Singapore shares rose by midday, tracking gains in Asian markets after technology bellwether Apple reported upbeat earnings. By 0500 GMT, the Straits Times Index was up 0.87 percent, or 24.70 points, at 2,874.08. Around 692.4 million shares worth S$776.4

While the Nifty's surge by 81 points (the BSE sensex was up by about 244 points) reflects the upturn witnessed by the market on Tuesday in the wake of the CRR cut announced by the RBI, a closer reading of the Nifty stocks shows that much of the momentum

The BSE Sensex rose 0.4 percent early on Tuesday, led by engineering conglomerate Larsen & Toubro Ltd , ahead of the Reserve Bank of Indias rate decision due at 11 a.m. (0530 GMT). At 9:18 a.m. (0348 GMT), the 30-share BSE index was up 0.35 percent at

The BSE Sensex crossed the 17k mark to 10-week high as RBI cut cash reserve ratio (CRR) to infuse liquidity in the system before easing a little to close at 16,995.77 - up 244 points or 1.46 per cent. The Bombay Stock Exchange 30-share barometer opened

The BSE Sensex rose 1.46 percent on Tuesday to its highest close in 10 weeks, after the Reserve Bank of India signalled a policy shift towards reviving growth, boosting appetite for stocks in Asia's third largest economy. Banks led the gains after the

Deutsche Bank has won Islamic Finance news “Best Islamic Trustee/Custodian 2011” Award. In addition, Deutsche Bank received the awards for "Project Finance Deal of the Year 2011" and "Saudi Arabia Deal of the Year 2011" recognizing Deutsche Securities

Shares of semiconductor maker Gennum Corp. jumped almost 120% on Tuesday following news that California-based Semtech Corp. agreed to buy the Canadian company in a deal worth about $500-million. Under the terms of the agreement, announced after the close

The U.K. economy contracted more than expected in the fourth quarter of 2011, preliminary estimates from the Office for National Statistics showed Wednesday. Gross domestic product dropped 0.2 percent from a quarter ago, after expanding 0.6 percent in

Indian markets ended the session in the green today on sustained buying by foreign funds and retail investors on positive cues from the global market. At 3.30 p.m., the 30-share BSE index Sensex was up 52.89 points or 0.31 per cent at 17,048.66 and the

Malayan Banking Bhd (Maybank) is targeting a double digit growth in the remittance business for financial year 2012. Remittance had grown into a significant business and customers were drawn by competitive pricing and convenience, said B. Ravintharan,

Union Bank has reported a net profit of Rs 197 crore for the October-December quarter of FY12, decreased 66%, as compared to Rs 579.57 crore in the corresponding quarter last year. Provisioning of the bank is posted at Rs 973 crore vs Rs 400 crore y-o-y.

The markets began the trading session on a positive note with the BSE Sensex having opened at 17,039, up 43 points and the Nifty at 5,138 up 10 points. They are expected to be volatile on the back of global cues and the F&O expiry for the January series

The Nikkei average climbed to a fresh three-month high on Wednesday, boosted by gains in blue-chip exporters such as Toyota Motor, while market attention turned to a Federal Reserve meeting later in the day from stalled talks on Greek debt. Exporters