Market News
Oil Extends Slide Below $30
Wall Street Journal - 18 Jan 2016 07:55
Crude oil futures extended a fall below $30 a barrel, as the removal of sanctions over Iranian oil exports sparked concerns that oil prices would move even lower.
Are Food Companies Playing Chicken With Prices?
Wall Street Journal - 18 Jan 2016 21:36
The leading index of U.S. chicken prices for retail buyers has been unusually high, bolstering profits for the likes of Tyson Foods, Sanderson Farms and Pilgrim's Pride.
Worldpay Offers Faster Payments, But Not to Investors
Wall Street Journal - 18 Jan 2016 17:17
The U.K. payments company, which listed last October in London, is more than fairly valued given the promise of its technology.
Sensex nears bear market territory
livemint.com - 18 Jan 2016 22:00
The S&P BSE SmallCap index fell 4.1% after capping its worst weekly loss in four years on Friday amid concerns about high valuations
HUL's cash return scheme could trigger a trend
livemint.com - 18 Jan 2016 21:04Kotak Mahindra Bank: subsidiaries help post merger
livemint.com - 18 Jan 2016 20:35
Kotak's subsidiary businesses boosted its consolidated numbers with all divisions reporting a year-on-year increase in profits, barring Kotak Securities
Boost to consumption from low oil prices fast disappearing
livemint.com - 18 Jan 2016 20:34
International crude oil prices have been falling sharply, right? But you wouldn't know it if you considered petrol and diesel prices in India
Sebi looking to lower expense charges for mutual funds
livemint.com - 18 Jan 2016 20:20
Cut in expense ratio will help curb frequent launches of new fund offers, which distributors use to earn more commissions
What's Going On With China's Stock Markets and Economy?
Forbes - 18 Jan 2016 20:02
Much credit for the historic, some say hysteric, early 2016 drop in US stock market valuations has been given to concerns about what is going on in China. Here is an insider's view that shines a light on the issues and m...
Scotiabank Targets More Acquisitions in Latin America
Wall Street Journal - 18 Jan 2016 19:29
Bank of Nova Scotia sees ample opportunity to grow via acquisitions in Latin America, especially in Mexico, Chief Executive Brian Porter said.
The Case for Raw Commodity Sector Bottoming in 2016
Forbes - 18 Jan 2016 19:28
Let?s take a look at a few longer-term charts of key markets and indexes, which are presently providing some technical clues the major ?bust? cycle in the raw commodity sector will likely run its course in 2016.
Gold Speculators Turn Positive After 9-Week Hiatus -- CFTC Data
Forbes - 18 Jan 2016 19:23
After nine weeks of net short positioning, the latest CFTC trade data shows that hedge funds and money managers have turned positive on gold, and analysts are starting to take notice.
European stocks fall, follow Asia lower; oil drops after Iran sanctions lifted
livemint.com - 18 Jan 2016 19:07
The pan-European FTSEurofirst 300 index, which has lost more than 10% this year, drops a further 0.2%, with an index of euro zone banks down 3.3%
Renault: Recovery Hasn't Run Out of Road
Wall Street Journal - 18 Jan 2016 18:34
The French car maker's run-in with the French government over emissions has caused understandable jitters. But its financial outlook probably rests more on a continued rebound in European car sales.
Wipro continues to struggle for growth in Q3
livemint.com - 18 Jan 2016 18:22
Come this year's June quarter and investors will know if the long-awaited turnaround is in sight
Must See Charts For 5 Dow Stocks Put To The Test Of Earnings
Forbes - 18 Jan 2016 18:20
These five Dow components are scheduled to report quarterly results this week and two are among the eight ?Dogs of the Dow? for 2016.
How China's Stock Crash Put Its Biggest Broker in Beijing's Cross Hairs
Wall Street Journal - 18 Jan 2016 17:52
The Chinese government's crackdown on Citic Securities shows how Beijing's determination to promote its financial sector has been replaced with a resolve to blunt a rout in stocks that had embarrassed authorities.
Barclays Plans to Scale Back in Africa
Wall Street Journal - 18 Jan 2016 17:44
Barclays executives have concluded that being the majority owner of a sprawling African business no longer fits with the bank's strategy, according to people familiar with the matter.
RBI to buy govt bonds worth Rs10,000 crore via OMO to infuse liquidity
livemint.com - 18 Jan 2016 17:09
RBI's move comes at a time when liquidity deficit has risen to Rs1-1.5 trillion and banks are borrowing heavily via term repos and daily repo tenders
KBW's Tom Michaud Sees A Main Street Banking Booming As Investors Tire On Too Big To Fail
Forbes - 18 Jan 2016 16:46
KBWs Thomas Michaud believes there is a rising crop of regional lenders and specialized firms that are serving Main Street, while quietly eating Wall Street's lunch.
Seeking Untapped Market, Nearly 100 Investment Funds Emerge In Middle East Tech Scene
Forbes - 18 Jan 2016 16:41
In the past five years, the tech ecosystem in the Middle East has swelled to more than 100 funds investing in the region and more than 75 accelerators. There have been nearly 30 sizeable exits in the past 10 years, based...
Five Money Power Moves For A Murky Market
Forbes - 18 Jan 2016 16:25
Some rules for financial success are really simple. Here are five of them.