Bangkok: Asia stock markets took a beating on Monday as signs that the US economic recovery might be shifting into reverse sent investors fleeing. A report on US hiring and employment in May pushed stock indexes to their biggest declines of the year on Friday. The Dow Jones industrial average fell 275 points, its biggest one-day decline since November. The dismal report came on the heels of earlier data that...
09:24 AM, Jun 04, 2012
New York: The S&P 500 closed above 1,400 for the first time since the 2008 financial crisis on Thursday as stocks resumed the upward climb that has produced a steady stream of gains this year. The benchmark index is up for six of the past seven sessions and is on target for its best week since early February. Financial stocks, which have dragged lately, led the day with the S&P...
09:20 AM, Mar 16, 2012
Mumbai: The BSE Sensex ended the special live trading session on a flat note as investors stayed away from the market ahead of state election results. The session, held today as the Bombay Stock Exchange (BSE) tested its Disaster Recover Site (DR), saw buying in select power, IT and banking stocks; while realty stocks came under selling pressure lower. Shares of EIH gained over 9 per cent after Reliance Industries...
11:49 AM, Mar 03, 2012
Mumbai: The Reserve Bank of India will use all available tools to stem a fall in the rupee if the currency's downward spiral escalates and will take steps to keep liquidity in the country's markets at comfortable levels, a deputy governor said on Saturday. The partially-convertible rupee has fallen around 16.5 per cent from a 2011 high in July as risk-averse investors flee emerging markets, increasing worries for a government...
02:34 AM, Dec 04, 2011
Paris: European leaders rushed on Monday to stop a rampaging debt crisis that threatened to shatter their experiment in a common euro currency and devastate the world economy as a result. In a measure of how rapidly the peril has grown, ideas unthinkable even three months ago were being seriously considered, including having sovereign nations cede control over their budgets to a central European authority. World stock markets, glimpsing hope...
01:36 AM, Nov 29, 2011
Singapore: Bullion gained 1.7 per cent on Tuesday, roaring to all-time highs for a second consecutive session as equity markets dived on growing fears of a global recession after last week's cut in the United States's credit rating. Stock markets in Asia plummeted and the Swiss franc held near a record high after investors fled riskier assets in a global sell-off ignited by fears that political leaders are unable to...
09:44 AM, Aug 09, 2011
Isreal's stocks fell by more than five per cent, others like the UAE stocks are also down up to six per cent. ...
12:13 AM, Aug 08, 2011
New York: The US stock markets closed on a flat note on Friday, after they witnessed wild swings, trading in a range of 400 points during the day. The Dow Jones industrial average ended the day up 61 points, or 0.5 per cent, at 11,444.68. The S&P 500 closed lower by a point, or 0.1 per cent, at 1,199. The Nasdaq composite index shed 24 points, or 0.9 per cent,...
12:07 PM, Aug 06, 2011
New Delhi: With fears of the world heading towards another financial crisis written all over global markets, the Indian market is not likely to be any safe from the carnage. However, in an interview with CNBC-TV18, portfolio manager, PN Vijay says that Friday maybe the 'last tough day' for investors. "I see some resolution, going forward from Fridays mayhem," he says. Vijay further says that right now no one is...
03:16 PM, Aug 05, 2011
Frankfurt: European policymakers tried to turn a more powerful fire hose on the euro zone debt crisis on Thursday but financial markets were unimpressed with their response. The European Central Bank resumed buying government bonds after a four-month break and announced new longer-term funding for liquidity-starved banks. But after a brief hiccup, Italian and Spanish bond yields continued their inexorable climb towards danger levels. The executive European Commission urged holidaying...
10:34 AM, Aug 05, 2011
New Delhi: The much-awaited Rs 8,000 crore follow-on public offer of Steel Authority of India (SAIL) is set to hit the capital market by the end of next month, a source close to the development said. "The FPO will hit the market by May-end. This is final," the source said on condition of anonymity. However, attempts to contact SAIL Chairman CS Verma went unanswered. The FPO of SAIL, in which...
02:46 PM, Apr 07, 2011
New York: A former Goldman Sachs Group Inc director accused of leaking confidential boardroom information has sued US regulators, saying they are trying to unfairly deprive him of a jury trial. Rajat Gupta is fighting civil charges that he tipped one-time hedge fund billionaire Raj Rajaratnam, the central figure in a sprawling insider trading case, about Warren Buffett's plans to invest in Goldman Sachs at the height of the financial...
08:42 AM, Mar 19, 2011
Chicago: Boeing Co Chief Executive James McNerney's compensation was valued at $19.7 million in 2010, up 1.5 per cent from the previous year, as Boeing saw a rebound in commercial airplane orders, Boeing said in its proxy filing on Friday. The figure includes McNerney's salary, bonuses, stock and options award and changes to his pension. McNerney's annual bonus amounted to $4.4 million. Boeing and other aerospace companies are recovering from...
08:37 AM, Mar 19, 2011
Tokyo: Exhausted engineers attached a power cable to the outside of Japan's tsunami-crippled nuclear station on Saturday in a race to prevent deadly radiation from an accident now rated at least as bad as America's Three Mile Island in 1979. Further cabling inside was underway before an attempt to restart water pumps needed to cool overheated nuclear fuel rods at the six-reactor Fukushima plant in northeastern Japan, 240 km (150...
08:10 AM, Mar 19, 2011
Tokyo: Cars lie scattered at a port, a nearby oil plant spews clouds of smoke and shattered factories burn in northeastern Japan signs of the dire hit the nation's economy is taking from a devastating earthquake and tsunami that has killed thousands. The 8.9-magnitude tremor that struck on Friday triggered a wall of muddy waves that swallowed whole towns. Nuclear power stations were disabled and two reactors at one plant...
12:12 AM, Mar 14, 2011
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
