China’s service sector activity grows faster in January: official PMI

By Administrator_India Capital Sands Growth in China’s services sector activity quickened in January, official data showed on Friday. The official services PMI rose to 54.1, from 53.5 in December, the … Read More

Stocks – Europe Falls on Virus Fears; Earning Reports Flow

By  Administrator_India, Capital Sands European stock markets moved sharply lower Thursday, weighed by weakness in Asia as the death toll from the coronavirus continues to mount, and amid reports that … Read More

Bank of England rate cut hangs in balance at Carney’s last policy meeting

By Administrator_India Capital Sands The Bank of England appears close to cutting interest rates for the first time in more than three years in Governor Mark Carney’s final policy vote … Read More

ECB data point to widening split in euro zone economy

By  Administrator_India, Capital Sands Bank lending to euro zone companies dropped to a two-year low last month while household lending expanded to a post-financial-crisis high, suggesting a widening rift in … Read More

Maruti Suzuki India quarterly profit falls short as promotions rise

By  Administrator_India, Capital Sands Maruti Suzuki India Ltd reported lower-than-expected third-quarter profit on Tuesday as the country’s biggest carmaker spent more on promotions during a wider industry slowdown. Net profit … Read More

Stocks – Dow Falls 450 as Virus Fears Spur Sharp Selling

By Administrator_India Capital Sands Wall Street closed sharply in the red Monday as virus fears gripped investors amid worries that an accelerated outbreak will hit China’s economy and slow global … Read More

India wants Qatar to lower price of gas under long-term LNG deal: Dharmendra Pradhan

By  Administrator_India, Capital Sands India is seeking to renegotiate the long-term contract price of liquefied natural gas (LNG) it buys from Qatar, Oil Minister Dharmendra Pradhan said on Monday in … Read More

Shares, oil slide as China virus fears intensify; Yen, Treasuries in demand

By Administrator_India Capital Sands Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as … Read More