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Most of the Asian markets rose Tuesday as investors remained hopeful that the world's central banks would announce stimulus measures soon to help boost the global economic growth.Japan's Nikkei Stock Average rose 0.51 percent or 44.03 points to 8679.47. Among major gainers were Sharp Corp (5.10 percent), Panasonic Corp (4.79 percent) and Canon Inc (4.31 percent).The Chinese Shanghai Composite marginally...
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economic growth will fall below 6 percent in the first half of the current fiscal but would pick up thereafter and inflation would moderate to 7 percent by September, Kaushik Basu, outgoing chief economic advisor, said Tuesday."In the first two quarters, growth will remain below 6 percent. Hopefully, there will be a pick up after that," Basu said here in his last media interaction as chief economic...
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Most of the European markets fell Tuesday but investors remained cautious with the hope that the central banks all over the world would soon announce stimulus measures to tackle the weakening global economy.The German DAX 30 index was marginally down 0.09 percent or 5.91 points to 6768.15. Shares of Siemens AG dropped 0.46 percent and those ofThe French CAC 40 index fell 0.63 percent or 21.06 points...
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Asian stock markets advanced Tuesday, buoyed by expectations that the major central banks would announce further stimulus measures when they hold policy meetings later this week.'s benchmark Nikkei gained 0.69 percent or 59.62 points to 8695.06, Hong Kong's Hang Seng gained 1.08 percent or 211.14 points to 19796.81 and South Korea's Seoul Composite surged 2.07 percent or 38.20 points to 1881.99 while...
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EUROPEAN stock markets have fallen into the red as traders began to fret about whether the US and European central banks would fight economic downturns with decisive monetary policies.In London, the FTSE 100 dropped 1.02 per cent to close at 5635.28 points on Tuesday, hurt also by disappointing results from energy major BP.The Paris CAC 40 index gave up 0.87 per cent to 3291.66 points, while Frankfurt's...
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economic growth will fall below 6 percent in the first half of the current fiscal but would pick up thereafter and inflation would moderate to 7 percent by September, Kaushik Basu, outgoing chief economic advisor, said Tuesday.“In the first two quarters, growth will remain below 6 percent. Hopefully, there will be a pick up after that,” Basu said here in his last media interaction as chief economic...
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