Decoding central bankers’ languagePolicy makers have long been aware that their words can be as powerful as their actions.
European shares fall as growth worries linger; AMS risesNordea Bank and BBVA also reported lower profits and fell more than 2 percent each.
ECB ends crisis-fighting bond buys but eyes increasing risksDraghi stuck close to the bank's argument that the drivers of growth remain in place and that the slowdown is merely a return to normal aft...
Rupee to rebound but path rife with pitfalls: PollThe Indian currency hit an 18-month low of 68.47 per dollar in May.
$42 billion asset manager fears bubble in world's biggest stocks“I’m a bit worried about the valuation of these very popular companies,” Robert Naess said.
ICICI Prudential MF launches 'fund of funds' schemeICICI Prudential Mutual Fund today launched an open-ended scheme which has the mandate to invest in overseas equities.
MFs tap foreign investors to ease redemption pressure, pitch a slew of products to global institutionalFaced with huge redemption pressures, mutual funds have now increased focus on global market investors, selling a slew of equity and debt p...
Nokia commands 35% share of basic phone market thanks to 'Asha'Nokia, burning cash as it struggles to revive its smartphone business, is gaining more customers for another product: the low-cost mobile p...
- FIIs worried about equities not Indian equities: Christophe Girondel, Nordea
India is a big complex market and you need to have a good onshore manager to take your investments through, says Christophe Girondel of Nor...
- ICICI Prudential AMC ties up with Europe's Nordea
"This partnership brings together two reputed asset management cos that can leverage on their strengths of investment expertise and distrib...
- ICICI Prudential AMC enters into a partnership with Nordea AM
This exclusive partnership between ICICI Prudential AMC and Nordea AM allows both entities to capitalize on each other's respective strengt...
- ICICI Prudential to manage Sweden's Nordea Bank's AMC in India
ICICI Prudential Mutual, the country's third largest fund house, has secured the mandate to manage the Indian investments of Stockholm-base...
- Oil rises from 7-month low on China growth assurance
Oil rebounded after closing below $90 a barrel for the first time in seven months amid signs China will accelerate efforts to spur growth.
- Moody’s Cuts Hungary to ‘Junk’
Hungary, which last week turned to the IMF for help, lost its investment-grade rating at Moody’s, which cited risks to budget-deficit and p...
- Nordics seek ‘polluter pays’ bank tax to fund crises
Sweden, Finland and Denmark are promoting a European Union-wide bank levy to force lenders to help share the clean-up costs of future banki...
- Sweden: Market woes could affect state sales
Swedish Financial Markets Minister Mats Odell said in an interview with on Tuesday that market turmoil could affect the timing of the gover...
- Essar Shipping & Logistics raises $200m for vessel acquisition
The newly-floated Essar Shipping and Logistics (ESLL) has raised $200m from foreign banks to fund the acquisition of very large crude carri...