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  • Sensex Falls For Third Day LT Tumbles 6

    Indian shares erased early gains to end modestly lower on Wednesday, as engineering & construction giant Larsen & Toubro posted disappointing Q4 results and investors awaited Federal Reserve Chairman Ben Bernanke's testimony before the Joint Economic Committee of Congress later in the global day. Besides Bernanke's speech, traders also await existing U.S. home sales data as ...

  • Sensex at fresh 1-week low down 49 pts as LT slumps 6

    The high current account deficit will persist as long as we live in a world of low growth - that hurts our exports - and easy global liquidity, which pumps up the oil import ...

  • Equity investors flock to Japan funds exit emerging markets-Lipper

    By Joel Dimmock LONDON | Wed May 22, 2013 7:07am EDT LONDON May 22 (Reuters) - Equity investors piled a net $9.1 billion into Japan mutual funds and ETFs last month, while exiting some emerging markets, showing continued support for "Abenomics" - Japan's efforts to revitalise economic growth. Japan equity products were by far the top-performing sector in April, taking in ...

  • The Czech koruna rebounds on export hedging

    The Polish industrial output in April confirms a weak economic picture The Czech koruna has finally joined the recent rally of risky assets and rebounded from its 3-years low. It seems that the Czech currency has been supported by hedging activities of Czech exporters, rather than the change in economic fundamentals. Meanwhile in Hungary the forint has continued to hover around relatively strong ...

  • 10m-yuan bra shines in Shenyang

    A model poses in a 10 million-yuan bra in Shenyang, Liaoning province on May 21, 2013. The bra was created by 10 French designers, with 2,500 diamonds and 18k gold. [Photo / ...

Movie Review

In Darkness

In Darkness

Set largely in the dank sewers of the Polish city of Lvov during the Nazi occupation, Agnieszka Hollands In Darkness is aptly titled both literally and metaphorically. It tells the true story of a dozen of so Polish Jews who hid in the sewers for more than a year with the aid of Le ... ...

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  • Sensex up 91 points on positive global cues

    The BSE benchmark Sensex on Wednesday rose by nearly 91 points in early trade on selective buying by funds in IT, banking and metal stocks amid positive global cues.The 30-share barometer gained 90.93 points, or 0.45 per cent, to 20,202.54 points. The index had lost over 174 points in the previous two sessions.Similarly, the wide-based National Stock Exchange index Nifty moved up by 19.30 ...

  • Yuan climbs to record high

    The yuan strengthened to a record high against the US dollar yesterday, after the central bank set the official fixing rate at the strongest in 19 years, signaling the government's intention to allow the currency to rise ...

  • Premier Li encourages businesses to tap Chinese Indian markets

    Visiting Chinese premier Li Keqiang on Tuesday encouraged enterprises in both China and India to tap the potentials of each other's markets and seize investment opportunities.Addressing the China-India Business Cooperation Summit, Li said the deepened cooperation and common development of China and India, the world's two biggest developing countries, will create an incredible impetus ...

  • Emerging markets biggest tippers

    There are "big differences" between the various Asian cultures when it comes to tipping habits and spending characteristics, according to new research. Consumers from Bangladesh, Thailand and the Philippines are the most prevalent tippers in the region, MasterCard’s Asia-Pacific (APAC) survey reported. Markets such as Hong Kong, Malaysia and Singapore all reported liberal ...

  • Chinas May lending seen to reach 900 bln yuan-paper

    SHANGHAI | Tue May 21, 2013 9:01pm EDT SHANGHAI May 22 (Reuters) - China's four major banks issued new loans of 233 billion yuan ($37.98 billion) by May 21st, 21st Century Business Herald reported on Wednesday, citing industry sources, adding that total loans for the month could reach 900 billion yuan. Total loans issued by China's top four banks, including ICBC , Agricultural ...

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