by Admin 2013-01-03 | Like 32 |1014 Views

US markets welcome Congress deal

US markets welcome Congress deal

US stocks surged in the first trading session of the new year, rising sharply after lawmakers reached a last-minute budget accord to prevent huge tax rises and spending cuts. The S&P 500 climbed 1.8 per cent to 1,451.38 by midday in New York. The

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 Gold rose more than 1% to a two-week high on Wednesday, in line with other commodities and stock markets after the US Congress passed a bill fending off huge tax hikes and spending cuts that threatened to jeopardise economic growth.

Gold hits two-week peak after US budget ...

Description : Gold rose more than 1% to a two-week high on Wednesday, in line with other commodities and stock ma...

Tags : fiscal cliff,USA,USA news,gold market,st...

Indian shares opened higher tracking similar strength across Asian markets, which posted gains after Cyprus reached a preliminary agreement on a bailout deal.

India Shares Rise on Cyprus Deal ...

Description : Indian shares opened higher tracking similar strength across Asian markets, which posted gains after...

Tags : Business,Sensex,BSE,Nifty,Stock Markets,...

 
Shares of Wipro Ltd surged as much as three per cent in the morning trade today, after the IT major said it will buy Singapore’s LD Waxsons Group for $144 million.

Business Line : Markets / Stock Markets ...

Description : Shares of Wipro Ltd surged as much as three per cent in the morning trade today, after the IT maj...

Tags : Wipro, Wipro Consumer Care and Lighting,...

Hope rests with Senate with a week to go until deadline to avoid tax rises and the Christmas holiday beginning

US stock markets fall again as prospect ...

Description : Hope rests with Senate with a week to go until deadline to avoid tax rises and the Christmas holiday...

Tags : Fiscal cliff,US taxation,US economy,Bara...

BANGKOK — Asian stock markets rose Thursday as a weakening yen propelled Japan’s benchmark higher. A new bond-buying program by the U.S. Federal Reserve and commitment to keep interest rates low also soothed investor nerves about the state of the world’s biggest economy.

Asian stock markets rise with Japanâ€...

Description : BANGKOK — Asian stock markets rose Thursday as a weakening yen propelled Japan’s bench...

Tags : World Markets,Barack Obama,Hong Kong,Eas...

Corporate India announced merger and acquisition deals worth nearly $10 billion in the month of November, taking the year-to-date total to over $41 billion, according to global consultancy firm Grant Thornton.

India Inc\'s M&A deal tally touches $41 ...

Description : Corporate India announced merger and acquisition deals worth nearly $10 billion in the month of Nove...

Tags : M&A deal, Grant Thornton, Deal Tracker, ...

Advancing shares outnumbered declining ones by 939 to 776 on the Bombay Stock Exchange that drove BSE Midcap and Smallcap Indices 0.4 percent higher.

Nifty flat to negative; Ranbaxy Labs dow...

Description : Advancing shares outnumbered declining ones by 939 to 776 on the Bombay Stock Exchange that drove BS...

Tags : BSE,Sensex,Nifty,NSE,Markets today,Globa...

The agreement  of the EU Commission\'s draft on Tuesday mandate for the new trade talks with the US is a significant development, according to Minister for...

Significant development of EU-US trade d...

Description : The agreement  of the EU Commission\'s draft on Tuesday mandate for the new trade talks with the ...

Tags : Business,EU-US trade deal,European Union...

Indian shares edged higher in morning trades on Wednesday  led by buying in rate-sensitive sectors such as banks, real-estate ahead of the  Reserve Bank of India monetary policy next week amid hopes the central bank may cut interest rates to boost growth.

Markets edge higher, RBI policy key...

Description : Indian shares edged higher in morning trades on Wednesday  led by buying in rate-sensitive sector...

Tags : BSE,Sensex,Stock Market news,Stock Marke...

Markets continue to trade on a weak note in the early noon deals on the back of selling pressure visible in the heavyweight pockets.

Heavyweights drag markets lower...

Description : Markets continue to trade on a weak note in the early noon deals on the back of selling pressure vis...

Tags : Markets, Sensex, Nifty,stock market,busi...