Banco Santander Brasil SA (BSBR) fell after a newspaper report discouraged speculation that a significant stake in the company may be sold. Santander retreated 1.1 percent to 15.87 reais at the close in Sao Paulo after earlier dropping as much as 3

Global markets rallied on Tuesday, despite rising concerns over Spain’s debt troubles. In Asia, expectations for a new stimulus package from China helped boost the region’s indexes. The Shanghai Composite rallied 1.2% to 2389, and the Hang Seng jumped

Centrais Eletricas Brasileiras SA (ELET6), South America’s largest power generator, rose the most in a month after reporting a first-quarter profit that exceeded analysts’ estimates. Shares of Eletrobras, as the company is known, gained 2.5 percent to

China Knowledge reported that China Shandong Dazhong News Co plans to issue CNY 500 million worth of unsecured medium-term notes with a maturity of three years on the interbank market on June 5. The company said in a statement that the notes will be

The Nifty pared most of the intraday losses on the back of short coverings and closed above 4,900 on the expiry day of May F&O series. Losses were led by auto, banking and capital goods sectors while realty and technology stocks closed higher. The Nifty

European shares rose on Thursday, recovering some of their poise after the previous session's sharp losses, but were still set for their worst month since August, as concern over Spain's financial problems took its toll on investor sentiment. The

Spain's current account deficit decreased from last year in March, buoyed by a notable fall in foreign trade deficit, data released by the central bank showed Thursday. The current account deficit decreased to EUR3.238 billion in March from EUR5.388

The BSE Sensex and the NSE Nifty ended the day down 93 points and 26 points, respectively partly due to weak global cues and poor GDP numbers. The Sensex closed at 16,218, while the Nifty closed at 4,924. Although the Indian markets opened sharply lower

Growth of eight core sector industries has slowed down to 2.2 per cent in April 2012 against 4.2 per cent in the same month last year. For 2011-12 fiscal, the growth has declined to 4.4 per cent against 6.6 per cent in the previous fiscal.

China Knowledge reported that Anhui Huaihai Industrial Development Group Co announced that it plans to issue CNY 400 million worth of secured medium-term notes with a maturity of three years on the interbank market on Jun. 6. The company said in a

China Knowledge reported that Chongqing Iron & Steel Co Ltd a manufacturer and distributor of iron and steel products plans to buy all the assets related to the iron and steel base in Changshou District from its controlling shareholder Chongqing Iron and

European shares fell sharply on Wednesday and looked poised for further jitters amid signs Spain's economic and banking crisis was deepening and on renewed concerns Greece may fall out of the euro zone. Spain's Ibex 35 index fell 2.6 percent to fresh

Future Capital Holdings reported a 23 per cent increase in profits for Q4 of FY 2012 at Rs 27 crore. Income for the period was up 12 per cent at Rs 94 crore. For the full fiscal, profits rose 115 per cent to Rs 106 crores, on an 81 per cent increase in