Any significant changes in China’s real estate sector will affect not only real estate companies, millions of Chinese households, investors, and banks, but will also have a direct impact on the resources of local governments, which have long relied on land bank monetisation to fund not only investments but also budget expenditure for its social sector commitments like pensions, hospitals, and education to citizens
Finland is aiming to offer 10 billion euros ($9.95 billion) and Sweden plans to offer 250 billion Swedish crowns ($23.2 billion) in liquidity guarantees.
Major accounting frauds typically come to light when liquidity tightens. Given the over 2% point jump in money market rates in India in the 12 months to September the probability of major accounting fraud coming to light in the Indian stock market is growing.
In the special series Wizards Of Dalal Street, Ramesh Damani caught up with Mrinal Singh, Deputy CIO at ICICI Prudential AMC where he spoke about how he spotted Natco Pharma.
The expected recovery in Indian economy has been patchy, says Rahul Chadha, Co-Chief Investment Officer at Mirae Asset Global Investments.
Experts believe Brexit may continue to have a short-term impact of markets such as India but said the medium-term impact will be restricted the UK and EU economies.
The euro weakened against major world currencies, trading just above USD 1.10 against the US dollar.
Euro zone officials meet in Latvia this week to discuss a rescue deal between Greece and its creditors amid growing talk that time is running out for Athens to avoid defaulting on its debt and being ejected from the 19-member euro zone.
Speaking to CNBC-TV 18, Pankaj Vaish, Head of Market, Citi South Asia, said India has been relatively in a better shape than other emerging markets, adding that if the selloff comes with a serious China slowdown, then it could be a cause of concern.
Whether it is Lehman or quantitative easing or tapering for that matter, a fact of globalization is global inflows and outflows of funds can have huge destabilizing effects on all economies.
As Lehman Brothers collapsed trust in the system disappeared and every bank was scared to deal with any other bank, says Jim Walker, Founder & MD, Asianomics.
Post Lehman crisis, market became more concerned with what was happening in the US rather than in India and that stays to this day.
Exhibit A is the government‘s decision to recapitalise banks which lend at lower rates to certain consumer sectors such as two-wheelers and durables. Business Standard reports (4 October) that this decision was taken "in principle" at a meeting between Finance Minister P Chidambaram and Reserve Bank Governor Raghuram Rajan.
The Federal Reserve is expected to announce its first move to taper its USD 85 billion in monthly bond buying when its two-day meeting ends Wednesday.
Lehman Brothers' US brokerage on Tuesday finalized settlements with the former financial giant's parent and European entities, resolving nearly USD 44 billion in customer claims and paving the way for full repayment to the brokerage's former customers.
Ratings agency Fitch today said the top three private sector lenders -ICICI Bank, HDFC Bank and Axis Bank -will require close to Rs 70,000 crore in fresh capital to meet the stricter Basel-III capital norms.
The rupee strengthened on Friday on the back of dollar sales by corporates but it still posted a ninth consecutive weekly drop, its worst losing streak since the Lehman crisis.
European leaders are beginning to accept the idea that Greece will be forced to default on its debt, causing a long-feared "credit event" that triggers billions of dollars of credit default swaps.
The bankruptcy estate of Lehman Brothers Holdings (LEHMQ.PK) is close to naming a new board of directors to help finish winding down the collapsed financial firm, the Wall Street Journal said, citing people familiar with the matter.
Rabobank's Adrian Foster believes that we could get stuck in a slow growth period, but definitely not a recession.
Despite positive news coming in from Europe, Mike Mayo of CLSA believes that there will be big impacts coming out of the debt crisis in the region.
While most analysts expect a rate hike pause by the RBI, here is one person who thinks otherwise. Speaking to CNBC-TV18 in an exclusive interview, Dr. Shankar Acharya of ICRIER says that the RBI is left with no choice but to hike rate, given the loose fiscal policy we have.
Top former executives of Lehman Brothers Holdings Inc lost their bid to throw out a securities fraud lawsuit seeking to hold them responsible for billions of dollars of investor losses tied to the Wall Street investment bank's 2008 collapse.
In an exciting new episode of Storyboard, CNBC-TV18's Anuradha SenGupta has a tête-à-tête with Martin Sorrell of WPP post the gala at Cannes Lions 2011.
For the past week, the tiny Peninsula of Greece has once again become the centre of global attention. Just one year ago the European Union granted Greece a 110 billion euro package to meet its debt obligations, in the hope that Greece will solve its problems in a year and be able to borrow on its own.