American Market News for 11 Dec 2017
Gold prices ticked up amid a softer dollar, but lacked impetus to push higher weighed by expectations of an increase in interest rates in the US
Markets will also watch consumer price index (CPI), index of industrial production (IIP) and wholesale price index (WPI) data to be announced this week
At 9.15am, the rupee was trading at 64.40 a dollar, up 0.09% from its Friday's close of 64.46
Less than three hours after the debut of Cboe Global's bitcoin futures, the contracts climbed as much as 14% and triggered a two-minute trading halt designed to cool volatility
The partnership between ASX and Digital Asset (DA) has been hailed as the first practical application of blockchain technology in mainstream securities clearing and settlement, but don't expect it to... usher in a new era of innovation and openness.
Over a year ago, the Indian government withdrew more than 86% of its currency from the system, and forever changed the country's business landscape. These are some of the startups helping to usher... India into a new era of cashless economy.
In other news, Tata Motors reaches fourth spot in domestic car market
Within financial services, while the weightage of retail banks has risen sharply, state-owned lenders have been laggards, given their stressed balance sheets
It is well-known that the realty sector is rife with myriad such cases of defaults in delivery timelines, but why single out Unitech?
Sector wise, smaller-sized companies operating in real estate, automobile and infrastructure saw their profits decline the most in the September quarter
The share of construction in gross value added has been steadily falling
Economic growth and government reforms will be the theme of the market for the next one year, says Mark Mobius of Templeton Emerging Markets Group