WORLD MARKET NEWS - Page 58

China’s yuan slides in value after Beijing alters controls

August 11, 2015 09:45 IST

The central bank said the yuan's 1.3 percent fall was due to a change aimed at making its exchange rate controls more market-oriented.

S&P downgrades Greek rating amid cash concernsSubscriber Only

February 8, 2015 02:08 IST

Although the Greek economy has emerged from a brutal six-year recession, the country remains burdened by its debts.

New delisting norms will incentivise promoters: SinhaSubscriber Only

November 23, 2014 03:44 IST

Sinha said the regulations would help address irregularities in the whole process.

European Union lowers growth forecastsSubscriber Only

November 5, 2014 04:11 IST

The tensions might also 'have triggered a wait-and-see attitude among firms,' the officials wrote in a section of the report that focused on Germany.

US launches another probe into investment, trade policies of India

November 5, 2014 03:46 IST

USITC makes no recommendations on policy or other matters in its general fact-finding reports.

Gold slips as $ strengthens on improving US economy

November 4, 2014 04:24 IST

While the prices rose around Diwali, they dropped again following weakness in demand and profit booking along with the weak global sentiment.

Growth in European countries as elusive as quicksilver

November 3, 2014 02:13 IST

A weaker euro not only boosts euro zone exports, it imports inflation, both of which the ECB wants to see.

New ATM charges come into force in six metrosSubscriber Only

November 2, 2014 02:00 IST

Every transaction beyond fifth will be charged Rs 20 per use.

Finance panel gets two-month extension

November 2, 2014 01:54 IST

State plans - Will make Andhra, Telengana proposals

As G20 chases growth goal, members differ on how to get there

September 20, 2014 15:04 IST

Members remain divided on how to get there with Germany pushing back at US calls for more government stimulus.

Yahoo rakes in multi-billion dollar jackpot from Alibaba IPOSubscriber Only

September 20, 2014 13:59 IST

Yahoo is in line to make $8.3 billion to $9.5 billion from Alibaba's initial public offering.

Glance: The biggest IPOs in history

September 6, 2014 16:36 IST

Chinese e-commerce company Alibaba Group is seeking to raise up to $24.3 billion in an initial public offering on the New York Stock Exchange, which would value the company at $163 billion. Those are both IPO records. Here’s a look at some of the largest global IPOs ever, based on records from data provider Dealogic. […]

Surge in gold imports pushes trade deficit to 11-month high

July 17, 2014 02:40 IST

Gold imports up 65% in June to $3.12 bn; exports jump 10.22%.

BNP Paribas CEO says bank facing heavy US fines

June 29, 2014 01:42 IST

US authorities are examining whether BNP Paribas evaded US sanctions relating primarily to Sudan between 2002 and 2009.

‘Indian American accused of insider trading must be jailed’Subscriber Only

June 29, 2014 01:36 IST

Martoma, a father of three, even earned a $9.3 million bonus for himself due to his various trades for SAC.

HSBC Emerging Markets Index inched up to 50.6 in May from 50.4 in April, indicating weak output growth across global emerging markets.

Emerging markets could jeopardise global recovery, unless advanced economies pick up pace: reportSubscriber Only

June 9, 2014 15:23 IST

Economic slowdown in EMs has impacted global export growth and recovery in advanced economies.

IMF, World Bank urge China to reduce finance riskSubscriber Only

June 7, 2014 00:43 IST

The comments add to warnings by private sector analysts that China’s run-up in debt, especially since the 2008 global crisis, could lead to financial problems.