P...
Ferrari shares race ahead 15 percent on Wall Street debut | Reuters
Oct 21, 2015 at 23:15 | Source:
NEW YORK/MILAN Ferrari shares jumped 15 percent to $60 on its Wall Street debut on Wednesday after the Italian supercar maker priced its share offering at the top of the range amid heavy investor demand.Limiting the offering to a 10 percent stake hel...
Singapore mega-church head Kong Hee guilty of embezzling $35 million
Oct 21, 2015 at 12:41 | Source:
Singapore: The founder of a popular Singapore church was found guilty today of misappropriating more than USD 35.5 million in donations to support his wife's singing career in Asia before helping her break into the US market for evangelization purpos...
Sensex starts on a positive note amid mixed Asia; breaches 27,400-mark
Oct 21, 2015 at 10:12 | Source:
Domestic equities made a cautious but positive start Wednesday, with the fall in overnight US markets and a mixed trend in other Asian gauges limiting the gains of the Sensex, which, however, managed to breach the psychological 27,400-mark in early t...
Global shares sputter on Morgan Stanley results; oil drops | Reuters
Oct 20, 2015 at 02:15 | Source:
NEW YORK U.S. markets slipped on Monday after poor quarterly results from Morgan Stanley stoked worries over the health of the world's biggest banks, while data showing weak Chinese economic growth pushed oil prices lower. European equity markets clo...
Sensex maintains winning streak for 4th straight week, soars 1,878 points
Oct 09, 2015 at 16:44 | Source:
After snapping a six session rally a day before, equity markets once again bounced back to its winning ways today, powered mainly by upbeat global markets sentiment as receding worries over the impending US Fed rate hike revived investors' confidence...
Sensex off to flying start, reclaims 27,000 in a 300 points rally
Oct 09, 2015 at 10:28 | Source:
Equity markets were off to a splendid start, helping Sensex breeze past the 27,000-mark in an over 300 points rally after the US Fed minute of the latest meeting revealed last night once again hinted the imminent rate hike may not happen soon in the ...