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Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.Since then, Brent crude futures have risen 45 percent. If that is sustained or even increased throughout this year, inflation next year could rise significantly, posing questions for policymakers largely committed to ultra-loose ...
World shares hit a new high on Monday, with European stocks joining the rally after early falls, as investors looked ahead to central bank meetings this week and put aside worries over Greece.The dollar edged up but held close to Friday's 2 1/2-week lows, after weak U.S. data on Friday reinforced expectations the Federal Reserve would not raise interest rates any time soon.The stock rally looked set ...
Gold prices fell by Rs 110 to Rs 27,050 per 10 grams at the bullion market here today on easing demand from jewellers and retailers even as the metal strengthened overseas. However, silver prices recovered by Rs 150 to Rs 36,500 per kg on scattered buying from industrial units. Traders said slackened demand from jewellers and retailers at prevailing higher levels mainly weighed on gold prices but a ...
Pure-play silver miners, a niche investment market popular with retail investors, are moving up the endangered list.Buffeted by a 68 percent plunge in the price of silver since 2011, miners who traditionally made most of their money from silver are increasingly diversifying into gold, buying mines that have been put up for sale and looking to acquire more.In addition to spurring deals in the precious ...
By Thomas Atkins and Kathrin Jones FRANKFURT (Reuters) - A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said.      Deutsche Bank, Germany's biggest lender, has spent much of this year looking at ways of reconfiguring ...
* Apple shares up after the bell following results * Amgen's fall drags downs biotech stocks * Celladon nosedives on lead drug's trial failure * Indexes down: Dow 0.23 pct, S&P 0.41 pct, Nasdaq 0.63 pct (Updates close with volume, Apple gains after the bell) By Caroline Valetkevitch April 27 (Reuters) - U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing ...
Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.Since then, Brent crude futures have risen 45 percent. If that is sustained or even increased throughout this year, inflation next year could rise significantly, posing questions for policymakers largely committed to ultra-loose ...
Ferdinand Piech, who resigned as chairman of Volkswagen over the weekend, sowed the seeds of his own demise by reneging on a deal to support CEO Martin Winterkorn and secretly plotting to oust him instead, according to sources close to the VW board.When news leaked out last week that Piech had been lobbying family members behind the scenes to install Matthias Mueller, the chief executive of Porsche, ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
(Reuters) - Time Warner Cable Inc is open to merger discussions with Charter Communications Inc following a failed $45 billion bid by Comcast Corp , according to people familiar with the matter. Friendly negotiations between the two companies would be in sharp contrast to their acrimonious exchanges in 2013 and early 2014 that ended with Time Warner Cable rejecting unsolicited approaches by Charter ...
* Apple shares up after the bell following results * Amgen's fall drags downs biotech stocks * Celladon nosedives on lead drug's trial failure * Indexes down: Dow 0.23 pct, S&P 0.41 pct, Nasdaq 0.63 pct (Updates close with volume, Apple gains after the bell) By Caroline Valetkevitch April 27 (Reuters) - U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing ...
By Renee Maltezou and Deepa Babington ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations. An anti-austerity economist who has angered peers with his brash style, Varoufakis is facing calls to ...
BERLIN (Reuters) - Investors hope that Volkswagen will be able to revive profitability at its core division, cure underperformance overseas and bury lingering plans for acquisitions after the resignation of Chairman Ferdinand Piech. Piech, the mastermind of VW's global expansion and a towering figure at the German group for more than two decades, stepped down on Saturday after losing a showdown he ...
By Aditi Shah NEW DELHI (Reuters) - Maruti Suzuki India Ltd, the country's top-selling car maker, plans to push deeper into smaller towns and villages to increase sales, its chairman said on Monday, after the company reported a forecast-beating rise in quarterly net profit. Maruti expects its push into rural areas will help expand its market share at a time when competition in bigger cities is ...
(Repeats to add editing credit in signoff) * Q4 net up 61 pct to 12.84 bln rupees vs f'cast 10.9 bln * To increase rural reach by 20 pct in the year started April 1 * Sees passenger vehicle sales growing 11 pct this fiscal year (Adds executive comments, details) By Aditi Shah NEW DELHI, April 27 (Reuters) - Maruti Suzuki India Ltd , the country's top-selling car maker, plans to push deeper ...
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