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Standard Chartered rejects Iran money laundering claims
AFP, Published on 08/08/2012
» LONDON: Shares in emerging markets specialist Standard Chartered Bank plunged Tuesday after US regulators charged that it hid $250 billion in deals with Iranian banks in violation of US sanctions.
Euro tumbles on Spain fear
AFP, Published on 29/05/2012
» European equity markets advanced on Tuesday but the euro tumbled on fears that debt-plagued Spain could be forced to seek a bailout as sovereign borrowing rates spiked close to danger levels.
India bourse open to foreign investors
AFP, Published on 01/01/2012
» India announced on Sunday that it would open up its stock market to individual foreign investors for the first time, in a major economic reform designed to boost overseas investment.