By Administrator_India Capital Sands The Bank of England appears close to cutting interest rates for the first time in more than three years in Governor Mark Carney’s final policy vote on Thursday, the day before Britain leaves the European Union. The British central bank will assess the economy’s near standstill in late 2019, against early […]
By Administrator_India, Capital Sands Bank lending to euro zone companies dropped to a two-year low last month while household lending expanded to a post-financial-crisis high, suggesting a widening rift in the bloc’s economy, European Central Bank data showed on Wednesday. Many companies in the euro zone are struggling with plunging trade and a manufacturing recession, […]
By Administrator_India Capital Sands The Dow rallied sharply Tuesday, as the rout a day earlier attracted bargain buying across stocks, even as the bulk of corporate earnings failed to live up to Wall Street expectations. The S&P 500 rose 1%, while the Nasdaq Composite gained 1.4% and the Dow Jones Industrial Average rose 0.7%. Bargain-hunting investors piled into beaten-down sectors like tech […]
By Administrator_India, Capital Sands Gold prices fell on Tuesday as investors booked profits from the recent rally and the dollar firmed, although concerns over a new coronavirus kept safe-haven bullion underpinned. Spot gold fell 0.2% to $1,577.85 per ounce by 0820 GMT, after hitting a near three-week peak on Monday. U.S. gold futures were flat […]
By Administrator_India, Capital Sands India is seeking to renegotiate the long-term contract price of liquefied natural gas (LNG) it buys from Qatar, Oil Minister Dharmendra Pradhan said on Monday in New Delhi. “We need to re-examine the pricing mechanism” of the long-term natural gas deal with Qatar, Pradhan said at a gathering of industry officials […]
By Administrator_India, Capital Sands India’s corporate and income tax collection for the current year is likely to fall for the first time in at least two decades, over half a dozen senior tax officials told Reuters, amid a sharp fall in economic growth and cut in corporate tax rates. Prime Minister Narendra Modi’s government was […]
By Administrator_India, Capital Sands The International Court of Justice said on Thursday that it has jurisdiction to hear a case against Myanmar seeking emergency measures to prevent it committing genocide against its Rohingya minority. Presiding Judge Yusuf Abdulqawi, in the first minutes of reading the court’s decision, said the court does have sufficient jurisdiction to […]
By Administrator_India, Capital Sands Germany’s DAX index posted a record high shortly after the start of trading Wednesday, helped by the improved sentiment emerging from Asia regarding the new pneumonia-like virus in China. At 03:30 AM ET (0830 GMT), the benchmark index traded 0.5% higher at 13,627.38, just off the new high of 13,637.60. This breached the […]
By Ritu, Capital Sands China repeated its call on Monday for Canada to release detained Huawei Technologies Chief Financial Officer Meng Wanzhou as soon as possible, ahead of the executive’s first extradition hearing later in the day. “The resolve of the Chinese government to protect Chinese citizens’ proper legal rights is firm and unwavering,” foreign […]
By Ritu, Capital Sands Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve. Oil prices jumped as oilfields in southwest Libya began shutting down after forces loyal to Khalifa Haftar closed a pipeline, potentially […]
