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Japanese stocks edged down on Wednesday as investors cautiously awaited a slew of U.S. economic data and a holiday-shortened U.S. trading week dampened risk appetite, while Honda Motor Co fell sharply after under-reporting accidents.The Nikkei benchmark ended 0.1 percent lower at 17,383.58. U.S. durable goods and initial jobless claims figures are among data due later in the day.Honda tumbled 2.9 percent ...
Reserve Bank of India Governor Raghuram Rajan has called for large wilful defaulters to be recognised as freeloaders, adding they shouldn't be lionised as industry captains.Delivering the third Verghese Kurien lecture at the Institute of Rural Development Anand (Irma) on Tuesday, he added in recent years, the sanctity of the debt contract had been continuously eroded in India by large borrowers. The ...
Gold dipped from $1,200 an ounce on Wednesday as equities rose on optimism over the U.S. economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves.The gold market has been in a tight range this week, lacking direction ahead of the U.S. Thanksgiving holiday on Thursday and the Swiss referendum on Sunday.The metal has seen quiet trading since recovering ...
Following reports of a sharp increase in the import of gold from Switzerland, Indian authorities have started investigating whether unaccounted money parked by Indians in banks these is entering India in the form of gold. From this year, Swiss authorities have started disclosing that country's import, as well as export, of precious metals. Between January and October, Switzerland exported 380 tonnes ...
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