Asian shares fell on Thursday after Italy’s record-high cost of borrowing renewed fears over the eurozone debt crisis. Japan’s Nikkei index fell 2.9%, South Korea’s Kospi shed 3.8% while Hong Kong’s Hang Seng dropped 4.4%. The falls in Asia followed losses in the…
Continue reading...A flag flutters outside New York Stock Exchange Stocks Plunge as Italy Fans Crisis Fears; VIX Jumps
NEW YORK (Reuters) – Wall Street tumbled on Wednesday in its worst day since August, as a spike in Italian bond yields signaled the European debt crisis was getting worse. The Dow Jones industrial average dropped 389.31 points, or 3.20 percent, to 11,780.87, according to the latest…
Continue reading...Markets to remain closed on 10-11-11
Markets to remain closed on 10-11-11 on account of Gurunanak Jayanti …
Continue reading...Poll-bound Maya sweetens deal for sugarcane farmers
UP next: Trifurcation of state, reservation for Muslims. With an eye on the 2012 Assembly elections, Uttar Pradesh chief minister Mayawati has lined up an array of poll sops for her state. The first was unveiled today: a hefty Rs 40 a quintal rise in the support price for sugarcane. Whil…
Continue reading...World stocks respond to signs of Greece’s progress
Pamela Sampson, AP Business Writer, On Tuesday November 8, 2011, 4:08 am EST BANGKOK (AP) — Asian stock markets struggled but European shares advanced Tuesday as fears that Italy could become the next domino to fall in Europe’s debt crisis were muted by Greece edging back fro…
Continue reading...Stocks Edge Up in Volatile Trade as Debt Worries Turn to Italy; Dow Breaks 12,000
David K. Randall, AP Business Writer, On Monday November 7, 2011, 2:21 pm EST NEW YORK (AP) — U.S. stock indexes wobbled between small gains and losses in afternoon trading Monday as investors worried that Europe’s debt crisis would spread to Italy. Italy’s borrowing r…
Continue reading...SKS’ woes mount, reports Rs 385-cr loss in Q2
SKS Microfinance’s net loss mounted to Rs 385 crore in the quarter ended September 30, as shrinking income, rising expenses and higher provisions dragged India’s largest micro-lender’s earnings. It had registered a profit of Rs 80 crore during the same period last year. In the firs…
Continue reading...Markets to remain range-bound this week: experts
Dalal street is expected to remain range-bound this week and corporate earnings and global cues, especially developments related to Greek debt turmoil, are likely to set the tone, say experts. The week will see stock-specific activity amid second quarter earnings announcements. Besides, …
Continue reading...Stock market to remain closed on Monday (07-11-11)
Indian Stock market (NSE/ BSE) to remain closed on Monday (07-11-11) on account of Bakri-Id …
Continue reading...Greek solution shouldn’t hit developing world: PM
Prime minister bats for common standards to be implemented in all jurisdictions. If the richer decided to concentrate on the Greek tragedy and let the development agenda take a back seat on the opening day of the G20 summit here, the Indian government made it clear that any bailout shoul…
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