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RBI mulls free float for rupee
After inflation targeting, RBI governor outlines next big financial reform
Sensex rallies on tax reforms, rupee recovery
The 30-share index’s biggest gain in more than a month was also supported by value-buying in beaten-down stocks, drop in oil prices and gains in global stocks, traders said.
Bonds, stocks rebound on UK election
Sterling leapt 1.3 per cent against the dollar and London’s FTSE led equity markets with a 1.9 per cent jump to help European shares rebound from two-month lows and wipe out what had looked like being a second week of losses.
European equities buck China concerns
The pan-European FTSEurofirst 300 equity index rose 0.3 per cent, with UBS shares gaining almost 7 per cent after the bank reported its highest quarterly profit in nearly five years.
Stocks pare losses after US data shock
Markets disappointed at 0.2% growth in Q1
Middle East funds bullish on oil rally
One major factor supporting investor sentiment in Gulf equities is oil.
Refining cushions fall in Shell’s Q1 profit
Shell is working hard to execute the BG deal as soon as possible before investors in BG start to take a more critical look at the terms amid a recent recovery in oil prices.
Oil dips on oversupply after Saudi reshuffle
Saudi reshuffles often move oil prices as stability in the world’s biggest oil-exporting country is key to global supplies.
Markets low ahead of earnings, Fed meeting
Greece gives hope deal will be concluded by May 9
Shares hit new high as Europe joins rally
China leads Asian equities to seven-year highs
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