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Asian shares advance as Fed keeps rates unchanged

Asian markets advanced Friday, buoyed by the US Federal Reserve's decision to keep interest rates near zero. But Japanese shares fell as the yen strengthened.

Sep 20, 2015 11:57 PM EDT


Oil price further skids on renewed global concerns

Oil prices on Friday eased further following the renewed fears about the global economy. The US central bank warned that global economy is weakening. China's economy is slowing down and growth rate is expected to be below 7% this year. Adding to this, Opec is firm on maintaining its production level. All these factors are increasing pressure on oil prices.

Sep 20, 2015 10:33 PM EDT


China growth rate may slip below 7% in Q3

The global markets witnessed major crash in August following the China's economy slow down, Yuan devaluation, discouraging manufacturing numbers, etc, Now, the markets are recovering. But, economists, fund managers caution that the party is not over. China may slip in recession in next quarter or six quarters later.

Sep 20, 2015 10:05 PM EDT


Is Russia bottoming out?

The latest Barclays' report shows that the rate of fall in the Russian economy is moderating. Real investments are also showing a sign of recovery though it was very marginal. The unemployment rate remains flat. Barclays Capital views that Russian economy is bottoming out, while economists caution that real wages were worst than forecast.

Sep 18, 2015 12:52 AM EDT


For Avon, it's better late than never

Avon stock price has declined because it refused to go with the flow of the modern day industry where a lot of businesses make use of social media and other means to promote their products to drawing customers and generate larger revenue.

Sep 17, 2015 11:05 PM EDT


Oils Prices Rallied, But Recovery Still To Take Longer

Oil Prices increased Wednesday, but Shell is not expecting recovery any time soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.

Sep 17, 2015 9:18 AM EDT


Sprint's bonds tumble as Moody's downgrades US wireless major

The US wireless major Sprint backed bonds tumbled in the market following the downgrade by Moody's, which sees increasing burdeng of debt maturities, brutal competitions and lack of operational stability for the third largest US wireless company.

Sep 17, 2015 8:29 AM EDT


Sprint's iPhone plan, better than other US carriers

In a wireless world full of competition it leaves Sprint with no choice but to think of a smart strategy to outwit others. So far, Sprint has the best deal compared with other carriers, but who knows what will happen next with the price war still looming around.

Sep 17, 2015 8:14 AM EDT


Rise in low-income jobs makes the job easier for Fed in rate hike

The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in labor market in low-income jobs is giving much needed support to the US Fed.

Sep 16, 2015 9:29 PM EDT


N series reflects Hyundai's years of World Rally Championship car racing and testing

Hyundai introduces N sub brands among its newest vehicles at the Frankfurt International Motor Show 2015. Hyundai said the new series is the result of their participation in WRC for years. The N 2025 Vision Gran Turismo were highlighted It was exclusively designed for PS3.

Sep 16, 2015 11:09 AM EDT


IPhone 6S and 6S Plus to exceed last year sale; Apple opened high in the stock market

Apple's iPhone 6S and 6S Plus are projected to exceed last year's sale of 10 million units worldwide. Analysts also watch Apple as it goes four week high in the stock market.

Sep 16, 2015 2:22 AM EDT


NY regulator, 4 banks agree on Symphony messaging

The New York State's Department of Financial Services has involved a consortium comprising 14 banks on Symphony messaging services. Towards this, Bank of New York Mellon, Deutsche Bank, Credit Suisse and Goldman Sachs have reached an agreement with the NY regulator.

Sep 15, 2015 12:38 PM EDT