Oil,gas stocks prop up investor wealth

Posted by admin on April 4, 2009 under News | Read the First Comment

Oil,gas stocks prop up investor wealth
MUMBAI: The new financial year has begun on a positive note for equity investors, though it is too early to say if it portends better times ahead. Some of the sectors, which bore the brunt of the b…

Fifty-four detained in Turkish bourse probe: TV (Reuters)

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Fifty-four detained in Turkish bourse probe: TV (Reuters)
Reuters – Fifty-four people have been detained as part of an investigation into alleged market manipulation at the Istanbul Stock Exchange (IMKB), broadcasters said on Thursday.

Glance-G20, econ data, boosts banks, commods FTSE jumps

Posted by admin on April 3, 2009 under News | Be the First to Comment

Glance-G20, econ data, boosts banks, commods FTSE jumps
By Simon Falush LONDON, April 2 (Reuters) – A sharp rally in banks, commodity stocks and the broader market, boosted by G20 measures to ease the economic crisis, lifted Britain's top share index 4.3 p…

China’s Stock Market Pops 30% In Q1 (Investor’s Business Daily)

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China’s Stock Market Pops 30% In Q1 (Investor’s Business Daily)
Investor’s Business Daily – The Shanghai Composite index outperformed all global markets in the first three months of the year, logging its best first-quarter start since 2000. The SCI soared 30%, while the MSCI Emerging Markets index ended flat and the FTSE World index lost 9%.

Assets of $248bn Wall St conman seized

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Assets of $248bn Wall St conman seized
US FEDERAL prosecutors have vowed that yachts and luxury property seized in Florida and New York from jailed fraudster Bernard Madoff will be sold in aid of his victims. US marshals have dismantled t…

Wall Street climbs on economy, bank rule and G20 (Reuters)

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Wall Street climbs on economy, bank rule and G20 (Reuters)

Traders work on the floor of the New York Stock Exchange, April 2, 2009. U.S stocks rallied for a third day on Thursday as more data pointed to a stabilizing economy and changes to a bank-accounting rule were seen as shoring up the volatile financial sector in the short term.     REUTERS/Brendan McDermid (UNITED STATES BUSINESS)Reuters – Stocks rallied for a third day on Thursday as more data pointed to a stabilizing economy and changes to an accounting rule were seen as shoring up the volatile financial sector in the short term.


Glance-G20, econ data, boosts banks, commods FTSE jumps

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Glance-G20, econ data, boosts banks, commods FTSE jumps
By Simon Falush LONDON, April 2 (Reuters) – A sharp rally in banks, commodity stocks and the broader market, boosted by G20 measures to ease the economic crisis, lifted Britain's top share index 4.3 p…

The gadfly gets her day: Davis to ring NYSE bell (AP)

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The gadfly gets her day: Davis to ring NYSE bell (AP)

In this May, 1999 file photo, Evelyn Y. Davis, then, a DaimlerChrysler shareholder from Washinton D.C., waves to the photographers as she enters the podium to pose under the DaimlerChrysler sign prior to the annual general meeting of the concern in Stuttgart's Hanns Martin Schleyer Hall. Davis is being honored by the New York Stock Exchange on Wednesday, April 1, 2009. The shareholder advocate, who calls herself the 'queen of the corporate jungle,' has been invited to ring the closing bell. (AP Photo/Thomas Kienzle, file)AP – Evelyn Y. Davis was raking CEOs over the coals before it was popular.


Market closes nearly 3pc up

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Market closes nearly 3pc up
MELBOURNE – The Australian share market closed almost three per cent higher, with strong gains from banks and big miners pushing the local bourse into positive territory.At the close, the S&P/ASX200 w…

World stocks surge as G20 seeks historic deal (AFP)

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World stocks surge as G20 seeks historic deal (AFP)

A Pakistani stockbroker watches a share price board at the Karachi Stock Exchange on April 1. Asian and European stocks soared Thursday as dealers hoped the G20 summit would produce a plan to solve the world financial crisis, while positive US economic data also boosted confidence, traders said.(AFP/Asif Hassan)AFP – Asian and European stocks soared Thursday as dealers hoped the G20 summit would produce a plan to solve the world financial crisis, while positive US economic data also boosted confidence, traders said.