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UH-OH: A Global Mining Giant Just Warned China’s Demand For Iron Ore Is ‘Flattening’

Sam Ro | Mar. 20, 2012, 12:09 AM | 3,408 | Ian Ashby, President of Iron Ore for BHP Billiton just gave a presentation at the AJM Global Iron Ore & Steel Forecast Conference in Australia.And investors weren’t too thrilled to hear what he had to say about China.From The Sydney Morning Herald:“Growth is going [...] [...]

Indian Shares Rally On Global Cues

3/8/2012 11:58 PM ET (RTTNews) – Indian shares snapped a three-day losing streak on Friday, tracking firm Asian cues after reports indicated that Greece has successfully closed its bond swap offer to private creditors. This was a key condition for securing the 130 billion euro second bailout from the EU and IMF.The benchmark 30-share Sensex [...] [...]

Indian Shares Rally On Global Cues

3/8/2012 11:58 PM ET (RTTNews) – Indian shares snapped a three-day losing streak on Friday, tracking firm Asian cues after reports indicated that Greece has successfully closed its bond swap offer to private creditors. This was a key condition for securing the 130 billion euro second bailout from the EU and IMF.The benchmark 30-share Sensex [...] [...]

Asian Markets Trade Weak On Global Economic Concerns

3/6/2012 10:24 PM ET (RTTNews) – Asian stock markets are trading weak on Wednesday with investors treading cautiously amid worries about the economic crisis in the Eurozone due to uncertainty about the Greek bailout. A sharp fall on Wall Street overnight and concerns about a slowdown in Chinese growth are also hurting sentiment to a [...] [...]

Indian Shares Fall On Global Cues, Reform Worries

3/6/2012 11:53 PM ET (RTTNews) – Indian shares lost ground for a third consecutive session on Wednesday as a poor performance by the Congress party in the big northern state of Uttar Pradesh raised doubts about the government’s ability to push through stalled economic reforms. Weak global cues also dampened investor sentiment. U.S. and European [...] [...]

Asian Markets Trade Higher On Easing Worries About Global Economy

3/1/2012 10:23 PM ET (RTTNews) – Asian stock markets are mostly trading notably higher on Friday with investors picking up stocks amid renewed optimism about the global economy following a bigger-than-expected drop in U.S. jobless claims.In the Australian market, shares from materials, industrial and healthcare sections are finding good support, while energy, information technology and [...] [...]

Global Markets Weekahead: Growth-led rally fights Greek headwind

A trader works on his desk in the trading room of BNP Paribas Fortis Bank in Brussels August 22, 2011. Credit: Reuters/Francois Lenoir/FilesBy Richard HubbardLONDON | Fri Feb 17, 2012 9:14pm IST LONDON (Reuters) – Greece will once again be the single biggest risk factor overshadowing financial markets in the coming week, but investors are [...] [...]

Indian Shares Rally On Global Cues

2/16/2012 11:54 PM ET (RTTNews) – Indian shares rebounded on Friday after some consolidation the day before, bolstered by upbeat U.S. economic data on housing, employment and manufacturing. Investors also cheered reports that Greece will likely get its second bailout on Monday. Barring Chinese shares, markets across Asia are rising on hopes of a new [...] [...]

Indian Shares Rally On Global Cues

2/14/2012 11:46 PM ET (RTTNews) – Indian shares rallied on Wednesday, tracking positive Asian cues on optimism Greece will commit to austerity measures. EU finance ministers will hold a conference call later in the day to discuss whether Greece is eligible for a 130 billion euro bailout. Across Asia, South Korea’s Kospi average is rising [...] [...]

Indian Markets Fall On Global Cues; Retailers Up

(RTTNews) – The Indian markets edged lower on Friday, mirroring weak Asian cues after Fitch ratings cut Portugal’s credit rating to junk status, citing large fiscal imbalances and the country’s high indebtedness across all sectors. Trading off its day’s lows, the benchmark 30-share Sensex is currently at 15,748, down 110 points or 0.69 percent from [...] [...]

Japanese Market Rallies On Strong Global Cues, Euro Zone Recovery Hopes

(RTTNews) – Stocks rebounded smartly in the Japanese market on Tuesday after recent sharp losses, with investors switching back to the buying mode amid renewed hopes the European leaders will step up efforts to resolve the debt crisis in the continent. A splendid rally on Wall Street overnight is also contributing to the buoyant mood [...] [...]

Global Rally Lifts Indian Markets

(RTTNews) – The Indian markets rebounded sharply on Tuesday, tracking extremely positive global cues on expectations that European officials would set up a special purpose vehicle to buy bonds issued by the European countries suffering from debt crisis. U.S. markets ended sharply higher near their session’s highs overnight, commodities rebounded and the other Asian markets [...] [...]

Australian Market Rallies Sharply On Strong Global Cues

(RTTNews) – The Australian stock market is trading sharply higher on Thursday with investors going on a buying spree, buoyed by a strong close in the U.S. and European markets on Wednesday amid easing worries about the financial situation in Europe.Mirroring hectic buying across the board, all the sectoral indices are up in green at [...] [...]

Asian Markets Trade Higher Amid Renewed Optimism About Global Economy

(RTTNews) – Asian stock markets are mostly trading notably higher on Thursday with investors indulging in some hectic buying, buoyed by a strong close in the U.S. and European markets overnight, amid hopes the European leaders will solve the continent’s debt crisis. Growing speculation that China will chip in with its contribution in pulling out [...] [...]

Sensex at 2-week closing high, bucks global trend

Stock brokers trade in a brokerage firm in Kolkata February 16, 2009. Credit: Reuters/Jayanta Shaw/FilesBy Anurag KotokyNEW DELHI | Fri Sep 2, 2011 6:30pm IST NEW DELHI (Reuters) – The BSE Sensex rose 0.9 percent on Friday, snapping five straight weeks of fall, to log its highest close in more than two weeks as investors [...] [...]

Citibank partnership to strengthen Flydubai’s global reach

Citibank partnership to strengthen Flydubai’s global reach | FlyDubai | AMEinfo.com AMEinfo.com – Homepage Remember me Register | Forgot password? Switch to Arabic Friday, September 2 – 2011 in AMEinfo.com News Company Database Events Advanced Search I want to… Get newsletters Advertise on AMEinfo.com Submit a press release Edit my profile Log in Welcome Log [...] [...]

‘Act now’ to save global recovery, IMF chief urges

International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at the Council on Foreign Relations forum in New York July 26, 2011. JACKSON HOLE, Wyo (Reuters) – The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a [...] [...]

Global stocks, oil, jump after Greek bank merger

A dealer reacts on the trading floor of IG Index in the City of London August 11, 2011. NEW YORK (Reuters) – Global stocks rallied on Monday along with oil after news of a merger between two major banks in Greece suggested that Europe was working through its financial problems. Surprisingly strong U.S. consumer spending [...] [...]

Rupee strong on shrs, euro; global econ worries stay

An employee checks a 500 Indian rupee note at a cash counter inside a bank in Agartala August 9, 2011. MUMBAI (Reuters) – The rupee was strong in afternoon trades on Monday helped by the surge in domestic stocks and the euro. * At 1:55 p.m., the partially convertible rupee was at 45.88/89 per dollar, [...] [...]

Indian Market Extends Recent Losses On Global Sell-off

The Indian market went into a free-fall on Friday, extending recent sharp losses, as a rout in global equities amid concerns about a double-dip recession in the U.S. coupled with fears over the stability of European banks curbed appetite for riskier assets. A plunge in oil prices, which may help damp domestic inflationary pressures, reports [...] [...]

Asian Stocks Fall On Global Growth Worries

Asian stock markets fell sharply on Thursday, as nagging concerns over the resolution of the European debt problems and slowing global growth prompted investors to shun riskier assets. Morgan Stanley slashed its growth forecast for 2011 and 2012, citing an “insufficient” policy response to Europe’s sovereign debt crisis and tightening credit conditions and warned that [...] [...]

Economic Report: Hong Kong’s slump signals global trouble: analysts

By Chris Oliver, MarketWatch Reuters Hong Kong’s financial district HONG KONG (MarketWatch) — Hong Kong is suffering an economic chill that could soon go global, according to analysts who say the territory is showing omens of a dire economic outlook. Quarterly gross domestic product data released last week showed activity contracting in the April-to-June period [...] [...]

GLOBAL MARKETS – Gold soars, stocks sink as data roils markets

A woman walks through the rain on Wall Street in New York, August 16, 2011. Credit: Reuters/Brendan McDermid NEW YORK (Reuters) – Renewed jitters over Europe’s debt crisis and a raft of weak U.S. economic data sparked a rout in global equities on Thursday while driving investors to the safety of gold and U.S. government [...] [...]