Deutsche Bank cut price target for steel stocks 03-Jun-10 01:59:55 AM [Germany] Deutsche Bank has reduced the price target on a number of steel stocks including US Steel and Nucor. Spokesman of the bank stated that there were noticing much more attractive risk Details.
Asian stocks declined the most in a month 23-Mar-10 06:47:39 AM [India] Asian stocks fell the most in 30 days on concerns that central banks in the region were tightening monetary policy in order to curb inflation. The world's biggest mining company BH Details.
Growth of economy expected at 9% in India 24-Feb-10 01:48:23 AM [India] The economy of India is turning around faster than expected and likely to return to 9% trajectory within two years. The economy is predicted to grow at 8.2% next year and at least Details.
Iran expecting 2% growth in 2010 30-Jan-10 02:32:37 AM [Iran] The World Bank has predicted that the growth of economy of Iran shall attain 2% to 2.2% rate during the current year. According to its reports, the growth of the country during 200 Details.
Deutsche bank upgraded US Steel to ‘buy’ level 24-Jan-10 03:10:45 AM [Germany] Deutsche Bank has said that on account of recent performance, it upgraded US Steel from ‘hold’ to ‘buy’. Steel companies of United States of America are trying their best to benefi Details.
Zambia expecting 7% growth in 2010 08-Jan-10 06:18:11 AM [Zambia] The governor of the Bank Zambia has said that the economy of the country is likely to grow more than 7% this year triggered by emergence of new mining projects as well as major dev Details.
Saudi GDP likely to surge 4% 05-Jan-10 06:05:59 AM [Saudi Arabia] The economy of Saudi Arab is likely to surge 4.1% in real terms of 2010 as domestic demand is gathering momentum. The chief economist of investment bank EFG Hermes in Egypt stated Details.
Turkish economy contracted further 19-Dec-09 01:28:17 AM [Turkey] Turkish Statistical Institute has announced that the GDP of the country indicated 0.1% decline during third quarter of 2009 to TRL 262.23 billion in current prices and 3.3% decreas Details.
Recovery in economy of Abu Dhabi 29-Oct-09 02:06:16 AM [UAE] The economy of Abu Dhabi is rebounding from the severe impact of global economy crisis. Confidence associated to business and consumer dynamics is rising. Oil export indicators sho Details.
Inflation surged in Egypt 15-Oct-09 06:15:35 AM [Egypt] The abrupt increase in cost of food and drinks in Egypt pushed its annual urban inflation to double figures during September '09. This is the first rise in 10 months and it almost Details.
Economy of Ukraine turning a corner 28-Sep-09 05:37:06 AM [United Kingdom] The chief economist of bank of England has said that the economy of Britain turned a corner on account of unprecedented stimulus measures, weak sterling and the end of the stocking Details.
Interest rate likely to hit bottom in Chile 15-Sep-09 06:10:09 AM [Chile] Central bank of Chile shall maintain its benchmark interest rate at record low level for the second straight month as policy makers and experts look for strong signs of economy rec Details.
Russia aiming at reviving pre-crisis GDP by 2012 15-Sep-09 06:09:49 AM [Russia] The finance minister of Russia has said that the country shall be able to restore its gross domestic product to precrisis levels by the end of 2012. Last month, he had said that th Details.
1.1% growth expected in economy of United Kingdom 15-Sep-09 06:09:35 AM [United Kingdom] British Chambers of Commerce has analyzed that economy of United Kingdom shall grow approximately 1.1% in 2010. This projection is almost double of the previous forecasts of 0.6% c Details.