Market News

High inflation continues to dictate RBI's stance. But special festival offers may be attractive

Investor sentiment may be great, but that doesn't necessarily mean that capex of Indian firms is going to increase in a hurry

A federal judge in New York City Monday found Argentina in contempt of court for failing to repay the debt it owes two U.S. hedge funds before it pays other bondholders, something the judge ordered in July. U.S. District...

Argentina's central bank plans to pay local lenders rather than American creditors for its debt Tuesday, exactly the opposite of what a U.S. judge ordered the South American country to do. It's just the latest chapter in...

Why did Bradley Cooper and Jessica Alba fail to record a tip when they paid their cabbies during New York City taxi rides back in 2013? Why was Cooper near a Mediterranean restaurant in Greenwich Village? Why was Alba at...

The hardest hit will be South Korea, as exports to China make up around 31% of its overall exports

The possibility of a rate cut arises only if the consumer inflation rate reaches a level of 6% or below by January 2016

Considering the headwinds plaguing the sector, analysts fear that REC and PFC may see a rise in bad loans in coming years

The average bid of high-yield flow-name bonds dropped 68 bps in today’s reading, to 100.9% of par, yielding 6.94%, from 101.58, yielding 6.7%, on Sept. 25, according to LCD. It was a broad-based decline, with 13 of the...

The worst performing sector as of midday Tuesday is the Energy sector, showing a 1.8% loss. Within that group, Newfield Exploration (NYSE: NFX) and Chesapeake Energy (NYSE: CHK) are two of the day's laggards, showing a l...

David Gurle, who is on the cusp of a deal to sell his two-year-old instant-messaging company, Perzo Inc., to 15 of the world's largest banks and money managers, is no stranger on Wall Street.

The Haitian government is seeking partners for a seemingly daunting task: building a world-class resort destination in one of the world's poorest countries.

(Kitco News) - Gold prices ended the U.S. day session lower and fell to a nine-month low Tuesday. The key “outside markets” were in a bearish posture for the precious metals, as the U.S. dollar index was higher and ...

Why is Starboard pressing the matter now when this possibility has been always been on the table and dismissed like leftover spinach?

Of late, there has been a change in the mood of global shale oil and gas enthusiasts. While the enthusiasm has not dimmed, exaggerated claims about potential reserves are fading and there is a new found sense of pragmati...

With impairments being under $500 million for the first half of the year, and with the bank expected to release $1.3 billion in provisions in Q3, RBS will actually report a net recovery in loans for full year 2014. Besid...

Honeywell's market share had declined in the past two years primarily due to slower growth in revenue from Europe and U.S. than the industry. However, going forward, we believe that Honeywell's market share could increas...

Although markets such as the U.K., Germany and Belgium are slowly recovering after the double dip recession, seeing how per capita consumption is already relatively high in Europe, growth in these markets for Anheuser co...

We figure with global demand for oil & gas continuing to grow, especially from the developing countries, oil & gas production will likely also rise in coming years. Accordingly, GE anticipates oil & gas industry's total ...

Amazon's management is showing a strong belief in India's growth story. The country's GDP growth could get back on track this year and recent developments suggest that there is a lot of interest from investors in e-comme...

Corn futures hit a fresh five-year low after the U.S. reported large stockpiles and as farmers are harvesting a secod-straight bumper crop.

SYNNEX Corporation (SNX) has approved the initiation of a quarterly cash dividend to shareholders of its common stock. An initial quarterly cash dividend of $0.125 per common share will be payable on October 31, 2014 to ...