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News by: Himanshu Singh

Overnight Markets: US Stocks end lower on global jitters

by Himanshu Singh on May 12, 2015 at 03:53

Traders took a pessimistic view of Europe as finance ministers met to discuss a cash-for-reforms deal for Greece.

Tuesday Papers: GSK chief questions pharma deal boom

by Himanshu Singh on May 12, 2015 at 03:47

And some eurozone banks ‘just as likely to fail’ as they were before 2008 crisis despite efforts to improve their resilience, according to a research.

Asian shares surge after China rate cut

by Himanshu Singh on May 11, 2015 at 03:54

Stocks rose after China rolled out its third interest rate cut since November and US shares surged following an official jobs report.

Monday Papers: Top 50 US hoarders sit on $1tn in cash

by Himanshu Singh on May 11, 2015 at 03:49

And foreign banks operating from the City of London are plotting a managed retreat from operations that expose them to the UK bank levy, say industry leaders

Sunday Papers: Fresh setback to Libya’s $1.2bn Goldman lawsuit

by Himanshu Singh on May 10, 2015 at 04:14

And European markets are braced for turmoil as talks between Greece and its single-currency partners reach critical point.

Saturday Papers: Conservatives' election win met with relief by the City

by Himanshu Singh on May 09, 2015 at 05:25

Business groups have broadly welcomed the stability of an outright Conservative majority following the election.

Overnight Markets: Stocks gain ahead of US jobs report

by Himanshu Singh on May 08, 2015 at 03:01

Sterling jumped about 1% after UK exit polls forecast the ruling Conservatives taking the most seats in parliament.

Friday Papers: Early results point to Conservative victory

by Himanshu Singh on May 08, 2015 at 02:59

The pound surged instantly after the exit poll suggested a Tory election "win" and investors toasted the prospect of continuity in Britain's current austerity policies.

Overnight Markets: Wall Street down on Yellen warning

by Himanshu Singh on May 07, 2015 at 04:01

The Fed chief warned of elevated valuations in the equity market, adding to anxiety about future interest rates and a global bond rout.

Thursday Papers: Crude jump speeds up bond sell-off

by Himanshu Singh on May 07, 2015 at 03:54

And GSK drops plans for a multibillion-pound flotation of its HIV business.

Overnight Markets: Wall Street down on weak trade data

by Himanshu Singh on May 06, 2015 at 04:09

Surprisingly wide March US trade deficit raised concerns that the economy shrank in the first quarter.

Wednesday Papers: Top hedge fund managers bank $11.6bn

by Himanshu Singh on May 06, 2015 at 03:48

And HSBC raises prospect of spinning off UK retail branches it decides new bank rules are too strict.

Tuesday Papers: Liquidity drought could spark market bloodbath

by Himanshu Singh on May 05, 2015 at 03:46

And China’s labour force is shrinking and the “migrant miracle” that powered its industrial rise is mostly exhausted.

Overnight Markets: Wall Street ends higher on upbeat earnings

by Himanshu Singh on May 05, 2015 at 03:42

Berkshire Hathaway added 1.62%, giving the biggest boost to the S&P 500, after the insurance and investment conglomerate's results beat forecasts.

Asia stocks rebound as weak China PMI spurs stimulus bets

by Himanshu Singh on May 04, 2015 at 06:49

Less-than-stellar data from China fuelled bets that Beijing will unveil further support measures to revive its stumbling economy.

Monday Papers: Cameron and Clegg plan new coalition

by Himanshu Singh on May 04, 2015 at 03:33

And business leaders issue last-ditch warning that Labour's heavy-duty proposals to raise taxes on the rich will harm Britain’s growth prospects.

Sunday Papers: Labour victory will spark exodus of wealthy, says bank chief

by Himanshu Singh on May 03, 2015 at 07:45

And Warren Buffett has warned that stock prices will appear expensive if interest rates increase from their current ultra-low levels.

Saturday Papers: Sterling suffers bout of UK poll nerves

by Himanshu Singh on May 02, 2015 at 05:57

And shares in Lloyds Banking Group leapt after it surprised the market by saying that it would beat expectations for profit margins.

Friday Papers: EU to launch probe into US tech giants

by Himanshu Singh on May 01, 2015 at 04:54

And LinkedIn became the third social media company in a week to lose as much as a quarter of its valuation in minutes after reporting a weaker outlook.

Overnight Markets: Wall Street falls amid mixed economic data

by Himanshu Singh on May 01, 2015 at 04:49

The Dow Jones dropped 195 points yesterday leaving it with a gain of just 0.4% over the month and flat year-to-date.

 

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