Scotiabank

• 

  Asia Gold Demand To Fall 15-20% In 2016: Report

  Gold consumption in China and India, the world's top two buyers, is set to drop 15 to 20 per cent in 2016 after lower investment demand and jewellery sales, an official at a leading importing bank said.

• 

  Most Wall Street Firms See June Fed Rate Hike: Poll

  Many economists at Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June, even as the markets have been spooked by a five-year low in crude oil prices and wage growth remains weak.

• Global shares, dollar gain after GDP data eases Fed fears

  The benchmark S&P 500 stock index was on track for its biggest two-day gain in three weeks, cutting the decline since its all-time closing high a month ago to 3.95 per cent.

• RBI may cut repo rate to two-year low in May: poll

  Of the 42 analysts polled last week, 37 expect the RBI to cut the repo rate by 25 basis points to a two-year low of 7.25 per cent when it holds its policy review on May 3.

• BlackBerry shares rally on AT&T launch, takeover hopes

  BlackBerry shares rose 14 per cent on Monday, fueled by takeover speculation and news that AT&T Inc will start selling the new BlackBerry Z10 touchscreen smartphone in the United States on March 22.

• RIM sets stage for clients to run BlackBerry 10 devices

  Research In Motion (RIM) has released a new system to allow its biggest customers to use its new line of BlackBerry 10 smartphones on their own networks, paving the way for the January 30 launch of the make-or-break devices.

• Dollar eases, oil gains ahead of Fed minutes

  The dollar eased, helping to push oil prices higher on Wednesday, in a lackluster session that was mostly on hold ahead of the release of minutes from a Federal Reserve meeting of policy-makers in June.

• Banks told to go for radical rethink

  Banks need a radical overhaul to boost profitability against the backdrop of tougher new rules and a grim economy.

• India fails to placate investors on taxes

  India's move to amend a controversial set of tax proposals for overseas funds failed to gain traction with investors, leaving several measures ambiguous and punting the specifics for later. Though investors initially welcomed the concessions unveiled on Monday on the General Anti-Avoidance Rules, Indian stocks fell sharply and the rupee weakened on...

• 

  Darrell Hair does not trust the media

  Controversial Australian cricket umpire Darrell Hair kept the media at bay during the first Scotiabank ODI series.