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International Markets



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Morning Stock Report – Stocks to Watch 6-7-09

International Markets Market: - US markets closed on Friday. - Weekly recap. US stocks fall for 3rd straight week on concerns job losses and drop in consumer confidence will prolong the recession. Dow -157.65 pts -1.9%, S&P500 -896.42 pts -2.5%, Russell -497.21 -3.1%. - Bonds, US 10yr yielding 3.498% Commodities: - Gold, little changed in London post Thurs nights Job data. - [...] Related posts:...

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Fuel price cut depends on global scenario: Deora

Justifying his government's decision to hike the price of petrol and diesel, Union minister for petroleum Murali Deora, at a function on dedication of Chennai Petroleum Corp Ltd sea water desalination plant, said government will go for downward revisioning of prices when the crude oil prices in the international market would cool off.

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Finally Admitting it: Eager to Tap Iraq's Vast Oil Reserves, Industry Execs Suggested Invasion

Two years before the invasion of Iraq, oil executives and foreign policy advisers told the Bush administration that the United States would remain "a prisoner of its energy dilemma" as long as Saddam Hussein was in power. That April 2001 report, "Strategic Policy Challenges for the 21st Century," was prepared by the James A. Baker Institute for Public Policy and the US Council on...

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Air India may get 5 independent directors

The government could look at inducting as many as five independent directors on the board of Air India as part of its plan to restructure the airline.

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'Equities backed by physical assets will do better'

Economics, it is said, is a means of telling people things that they already know in a language they don't understand.

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'Birla buyouts will turn out to be great in the long term'

Trying to digest a $6 billion acquisition in a shrinking economy, the group think-tank has more than a handful to keep itself occupied.

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Green shoots in hedges; more funds look East

After the brutal scorching, some green shoots are emerging in hedge funds. The second half of 2008 saw the liquidation of 1,200 hedge funds.

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RIL says HC overstepped. RNRL: Is petro min neutral?

Interestingly, both companies have leaned on 'public interest' in their appeals before the Supreme Court.

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Third straight quarter of profit decline forecast

The June quarter results are nigh. Have companies pulled themselves out of the rut? Few are ready to bet on that getting reflected in the fiscal's first-quarter.

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Psssst! The FM won't take questions

Post-Budget press conference by the finance ministers today draw some of the highest TRPs or television rating points, indicating high level of viewership.

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How Reliance ensures the Jamnagar refinery stays on track

Every organisation needs to build proactive support systems and utilise resources efficiently to ensure continuity in the value chain.

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Robust order book to power the transformer maker's bottomline

Emco Ltd is a well-known player in the transmission and distribution segment of the power sector.

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Crude inventories, US jobs data key

The markets witnessed a lower turnover week as the high base effect and caution in the trader camp impacted sentiments.

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Budget key to Re's fortunes

Financial markets began the second half of 2009 nervously after signs that economic recovery, which was seen around the corner, may be some time away.