Finance - Edit Hot

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UBS predicts poor Q1 over euro zone woes

Posted 10 hours ago (at Reuters)

ZURICH (Reuters) - Swiss bank UBS warned on its first-quarter performance when posting quarterly profit at the bottom end of expectations after a loss at its investment bank, amid uncertainty around the euro zone, Europe's banking system, and U.S. deficit .. more >>

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Sovereign debt sustainability a political issue: RBI

Posted 10 hours ago (at Reuters)

MUMBAI (Reuters) - India's sovereign debt sustainability is "quintessentially" a political issue, Reserve Bank of India's Governor Duvvuri Subbarao said on .. more >>

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Toyota Q3 jumps, raises FY outlook on cost cuts, incentives

Posted 10 hours ago (at Livemint)

Raises FY operating profit forecast to ¥270 bn from 200 bn; cost cuts of ¥30 bn, and trims spending by ¥20 bn; Q3 operating profit ¥149.7 bn yen vs consensus 93.9 .. more >>

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Walmart appoints new China boss after pork scandal

Posted 10 hours ago (at Indiatimes)

US retail giant Walmart on Tuesday named a new chief executive for its China operations, four months after the retailer's former boss quit following a scandal over falsely labelled .. more >>

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Wall Street edges lower after string of gains

Posted 12 hours ago (at Livemint)

Stocks stall after 5-week rally, Europe still in view; 60% of S&P companies beat earnings forecasts; Micron Tech lower after death of CEO; Dow down 0.1%, S&P flat, Nasdaq down .. more >>

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Asia stocks muted as Greek debt talks drag on

Posted 12 hours ago (at Livemint)

Japan’s Nikkei 225 fell 0.2% to 8,916.09. South Korea’s Kospi rose 0.3% to 1,979.30 and Hong Kong’s Hang Seng was 0.6% higher at .. more >>

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Dhanlaxmi Bank says CEO quits

Posted 12 hours ago (at Reuters)

REUTERS - Small-sized private lender Dhanlaxmi Bank said its Managing Director and Chief Executive Amitabh Chaturvedi has resigned on .. more >>

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Capital controls always seen as temporary: Rangarajan

Posted 12 hours ago (at Reuters)

MUMBAI (Reuters) - Capital controls have become more respectable since the 2008 financial crisis but must be seen as temporary measures, the chairman of Prime Minister Manmohan Singh's Economic Advisory Council, C. Rangarajan, said on .. more >>

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Rupee gains early, but wary on Greece

Posted 13 hours ago (at Indiatimes)

Rupee opened stronger on Tuesday in anticipation of dollar inflows, but concerns that Greece may fail to meet conditions to get its next bailout kept traders .. more >>

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Sensex up 0.3% early, RIL leads

Posted 13 hours ago (at Indiatimes)

Sensex rose 0.3 percent early on Tuesday, led by index heavyweight Reliance Industries, continuing a five-day rally ahead of the release of the government's GDP growth estimate for the current financial .. more >>

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Opening Bell 7 February | Greeks caught in Hamletian dilemma

Posted 14 hours ago (at Livemint)

Concern about the European debt crisis has sent US stocks lower. The S&P 500 at 1,344 is down .. more >>

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Greece wrangling tempers Asian markets' recovery

Posted 15 hours ago (at Reuters)

TOKYO (Reuters) - Greek resistance to the strict conditions attached to a bailout fund capped the recent strength in Asian shares on Tuesday, as renewed fears of a messy debt default gave pause to mounting hopes the global economy is .. more >>

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China’s iron ore demand to continue for decades

Posted 16 hours ago (at Indiatimes)

Industry insiders project that China will continue to look outwards for the next few decades to meet its iron ore .. more >>

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India’s stable rating faces risk: S&P

Posted 16 hours ago (at Indiatimes)

India’s stable rating outlook faces some challenges due to high inflation, weak fiscal position and slower economic growth, a report by global ratings agency Standard & Poor’s cautioned on .. more >>