WORLD


MDT/PTI 03 September 2012
According to market analysts, the might worsen as local governments have attempted to unleash a new round of stimulus packages amid the current economic downturn Beijing: China's state-run banks are facing increased bad loans partly due to a lending spree to support massive economic...

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When the markets finally realize the enormity of the debt problem across the world, no amount of stimulus will make much difference The potential for additional stimulus may have distracted the markets, but it has not solved any problems. This is especially true in Europe where investors...

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The purpose of stimulus is basically to manipulate the markets, which have taken the bait and have gone up relying on expected economic growth. But if the stimulus does not appear or simply does not work, the markets could be in for a large disappointment and larger correction It is my...

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MDT/PTI 22 August 2012
According to EFSF chief Klays Regling, eespite the lack of confidence of market participants and scepticism, the member-states of the Euro area have made significant progress on national level in reducing macroeconomic imbalances Mumbai: Contrary to the mainstream media perception and...

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Harsh Desai 22 August 2012
As the price of oil goes up and one weekly job report follows another, the pressure on President Obama can only mount.  To see in which direction the voter will swing on Election Day keep a lookout for the price of a barrel of oil                                                      What...

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Moneylife Digital Team 20 August 2012
Goldman Sachs’s recent note maintains that S&P 500 will be 1250 at year’s end, when currently it is at 1418 signifying huge downside David Kostin, who recently replaced perma-bull Abby Joseph Cohen as Goldman Sachs US Chief Equity Strategist, has warned investors that S&P is likely to...

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MDT/PTI 07 August 2012
China's corporate debt-to-GDP ratio stood at 107% in 2011, the highest in the world as large Chinese companies' debt burden is increasing after 2008   Beijing: Cautioning China's corporate debt ratio has reached a 'dangerous' levels, experts have warned against any stimulus measures...

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The economic impact of the drought will be more severe in emerging markets. With the global economy slowing, the bad harvests could not have come at a worse time. India has had trouble taming its inflation and now it will get worse The world’s food supply is in danger. Droughts around...

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Profits and growth depend on good management. Yet investors have the habit of lumping countries into categories based on vague criteria and assuming correlation across the class, a sure recipe for disaster in any language Recently I read several articles on a popular US financial website...

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The US Senate's Permanent Sub-committee on Investigations, said HSBC was found to be doing business with Al Rajhi Bank, whose key founder was an early financial benefactor of al Qaeda, and also have provided US dollars and services to some banks in Saudi Arabia and Bangladesh despite their...

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Brazil is confronted by slowdowns in its major export markets together with a home grown credit mess. It is doubtful that it can save itself, much less the rest of the world In February 2011, I wrote a piece about what I thought was a credit bubble in Brazil. I thought that the problem...

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MDT/PTI 03 July 2012
Barclays' senior management and multiple traders were involved in manipulating Libor and Euribor rates and the bank was slapped a 290 million pounds fine by the US and UK authorities   London: Barclays Plc on Tuesday said its chief executive officer Bob Diamond has resigned with...

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Moneylife Digital Team 02 July 2012
Despite European leaders agreeing to recapitalise banks directly instead of bailing them out vis-a-vis loans, Barclays believes that the Euro currency will be weak and will fall   Barclays, a leading British financial institution, believes that the market is expected to remain subdued...

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The best solution to the problem of tax evasion is to simplify both the tax and the regulatory environment   Periodically for the past two years we have been bombarded with stories about the Greek financial mess. The Greeks and several other countries in the Eurozone have very large...

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In a country where information is tightly controlled, the size and extent of the underground economy can only be guessed. When this part of the economy goes bust, the landing will be very hard indeed The Chinese economy, like the economies of the rest of the BRICs, is slowing. Despite...

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MDT/PTI 22 June 2012
A crisis in European banking system can choke trade, finance and economic growth not just in the Euro Zone but in the world at large   Bangalore: India on Friday said a crisis in the European banking system can choke trade and finance and in the process global economic growth, and...

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MDT/PTI 19 June 2012
As per a deal reached between Goldman and Gupta before the trial, the latter would have to reimburse the bank for the legal fees advanced to him if found guilty   New York: Financial services firm Goldman Sachs has paid a large chunk of the nearly $30 million legal fees for its former...

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MDT/PTI 19 June 2012
China will contribute $43 billion, while India, Brazil and Russia would contribute $10 billion each with South Africa giving $2 billion to the Euro zone bailout fund created by the IMF   Los Cabos: India and four other countries of the five-nation BRICS bloc on Tuesday gave a big...

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MDT/PTI 18 June 2012
While India accounted for only 0.14% of total foreign money in Swiss banks, the UK accounted for the largest share of little over 20%, followed closely by the US with about 18%   New Delhi: Indians' money in Swiss banks may have risen for the first time in five years, but they account...

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With a weakening global economy European markets will no doubt test those lows. When they do, the worst place to invest might just become the best Over the past few weeks an army of financial professionals have been frightening the markets about the potential meltdown in Europe. They...

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