US Secretary of State Hillary Clinton and Chinese Foreign Minister Yang Jiechi met on Wednesday ahead of Chinese President Hu Jintao's state visit to Washington this month.
AT&T Inc plans to sell 20 phones with high-speed Web surfing this year including 12 phones running Google Inc software in its biggest push yet to lessen its dependence on Apple Inc's iPhone.
Toyota Motor Corp, faltering from recalls, has fallen into a statistical tie with Ford Motor Co for tops in US consumer brand perception, influential magazine Consumer Reports said on Wednesday.
Comcast Corp plans to soon roll out a feature allowing its customers to watch real-time television shows, whether a crime drama or newscast, on tablet computers such as Apple Inc's iPad.
Brokerage giants like Merrill Lynch and Morgan Stanley face a slew of challenges after decades of dominance, not the least of which is a crop of wealth-management start-ups taking aim at Wall Street's ways.
The bonds are likely to be stable today. The improved liquidity condition is a positive cue for the bond market. The 10-year yield is seen between 8.05-8.07%, says RVS Sridhar, Axis Bank.
With the dollar rallying across the board, the rupee may weaken today. The uncertainty in the equity markets is also likely to weigh on the currency. The range for the day is seen between 45.30- 45.50/$, says Ssharad D Pawaar, SPFX India.
After years of trade policy stalemate, there could be big strides in 2011 with approval of US trade deals with South Korea, Panama and Colombia, Russia's entry into the World Trade Organization and perhaps even the end of the longest-ever round of global trade talks.
A federal judge has ordered the Interior Department to put on hold a request for a bid to upgrade its email system that Google Inc said favored Microsoft Inc.
CRB Index gained 0.5%. Upmove in CRB was restricted by dollar strength. Crude oil prices turned back above USD 90/barrel.
Stock Futures added 1.35 crore shares in OI. Nifty Open Interest PCR was down at 1.31 from 1.37. Nifty 6200 Call added 15.4 lakh shares in OI while Nifty 6100 Put shed 1.3 lakh shares in OI.
KSK Energy Ventures | NMDC | BHEL | Jindal PolyFilm | TCS | Gitanjali Gems | HDIL | Chartered Logistics | Kiri Dyes | Unity Infra | Maytas Infra | Continental Petroleums and ONGC are stocks, which are in the news today.
F&O cues: Total Nifty futures down Rs 300 crore and Options up Rs 3736 crore.
Market cues: FIIs net buy USD 174 million in the cash market on Jan 04.
Indian ADRs ended mostly in red on Wednesday. In the telecom space, Tata Communication was down 0.77% at $ 11.6401 and MTNL was down 3.85% at $ 2.5. In the banking space, HDFC Bank was down 0.83% at $ 163.20 and ICICI Bank was down 1.68% at $ 47.50.
At 7: 45 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng was up 0.11% or 25.76 points at 23,783.58. Japan's Nikkei added 1.23% or 127.47 points at 10,508.24. Singapore's Straits Times rose 0.38% or 12.24 points at 3,266.49. South Korea's Seoul Composite was flat at 2,082.57.
Crude prices bounced back above ninety dollars a barrel as unexpectedly big gains in US private sector jobs spurred optimism the economy was recovering at a faster pace.
The Dow Jones Industrial Average ended up 32 points at 11723. The Nasdaq Composite rose 21 points at 2702 and S&P 500 index went up 6 points at 1276.
In the US market, positive economic data helped markets close at fractionally improved two-year high. Financials stocks led the rally.
An empowered group of ministers (EGoM) will consider over follow-on public offer (FPO) of Hindustan Copper in today's meet, reports CNBC-TV18.
Midcap and smallcap action may continue today. FII selling may be a dampener for markets.
Oil prices fell further from 27-month highs on Wednesday as a strong dollar sapped investor appetite for commodities, despite signs of tighter oil supply fundamentals in top consumer the United States.
There are more skeletons tumbling out of the closet as the Citibank fraud investigations unfold. A few high net individuals are now claiming that Citi offered settlement to the tune of 60-70% of invested funds in December. In fact, sources tell CNBC-TV18 that Shivraj Puri and some HNIs had signed private memorandum of understandings for recovery.
Pennsylvania State Police have agreed to stop issuing disorderly conduct citations to people who use profane language, the American Civil Liberties Union (ACLU) said.
US stock indexes struggled near breakeven on Wednesday as investors were encouraged by strong data on new private-sector jobs and the services sphere, but weak commodity prices dragged down energy and materials shares.