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News by: Himanshu Singh

Friday Papers: StanChart faces US sanctions probe

by Himanshu Singh on Oct 31, 2014 at 03:07

And Barclays has set aside £500 million to cover the cost of ongoing investigations into the rigging of currency markets.

Overnight Markets: US stocks rally on upbeat GDP figures

by Himanshu Singh on Oct 31, 2014 at 03:03

The Dow Jones added 221 points as a report showed faster-than-estimated growth in GDP and by another round of strong earnings reports including Visa.

Overnight Markets: Wall Street declines on Fed

by Himanshu Singh on Oct 30, 2014 at 03:23

Shares decline after the US central bank confirmed it will end its asset-purchase programme and expressed confidence in the country’s economic prospects.

Thursday Papers: Fed eyes first rate rise after end to QE

by Himanshu Singh on Oct 30, 2014 at 03:17

And the Serious Fraud Office has launched a formal criminal investigation into accounting practices at Tesco.

Wednesday Papers: Lloyds axes 200 branches and 9,000 jobs

by Himanshu Singh on Oct 29, 2014 at 03:32

And tumbling oil prices have hit the earnings of two big London-listed energy companies - BP and BG Group - in one of the first tangible signs of how the oil supply glut is reverberating across the global economy.

Overnight Markets: US stocks surge on strong corporate earnings

by Himanshu Singh on Oct 29, 2014 at 03:27

Amgen climbed 6.1%, a day after its 2015 outlook topped expectations, while T-Mobile US added 3.1% after boosting its estimate for subscriber acquisitions.

Overnight Markets: US stocks end flat as energy shares decline

by Himanshu Singh on Oct 28, 2014 at 03:34

Energy stocks fell with another decline in oil prices, while telephone and consumer shares rose.

Tuesday Papers: City facing more than ‘a few bad apples’

by Himanshu Singh on Oct 28, 2014 at 03:29

And the BoE has written to dozens of insurance companies to assess the risk that climate change poses to their solvency and earnings.

Monday Papers: Italy under pressure as nine banks fail stress tests

by Himanshu Singh on Oct 27, 2014 at 03:45

And Vodafone's £6 billion acquisition of Ono has been tarnished by allegations that the Spanish cable operator's profits were inflated by tax fraud.

Most Asian stocks gain on ECB stress test results

by Himanshu Singh on Oct 27, 2014 at 03:36

Shares rose in morning trade, taking heart from upbeat earnings and US economic data and as a stress test passed by most European banks added to signs of recovery in the region.

Sunday Papers: Twenty-four European banks fail financial stress tests

by Himanshu Singh on Oct 26, 2014 at 12:47

The outcome puts the focus on Italian banks, nine of which were found to have a total shortfall of €9.4 billion.

Saturday Papers: Cameron outrage at €2bn EU bill

by Himanshu Singh on Oct 25, 2014 at 06:15

And about 25 banks are expected to fail the European Central Bank’s landmark health checks.

Overnight Markets: Wall Street gains on corporate earnings

by Himanshu Singh on Oct 24, 2014 at 05:23

Caterpillar Inc jumped 5% after profit beat forecasts and the machinery maker raised its full-year profit forecast.

Friday Papers: EU tells Britain to pay extra €2.1bn

by Himanshu Singh on Oct 24, 2014 at 05:19

And Tesco withholds £2 million payout to former bosses as accounting scandal sparks 92% fall in profits.

Overnight Markets: Wall Street retreats amid drop in oil prices

by Himanshu Singh on Oct 23, 2014 at 04:35

Biogen Idec fell 5.4% after sales of its multiple sclerosis drug, Tecfidera, fell short of lofty expectations.

Thursday Papers: GSK looks at potential float of HIV unit

by Himanshu Singh on Oct 23, 2014 at 04:29

And China’s outbound direct investment is for the first time set to exceed investment into the country.

Overnight Markets: Wall Street extends rally on earnings

by Himanshu Singh on Oct 22, 2014 at 04:37

The bullish tone was helped by news that said the European Central Bank is considering buying corporate bonds.

Wednesday Papers: Banks fined €94m for part in two cartels

by Himanshu Singh on Oct 22, 2014 at 04:32

And China’s economy grew at its slowest pace since the depths of the global financial crisis in the third quarter.

Overnight Markets: Wall Street gains despite drag from IBM

by Himanshu Singh on Oct 21, 2014 at 04:17

Earnings reports from Halliburton, Gannett Co, and others, helped ease the worries over global growth.

Tuesday Papers: BoE launches review after payments crash

by Himanshu Singh on Oct 21, 2014 at 04:12

And IBM’s latest attempt to overhaul its century-old business in the face of one of the technology world’s periodic upheavals faltered.

 

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