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Wall Street set to open flat ahead of Fed meeting, results
(Reuters) - U.S. stocks were set to open little changed on Monday as investors paused ahead of a Federal Reserve policy meeting and key earnings reports later this week.
Posted on : 2015-10-26 13:08:11
General Atlantic to invest $173 million in IIFL Wealth Management
MUMBAI (Reuters) - U.S. buyout group General Atlantic has agreed to buy a 21.6 percent stake in India's IIFL Wealth Management for 11.2 billion rupees ($173 million), the first private equity investment in the country's fast-growing wealth management business.
Posted on : 2015-10-26 12:18:23
General Atlantic to invest $173 million in Indian wealth manager
MUMBAI (Reuters) - U.S. buyout group General Atlantic has agreed to buy a 21.6 percent stake in India's IIFL Wealth Management for 11.2 billion rupees ($173 million), the first private equity investment in the country's fast-growing wealth management business.
Posted on : 2015-10-26 11:04:44
Gold rises on dipping dollar, uncertainty over Fed
LONDON (Reuters) - Gold inched up on Monday after a three-day losing streak, as the dollar's ascent paused and uncertainty persisted over the timing of the first Federal Reserve rate increase in a decade.
Posted on : 2015-10-26 11:03:28
Chinese stocks, bonds cautiously firmer after rate cuts
SHANGHAI (Reuters) - China's stocks and bonds rose on Monday, catching up with gains globally after the central bank cut interest rates late on Friday for the sixth time in less than a year to try to lift economic growth.
Posted on : 2015-10-26 11:02:41
Eros Media seeks to reassure investors as shares slump
MUMBAI (Reuters) - Eros International Media said on Monday the company had "strong" fundamentals, seeking to reassure investors following a slump in its New York- and Mumbai-listed shares after an analyst raised questions about its business operations.
Posted on : 2015-10-26 11:01:13
Sensex ends 108 points lower after touching over 2-month highs
MUMBAI (Reuters) - India's stock markets ended about 0.5 percent lower on Monday, retreating from over two-month highs hit in the previous session as investors booked profits even as Asian equities gained after China cut interest rates for a sixth time in less than a year
Posted on : 2015-10-26 10:24:06
European shares slip as easing expectations fade
LONDON (Reuters) - European shares fell in early trading on Monday as euphoria about the prospect of further central bank policy easing faded, with investors warning against over-confidence ahead of another week of interest rate decisions.
Posted on : 2015-10-26 10:12:52
Oil prices edge higher but glut swells storage capacity
LONDON (Reuters) - Oil edged higher on Monday as investors prepared for a week of important economic indicators, but prices remained range-bound on indications that the world's stored oil was nearing capacity, stoking a persistent supply glut.
Posted on : 2015-10-26 10:01:35
Sensex retreats from over 2-month highs; Bharti Airtel falls
MUMBAI (Reuters) - India's stock markets edged lower on Monday, retreating from over two-month highs hit in the previous session as investors booked profits even as Asian equities gained after China cut interest rates for a sixth time in less than a year.
Posted on : 2015-10-26 08:47:20
Yellen, consensus-builder, needs to send strong signal at Fed meet
SAN FRANCISCO (Reuters) - Federal Reserve Chair Janet Yellen, praised as an adept listener and consensus builder, may need to adopt a stronger tone at this week's policy meeting if she expects to keep a December interest rate rise in play.
Posted on : 2015-10-26 08:18:36
China banks come back for more capital as bad loans pile up
BEIJING/HONG KONG (Reuters) - Mounting bad loans are running down Chinese banks' capital buffers, forcing them to turn to investors for fresh funds despite raising a record amount last year.
Posted on : 2015-10-26 08:16:43
IMF set for green light on China's yuan joining currency basket - sources
BRUSSELS/WASHINGTON (Reuters) - International Monetary Fund staff are set to give the all-clear for China's yuan to be included in the lender's benchmark currency basket, laying the groundwork for a favorable decision by policymakers, people familiar with the discussions said on Sunday.
Posted on : 2015-10-26 08:13:41
China stocks post modest gains after rate cut
SHANGHAI (Reuters) - China stocks closed modestly higher on Monday after the central bank cut interest rates for the sixth time since November to spur the cooling economy, but gains were capped by profit-taking, in particular in smaller, more speculative shares.
Posted on : 2015-10-26 07:19:51
India hosts biggest Africa summit; plays catchup with China
NEW DELHI (Reuters) - India hosts its biggest-ever Africa summit this week as Prime Minister Narendra Modi seeks to challenge China's dominance on a continent that is blessed with vast natural resources and has the world's fastest-growing population.
Posted on : 2015-10-26 06:56:45
Asian stocks rise on China rate cut, U.S. tech earnings
TOKYO (Reuters) - Asian stocks on Monday were close to wiping out all their losses since China's shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earnings guidance.
Posted on : 2015-10-26 06:25:05
A China twist: why are malls closing if consumption is rising?
SHANGHAI/HONG KONG (Reuters) - The Di Mei shopping centre in downtown Shanghai is a surprisingly depressing place to shop.
Posted on : 2015-10-26 05:31:10
Bharti Airtel Q2 profit rises as Indians lean towards faster phone internet
MUMBAI (Reuters) - Bharti Airtel Ltd, India's top mobile carrier by subscribers, posted a 10 percent rise in quarterly net profit that beat estimates, helped by a surge in data usage by customers.
Posted on : 2015-10-26 05:26:13
Governments shouldn't count on low oil prices: IEA
SINGAPORE (Reuters) - Countries should not bank on oil prices remaining low when formulating their energy policies, as supplies could tighten from mid-2016 due to a drop in investment and falling U.S. output, a senior industry official said on Monday.
Posted on : 2015-10-26 05:24:30
Chinese financial markets cautiously applaud rate cuts
SHANGHAI (Reuters) - China's major financial markets, including stocks, bonds and currency, adjusted cautiously to Friday evening's policy easing, but trading volumes were subdued, indicating some wariness over uncertain economic fundamentals.
Posted on : 2015-10-26 05:22:25
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