The move to allow more flexible trading “could help maintain the flexibilty of the country’s monetary policy as cross-border financial flows increase“, S&P said.
Greece has more or less concluded its bailout discussions with global creditors, officials have said, raising hopes the country could be ready to finalise a deal within the day.
Galle: After claiming a six-wicket haul against Sri Lanka on the opening day of the first Test against Sri Lanka, Indian off-spinner Ravichandran Ashwin said on Wednesday that he was looking to contribute towards the team’s success and is not bothered about personal milestones.
China released a raft of disappointing economic data for July on Wednesday, adding to concerns about the outlook for the world’s second largest economy and raising expectations of further stimulus from the government.
The Dow Jones industrial average spiked 241.79 points (1.39 percent) to 17,615.17. Mr Foreman said he hasn’t bought or sold stocks in reaction to China’s currency moves, as he still expects the US market to move higher over the longer run.
Secretary of State John Kerry doubled down on the controversial Iran nuclear deal Tuesday, telling lawmakers that there was not a better deal available to negotiators and that since 2003 Iran has not pursued a nuclear bomb to the best of America’s knowledge.
“Our company is operating well today, but we think we can make it cleaner and more accountable”, said a statement from Page, who co-founded the tech giant with Sergey Brin 17 years ago.
State-owned coal miner Coal India Ltd (CIL) on Wednesday posted a fall of 6.67 percent in its net consolidated profit at Rs.3,764.35 crore for the first quarter of 2015-16 as against Rs.4,033.28 crore in the corresponding timeperiod past year. “Decision will be taken...
News Corp reported a 2 percent fall in quarterly revenue hurt by a strong dollar and a decline in advertising sales at its print publications such as the Wall Street Journal and the New York Post.