admin on October 14th, 2010

LONDON – Standard Chartered PLC said Wednesday it is asking its shareholders for nearly 3.3 billion pounds ($5.2 billion) in a rights issue to satisfy tighter international capital requirements for banking.
The bank said it needs to be sure it has cash available for expansion after meeting the so-called Basel III rules, which are expected to [...]

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MSTERDAM (Reuters) – U.S. health care company Johnson & Johnson (JNJ.N) is in talks to pay 1.75 billion euros ($2.3 billion) for the shares in Dutch biotech Crucell (CRCL.AS) it does not already own to strengthen its vaccine business.
“The deal is a fair price, not top of the bill. But the likelihood of a bidding [...]

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admin on September 14th, 2010

WASHINGTON – Wild gyrations on Wall Street have made U.S investors leery of buying individual stocks and skeptical that the market is a fair place to park their money.
The survey confirms that average investors have been growing more concerned about the stock market as a safe place to invest for retirement. And news about the [...]

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admin on September 6th, 2010

LONDON – World stock markets advanced modestly Monday as investors rode momentum from Friday, when an upbeat U.S. jobs report eased fears that the global economy could slip back into recession.
With Wall Street closed for a holiday, however, trading was expected to remain light.With most major governments reining in economic stimulus measures and many pushing [...]

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admin on August 10th, 2010

India may let foreigners invest in share market
India may loosen rules to allow foreign individual investors to invest in the country? Share markets as part of moves to reform Asia’s third-largest economy, a report said Monday.
A government panel set up to explore ways of increasing foreign capital inflows has urged the finance ministry make it [...]

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