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Market News

Location American Market News for 24 January 2016

Global Banks Push to Manage Asians' Rising Wealth

Wall Street Journal - 24 Jan 2016 23:24
Amid slumping Asian markets and a dimmer outlook for deals this year, bankers in Asia are going back to basics: managing money for wealthy clients.
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China Risks Electric-Car Shakedown

Wall Street Journal - 24 Jan 2016 22:43
Nearly every major Chinese car maker is churning out electric cars these days in hopes of capitalizing on regulatory largesse. One problem: Regulators are wary it is being misused.
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Russia and Turkey Show Oil Prices Aren't Everything

Wall Street Journal - 24 Jan 2016 22:37
In oil's slide, perhaps there is less cause for concern over Russia than there is for the currency of a country that should be benefiting from cheaper oil: Turkey.
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Sebi suggests task force to attract global pension funds The task force will suggest ways to iron out regulatory, tax and governance issues that are impeding the flow of global pension money into India
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McDonald's Still Offers a Treat

Wall Street Journal - 24 Jan 2016 21:10
McDonald's has benefited from all-day breakfast and other menu tweaks, part of a broader turnaround that is expected to gain steam.
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R-Com results unlikely to move the needle much

livemint.com - 24 Jan 2016 20:09
R-Com results unlikely to move the needle much As far as core operations go, the December quarter results provide little reason for any shift in valuations
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ITC prospects hinge on being spared another excise duty hike in FY17 Budget Years of successive hikes have made it difficult for cigarette sales to grow
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Housing finance companies in the slow lane

livemint.com - 24 Jan 2016 20:09
Housing finance companies in the slow lane The moderation in the loan book was on account of lower disbursement growth and higher repayment as customers switched to housing loans from banks, which have lowered their lending rates
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Brent crude outlook to keep spirits low for Cairn India Lower oil prices cast their shadow on average price realization, which, at $35.2 per barrel of oil equivalent, is 48% lower y-o-y and 19% lower, compared with the September quarter
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The learning curve

livemint.com - 24 Jan 2016 20:08
The learning curve Mint Money spoke to five individuals who shared their tax saving story
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Three products for long-term savings

livemint.com - 24 Jan 2016 20:08
Three products for long-term savings If you are not disciplined enough to stay invested for the long term, these products could be a good choice
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How to build your health insurance portfolio

livemint.com - 24 Jan 2016 20:08
How to build your health insurance portfolio Given this dual benefit of financial protection and tax saving, health insurance is a must-have. Here's how to make the best of it
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Home loans: heavy liability but also big on tax benefits Borrowing money to buy a house not only gets you an asset but also helps you save on taxes along the way
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Best strategies for tax-saving products

livemint.com - 24 Jan 2016 20:08
Best strategies for tax-saving products Financial instruments with tax benefits do more than just that. Buy them based on your plan
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Tax Season 2016: Ways To File Your Return

Forbes - 24 Jan 2016 19:28
Tax Season 2016: Ways To File Your Return Forbes reporter Kelly Phillips Erb details the ways you can file your annual tax return and new developments for this tax season.
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The Saudi debt secret that US Treasury has kept for 41 years It is a secret of the vast US Treasury market since the 1970s : Just how much of America's debt does Saudi Arabia own?
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Companies Urge Retiring Workers to Leave Their Money Behind

Wall Street Journal - 24 Jan 2016 16:07
Companies are increasingly urging employees to keep their nest eggs in their corporate 401(k) plans when they change jobs.
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A Battle Brews Over America's Consumer Finance Watchdog

Wall Street Journal - 24 Jan 2016 15:35
Four years after the CFPB's creation, a court case could help settle a debate over the agency's authority to police everything from credit cards and mobile-phone payments to college accreditation.
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Apple Shares Will Fly If Tim Cook Addresses These 6 Issues Tim Cook holds the key to Apple post earnings reaction
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Five companies get nod for IPO, fund raising may hit Rs2,500 crore Companies including Mahanagar Gas and Equitas Holding, have received approval to launch their IPOs to fund business expansion, meet working capital requirements
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Potential Saudi Aramco IPO Wouldn't Include Oil Reserves

Wall Street Journal - 24 Jan 2016 14:40
Saudi Arabia's potential sale of shares in its state-owned oil giant wouldn't include the kingdom's oil reserves and could be on local or international markets, the company's chairman confirmed in an interview.
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Soho China Chief Calls for Better Communication on Yuan Policy

Wall Street Journal - 24 Jan 2016 14:36
Chinese officials need to do a better job communicating their exchange-rate approach, Soho China CEO Zhang Xin said, a charge that has been repeated by other top business leaders and policy makers in Davos.
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