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Russian Ruble Lowers Against U.S. Dollar

The Moscow Times Business - 55 minutos 10 segundos atrás
Russia's ruble opened 0.5 percent lower against the dollar on Wednesday.
Categorias: Russia

European Companies Dragged Down by Western Sanctions Against Russia

The Moscow Times Business - 58 minutos 4 segundos atrás
At a recent technology fair in Moscow, European executives faced the new reality of doing business in Russia: The number of companies at the international showcase had shrunk by half from a year ago.
Categorias: Russia

Samsung Group sells stakes in four firms for 1.9 trillion won

Samsung Group is selling stakes in four chemical and defence firms for 1.9 trillion won (HK$13.3 billion) to Hanwha Group in the latest move in the restructuring South Korea’s largest conglomerate.

Categorias: , China

Indian eCommerce market to hit $15 bn: Google - INDOlink

India Business Market - Google News - 2 horas 45 minutos atrás

Indian eCommerce market to hit $15 bn: Google
NEW DELHI: Increasing Internet penetration and growing preference for shopping online will drive the eCommerce market in India to USD 15 billion by 2016 with a whopping 100 million people going online to shop, tech giant Google has said.

and more »
Categorias: India

Vitasoy says net profit up 22pc on strong growth in China, Hong Kong

Vitasoy International, the largest Hong Kong beverage maker, reported a 22 per cent growth in net profit to HK$222 million for the six months ended September 30, boosted by strong growth in China and in Hong Kong.

Categorias: , China

Rupee gains 5 paise against dollar

The Times of India - 3 horas 50 minutos atrás
Lower opening of dollar in the domestic equity market limited the rise of Rupee.

Categorias: India

Sensex falls 55 points in early trade

The Times of India - 3 horas 52 minutos atrás
The benchmark BSE sensex fell over 55 points in early trade on Wendesday on offloading of positions by speculators ahead of monthly expiry in the derivatives segment amidst mixed global cues.

Categorias: India

Amax International looking to raise HK$9.21m in share placement

Amax International, a junket operator controlled by Macau businessman Ng Man Sun, plans to raise HK$9.21 million in a share placement to up to six investors, according to a filing with the Hong Kong stock exchange on Wednesday.

Categorias: , China

Watchdog calls on CME to beef up 'spoofing' detection

South China Morning Post - Markets - Ter, 11/25/2014 - 23:09

CME Group, the world's largest futures market operator, should continue to develop strategies to detect an illegal trading practice known as "spoofing", the US Commodity Futures Trading Commission said.

Categorias: , China

Japan's Sony targets 70pc jump in electronic devices revenue

Japan's loss-making Sony Corp is targeting a near 70 per cent jump in revenue for its electronic devices division over the next three years, even as it warned further restructuring was in store for its television and smartphone units.

Categorias: , China

Investor interest in IPOs holds Chinese stock market hostage

South China Morning Post - Markets - Ter, 11/25/2014 - 22:55

So much money is chasing after China's next round of initial public offerings that the nation's US$4.3 trillion stock market has become hostage to the fundraising plans of companies seeking just US$1.3 billion.

Categorias: , China

Chart of the day: False hope for pound-euro

South China Morning Post - Markets - Ter, 11/25/2014 - 22:55

Yes, it is an old story, but the British pound has gained against the euro since July last year when 87 pence were needed to buy one unit of the single currency.

Categorias: , China

Chow Tai Fook outlook dulls as profit drops 23pc

Weak sales of gold products saw Chow Tai Fook Jewellery Group, the world's largest jewellery retailer by market value, post a 23 per cent drop in half-year profit yesterday.

Categorias: , China

Rajan slams banks for ‘hiding’ NPAs

The Times of India - Ter, 11/25/2014 - 21:10
: In his most hard-hitting speech against recalcitrant defaulters, Reserve Bank of India governor Raghuram Rajan has said that the amount written off by banks as bad debts in the last five years would have been enough to fund the education of 15 lakh of the poorest children in the top private universities of the country, all expenses paid.

Categorias: India

India to US: Tech companies violating copyright law

The Times of India - Ter, 11/25/2014 - 21:09
For years, the US has blamed lax policing in countries such as India for a boost to piracy.
Categorias: India

Can’t pay Rs 580 crore due to financial crunch: DLF to SC

The Times of India - Ter, 11/25/2014 - 21:06
Leading realtor DLF has moved the Supreme Court, expressing its inability to meet the court-fixed November 26 deadline to deposit Rs 630 crore as a pre-condition to entertain its appeal against the Competition Appellate Tribunal’s (Compat’s) decision of imposing the hefty penalty.
Categorias: India

Airtel prices 4G packages below 3G to counter Reliance Jio

The Times of India - Ter, 11/25/2014 - 21:03
Data tariffs for mobile phones are set for a major fall with Bharti Airtel offering high-speed 4G packs below the prices of 3G plans.
Categorias: India

Kotak 1st bank to fully own an insurance business

The Times of India - Ter, 11/25/2014 - 20:57
Kotak Mahindra Bank on Tuesday became the first bank to get the Reserve Bank of India’s (RBI’s) permission to set up a wholly-owned non-life insurance company.
Categorias: India

Standard & Poor Predicts Russia Will Avoid Recession, Downgrade

The Moscow Times Business - Ter, 11/25/2014 - 20:38
Russia's economy will dodge recession and see a modest revival of growth as the ruble currency strengthens slightly and oil prices stabilize at $90 per barrel, ratings agency Standard & Poor's said Tuesday.
Categorias: Russia

Oil Price Plunges as Russia Fails to Agree Output Cuts With Oil Exporters

The Moscow Times Business - Ter, 11/25/2014 - 19:58
Talks between Saudi Arabia, OPEC member Venezuela and oil powers Russia and Mexico failed to find an agreement to address a growing oil glut, with no side saying they would lower output despite a collapse in prices.
Categorias: Russia
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