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WHAT if the regulators can extract information from a listed company’s annual report and feed it into a computer program to find out if there’s probably some financial sleight of hand going on? That sounds like a tremendous step forward for capital market supervision and enforcement.
Real Madrid headed a trio of European soccer clubs at the top of a list of the world's 50 most valuable sports teams released by Forbes on Monday which was dominated by National Football League (NFL) franchises.
The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past, and it is little surprise that embattled policymakers are again turning to them to plug a record trade gap that is battering the rupee.
NEW YORK: U.S. stocks slipped on Thursday, ending seven straight days of gains by the S&P 500 index as a drop in precious metal prices dragged mining shares lower.
SINGAPORE: Brent oil futures fell by more than a dollar on Monday to a three-week trough below $111 a barrel as supply worries eased after the U.S. agreed to call off military action against Syria in a deal with Russia to remove Damascus's chemical weapons.
SYDNEY: The U.S. dollar slid while bonds and shares rallied in Asia on Monday after news Lawrence Summers had dropped out of the race to head the Federal Reserve promised to prolong the lifetime of super-easy money.
LONDON: European stocks rose to five-year highs on Monday in a broad-based rally as news Lawrence Summers has pulled out of the race to lead the U.S. Federal Reserve bolstered expectations for easier monetary policy for longer.
TOKYO: Asian shares slipped slightly and the dollar treaded water on Tuesday, as global markets braced for the outcome of the U.S. Federal Reserve's two-day policy meeting at which it is widely expected to begin withdrawing stimulus.