Showing 1-7 of 7 results
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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.
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Green shoots of revival seen in Indian economy
Asia focus, Narendra Kaushik, Published on 20/01/2020
» Manish Sharma finally has a smile on his face. The general manager for sales at Competent Automobiles, one of the top Maruti Suzuki dealers in India, Mr Sharma had something to crow about in December.
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Money mess
Asia focus, Narendra Kaushik, Published on 05/12/2016
» Saurabh Goyal is facing the worst time of his life. The director of BD Green Homes, a New Delhi real estate company, he has not made a single property deal since the government launched its surprise demonetisation campaign.
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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.
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Oil slips, Asian stocks climb
Published on 15/01/2015
» HONG KONG — Oil prices resumed their downward spiral in Asia Thursday after rallying in the previous session on bargain-buying, while the dollar recovered after plunging in New York in reaction to disappointing US retail sales data.
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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.
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India cuts reserve ratio, holds key rate
Published on 30/10/2012
» India's central bank has cut lenders' reserve requirements to back a policy revamp by the government aimed at reviving growth, while leaving interest rates unchanged to fight price pressures.
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