World stock rally pauses in holiday-affected trade
Monday May 6, 2013
The dollar edged up against the yen on Monday and stocks held near last week's multi-year highs as the global economic outlook, brightened by strong U.S. jobs data, buoyed sentiment.
European share gains stall in holiday-affected trade
Monday May 6, 2013
The dollar edged up against the yen on Monday and European stocks clung near last week's multi-year highs after a strong U.S. jobs report eased concerns about the global economic growth outlook.
A Kerala family may come in for $900 million Saudi bonanza
Indo-Asian News Service | Monday April 22, 2013
A family in Kerala, the Keyis of Kannur district, may have struck gold - the state government has taken up with the Centre the issue of about $900 million due to them, being held by the treasury of Saudi Arabia.
RIL earns nearly Rs 8,000 crore from treasury operations
Sunday April 21, 2013
Sitting on a huge cash pile of nearly Rs 83,000 crore, polyester-to-petroleum-to-retail conglomerate has earned close to Rs 8,000 crore through its treasury operations -- investments of surplus funds in financial markets -- during the last fiscal yea...
State Bank of India raises $1 billion via bond sale
Friday April 12, 2013
according to Citigroup, one of the merchant bankers in the sale. "SBI successfully sold its five-year senior unsecured bond (REG S) at 255 bps over the US Treasury yielding a coupon of 325 base per annum raising $1 billion through its London branc...
Barack Obama to return five per cent of salary to Treasury
Associated Press | Thursday April 4, 2013
The White House says President Barack Obama will return 5 per cent of his salary to the Treasury in light of automatic spending cuts that have led to furloughs for thousands of US government workers.
Odisha assembly stalled over special category status issue
Press Trust of India | Tuesday April 2, 2013
Odisha Assembly today witnessed pandemonium with opposition Congress protesting the speaker's refusal to allow a debate on the demand for special category status to the state and treasury bench raising voice against alleged gang-rape of an Odia woman...
Nasdaq to buy eSpeed platform for $750 mn
Tuesday April 2, 2013
Nasdaq OMX Group Inc agreed to buy electronic Treasuries-trading platform eSpeedfrom BGC Partners Inc for $750 million in cash, providing the exchange operator an entry into one of the world's largest and most liquid cash markets.
RBI notifies simplification of foreign investment rules in debt
Monday April 1, 2013
The Reserve Bank of India (RBI) said the debt limit available for overseas investors has been merged into two broad categories - federal debt and corporate debt.
Doing business in India is messy, US investors tell government
Saturday March 23, 2013
At a two-hour long meeting held at the US Treasury Department, convened by the Under Secretary of Treasury, Lael Brainard, a select group of American investors, corporate leaders and officials made an assessment of the current investment climate in I...
US Federal Reserve holds firm to stimulus plan despite better data
Thursday March 21, 2013
The Federal Reserve on Wednesday pressed forward with its aggressive efforts to stimulate the U.S. economy through large-scale bond purchases, saying unemployment remains too high and citing "restrictive" fiscal policy.
Fed to stick to stimulus as Cyprus rekindles global risks
Wednesday March 20, 2013
The Federal Reserve looks set to sustain its $85 billion monthly bond-buying stimulus despite improving U.S. economic data as a new flare-up in the euro zone crisis reminds officials of a risky global environment.
Global shares, euro fall on continued Cyprus concerns
Wednesday March 20, 2013
Global stock markets fell on Tuesday, extending the previous day's decline as investors continued to fret about a bail-out plan for Cyprus and the possible effect on the euro zone should it collapse.
China's leader Xi Jinping meets US treasury secretary Jack Lew
Associated Press | Tuesday March 19, 2013
Chinese leader Xi Jinping said Beijing wants strong ties with Washington as he held talks with the US Treasury secretary on Tuesday in his first meeting with a foreign official since being appointed president.
Dow's winning streak ends; dollar falls
Saturday March 16, 2013
Wall Street stocks fell on Friday as a drop in JPMorgan Chase led to the end of Dow Jones industrial average's 10-day rally, while the dollar retreated from a seven-month high despite more signs the U.S. economy is strengthening.
