Credit Agricole

The decision, announced by EU competition chief Margrethe Vestager, said traders from seven investment banks colluded in online chatrooms to fix prices and share sensitive information.

Adani's Australia coal mine hits environmental legal snag

An Australian court on Wednesday revoked the government's environmental approval for one of the world's biggest coal mines under construction in the Australian outback by Indian conglomerate Adani Mining.

China GDP: Believe it or not?

"There's a lot of concern about the way growth is calculated and about the speed with which it's calculated. But to me these are sort of minor quibbles. I'm much more concerned about the debt numbers, because no matter how you look at it those are growing much too quickly."

Bonds and world stocks rebound, sterling soars

Sterling was up 1.4 percent against the dollar and London's FTSE led equity markets with a 1.5 percent surge to help European shares rebound from two-month lows and wipe out what had looked like being a second week of losses.

Will depreciating Yuan take toll on other Asian currencies?

China actively wants to weaken its currency, but it is unlikely to be a long-term trend and may last for few weeks, Mitul Kotecha, global head of currency strategy, Credit Agricole said.

New technologies to transform banking biz in 2014: Infosys

"Simplify, that's the mantra for banks in 2014. To do so they will refresh their business models and embrace technologies from mobility and social to cloud and big data," Infosys AVP and Lead Product Manager Finacle Product Strategy Rajashekhara V Maiya said.

Fragile 5 currencies to remain under pressure: Expert

According to Mitul Kotecha, the fragile five growup that includes Brazil, Indonesia, India, Turkey and South Africa will continue to remain fragile given the global worries, weak earnings momentum going ahead.

Will the rupee reprieve be over soon?

Though the Indian currency has pulled back from its record lows, analysts believe that the likeliness of it falling to 70/USD is also not off the table.

Don't see value in rupee below 70/USD: Credit Agricole

The only long-term solution - deep economic, political and social reforms - is unlikely ahead of the upcoming elections and possibly for years to come, says Credit Agricole.

Is this currency about to follow rupee's crash course?

India's rupee has fallen nearly 13 percent against the dollar year-to-date, brushing a fresh record low around 61.87 last week. The Indonesian rupiah, meanwhile, is down nearly 7 percent against the dollar this year, and currently hovers at around 10,285.

Is a big China currency move in the works?

China`s decision a week ago to scrap the floor on lending rates for commercial banks, as it takes another step towards opening up its financial markets, makes other reform measures such as widening the yuan`s trading band and establishing a new interest-rate framework more likely, say analysts at Credit Agricole.

Saudi Mobily in $650 mn financing deal with Ericsson, NSN

Saudi Arabia's Mobily has signed memorandum of understandings with Nokia Siemens Networks and Ericsson to fund the purchase of USD 650 million of equipment from the firms, the telecom operator said on Sunday.

M Stanley cuts back commodities business

The move by one of the largest players in the global resources markets is the latest indication of how commodities are falling out of favour among banks, who only a few years ago were clamouring to expand their activities in the sector.

Rupee will inevitably breach 60/USD: Credit Agricole

Rupee‘s underperformance against its Asian peers is likely to continue in the short-term due to India‘s ballooning current account deficit, he told CNBC-TV18 in an interview.

Asia assets hammered on China fears, Fed upset

Shares, currencies and commodities all crumbled as spooked investors rushed to unwind crowded trades in emerging markets. Asian stocks outside Japan suffered their biggest daily loss since late 2011, key lending rates in China reached historic highs and India's currency carved out a record low.

Rupee looks undervalued, will touch 61/$: Credit Agricole

Mitul Kotecha, global head of currency strategy, Credit Agricole says the rupee could end up around the 60-61 level in the matter of days or weeks. He feels once the rupee touches 60-61 against the USD, it would look like a pretty cheap currency to hold. Overall my models would suggest that it is already looking undervalued.

Outlook for China's economy just keeps getting worse

Asian markets took a hit following the release of the data, alongside the Australian dollar which fell to a fresh 11- month low against the greenback.

Credit Agricole expects rupee at 52 by end-2013

Credit Agricole expects the rupee to strengthen to 52/dollar by the end of 2013, with the currency trading at relatively attractive valuations in REER terms and having priced in "many of the fundamental problems it faces."

IT shares shares extend fall on outlook worries

Indian technology shares fall for a second day, with Cognizant's SEC filing clouding revenue outlook for the sector.

Rupee to rise to 55.30 by September: Credit Agricole

Credit Agricole raises its forecast for the rupee to 55.30 for September from 56.00; maintains year-end target at 52.00.

Revenues growth in Q1 above expectations: Morgan Stanley

Ridham Desai of Morgan Stanley says initial earnings data suggests revenue growth at 18%, which is 8% ahead of expectations.

Rupee upside limited on RBI moves: Credit Agricole

RBI moves will boost supply of foreign currencies in market as exporters will now have to sell, says Credit Agricole.

Moody's may downgrade 17 banks, securities firms

Moody's Investor Service warned on Thursday it could downgrade the credit ratings of 17 global banks and securities firms due to more fragile funding conditions.

Markets in risk-off mode before EU summit: Credit Agricole

Dariusz Kowalczyk, senior economist and strategist at Credit Agricole says that investors are currently in a risk-off mode, because of the fear of more disappointment from the eurozone.

Poll: Oil to stay above $100/bbl despite slowdown

Brent crude oil prices are forecast to stay well above USD 100 per barrel despite widespread expectations of an economic slowdown, a Reuters poll said on Tuesday.