Tag Archives: high

Market Live: Nifty inches towards record high, Sensex up over 200 pts; Banks lead

Moneycontrol News 11:24 am Buzzing: Jaiprakash Associates share price gained 4 percent after the company told Supreme Court that it was unable to raise Rs 2,000 crore to deposit before court as directed. It sought court nod to sell Yamuna Expressway to mobilise funds. Supreme Court will hear Jaiprakash Associates plea on October 23. 11:15 am Rate cut likely post macro ... Read More »

American optimism about the economy hits an all-time high in new CNBC survey

The public’s views on the economy continue to cruise at lofty levels but the optimism does not appear to be lifting the president’s approval rating. The third-quarter CNBC All-America Economic Survey found 43 percent of the public believes the economy is excellent or good, a record high in the 10-year history of the survey. Thirty-six percent believes the economy will ... Read More »

Earnings, bank shares propel S&P 500 to record high

NEW YORK, JULY 26:   The S&P 500 climbed to an all-time high on Tuesday on a heavy day of corporate results highlighted by well-received reports from McDonald’s and Caterpillar and gains for bank shares. The Nasdaq also managed to set a record high despite declines in Google parent Alphabet after its results. Alphabet shares ended down 2.9 per cent. Shares of McDonald’s rose 4.8 ... Read More »

RBI Governor Cited ‘High Uncertainty’ On Inflation For June 7 Policy Review

  Mumbai: Reserve Bank of India Governor Urjit Patel cited “high uncertainty” on inflation while holding the key interest rate for a fourth successive policy review, according to minutes of the June 7 meeting of Monetary Policy Committee released on Wednesday. It was the first time that a Monetary Policy Committee (MPC) member had voted against the majority decision. At ... Read More »

UK car production hits 12-year high with December still to go

Britain built more cars in the first eleven months of 2016 than any full year since 2004, data from an industry body showed on Thursday, putting the sector on course to make more vehicles this year than in any other since 1999. Just over 1.61 million cars were made in the year to November, the Society of Motor Manufacturers and ... Read More »

Deutsche Bank’s staff pay stays high, come rain or shine

Deutsche Bank (DBKGn.DE) has continued to pay staff roughly the same amount as it did a decade ago, despite the financial crisis and a collapse in profits, according to a Reuters analysis of its financial reports. Germany’s biggest bank paid its staff more than 13 billion euros (11 billion pound) in total last year, including benefits and bonuses, despite making ... Read More »

Asian shares mostly lower, oil near one-year high on output cut views

Asian shares were mostly lower on Tuesday, while oil prices hovered near one-year highs on growing expectations of an output cut by OPEC producers. Brent crude, slipped 0.2 percent to $53.05 a barrel after surging as much as 3 percent on Monday. U.S. crude futures dipped a similar amount to $51.26, after jumping to a four-month high in the previous ... Read More »

India’s foreign exchange reserves at record high of $367.76 billion

Aided by a sharp rise in foreign currency assets (FCAs), India’s foreign exchange reserves rose $989.5 million to hit a new high of $367.76 billion for the week ended Sept. 2. The reserves had declined for the preceding reporting week ended Aug. 26. FCAs, which form the largest component of the country’s foreign exchange reserves, increased $952.2 million, according to ... Read More »

Bank branch closures trigger high street alarm bells

When the shutters come down on the Barclays branch in Bexley in a fortnight’s time, the south-east London suburb will be left without a high street bank. Nine customers used the branch “regularly” over the last 12 months without interacting with the bank in any other way, Barclays told locals as it prepared for the closure, which was delayed by ... Read More »

Oil near six-month high as outages support

Oil traded at around $49 a barrel on Tuesday within sight of a six-month high, supported by supply outages in Nigeria, Canada and other producers that are eroding a persistent glut. Prices eased from the highs after Libyan factions agreed in principle to have one oil organization, potentially bringing higher output a step closer. Also, traders were eyeing the restart ... Read More »