Asia

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Australia’s Overnight Cash Rate Down to 3%, PM Gillard Urges Banks to Pass Rate Reduction in Full

The Reserve Bank of Australia (RBA) validated on Tuesday analysts' forecast that the central bank would lower the overnight cash rate by 25 basis points to 3 per cent. It is the same rate of key lending rate in April 2009, the height of the global financial crisis.

Dec 4, 2012

Sensex Likely to Remain Range-Bound Ahead of FDI Vote

Bombay Stock Exchange's Sensex is expected to remain sluggish on Wednesday as investors are likely to remain watchful on a day when the Parliament will vote on the government's decision to allow foreign direct investment in multi-brand retail.

Dec 5, 2012

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Indian Stocks Advance, Nifty Crosses 5900 Level

Indian stock markets advanced Wednesday ahead of the outcome of the crucial vote on the government's decision to allow foreign direct investment in multi-brand retail.

Dec 5, 2012

Sensex Expected to Rise Thursday Post FDI Nod in Lok Sabha

India's Sensex is expected to rise as investor sentiment is likely to turn positive a day after the lower house of Parliament voted in favour of foreign direct investment in multi-brand retail.

Dec 6, 2012

Indian Stocks Recover After BSP Decision

Indian stock markets recovered from earlier losses and turned positive after Mayawati announced that BSP will vote in favour of Foreign Direct Investment in multi-brand retail in the Upper House.

Dec 6, 2012

Sensex Expected to Gain on Friday Amid FDI Vote Optimism

India’s Sensex is expected to rise as investor sentiment is likely to turn positive on a day when the upper house of the Parliament will vote on the government's decision to allow foreign direct investment in multi-brand retail.

Dec 7, 2012

Apple Loses Out to Chinese Brands; Slips to 6th Spot in Smartphone Market

Apple Inc's shares continued to suffer in the Chinese market after the tech titan witnessed its worst one-day decline in four years on Wednesday.

Dec 7, 2012

Weekly Roundup: Sensex Rises Buoyed By FDI Nod

The BSE Sensex climbed in the week as investor confidence was lifted with the lower and upper houses of Parliament voting in favour of foreign direct investment in multi-brand retail.

Dec 8, 2012

Sensex Expected to Gain on Monday amid Upbeat China Data

India’s Sensex is expected to rise on Monday as investor sentiment is likely to turn positive with China's industrial output rising in November, giving the indication that the world’s second-largest economy is reviving its growth momentum.

Dec 10, 2012

Sensex Expected to Remain Range Bound Ahead of US FOMC Meet

India’s Sensex is expected to remain range bound on Tuesday as investors are likely to remain cautious ahead of the meeting of the U.S. Federal Reserve's Open Market Committee.

Dec 11, 2012

Sensex Expected To Rise Amid Upbeat Japanese Data

India’s Sensex is expected to rise on Wednesday as investor sentiment is likely to be lifted with October's rise in machinery orders in Japan, indicating that the world’s third largest economy is showing signs of economic revival.

Dec 12, 2012

Sensex Expected to Rise on US Fed Stimulus Measures

India’s Sensex is expected to rise on Thursday as investor sentiment is likely to be lifted with the U.S. Federal Reserve carrying on with the asset purchasing programme, which will provide the much needed stimulus to revive the world’s largest economy.

Dec 13, 2012