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Europe Day Ahead: Achtung! Ifo clue to Germany’s Q2 (23 May 08:00 pm)

May 23 - Germany’s Ifo set to offer the latest sign Europe’s biggest economy is stagnating. ECB\'s Asmussen and Liikanen and BoE\'s King on the tapes, while the WEF\'s MidEast NAfrica conference

World shares slump on U.S. stimulus, growth fears (23 May 07:46 pm)

LONDON (Reuters) - World stocks fell and measures of investor risk aversion surged on Thursday on signs the U.S. central bank may soon start scaling back the support measures that have been driving

Oil hits three-week low near $101 on China, Fed (23 May 07:31 pm)

LONDON (Reuters) - Oil fell to a three-week low near $101 a barrel on Thursday in a broader commodities selloff as a decline in China\'s factory activity entrenched concern about weak demand and on

Puravankara's up to $36 million share sale covered 1.5 times (23 May 07:08 pm)

REUTERS - Real estate company Puravankara Projects Ltd\'s share offering to raise up to $36 million was subscribed 1.5 times on Thursday, boosting the near-term outlook for equity sales by its rivals

Nikkei falls 7.3 percent, Japan government calls plunge temporary (23 May 06:33 pm)

TOKYO (Reuters) - The biggest plunge in Japanese stock prices since a 2011 earthquake and tsunami was a temporary pullback that will not derail the government\'s \"Abenomics\" policy of loose money and

Tata Steel reports loss on Europe weakness (23 May 06:17 pm)

NEW DELHI (Reuters) - Tata Steel Ltd, India\'s largest steelmaker by market value, swung to a loss in its fourth quarter, hit by weak demand in Europe, its top market and production region.

U.S. Morning Call: Blame it on Ben & weakness in China (23 May 05:19 pm)

May 23 - Fed Chair spooking markets; a report shows Chinese manufacturing activity shrank for the first time in seven months.

Court to decide on Sterlite smelter case by end-May (23 May 05:18 pm)

NEW DELHI (Reuters) - A court will resume a hearing on Monday into complaints of emissions from India\'s biggest copper smelter plant, shut since end-March, but will take a decision before May 31, a

Subbarao went against panel suggestion of no repo rate cut in May (23 May 05:14 pm)

MUMBAI (Reuters) - Reserve Bank of India Governor Duvvuri Subbarao went against the suggestion of a majority of external members of the central bank\'s monetary policy committee that recommended no

Wockhardt says FDA alert affects potential sales of $100 million (23 May 05:10 pm)

MUMBAI (Reuters) - Drug maker Wockhardt Ltd said up to $100 million in annualised revenue could be lost as a result of a U.S. Food and Drug Administration \"import alert\" on one of its plants, but said

India may emerge strongest among BRICs: Jim O'Neill (23 May 04:49 pm)

May 23 - In an interview with ET NOW, Jim O\'Neill, former chairman at Goldman Sachs says India has potential of becoming the strongest economy among BRICs and could grow at 10 percent over the next

Japan vice econmin: Thursday Nikkei plunge a 'temporary adjustment' (23 May 04:41 pm)

TOKYO (Reuters) - Thursday\'s plunge in Tokyo stock prices represents a short-term pullback from recent gains, not a sign of doubt in Japan\'s economic policies, a senior government official said.

Asian markets selloff on Fed, China; Nikkei falls 7.3 percent (23 May 04:41 pm)

SINGAPORE (Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China\'s factory activity rocked Asian markets on Thursday, took the dollar to three-year highs,

SBI chairman says challenge in mid and small companies continue (23 May 04:28 pm)

KOLKATA (Reuters) - State Bank Of India Chairman said on Thursday it continued to face challenges in the mid and small-sized companies segment.

Gold premiums ease as supplies rise (23 May 04:04 pm)

MUMBAI (Reuters) - Indian gold futures jumped more than a percent on Thursday aided by a weaker rupee and firm global trends, while premiums on physical gold eased due to some supply from bullion

Wockhardt shares drop 20 pct after FDA import alert (23 May 03:37 pm)

MUMBAI (Reuters) - Shares of drugmaker Wockhardt Ltd fell 20 percent on Thursday to their lowest level in more than seven months after the U.S. drug regulator published an \"import alert\" on one of its

Asian markets selloff on Bernanke remarks, China PMI (23 May 03:30 pm)

SINGAPORE (Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China\'s factory activity rocked Asian markets on Thursday, took the dollar to three-year highs,

Market Pulse: Stocks shell-shocked, more PMI pain (23 May 03:30 pm)

May 23 - Stocks hit by a Bernanke-China double whammy. Europe in the red, but nowhere near as deeply as Japan. That despite yet more gloomy euro zone PMI numbers. Markit\'s Rob Dobson dissects the

Wockhardt shares drop 20 percent after FDA import alert (23 May 03:03 pm)

MUMBAI (Reuters) - Shares of drugmaker Wockhardt Ltd fell 20 percent on Thursday to their lowest level in more than seven months, after the U.S. drug regulator published an \"import alert\" on one of

Sports Spread: Fussball's Coming Home (23 May 03:00 pm)

May 23 - The all-German Champions League final pits traditional powerhouse Bayern Munich against modernist Borussia Dortmund at London\'s Wembley Stadium.

Hey Dell, here's how to run a PC business (23 May 02:45 pm)

May 23 - The plain-vanilla personal computer industry may be hurting, but Lenovo is still raking in the cash. So what is the Chinese giant\'s secret formula? Watch and find out.

India will be comfortable with stable rupee exchange rate: Rajan (23 May 02:04 pm)

NEW DELHI (Reuters) - The government will be comfortable with a stable rupee exchange rate and there was no reason for the currency to be unstable, chief economic adviser Raghuram Rajan said on

Reuters Breakingviews: Japan joins global risk parade (23 May 02:00 pm)

May 23 - The Nikkei’s 7 percent drop is an overdue correction, says Breakingviews, but the sell off is down to U.S. and China concerns. Being a safe haven has its drawbacks.

State Bank of India Q4 profit falls, shares drop (23 May 01:44 pm)

REUTERS - State Bank of India, the country\'s largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and

Government to pay state-run fuel retailers $8.1 billion in Q4 oil subsidy (23 May 01:33 pm)

MUMBAI (Reuters) - India has agreed to pay 450 billion rupees for the March quarter to state-owned fuel retailers as compensation for selling products at cheaper government-set rates, officials at