Markets

by | February 22, 2018 | 13:49

Labour Minister Santosh Gangwar, who heads the Central Board of Trustees said he expects the finance ministry to give concurrence to the 8.55 percent rate of interest. The equity investment limit for EPFO's investments has been retained at 15 per cent. Interest rates in the economy have been falling and rates on other small savings including the public provident fund (PPF) which competes with EPF as a retirement fund has also been reduced in recent times.

by | February 22, 2018 | 12:27

McDonald's is capitalizing on the insane popularity of its limited-edition Szechuan sauce with a new website, a podcast - and a promise to release more info (but not the little containers of the stuff itself) this Thursday. The diehard fans, some of whom had shown up at the locations as early as 4 a.m., were furious at McDonald's. Alright, Rick and Morty fans, get ready to mark your calendars.

by | February 22, 2018 | 09:58

Harker told reporters that he believes two rate increases in 2018 would be appropriate. Kashkari dissented on every Fed rate hike previous year. Yet Thursday's release of U.S. "I suspect, however, that when the next economic downturn eventually comes, tax receipts fall and the deficit widens that Treasury spreads will widen further", said Guy LeBas, chief fixed income strategist at Janney Montgomery Scott in Philadelphia.

by | February 22, 2018 | 09:49

The arrest was made on late Tuesday night. Modi and his uncle Choksi, along with directors of the Modi and Gitanjali groups are under investigation by the Central Bureau of Investigation and the ED for the alleged Rs 113 billion fraud on Punjab National Bank , by using its Letters of Undertaking and Foreign Letters of Credit to raise and rollover money.

by | February 22, 2018 | 06:31

The company does say that it is committed to having a safe and respectful culture and expects its leaders to uphold those values. You might also be interested in. He joined Ford in 1987 and rose through the automaker's manufacturing and engineering ranks to become head of global product development in 2015. In an open letter after the New York Times published a widely read article on the matter, Hackett wrote "there is absolutely no room for harassment at Ford Motor Company".

by | February 22, 2018 | 05:32

Callahan Advisors Llc who had been investing in Monsanto Co New Del for a number of months, seems to be bullish on the $53.24 billion market cap company. At the time of writing, the 14-day ADX for Crombie Real Estate Investment Trust (CRR.UN.TO) is 40.99. Comerica National Bank stated it has 74,810 shares.

by | February 22, 2018 | 05:32

The government, on Wednesday asked telecom service operators to start issuing 13-digit numbers for machine-to-machine (M2M) services, which are based on SIMs. The deadline for the completion has been set as December 31, 2018. M2M communication can include a gas, electricity or water meter communicating information it records such as consumption level, or a vending machine alerting distributor when stocks run low, or transmission of data about personal appliances.

by | February 22, 2018 | 04:21

British Columbia moved to ease the province's housing crisis Tuesday with a new tax on property speculators and higher taxes on foreign homebuyers with a budget that plans to create 114,000 affordable housing units over the next decade. Finance Minister Carole James says the financial blueprint also includes measures to dampen speculation in the province's red-hot real estate market.

by | February 22, 2018 | 04:17

It has outperformed by 20.12% the S&P500. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the stock. Martin Currie Ltd accumulated 157,300 shares or 0.94% of the stock. Following the completion of the transaction, the insider now owns 81,185 shares in the company, valued at approximately $1,311,949.60.

by | February 22, 2018 | 03:00

The Ohio Association of Realtors said Wednesday that sales of new and previously owned homes declined from December and were down 3.3 percent from January of 2017. He added: "It's very clear that too many markets right now are becoming less affordable and desperately need more new listings to calm the speedy price growth".

by | February 22, 2018 | 02:28

Emerging market stocks lost 0.58 percent, and Asian stocks were also subdued. There is an ongoing discussion among investors and observers about the extent of true slack in the economy, meaning how much stimulus can be absorbed without hitting constraints in the labor market.

by | February 22, 2018 | 00:15

The employee would also have the right to object to the automated collection of his personal data, ask Gunter's firmto correct inaccurate data, or ask for all of his personal data, including metadata, to be put onto a device or transmitted to him-and deleted forever from the company's servers and devices.

by | February 21, 2018 | 23:58

After discovering the error, Zaif voided the transactions, but, according to Reuters , was still in negotiation with one of the lucky clients who got bitcoins for nothing and tried to transfer them from the exchange. According to Reuters , which cites unnamed sources, the crypto exchanges made a decision to form a self-regulating body to better safeguard investors after the Coincheck hack.

by | February 21, 2018 | 22:59

German services PMI fell to 55.3 from near seven-year high of 57.3 in January, against the expectation of 56.9. The Flash Markit/Nikkei Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 54.0 in February from a final 54.8 in January.

by | February 21, 2018 | 22:29

The U.S. Treasury Department has issued more debt in anticipation of a higher deficit from last year's major tax overhaul and a budget deal that will increase federal spending over the next two years. Chinese financial markets will resume trading tomorrow after being shut for the past week for the Lunar New Year. Sydney gained 0.1 percent, Singapore put on 0.4 percent and Seoul was up 0.3 percent.

by | February 21, 2018 | 21:35

Safety standards were poor and the lives of the miners miserable. The government aims to bring efficiency, transparency, introduce competition and bring in new investment in terms of technology into the coal mining industry. West Bengal, Odisha, Jharkhand, Chhattisgarh, and Madhya Pradesh are the major coal bearing sates. Although a section of coal consumers perceive that it will make the landscape more competitive and will lead to better price discovery, Coal India officials are ...

by | February 21, 2018 | 20:58

While Nirav Modi appointed bankers for his Firestar Diamond initial public offer (IPO) past year, Gitanjali Gems' arm Nakshatra World received capital markets regulator Sebi's go-ahead for an IPO last November. Punjab National Bank (PNB) on Wednesday disclosed that it has detected some fraudulent transactions with financial implication of $1.77 billion (about Rs 11,346 crore) and the matter has been referred to law enforcement agencies for the recovery.

by | February 21, 2018 | 20:30

About 3.89 million shares traded or 21.07% up from the average. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 22.99% since February 21, 2017 and is uptrending. HSBC maintained Hikma Pharmaceuticals PLC (LON:HIK) rating on Friday, May 5. The company was maintained on Friday, September 16 by Scotia Capital. The firm earned "Buy" rating on Tuesday, September 19 by Jefferies.

by | February 21, 2018 | 20:28

The option has been tested in San Franciso and Boston since late previous year, and received "positive" reviews, Ethan Stock, Uber's product lead, told reporters in a media briefing on Tuesday. Once the riders are picked up, the app will then drop off the riders in locations that are also within walking distance of the original rider's destination.

by | February 21, 2018 | 17:40

Cumberland Partners Ltd who had been investing in Time Warner Inc for a number of months, seems to be less bullish one the $74.44 billion market cap company. Time Warner Inc. (TWX) indicated a yearly performance of -1.38% while year-to-date (YTD) performance stood at 3.85%. Therefore 61% are positive. On average, equities research analysts forecast that Time Warner Inc.