Tag - Stock market
Yesterday was a 'Black Monday' for investors throughout the globe, with stocks in American, European and the Asian markets witnessing unprecedented downslide amidst fears of the US economy moving towards recession. In London, FTSE crashed by 217.3...
The state-owned oil and natural gas behemoth PetroChina is expected to surpass US energy giant Exxon Mobil as the world's most valued company. This comes at a time as PetroChina is making its debut on the Shanghai Stock Exchange. The Chinese company's...
A still buoyant Wall Street closed moderately lower yesterday, having scratch its way back from an early-session nose-dive after positive manufacturing data dispelled fears of flagging US economy. The Dow Jones industrials average closed 34 points...
The Chinese stock market is developing into a bubble and investors may land in trouble as they are behaving irrationally, said a top Chinese legislator. The Chinese authorities have recently expressed concerns over people's behavior in the stock...
China's central bank has recently raised the reserve requirement ratio for banks to tighten the noose for inflation threat. This is the fourth time in six months central bank has raised the reserve requirement ratio to check the nation's money...
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