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Decisive and diversified
Asia focus, Umesh Pandey, Published on 24/04/2017
» Many critics wrote off Kumar Mangalam Birla when he took the helm of one of India's leading businesses as a 28-year-old rookie. But the reviews in recent years have been mostly positive for the man who has helped build a conglomerate that is among the world leaders in the fields in which it operates.
Rate cuts, stimulus moves help propel global stocks
Business, Published on 08/08/2016
» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.
Asian markets await jobs data with bated breath
Business, Published on 05/10/2015
» Recap: Asian stock markets changed little as investors awaited US jobs data, crucial information for the US Federal Reserve in deciding on its first rate hike in years. However, banking stocks were under selling pressure on investor concerns that larger loan-loss provisions to cushion against rising non-performing loans could erode third-quarter profits.