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Ben Bernanke upbeat on economy and higher oil price
Media Release
Jun. 16, 2006

Ben Bernanke, Federal Reserve chairman, eased nerves on Thursday with a measured assessment of the threat posed by higher energy prices to inflation and growth, as stocks advanced worldwide.
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Ben Bernanke upbeat on economy and higher oil price
Media Release
Ben Bernanke, Federal Reserve chairman, eased nerves on Thursday with a measured assessment of the threat posed by higher energy prices to inflation and growth, as stocks advanced worldwide. READ MORE>>
The US on Thursday signalled it would not fight efforts to create an Asian currency unit
Media Release
The US on Thursday signalled it would not fight efforts to create an Asian currency unit, turning the page on over a decade of largely consistent opposition to Asian monetary integration. READ MORE>>
Carryover stocks at the end of this crop year are projected to drop to 57 days of consumption, the shortest buffer since a 56-day-low in 1972 triggered a doubling of grain prices
Media Release
The grain prices can double soon like in 1972. READ MORE>>
Bank of America's India operations have reported a 80 per cent jump in net profit
Media Release
Bank of America's India operations have reported a 80 per cent jump in net profit at Rs 144.6 crore for the year ended March 31, 2006 as against Rs 80.5 crore last year. READ MORE>>
European Union governments were likely to turn down a US proposal on airline ownership and control
Media Release
The head of Air France-KLM on Wednesday warned that European Union governments were likely to turn down a US proposal on airline ownership and control, endangering plans for a new transatlantic aviation pact. READ MORE>>
Shui On Land, the Chinese property flagship of Hong Kong tycoon Vincent Lo postpones its $1bn offering
Media Release
Shui On Land, the Chinese property flagship of Hong Kong tycoon Vincent Lo, on Thursday announced that it would postpone its $1bn offering because of poor market conditions. READ MORE>>
Japanese stocks continued to gain ground on Thursday morning
Media Release
Japanese stocks continued to gain ground on Thursday morning, amid fresh buying in technology and banking stocks. The Nikkei 225 closed the morning session up 1.2 per cent at 14,482. READ MORE>>
Shares in VeraSun Energy Corporation, the second-largest US ethanol producer, soared by as much as 30 per cent on their first day of tradin
Media Release
Shares in VeraSun Energy Corporation, the second-largest US ethanol producer, soared by as much as 30 per cent on their first day of trading in New York after an initial public offering raised $419.8m for the company and its shareholders. READ MORE>>
US inflation rose more quickly than expected for the third successive month in May, raising the prospect that interest rates will continue
Media Release
US inflation rose more quickly than expected for the third successive month in May, raising the prospect that interest rates will continue to rise beyond this month. READ MORE>>
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