World Markets

  • Indonesia overtakes India as the most optimistic market May 1, 2013

    London: Indonesia overtook India as the most optimistic consumer market globally, according to a survey by global information and insights company Nielsen. Japan, where the central bank has aggressively boosted economic stimulus, reported its highest consumer confidence score since 2006 although Japanese were still very cautious about the outlook. Global consumer...
  • Wall Street trips and falls on cloudy Italian election February 26, 2013

    New York: Stocks on Monday suffered their biggest drop since November after a strong showing in Italian elections by groups opposed to the country's economic reforms triggered worry that Europe's debt problems could once again destabilize the global economy. The decline marks the biggest percentage drop for the benchmark Standard...
  • Asian stocks rise after Greek vote eases fears June 18, 2012

    Tokyo: Asian stock markets climbed early on Monday after elections in Greece eased fears of global financial turmoil. Tokyo's benchmark Nikkei 225 index was up 2.1 per cent, at 8,749.31. Hong Kong's Hang Seng rose 1.8 per cent to 19,578.13. Australia's S&P/ASX200 rose 1.6 per cent to 4,123.30. South Korea's Kospi...
  • US debt deal to affect world markets August 2, 2011

    The US House of Representatives passed the debt ceiling bill. The US Senate will now vote on the deal. ...
  • Egypt chaos disrupts global business February 1, 2011

    Following the turmoil in Egypt, many banks are closed and commerce is paralysed. ...
  • Infosys seeing increase in outsourcing deals March 10, 2010

    Mumbai: IT major Infosys Technologies has witnessed an increase in outsourcing deals as all major markets are back on the recovery track, a top company official said. "What has changed in the last two quarters is that the markets have improved and deals are coming back. We see more deal-flows," Infosys'...