Market News
U.S. Banks Cut Off Mexican Clients as Regulatory Pressure Increases
Wall Street Journal - 23 Jan 2016 12:33
U.S. banks are cutting off a growing number of customers in Mexico, deciding that business south of the border might not be worth the risks in the wake of mounting regulatory warnings.
Jacques Villeneuve leaves Venturi Formula E team
CNN - 23 Jan 2016 21:20
The Venturi Formula E team has announced that former Indycar Series driver Mike Conway will race at the Buenos Aires ePrix on February 6 after the unexpected departure of star driver Jacques Villeneuve.
3 Dividend Stocks To Buy Now And Hold Forever
Forbes - 23 Jan 2016 18:09
With the S&P 500 down nearly 7% in the last three weeks alone, you can’t be blamed for wanting to throw up your hands and sell all your stocks.
Four Big Dividends Living On Borrowed Time
Forbes - 23 Jan 2016 16:08
This week oil crashed below $30 a barrel, the broader domestic indexes continued to pull back, and economies around the world – namely China's – are growing riskier. There might be what some consider panic in the str...
Gold extends losses on global cues, muted demand
livemint.com - 23 Jan 2016 12:00
Gold of 99.9 and 99.5% purity declined by Rs40 each to Rs26,610 and Rs26,460 per ten grams, respectively.
Sebi issues clarity on E-KYC
livemint.com - 23 Jan 2016 11:01
Removes impediments for sale of mutual funds online
A further fall in China's yuan could shake the world
livemint.com - 23 Jan 2016 10:06
Oxford Economics modelled scenarios exploring a 10% fall in the yuan by the Q3 of 2016 and the spillover response of rival currencies
Oil rises in biggest rally in 7 years amid volatility surge
livemint.com - 23 Jan 2016 08:37
Brent for March settlement climbed $2.93, or 10%, to $32.18 a barrel on the London-based ICE Futures Europe exchange
U.S. Reaches Deal on Rice Exports to China, Trade Group Says
Wall Street Journal - 23 Jan 2016 07:32
After roughly a decade of negotiations, the world's largest consumer of the grain is slowing opening its doors to American rice.
Exchange-Traded Notes Are Dealt Another Blow
Wall Street Journal - 23 Jan 2016 04:14
Barclays Bank issued an investor alert about its $547 million iPath oil ETN, urging people to "exercise extreme caution" when buying or selling ETNs that are trading at a premium over their underlying value.
Volatile Stocks Confound Investors
Wall Street Journal - 23 Jan 2016 03:08
Dow industrials climbed 211 points, lifting the blue-chip index to its first weekly gain of year, even as investors struggled to reassess their outlooks for global growth.
AIG to Offer Some Shares of Mortgage Insurance Unit to Public
Wall Street Journal - 23 Jan 2016 01:57
American International Group Inc. plans to offer shares of its mortgage insurance unit to the public while retaining a large majority interest, according to a person familiar with the matter.
American Express Sheds Activist Investor, but Problems Remain
Wall Street Journal - 23 Jan 2016 01:03
American Express Co. has shed its activist investor but now the firm may have bigger problems to worry about.