The weekly Journal du Dimanche said that France wants the European Union to agree before the end of 2012 on growth boosting measures worth EUR 120 billion. The newspaper also reported that France has accepted Germany's rejection of its call to issue

The BSE Sensex rose on Thursday, despite losses in other global indexes, as oil stocks rallied on slumping crude prices, while overall sentiment was also bolstered after J.P.Morgan upgraded domestic equities to "overweight." The fall in Brent to an

European stock index futures pointed to a lower open on Friday, with stocks poised to extend the previous session's losses, as bleak U.S. manufacturing data and the downgrade of 15 of the world's biggest banks by Moody rattle investors. At 0602 GMT,

U.K. gross mortgage lending increased 24 percent in May from April, data published by the Council of Mortgage Lenders said Thursday. Lending was estimated at GBP 12.2 billion, up 13 percent from May 2011. CML chief economist Bob Pannell said, "Mortgage

The markets moved in a fairly narrow band in the week under review. The BSE benchmark index touched a high of 17,110 and a low of 16,636 on the first trading day of the week. The Sensex finally ended with a marginal gain of 23 points at 16,973. The

Spanish government bonds had their biggest weekly advance in almost five months and Italian securities rose on optimism policy makers are taking steps to reduce the borrowing costs of the region’s lower-rated nations. Spain’s 10-year yields fell from a

Benchmark share indices witnessed volatility to close the eventful week ended June 22 with marginal gains. The 30-share Sensex inched up 23 points or 0.1% to close at 16,973 and the 50-share S&P CNX Nifty firmed up 7 points or 0.1% to end 5,146. The

It is reported that Chinese steel producer Chongqing Steel Group steel plate output on June 16 reached 8,945 tonnes while its output of pig iron on June 17 amounted to 17,318 tonnes marking a new record daily pig iron output since the relocation of the

Unemployment in Mexico decreased less than economists expected in May, after increasing in the previous month, data released by statistical office INEGI showed Friday. The unadjusted unemployment rate decreased to 4.83 percent in May from 4.86 percent in

India sold 150 billion rupees ($2.6 billion) of bonds on Friday and the Reserve Bank of India set a cut off price of 105.95 rupees, yielding 8.3672 percent on the 9.15 percent 2024 bonds. The cut off was lower than the 8.3772 percent forecast in a

City Union Bank is in the process of seeking approval of market regulator, SEBI for raising Rs 400 crore through a rights issue, a top official said on Friday. “We will be filing documents to get the approval from SEBI. It will happen in two or three

China Knowledge reported that China Shipbuilding Industry Corp or CSIC, the parent of China Shipbuilding Industry Co Ltd plans to issue CNY 1 billion worth of unsecured medium term notes with a maturity of five years on the interbank market on June 28.

Japan's Nikkei average slipped on Friday as investors brooded over flagging manufacturing activity in the United States, Europe and China, but the key share index still sneaked in its best weekly gain in four months. Losses were curbed as a weaker yen