Search Results for: equity and debt

People walk past the Bombay Stock Exchange (BSE) building in Mumbai (Reuters)

Modi's Victory to Trigger Big Shares Sale, IPO May have to Wait

Narendra Modi's landslide election win is set to trigger billions of dollars in share sales by Indian companies riding market optimism, but big-ticket IPOs may have to wait until the new leader proves he can deliver on promised reforms.

May 20, 2014

Thailand Wakes up to Martial Law, 'Not a Coup' Says Army

Thailand's army declared martial law nationwide on Tuesday to restore order after six months of street protests that have left the country without a proper functioning government, but denied that it was staging a military coup.

May 20, 2014

RBI Buying Dollars to Halt Rupee Gains - Traders

The Reserve Bank of India was spotted buying dollars via state-run banks starting around 58.47, which was the rupee's strongest level in 11 months, three traders said.

May 19, 2014

In his last address to the nation, PM Manhoman Singh has said that he tried his best in serving nation.

With a Dubious Legacy, the "accidental" Premier Bows Out

When it was clear that he was set for a stunning election victory last week, Narendra Modi sent a message that read simply "India has won": It instantly set a record as the country's most retweeted Twitter post.

May 19, 2014

Tried my Best in Serving Nation, Says Manmohan Singh in Last Address

In his last address to the nation, PM Manmoman Singh has said that he tried his best in serving nation.

May 17, 2014

Stronger Yen Hits Japan Shares, Lower Yields Pressure Dollar

Asian shares were under pressure on Friday, with Japanese stocks skidding as the yen rose against the dollar, which has struggled in recent days on the back of lower U.S. Treasury yields.

May 16, 2014

A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

State Banks to Seek Market Funds on Modi Growth Hopes

State banks plan to tap capital markets for billions of dollars after a new government takes office, executives and bankers say, betting on a revival in credit demand and giving them a chance to shore up battered balance sheets.

May 16, 2014

Rupee Hits Near 10-month High, Biggest Gain in Three Weeks

The rupee strengthened to its highest level in about 10 months on Thursday, while also posting its biggest single-day gain in nearly three weeks on the back of sustained dollar inflows into domestic shares ahead of election results.

May 15, 2014

MSCI Reclassifies Stock Indexes, adds Twitter to World Index

Equity index provider MSCI reclassified equities across a broad spectrum of markets on Wednesday as part of its semi-annual review, adding among others U.S. social networking company Twitter Inc TWTR.N to its world index.

May 15, 2014

Asian Shares Tread Water, Bonds Supported

Asian shares pared early losses on Thursday but held below the previous session's one-month highs, while expectations of credit easing by the European Central Bank knocked yields on U.S. and European bonds.

May 15, 2014

Asia Sidesteps Ukraine Woes, Vote Hopes Spur Indian Stocks

Asian shares and the dollar rose on Tuesday as tensions in Ukraine were eclipsed by a strong night on Wall Street, with Indian equities rallying hard on hopes an election victory for the business-friendly opposition party would spur a revival in the region's third-biggest economy.

May 13, 2014