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Market News

Location American Market News for 29 November 2015

The week ahead in business and finance

Telegraph - 29 Nov 2015 20:30
The week ahead in business and finance Economic and corporate news expected from Monday, November 30, to Friday, December 4.
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The European Central Bank, the top economic regulatory authority for the eurozone, considered several options to stabilize European economies in 2016, including a bond-buying program, the Financial Times reported Sunday....
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OPEC Is Ready to Rumble Over Saudi Output

Wall Street Journal - 29 Nov 2015 23:47
Pressure is building on Saudi Arabia to rein in its oil output after a year of pumping full tilt, setting up the most contentious OPEC meeting in years this week.
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NAV of mutual fund reduces as and when dividends are issued This reduction does not happen for the growth version of the same scheme since no dividends are declared
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There is no TDS for interest earned on saving bank accounts Interest income from a savings bank account is considered under the head "income from other sources"
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Diversification: How much is too much?

livemint.com - 29 Nov 2015 18:56
Diversification: How much is too much? Relative performance is important. But fund size and conviction in ideas also dictate the number of stocks
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Stocks fall faster when FIIs sell but do not rise as fast when DIIs buy So, should investors be cautious of the stocks which FII own the most?
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Shipping indices, trade and what's in store for India A muted global trade environment means domestic consumption must accelerate if India has to sustain its current growth rates
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Prolonged downturn for tractors

livemint.com - 29 Nov 2015 18:51
Prolonged downturn for tractors The downturn cycle, which is normally about nine to 10 months, has prolonged to almost 18 months this time round
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Rosberg finishes 2015 season with victory hat-trick Nico Rosberg finished the 2015 season on a high note by claiming his third straight F1 victory as he relegated his frustrated Mercedes teammate Lewis Hamilton to second place in the Abu Dhabi Grand Prix Sunday.
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Premiums up 7.7% after falling for 5 years: Report

livemint.com - 29 Nov 2015 17:08
Premiums up 7.7% after falling for 5 years: Report Policy changes and more demand by individuals as well as companies is driving the insurance business
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EU Approves €2.72 Billion of State Support for Piraeus Bank

Wall Street Journal - 29 Nov 2015 16:57
European Union regulators have approved €2.72 billion ($2.88 billion) of state support for Greek lender Piraeus Bank, saying the payment didn't violate EU rules on government aid for companies.
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Yes Bank invokes United Breweries' shares worth Rs778 crore Yes bank has invoked the stake 'to secure loans given to group companies'
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Abu Dhabi GP: Nico Rosberg claims sixth straight pole Nico Rosberg's F1 hot-streak showed little sign of fading as the German claimed a sixth straight pole position at the Abu Dhabi Grand Prix Saturday.
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