France Public Debt Rises To 89.3% In Q1
(RTT News
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30/06/2012)
France's general government debt rose for the second consecutive quarter to EUR 1.789 trillion in the first three months of the year, data released by the statistical office INSEE showed Friday. In the fourth quarter of 2011, the debt figure was EUR
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India Jan-Mar Current Account Gap At Record High
(RTT News
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30/06/2012)
India's current account deficit widened to a record level in the January to March period due to imports climbed more than exports, data released by the Reserve Bank of India revealed Friday. The ballooning current account deficit left the balance of
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JSW targets 20pct growth in crude steel output in 2012-13
(Steelguru
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30/06/2012)
Business Standard reported that JSW Steel plans to raise crude steel production 20 to 22% to about 9 million tonnes during 2012-13. The planned production is higher than its guidance for the year. The company is keenly awaiting the resumption of mining
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BSE Sensex gains on power utilities, infrastructure
(Business Standard
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29/06/2012)
The BSE Sensex rose on Wednesday as power utilities gained after a proposed tariff hike in New Delhi, while infrastructure stocks such as BHEL advanced on hopes for a renewed push by the government to increase investment in the sector. Sentiment was also
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Sensex to gain 10 pct by year-end: Reuters Poll
(Reuters
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29/06/2012)
The BSE Sensex should gain 10 percent between now and the end of the year, though only reaching levels seen in July 2011, provided economic growth recovers from a recent lull, a Reuters poll showed on Thursday. The 30-share BSE index will rise to 18,750
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BSE Sensex ends flat in trade; reforms key
(Reuters
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29/06/2012)
The BSE Sensex rose slightly on Thursday ahead of the EU summit later in the day, although hopes for policy reforms after Prime Minister Manmohan Singh temporarily assumed control of the finance ministry supported sentiment. Reuters reported Singh will
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Markets hover around day highs
(Business Standard
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29/06/2012)
Markets firmed up further to trade near day highs as Prime Minister Manmohan Singh who took additional charge as the Finance Minister yesterday has started plans to put the country's sluggish economy on a revival path. The gains were led by Infosys, ITC
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CANADA STOCKS-TSX falls sharply as EU summit worries grow
(Reuters
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29/06/2012)
Canada's main stock index fell sharply on Thursday as investors grew skeptical that a major European Union summit would make progress on fixing the region's debt crisis. The market was pulled down by financial issues and the heavyweight materials group,
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Sensex ends flat in volatile trade
(The Hindu Business Line
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29/06/2012)
The BSE Sensex and NSE Nifty ended the day marginally up by 23 points and 7.25 points. There was much volatility during the trading session due to the F&O expiry. Sensex closed at 16,990 while the Nifty closed at 5,148. The markets ended on a flat note
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Nifty, Sensex lacklustre; European market down on BoE comments
(Money Control
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29/06/2012)
The BSE Sensex and NSE Nifty dropped marginally amid volatility in afternoon trade due to fall in European markets. Tata Motors fell more than 2% as company shut down its Jamshedpur plant for three days due to prevailing economic conditions; the stock
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Sensex, Nifty end flat; Kingfisher down, Manappuram soars
(NDTV Profit
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29/06/2012)
Indian stocks closed with modest gains for a second straight day Wednesday. The lacklustre trade saw the Sensex moving in a 100 point range, and the Nifty confined in a 30 point band. The rupee traded marginally lower at 57.10 against the dollar at 03.42
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Positive U.S. news drives Toronto Stock Exchange upward
(The Canadian Press
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29/06/2012)
The TSX closed higher Wednesday as data from important U.S. sectors was positive, but traders remained cautious ahead of a meeting of eurozone leaders later this week. The S&P/TSX composite index added 76.52 points to 11,410.94 with most sectors in
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At the open: TSX makes modest gains
(The Canadian Press
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29/06/2012)
The Toronto Stock Exchange pushed higher just after it opened as commodity prices recovered some lost ground ahead of a meeting of eurozone leaders later this week. The S&P/TSX added 31.93 points to 11,366.35. The Canadian dollar shed 0.11 of a cent to
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CANADA STOCKS-TSX drops as EU summit worries grow, Tahoe sinks
(Reuters
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29/06/2012)
Canada's main stock index fell sharply on Thursday as investors grew skeptical that a major European Union summit would make progress on fixing the region's debt crisis. The market was pulled down by financial issues and the heavyweight materials group,
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CANADA STOCKS-Energy shares lift Toronto stocks
(Reuters
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29/06/2012)
Canada's main stock index ended higher on Wednesday, lifted by strength in oil prices on strong U.S. manufacturing data, but investors remained cautious ahead of a European Union debt crisis summit. The Toronto Stock Exchange's S&P/TSX composite index
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High fiscal deficit rules out stimulus
(Business Standard
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29/06/2012)
Reserve Bank of India (RBI) Governor D Subbarao has ruled out the possibility of a fiscal stimulus, noting the Budgetary deficit was high. In addition, the central bank said, the large current account deficit being financed by debt threatened long-term
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Chinese Industrial Companies’ Profits Drop for Second Month
(Bloomberg
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29/06/2012)
Chinese industrial companies’ profits fell for a second month in May, a government report showed today, as slowing economic growth hurt corporate earnings. Income dropped 5.3 percent from a year earlier to 390.9 billion yuan ($61 billion), the National
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Asian Stocks Drop Amid European Talks as Yen, Oil Rally
(Bloomberg
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29/06/2012)
The yen rose, U.S. equity index futures fell and rubber slid on the last trading day of the first half as European leaders disagreed over the next steps to end their debt crisis and Japan’s factory output slumped. Most Asian stocks rose, while oil
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KL shares rebound in early trade
(Business Times
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29/06/2012)
Share prices on Bursa Malaysia rebounded to trade higher this morning with finance and palm-oil related counters lending support. At 9.20am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.7 points higher at 1,599.94 after opening 0.20 of a point better at
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US stocks end slightly lower
(Business Times
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29/06/2012)
US stocks slashed steep early losses in the last hour of trade on Thursday to end moderately lower, amid short covering and hopes that EU leaders would agree measures to stem the eurozone crisis. Falls in tech stocks ruled the day as the US Supreme
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German Unemployment Climbs As Euro Crisis Escalates
(RTT News
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28/06/2012)
German unemployment increased in June as firms shed jobs amid the growing uncertainty surrounding the Eurozone debt crisis and the rising threat of contagion to bigger economies. Data from the Federal Labor Agency revealed that unemployment rose by 7,000
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Hong Kong shares fall, Shanghai slips into the red for 2012
(Reuters
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28/06/2012)
Shanghai shares slipped into the red for the year on Thursday, recording a seventh-straight daily loss that reversed midday gains in Hong Kong ahead of a Europe summit that is keeping many investors on the sidelines. The Shanghai Composite Index closed
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Weaker banking stocks drag down European shares
(Reuters
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28/06/2012)
European shares fell on Thursday, led lower by weaker banking stocks, as investors grew increasingly sceptical that concrete measures would be agreed upon at the latest European Union summit to tackle the region's debilitating debt crisis. The
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U.S. Stock Futures Decline Before European Union Summit
(Bloomberg
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28/06/2012)
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will snap a two-day rally, before European leaders meet for a two-day summit. JPMorgan Chase & Co. (JPM) fell in Germany after the New York Times reported its credit derivative trading
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U.K. Stocks Drop as Spanish Bond Yields Surge
(Bloomberg
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28/06/2012)
U.K. stocks fell as Spanish sovereign-bond yields climbed above 7 percent for the first time in a week before European Union leaders begin a two-day summit to discuss the region’s debt crisis. HSBC Plc and Barclays Plc led banking shares lower. Debenhams
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