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Location American Market News for 5 July 2015
The final tally is in and an overwhelming majority of Greeks voted against the austerity demands of international creditors, a landslide result for the leftist government. With 92 percent of the vote counted, Greeks reje...
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Greece's Next Challenge: Paying the European Central Bank

Wall Street Journal - 5 Jul 2015 23:40
If Greece misses the July 20 payment, the ECB is widely expected to cut Greek banks off entirely, leading to their collapse and a likely exit from the eurozone.
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Beijing Aims Big Booster Shot at Teetering Stock Market

Wall Street Journal - 5 Jul 2015 22:10
China's central bank will indirectly help investors borrow to buy shares in an effort to rescue the country's stock market.
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NCDEX, MCX push to be part of gold bond scheme

livemint.com - 5 Jul 2015 21:17
NCDEX, MCX push to be part of gold bond scheme Draft rules benchmark bonds to gold prices on NCDEX; larger rival MCX looks to get govt to use its contracts instead
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Investors Brace for Big Moves in Wake of Greek Vote

Wall Street Journal - 5 Jul 2015 21:09
As votes were being counted after the close of the Greek referendum Sunday, investors in European stocks and bonds were gearing up for some big market moves, whatever the outcome.
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GDP growth may have weakened in Apr-Jun

livemint.com - 5 Jul 2015 21:03
GDP growth may have weakened in Apr-Jun The seasonally adjusted Nikkei India Composite Purchase Manager's Index Output Index dropped below the crucial 50 mark to 49.2 in June, the first time since April 2014
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Will rash of IPOs and disinvestment affect the secondary market? While it is possible that equity raising through IPOs for FY16 could well end up being better than last year, the overall trend for equity raising hasn't been impressive yet
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Citizens of the world's oldest democracy went to the polls Sunday to weigh in on Greece's historic debt crisis, with a clear majority so far voting against the austerity demands of international creditors.
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Aetna and Humana: Justifying the Prize

Wall Street Journal - 5 Jul 2015 20:10
Aetna will have to work hard on costs to make its $37 billion Humana deal add up.
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UPDATE 2 p.m. EDT: Greek officials projected a solid win for a "no" vote, the Interior Ministry predicting it would garner 61 percent, the Associated Press reported. BREAKING: Greek interior ministry projection says 'no'...
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Malaysian Prime Minister Faces Political Test

Wall Street Journal - 5 Jul 2015 17:50
Malaysia's Prime Minister Najib Razak faces a political test after allegedly being linked to problems ensnaring a debt-laden state investment fund.
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Steps to get duplicate investment documents

livemint.com - 5 Jul 2015 17:43
Steps to get duplicate investment documents Service providers have a prescribed way to obtain duplicates; it is good to keep copies in electronic format
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Expanding residential footprint

livemint.com - 5 Jul 2015 17:34
Expanding residential footprint North 24 Parganas is estimated to account for about 45% of the total upcoming supply in Kolkata
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Moderate risk portfolio should seek growth through equities And one should not shy away from taking risks
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Bank customers can sign cheques or communicate in any India language A customer can fill in details such as her name in any scheduled regional language and can even sign the cheque in that language
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How to fight your bank in a court of law

livemint.com - 5 Jul 2015 17:31
How to fight your bank in a court of law Proper steps should be taken before filing a court case and one should have enough documentary evidence
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BSE expects 40 IPOs, 100 SMEs this fiscal

livemint.com - 5 Jul 2015 17:27
BSE expects 40 IPOs, 100 SMEs this fiscal In the 2014-15 fiscal, BSE saw six IPOs on its main board and 35 on its SME platform
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No credit for the poor

livemint.com - 5 Jul 2015 17:08
No credit for the poor Slower growth in bank and microfinance credit to the poor is likely to push them back to the welcoming hands of moneylenders
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The uncanny similarities between IndiGo and Jet IPOs What Jet's experience in the past 10 years shows is that investors may not even be aware of the dangers lurking in the near future
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Hamilton battles Williams and rain to win thriller Lewis Hamilton claimed an incident-packed British Grand Prix to extend his title lead over Mercedes teammate Nico Rosberg.
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A multi-fold effort is needed to avoid policy lapsation Milliman India's Sanket Kawatkar talks about changes required in the regulatory system, and measures required to improve persistency
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Iran Sees Oil Exports Almost Doubling After Sanctions End

Wall Street Journal - 5 Jul 2015 15:20
Iran wants to double its crude-oil exports soon after sanctions are lifted and is pushing to convince fellow members of the Organization of the Petroleum Exporting Countries to renew its quota system, a top Iranian offic...
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