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Market News

Location American Market News for 12 July 2015
Greece news live: Germany readies five-year temporary Grexit plan after finance ministers fail to reach agreement Wolfgang Schauble reportedly rejects Greece's new austerity measures, favouring a "temporary" Grexit as creditors demand even more austerity from Greece
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Europe's Big Greek Weekend

Wall Street Journal - 12 Jul 2015 22:56
Heard on the Street: Finding a solution for Greece now involves finding a solution for Europe.
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Greece Sets Up Another Monday to Watch in Markets

Wall Street Journal - 12 Jul 2015 22:30
Investors were facing another potentially manic Monday after the latest in a series of weekend twists and turns in Greece's debt crisis.
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U.S. regulators have become increasingly concerned about unstable trading in the Treasury market, and on Monday they are set to release findings from a review of market conditions.
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Greece news live: cracks appear in Franco-German axis as leaders remain divided over country's fate French president Francois Hollande dismisses idea of temporary Greek exit as Slovakia and Finland say little chance of a deal today after EU leaders summit is cancelled
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Week ahead in business and economics: July 13 - July 17 JD Wetherspoon to respond to Budget minimum wage announcement
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Debt Load Digs Into Mining Industry

Wall Street Journal - 12 Jul 2015 21:34
Mining firms borrowed extensively to meet China's soaring appetite for raw materials, but now the boom is ebbing and commodities prices are sliding.
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Five themes emerging in June quarter corporate earnings The curtains have risen on the June quarter earnings season and the consensus is that it's not going to be pretty
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Distribution of MFs is challenging

livemint.com - 12 Jul 2015 20:34
Distribution of MFs is challenging Kotak Mahindra AMC's Nilesh Shah's biggest task as its new head is to turn around the fund house's performance. He explains how he will go about doing it
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DII holdings in Indian firms set to be highest in 25 quarters Analysis of early data shows DIIs' stake in 96 of BSE 500 firms stood at 9.36%, highest since at least Q1 2009
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DYK: You can be penalized for not maintaining books of accounts Not maintaining or providing documents to the assessing officer when demanded may lead to penalty
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Why worry about 25% of Ulip money in G-secs?

livemint.com - 12 Jul 2015 20:23
Why worry about 25% of Ulip money in G-secs? Mandatory investment in government securities takes away customer choice and could hurt fund returns
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Banks Endure Fed Waiting Game

Wall Street Journal - 12 Jul 2015 20:12
As second-quarter earnings season gets under way, bank stocks look to the Fed to start raising rates.
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Sebi to overhaul disclosure norms for better monitoring The new set of norms by SEBI will help reduce the compliance burden on individuals and the companies
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China's Stock-Market Fear Is Everyone's Worry

Wall Street Journal - 12 Jul 2015 18:04
Chinese government measures to stop a stock-market rout speak volumes about the country's actual growth potential.
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Watch These Charts To Better Understand China's Stock Market Crash A technical analysis of China's main stock indices.
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Bombay HC bars MSEI from extinguishing warrants held by MCX MCX wanted MSEI to refund the deposit amounting to `41.59 crore held against the warrants
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Sintex starts financial year on subdued note

livemint.com - 12 Jul 2015 16:35
Sintex starts financial year on subdued note Consolidated revenue and net profit for the June quarter increased by 9% and 12%, respectively, year-on-year, to `1,471 crore and `69 crore
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Case of the missing middle class

livemint.com - 12 Jul 2015 16:24
Case of the missing middle class The global middle class has risen from 7% to 13% of the total population between 2001 and 2011
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Greece news live: EU leaders summit cancelled as ministers say 'not possible' to do deal today Athens' fate rests on a knife edge as Slovakia and Finland say little chance of a deal on a third Greek bail-out today
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FIPB to take up 47 foreign investment proposals on Monday The investment applications include Bandhan Financial Services, Catholic Syrian Bank and a host of proposals related to the pharmaceutical sector
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Link bankers' pay to risk outcomes over multi-year period: BIS The Bank for International Settlements has emphasised that compensation of bank executives should reflect risk-taking and risk outcomes
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