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Market News

Location American Market News for 14 June 2015
China's stock market value tops $10 trillion for the first time Companies with a primary listing in China are valued at $10.05 trillion, an increase of $6.7 trillion in 12 months
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The Dollar Loses Allure

Wall Street Journal - 14 Jun 2015 22:08
Abreast of the Market: Investors say an anticipated increase in interest rates by the Fed is already reflected in the dollar's value and there is little else likely to drive the currency higher in the near term.
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Ready for a cashless economy?

livemint.com - 14 Jun 2015 21:56
Ready for a cashless economy? India continues to be driven by the use of cash; less than 5% of all payments happen electronically
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From watching markets, we moved to watching companies Anand Shah of BNP Paribas AMC says that sticking to the earnings trajectory of a company is the key
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Money, money, money: how to treat windfalls

livemint.com - 14 Jun 2015 21:53
Money, money, money: how to treat windfalls Opportunity that a sudden inflow of funds provides can be lost if not used according to a plan
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F1 star triumphs at Le Mans 24 Hours

CNN - 14 Jun 2015 21:38
F1 star triumphs at Le Mans 24 Hours While speculation continues as to whether Audi or Porsche might join the ranks of Formula One, the two German car manufacturers' commitment to endurance racing was in no doubt this weekend.
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Investors push up bond yields, trigger failure of bond auctions Yields will rise further, which does not augur well for future auctions either, say traders and market observers
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Biotech Gets a Reality Check

Wall Street Journal - 14 Jun 2015 20:38
Biotech stocks are up big for the fifth year in a row, IPOs are hot and short sellers are in retreat. Investors, beware.
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Vedanta's Cairn merger as per script, with a little twist The merger gives Vedanta direct access to Cairn's cash, but this is a non-cash addition and can be considered as an accounting-driven artificial boost to profits
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Bond Trading Makes Quiet Comeback

Wall Street Journal - 14 Jun 2015 18:51
Overall bond-trading volume is down. Fortunately for Wall Street banks, several market segments are showing signs of life.
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Fed Rate Tale Needs a Growth Story

Wall Street Journal - 14 Jun 2015 18:46
The Federal Reserve is on course to raise rates later this year without a good sense of how fast the economy can grow.
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What's new in the telecom industry

livemint.com - 14 Jun 2015 14:26
What's new in the telecom industry There is still some uncertainty related to Reliance Jio's launch in December along with the Telecom Commission's views on spectrum sharing and trading
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What Reliance AGM means for its stock

livemint.com - 14 Jun 2015 14:16
What Reliance AGM means for its stock Chairman Mukesh Ambani chose to focus on the company's telecom business at the 41st AGM
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