New York: Stocks are surging in early trading after European leaders agreed on a deal to slash Greece's debt. The US economy grew between July and September at its fastest rate in a year, and Dow Chemical Co became the latest big company to report stronger earnings. Global markets soared on Thursday after the European agreement, which is aimed at preventing a two-year debt crisis there from dragging the world...
07:28 PM, Oct 27, 2011
New York: US stocks rose 4 per cent on Thursday as the market bounced back from its recent pummeling and investors cheered results from Cisco and US jobless claims data. Financials shares bounced back sharply after leading losses on Wednesday, with the S&P financial sector up 7 per cent. Labor Department data showed new claims for unemployment benefits dropped to a four-month low last week, a dose of good news...
02:01 AM, Aug 12, 2011
Mumbai: Indian equity benchmarks closed with moderate loss amid extreme volatility on Thursday. The market remained in a consolidation mode since the morning trade and did not react to Wednesday's sharp fall in global markets on talks of credit rating downgrade in France, which commands AAA rating. In the second half of trade today, European markets and US index futures rebounded sharply, rallying 2-3 per cent but they could not...
09:30 AM, Aug 11, 2011
Singapore: Asian stocks rebounded on Wednesday, following a jump in US shares, after the Federal Reserve made an unprecedented pledge to keep interest rates near zero for at least two years, stemming a global equity rout for the time being. But investors remained wary about implication of the central bank's move -- that it expects the US economy to remain weak far longer than previously forecast - supporting demand for...
07:10 AM, Aug 10, 2011
New York: US stocks rose on Friday after the Federal Reserve announced it will allow banks to boost or restart dividend payments this year and the Group of Seven (G-7) backed a plan to bring the Japanese yen down from post-war highs, Xinhua reported. Officials from the G-7 countries agreed on a coordinated currency intervention to support Japan's economy after last Friday's magnitude 9 earthquake. This is first time G7...
07:33 AM, Mar 19, 2011
Obama said there were signs the US economy had turned a corner. ...
09:26 AM, Sep 15, 2009
Goldman reported profit of $ 3.44 billion for the second quarter ended June. ...
11:25 PM, Jul 14, 2009
Goldman shares have gained about 4.7 per cent on Tuesday. ...
02:03 AM, Apr 15, 2009
Colombo: A day after skipper Kumar Sangakkara stepped down, turmoil continued in Sri Lanka's cricket team with vice-captain Mahela Jayawardene also quitting his post and the selection panel offering to resign en masse. Mahela has sent a letter stepping down from vice captaincy. The officials would soon meet to discuss a replacement, Sri Lanka Cricket chairman DS de Silva said. The national selection panel -- headed by Aravinda de Silva...
01:59 PM, Jan 12, 2008
The markets opened weak with moderate losses on the back of weak performance of IT and banking stocks. ...
10:55 AM, Mar 02, 2007
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