Stocks Rise, Led by Maruti Suzuki, Steel Authority on India Auto Demand India’s benchmark stock index gained,
led by steel and car makers, after the government said sales of
the alloy to auto manufacturers rose in the first seven months
of the fiscal year.
India's Edible Oil Imports Near 15-Year High as Duty Cuts Aids Malaysia Cooking oil imports by India, the
biggest buyer after China, may remain close to a 15-year high as
cheaper foreign products make processing of local soybeans and
peanuts unprofitable, a trade body said.
Canada Nears Agreement to Export Uranium to India for Nuclear Power Plants Canada, the world’s largest producer
of uranium in 2008, expects to reach agreement soon on nuclear
cooperation with India as it seeks to increase trade with the
South Asian nation.
Stocks, Commodities Rise as APEC Pledges to Keep Stimulus; Dollar Declines Stock markets rose around the world
and the dollar began a third week of declines after Asian
leaders pledged to maintain measures to stimulate economic
growth. Commodities gained as gold jumped to a record.
Sugar Futures May Climb on Deteriorating Outlook for Supply, Survey Shows Sugar futures may advance on signs
of deteriorating supplies, a survey showed.
Sterlite Gains to Highest in a Month After Judge Rejects Offer for Asarco Sterlite Industries (India) Ltd.,
India’s largest copper producer, rose to the highest price in a
month in Mumbai as analysts said the company will save $2.5
billion having lost the bid to acquire bankrupt U.S. copper
miner Asarco LLC.
India's Government Bonds Advance as Debt Auction Signals Stronger Demand India’s bonds gained for a second
day after the government sold debt maturing in 2016 and 2019 at
lower yields than traders estimated on Nov. 13, signaling
stronger-than-expected demand for fixed-income securities.
Aban Offshore of India Raises $150 Million Selling Shares to Investors Aban Offshore Ltd., India’s largest
oil rig company, raised $150 million selling shares to
institutional investors, a person with direct knowledge of
the transaction said.
GM Posts $1.15 Billion Quarterly Loss After Exiting Bankruptcy on July 10 General Motors Co., the successor to
the automaker that slid into bankruptcy this year, said it lost
$1.15 billion in the third quarter after its July 10 exit from a
U.S.-backed restructuring.
Stocks, Commodities Rise as APEC Pledges to Keep Stimulus; Dollar Declines Stock markets rose around the world
and the dollar began a third week of declines after Asian
leaders pledged to maintain measures to stimulate economic
growth. Commodities gained as gold jumped to a record.
Aabar Plans to Increase Stake in Daimler to 15% From 9.1%, Chairman Says Aabar Investments PJSC plans to
raise its stake in Daimler AG, the world’s second-largest maker
of luxury cars, to 15 percent from 9.1 percent, the Abu Dhabi
government-backed investor’s Chairman Khadem Abdulla Al-Qubaisi
told Bloomberg News today.
China Trade Ministry Says Calls for Yuan Gains `Not Fair' as Dollar Drops China’s Ministry of Commerce said
international pressure for appreciation in the yuan was “not
fair,” as U.S. President Barack Obama started a four-day visit
calling for a more balanced relationship between the two nations.
Mitsubishi UFJ Said to Hire Nomura, JPMorgan for $11 Billion Stock Offer Mitsubishi UFJ Financial Group Inc.
hired Nomura Holdings Inc., JPMorgan Chase & Co. and Morgan
Stanley to manage a share sale of about 1 trillion yen ($11
billion), five people familiar with the matter said.
Highest P/Es Since 2002 Prompt Invesco to Buy Canada-France-Spain Bargain Canadian insurers, builders in
Spain and Paris-based Vivendi SA are enticing investors in
search of cheap stocks after the steepest equity market rally
in 70 years.
Swaps Signal Worst Yen Since '05 as Mounting Debt Overwhelms Market Demand The yen is poised for its worst
tumble since 2005 as doubts about Japan’s fiscal footing double
the cost of insuring its debt.
source: Bloomberg
