London: One man armed with only a computer terminal humbled a venerable banking institution yet again. This time it was Swiss powerhouse UBS, which said on Thursday that it had lost roughly $2 billion because of a renegade trader. The arrest of 31-year-old equities trader Kweku Adoboli in London is one more headache for troubled international banks, and fresh proof that they remain vulnerable to untracked trading that can produce...
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11:56 PM, Aug 09, 2011
Mumbai: A benchmark index of Indian equities on Thursday moved 313 points higher in afternoon trade, going well past the 20,000-mark. The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,951.34 points, was ruling at 20,185.2 points, up 313.05 points or 1.57 per cent, from its previous close at 19,872.15 points. At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at...03:15 PM, Oct 21, 2010
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Equities as an asset class will never disappoint you. Have patience. ...04:25 PM, Jan 06, 2009
Long-term equity investing as an asset class is better than other investment avenues. ...11:44 AM, Dec 17, 2008
The 30-share sensitive index (Sensex) of the BSE opened higher. ...11:32 AM, Dec 17, 2008
The overall situation however remains negative. ...05:26 PM, Dec 04, 2008
Markets on Tuesday ended weak and investors need encouraging signs. ...10:20 AM, Dec 03, 2008
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