APN News

  • Tuesday, April, 2024| Today's Market | Current Time: 05:12:37
  • Gold likely to look up in the coming days

    Drop in dollar and China’s move to relax rules on trading the yellow metal Says Sangeeth Cherian Gold is poised for its first weekly advance in almost two months as the dollar declined for the ninth straight week against major currencies and investors priced in China’s move to relax rules on trading the metal. Gold […]

    Rupee declines 7 paise against dollar in early trade

    Mumbai: The rupee on Thursday depreciated by 7 paise against the dollar in early trade weighed down by the US currency’s gain overseas. At the Interbank Foreign Exchange market, the domestic unit was quoted 7 paise lower at 46.23 a dollar. The rupee had settled steady at 46.16/17 a dollar in the previous session. Dealers […]

    Asian trade slide the Oil prices

    Oil prices headed down in Asian trade Thursday despite a dip in US crude reserves as distillate and gasoline inventories unexpectedly rose, analysts said. New York’s main contract, light sweet crude for delivery in September, fell 15 cents to USD 82.32 a barrel. Brent North Sea crude for September delivery shed two cents to USD […]

    Rubber Futures Volume Up in NMCE

    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 to sell billion-dollar bond in September

    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 […]

    Multiformat Transcoder Market Will More Than Double by 2014, In-Stat Says

    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 Dips on Weak Economic Data

    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 Stock Tumbles as Oil Spill Probes Announced

    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 […]

    Yellow Metal jumped 213% in a Decade

    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 […]

    Market Watch: Sensex may further advance and Investors can prefer BlueChips

    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 […]