Barack Obama – Man of 2009
Barack Obama , American President – Man of 2009 Markets are looking at him for reforms to bring back the economy to normalcy
Archive for the 'World Markets' Category
LSE volume hits lowest
Wednesday, September 17, 2008 By our correspondent LAHORE: The Lahore stock market recorded its lowest trading volume at 244,200 shares on Tuesday depicting the disinterest of investors while the …
Crunch time at AIG India
MUMBAI: The fate of Tata group's foreign insurance partner American International Group's India operations hangs in balance with its US-based parent body — the world's largest insurer — itself …
Sensex, Nifty on recovery mode; Tier II, III under pressure
MUMBAI: Equities were on recovery mode as domestic funds stepped in to pick up battered heavyweights. However, financial stocks continued to be under pressure given the negative sentiment in global…
BSE to launch Sensex futures trading in US
The contract will have a notional value of US$40,000 and a tick value of US$10. The clearing and settlement will take place through The Clearing Corporation, Chicago, which is a safe, reliable independent clearing house with a 75 year history of risk management. Bombay Stock Exchange (BSE), the oldest exchange in Asia, has announced that [...]
Popular Lehman stock deal sparks Wall Street rally
US stocks shot up the most in two weeks on Tuesday after strong demand for a Lehman Brothers share offering quelled fears it was headed toward a fate similar to Bear Stearns and raised optimism that the worst of the credit crisis may be over. A $19 billion write-down by Swiss bank UBS AG reinforced [...]