Market Sense

Americans live in a disillusioned world. Any country where you can get firearms at a department store has surely gone wrong somewhere. It’s a little flabbergasting to know that when I trot into a mall to get my groceries, there’s a .45 on the shelf.

Barclays' chances for the ABN Amro seem to dwindle after slump in the UK firm's share price wiping billions off its bid. Volatility in the market, due to the subprime crises sent Barclays' shares down about 16% since it proposed £45.4bn (67.5

The Federal Reserve cut the Fed rate or the main interest rate by 25 basic points on Tuesday to 4.25%. Contrary to the expectations of most investors, the Fed did not reduce the bank rate by 50 basic points. A disappointed equity market responded by a...

Is the Indian stock exchange fast becoming the best bet for global investors? Going by the sharp increase in the Bombay Stock Exchange Sensitive index over the past few months it could be safely said that the Indian equities market has become the...

Against the will of European Union, Russia has nominated former Czech central bank chief Josef Tosovsky to head the International Monetary Fund (IMF). European Union has already formed a consensus on the name of former French finance Minister...

India and other Asian countries have been reaping immense benefits since the past decade due to large US and European companies outsourcing or rather off-shoring back-office operations to these nations, which reportedly had a large and growing pool of...

Stock markets are again under the US subprime's vicious gloom as credit crunch creates panic among the investors. Beset by credit crisis in the global financial markets and tumbling house prices across the country are affecting the stock markets...

Recent trend in the global market and credit crunch in the domestic market might be the harbinger of an economic slowdown for UK. The Bank of England's top economist Charlie Bean forecasted a severe economic downturn on Wednesday, 31 October, in a City...

Chinese consumer electronics manufacturer Sichuan Changhong Electric Co. has announced that Microsoft Corp. will purchase $12.3 million worth of shares to become a strategic investor in the company. The firm further informed that it would work with...

Dow Jones's strong industrial average pushed Wall Street up as bond yields eased and economic data came in stronger than expected. Inflation concerns had been degrading stocks from last week. While trading, Dow Jones recorded a 187.34, or 1.41...