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Chinese brokers woken from global dreams by market emergency

Chinese brokers had been looking to use some of the cash they raised this year to expand their global reach The business plans and overseas ambitions of Chinese brokerages are being shelved as......

Sensex gains 185 points to end above 25,900

Benchmark share indices ended higher amid short covering in late trades with auto and realty shares leading the gains as the SLR cut by the RBI would facilitate funding of credit to both these......

Sensex gains 242 points to end above 25,700 led by IT

Markets rebounded on Monday to end higher amid a late surge led by IT shares after upbeat US economic data last week indicated improving business environment in the world's largest economy. Gross......

The rising vulnerability of emerging markets

Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate, says Abheek Barua. Europe's ability to shock......

Dabur's Burmans to enter i-banking, broking

The Burman family, promoter of Dabur India, is likely to buy less than 26 per cent stake in the Indian unit of Portuguese investment banking and securities firm Espirito Santo.Negotiations are at......
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Portugal's ropey bank rescue comes home to roost

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Portugal's ropey Banco Espirito Santo rescue has come home... ...
ECB finds €1.74 billion capital gap in review of nine banks

ECB says four banks at which shortfalls were identified have already covered the gaps by measures including capital raising Frankfurt: The... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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