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Indian Shares Likely To Extend Gains After CRR Cut

3/11/2012 11:19 PM ET (RTTNews) – Indian shares are likely to open higher on Monday, extending Friday’s rally after the Reserve Bank of India unexpectedly cut its reserve requirement for banks by 75 basis points on Friday to ease liquidity crunch expected due to advance tax outflows. The move ahead of this week’s official rate [...] [...]

Japanese Market Pares Some Early Gains

3/11/2012 10:04 PM ET (RTTNews) – The Japanese stock market moved higher in early trading on Monday, buoyed by a surge in core machinery orders in January and the yen’s decline against the U.S. dollar. However, with a section of investors treading cautiously at higher levels, the market pared most of its early gains and [...] [...]

Thai Stock Market May Extend Gains

3/8/2012 9:47 PM ET (RTTNews) – The Thai stock market on Thursday snapped the two-day losing streak in which it had given away almost a dozen points or 1 percent. The Stock Exchange of Thailand finished just below the 1,170-point plateau, and now analysts are forecasting further upside at the opening of trade on Friday.The [...] [...]

Thai Stock Market May Extend Gains

3/8/2012 9:47 PM ET (RTTNews) – The Thai stock market on Thursday snapped the two-day losing streak in which it had given away almost a dozen points or 1 percent. The Stock Exchange of Thailand finished just below the 1,170-point plateau, and now analysts are forecasting further upside at the opening of trade on Friday.The [...] [...]

Indian Shares Give Up Early Gains

3/6/2012 6:14 AM ET (RTTNews) – Indian shares fell in volatile trading on Tuesday after it became clear that the Samajwadi Party will form the next government in India’s most populous state of Uttar Pradesh without outside support from the Congress party. The Congress trailed in fourth place, a severe blow for Rahul Gandhi, who [...] [...]

Malaysia Stock Market May Extend Gains

3/1/2012 7:00 PM ET (RTTNews) – The Malaysia stock market has finished higher now in back-to-back sessions, rising more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index finished just below the 1,575-point plateau, and now traders are expecting additional support when the market opens on Friday.The global forecast for [...] [...]

Japanese Market Trades Higher Despite Paring Early Gains

2/29/2012 9:07 PM ET (RTTNews) – The Japanese market is trading firm on Thursday with recent strong U.S. economic data and a weaker yen buoying up sentiment and prompting investors to indulge in some hectic buying in several front line stocks.Shares from automobile, electric power, precision instruments and marine transport sectors are mostly trading higher. [...] [...]

Indian Shares Pare Gains After Weak Q3 GDP Numbers

2/29/2012 6:23 AM ET (RTTNews) – Indian shares pared early gains on Wednesday, as government data showed the nation’s economy grew at the slowest pace in almost three years in the third quarter. Gross domestic product rose 6.1 percent in the third quarter to December, lowest in more than 2 years falling short of consensus [...] [...]

Is it time to raise taxes on capital gains?

NEW YORK (CNNMoney) — The tax bills of Mitt Romney and Warren Buffett raise a long-running question: Why do Americans get taxed less on their investment gains than on their paychecks?In fact, for much of the past century, long-term capital gains have been taxed at lower rates than ordinary income, although often at levels higher [...] [...]

Australian Market Pares Some Early Gains

2/16/2012 8:36 PM ET (RTTNews) – After opening on a strong note following a positive lead from Wall Street where stocks moved higher overnight on some upbeat economic data, the Australian stock market gave up some gains on Friday with investors taking some profits at higher levels. Still, with the mood remaining fairly bullish, the [...] [...]

China Stocks May Reverse Wednesday’s Gains

2/15/2012 7:49 PM ET (RTTNews) – The China stock market on Wednesday snapped the two-day slide in which it had fallen just 8 points or 0.3 percent. The Shanghai Composite Index finished just above the 2,365-point plateau, and now investors are bracing for renewed if mild contraction when the market kicks off trade on Thursday. [...] [...]

Malaysia Stock Market May Extend Gains

2/14/2012 7:01 PM ET (RTTNews) – The Malaysia stock market has finished higher now in back-to-back sessions, although it has risen just 5 points or 0.3 percent in that span. The Kuala Lumpur Composite Index settled just above the 1,565-point plateau, and now analysts are forecasting additional support for the market at the opening of [...] [...]

Indian Shares May Extend Gains

2/14/2012 10:19 PM ET (RTTNews) – Indian shares may extend gains for a third day on Wednesday, mirroring firm Asian cues as optimism prevails that Greece will commit to austerity measures. Renewed buying interest from foreign institutional investors and expectations that the Reserve Bank of India may start cutting interest rates from April could also [...] [...]

Indian Markets May Extend Gains

(RTTNews) – The Indian markets may extend the previous session’s rally on Tuesday, as reports suggest that European leaders are closer to arriving at a solution to end the debt crisis. U.S. Stocks rallied overnight and other Asian markets are trading mostly higher, albeit posting modest gains. German officials are insisting their neighbors commit to [...] [...]

Australian Market Pares Early Gains

(RTTNews) – After a firm start and a subsequent rise to higher levels following a positive lead from U.S. and European markets, the Australian stock market faltered on Tuesday with a section of investors treading cautiously and trimming down positions. The benchmark S&P/ASX 200 index, which tumbled to 4,051.6 after rising to around 4,085, is [...] [...]

Taiwan Stock Market Tipped To Extend Gains

(RTTNews) – The Taiwan stock market has finished higher in two of three trading days since the end of four-day losing streak in which it had declined more than 570 points or 8.4 percent. The Taiwan Stock Exchange finished just shy of the 6,900-point plateau, and now traders are looking for further upside at the [...] [...]

Asian Stocks Extend Gains On Europe Hopes

(RTTNews) – Asian stocks extended gains for a second consecutive session on Tuesday amid hopes that European leaders are considering new, radical proposals to end their debt crisis. Sharp gains on Wall Street and in Europe overnight helped investors shrug off data showing weaker than expected U.S. new home sales and Fitch’s warning over the [...] [...]

Rupee up on local shares; gains seen short-lived

A bank employee counts currency notes at a cash counter inside a bank in Agartala February 26, 2010. Credit: Reuters/Jayanta Dey/FilesMUMBAI | Mon Nov 28, 2011 11:46am IST MUMBAI (Reuters) – The rupee gained on Monday, as domestic equities rose on hopes the government will push more reforms, and as the euro firmed on optimism [...] [...]

Jakarta Stocks May Add To Gains

(RTTNews) – The Indonesian stock market turned right back to the upside again on Monday, one session after it had ended the two-day winning streak in which it had collected more than 140 points or 2.8 percent. The Jakarta Composite Index finished just above the 3,450-point plateau, and now traders are expecting the market to [...] [...]

Singapore Stock Market May Reverse Gains

(RTTNews) – The Singapore stock market has closed higher now in back-to-back sessions, surging more than 110 points or 4 percent in the process. The Straits Times Index finished just above the 2,640-point plateau, although now traders are bracing for a correction to the downside when the market opens on Monday.The global forecast for the [...] [...]

Indian Equities Set To Extend Gains For Third Day

(RTTNews) – The Indian markets may see further upside on Tuesday following a rally on Wall Street and in Europe overnight on optimism that Europe will tame its debt crisis. Other Asian markets are also rising across the board this morning, with gains ranging from 1 to 3 percent as commodities rose and appetite for [...] [...]

Asian Stocks Extend Gains On EU Debt Hopes

(RTTNews) – Asian stocks rose for a fourth day on Tuesday, with strong U.S. cues and hopes of a resolution to euro zone’s debt problems underpinning sentiment. However, shares pared some gains by noon as caution set in ahead of a crucial vote in Slovakian parliament to approve the expansion of the euro zone’s bailout. [...] [...]

Asian Markets Pare Early Gains

(RTTNews) – Asian stock markets are a bit choppy amid cautious trades on Wednesday. Though most of the markets in the region opened on a bright note following a positive lead from the U.S. and European markets where stocks moved higher on Tuesday amid easing worries about euro zone debt, some of them retreated and [...] [...]

Australian Market Pares Some Gains After Bright Start

(RTTNews) – The Australian stock market moved up sharply in early trades on Wednesday with investors picking several front line stocks from across various sectors, tracking a positive lead from Wall Street where stocks moved higher overnight amid easing worries about the European economy. However, with investors turning a bit cautious at higher levels and [...] [...]

Indian Markets Likely To Extend Gains

(RTTNews) – The Indian markets may open higher on Thursday, extending yesterday’s tentative rebound, with positive global cues likely to support sentiment after German and French leaders expressed support for Greece remaining in the euro area and Italian Prime Minister Silvio Berlusconi won a confidence vote on a much-altered austerity plan, easing concerns over the [...] [...]

Singapore Stock Market May Extend Gains

(RTTNews) – The Singapore stock market has finished higher now in two straight sessions, collecting more than 35 points or 1.3 percent along the way. The Straits Times Index finished just above the 2,765-point plateau, and now traders are anticipating additional upside when the market kicks off trade on Friday.The global forecast for the Asian [...] [...]

Indian Markets Extend Gains

(RTTNews) – The Indian markets extended gains for a second consecutive session on Thursday, with buying accelerating in late-session trading, as concerns eased over Europe’s debt crisis and investors pinned hopes that the Reserve Bank of India will halt its tightening stance after a 25 basis points hike tomorrow. Rate-sensitive realty, banking and auto stocks [...] [...]

Asian Stocks Extend Gains On US Stimulus Hopes

(RTTNews) – Asian stock markets extended their recent gains on Wednesday as hopes that the Federal Reserve might announce additional stimulus measures next month outweighed disappointing consumer confidence data from the United States. Investors are also pinning hopes that President Obama will lay out measures to prop up the economy when he unveils a new [...] [...]