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Market News

Location American Market News for 28 June 2015

PBOC Struggles to Balance Volatile Markets

Wall Street Journal - 28 Jun 2015 23:19
Last week's moves by the PBOC--and the market's response--underline not just investors' dependency on signals from a central bank that often fails to clarify its intentions but also how hard it is for China's leaders to ...
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Greece Enters Euro Limbo

Wall Street Journal - 28 Jun 2015 20:55
Greece's austerity referendum has put its battered economy and banks in eurozone limbo. Markets will be jarred by the uncertainty.
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University of Phoenix Flight May Be Short

Wall Street Journal - 28 Jun 2015 20:16
Earnings expectations for University of Phoenix operator Apollo Education have been lowered so much that the company has a chance of beating them. But ride any lift in its stock price with caution.
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ECB to Keep Support for Greek Banks Unchanged

Wall Street Journal - 28 Jun 2015 17:40
The European Central Bank said it will freeze for now the level of emergency loans for Greek banks at Friday's level, a step that could push the country closer to having to impose capital controls.
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GVK Power and Infrastructure: airports segment IPO to relieve balance sheet stress Given that airports have been clocking a steady growth rate in both passengers and cargo traffic, investor appetite for the IPO is likely to be good
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What does Accenture's performance mean for Indian IT stocks? For quite some time, the performance of Accenture and its India-based competitors has been divergent
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How To Invest Your Money In The Second Half Of 2015 The first half of 2015 is practically in the rearview mirror. SPDR Dow Jones Industrial Average ETF (DIA) added 1.8% year to date, through June 26. SPDR S&P 500 ETF (SPY) returned 3%. The tech-heavy PowerShares QQQ ETF (...
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SKS Microfinance rides on microcredit resurgence

livemint.com - 28 Jun 2015 15:58
SKS Microfinance rides on microcredit resurgence While bank credit grew at less than 10% in the last fiscal, microcredit grew by some 61%
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Greece, China and the markets

livemint.com - 28 Jun 2015 15:43
Greece, China and the markets While in the short run, a Grexit could lead to a bout of risk aversion and the Chinese central bank's intervention will help stabilize markets, over the longer term, the impact may be very much the reverse
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Filing of income tax returns: A decade of multiple changes Though there are some glitches in filing returns, systems have improved a lot
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De-jargoned: Tax return preparer

livemint.com - 28 Jun 2015 15:08
De-jargoned: Tax return preparer TRPs are appointed under the TRP scheme and they are trained to file returns for small and marginal taxpayers
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What if you do not meet the 31 August tax deadline?

livemint.com - 28 Jun 2015 15:07
What if you do not meet the 31 August tax deadline? Consequences of not paying tax on time and not filing tax returns on time go beyond paying penal interest
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Best health insurance policies for you

livemint.com - 28 Jun 2015 15:07
Best health insurance policies for you If there is co-pay or sub-limits in the policy, the same would apply even on the increased sum insured
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The process of filing income tax returns

livemint.com - 28 Jun 2015 15:06
The process of filing income tax returns You can take either the offline or online route. For people with more than `5 lakh income, it is mandatory to e-file
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All you need to know about tax returns

livemint.com - 28 Jun 2015 15:05
All you need to know about tax returns The tax authority has introduced a new set of forms for filing returns; it is important to fill the correct one
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Yes Bank plans $1-billion ADR issue next fiscal

livemint.com - 28 Jun 2015 12:38
Yes Bank plans $1-billion ADR issue next fiscal Bank hopes its first ADR issue will help improve its profile and attract more diverse investors
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China Rate Cut Hacks a Perilous Path

Wall Street Journal - 28 Jun 2015 08:45
China's rate cut the day after stocks tanked makes clear that the stock market is now the implicit target of central bank policy.
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Manulife Arm Proceeds With Singapore IPO of U.S. Assets

Wall Street Journal - 28 Jun 2015 07:57
Canadian insurer Manulife Financial's asset management arm will start taking orders from investors early next week for an up to US$450 million Singapore initial public offering of a clutch of U.S. office properties.
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