Rubber likely to cntinue bull run says Sangeeth C Cherian Rubber Climbs to Two-Week High on Speculation China Demand to Keep Growing Rubber advanced to a two-week high on speculation that demand in China, the world’s largest consumer, will keep growing after Sumitomo Rubber Industries Ltd. said it will expand tire output in the nation. […]
Sri Lanka on Wednesday said it would issue a billion-dollar sovereign bond in September to help rebuild infrastructure after the end of a nearly four-decade civil war with Tamil separatists last year. The move comes just over a year after the government was forced to go to the International Monetary Fund (IMF) for a bailout […]
SCOTTSDALE, Ariz., August 3, 2010-The continuing explosion of video content delivered over the Internet and through mobile video services will drive the multiformat transcoder market to more than double its revenues by 2014, reports In-Stat (http://www.in-stat.com). Multiformat transcoder products were developed to take in content in one format and output it in another, often at […]
Wall Street dipped on Tuesday as weak data stirred concerns on economic recovery. All major indexes fell about 0.5 percent at the closing. The Commerce Department reported that personal spending and incomes were flat in June, while the personal savings rate rose to the highest level in nearly a year. Meanwhile, another report from the […]
BP’s stock plummeted and took much of the market down with it on Tuesday, as the US federal government announced criminal and civil investigations into the Gulf of Mexico oil spill. BP engineers, meanwhile, were mounting a renewed effort to stop the gusher, with a method which will initially make the leak worse. Attorney General […]
Gold is the safest for long term investment says SANGEETH C.CHERIAN The yellow metal has done extremely well in times of financial crisis: While stocks slumped 43% Through the 1970s gold bounded 73% higher. During the 1987 market crash gold held its value and gained over 4%. And as markets suffered from 2000 into 2002 […]
By Sangeeth C Cheriyan Equity market across the globe has been volatile since last one year. This condition has hardly helped the investor either to quit the market or book the profit. In such a scenario one needs to be so vigilant and wise in making decisions to buy or sell. True, the Indian stock […]
By Sangeeth C Cherian The equity market has been volatile since last one year. Perhaps this condition neither help the investor to quit the market nor book the profit, so one needs to be vigilant and wise on any decision of buying or selling. True, the Indian stock market was not doing well since last […]
Wall Street declined on Thursday after a Federal Reserve official made cautious comments on the U.S. economy. The market was higher at the open on Thursday after data from the Labor Department showed the number of people filling for jobless benefits dropped by 11,000 to 457,000 in the week ended July 24, basically in line […]
The Indian rupee appreciated by 7 paisa to 46.68 a dollar in early trade on the Interbank Foreign Exchange Thursday, largely on the back of fresh capital inflows by foreign funds and dollar’s losses against other currencies. The rupee had lost 9 Paisa at 46.75/76 against the dollar in Wednesday’s trading. Forex dealers said capital […]
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