Fed''s Plosser: Wind Down Stimulus Programs This Year

Investing.com - The Federal Reserve should consider winding down its monetary stimulus programs later this year, Charles Plosser, President of the Federal Reserve Bank of Philadelphia, said Friday.The Federal Reserve is currently buying USD85 billion...

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U.S stocks gain on earnings, Fed uncertainty weighs; Dow up 0.02%

Investing.com - U.S. stocks finished Friday higher after second-quarter earnings out of the financial sector beat expectations, though remaining uncertainty as to when the Federal Reserve will scale back stimulus measures hampered gains.Stimulus programs...

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Gold posts strong gains as Bernanke says policy to stay loose

Investing.com - Gold prices shot up on Thursday after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy, including the Fed's monthly USD85 billion asset-purchasing program, will stay in place for now.On the Comex division of the...

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Forex - Dollar falls as Fed says stimulus to stay in place for now

Investing.com - The dollar fell against most major currencies on Thursday after Federal Reserve Chairman Ben Bernanke said stimulus programs will stay in place for the foreseeable future.Stimulus programs such as the Fed's monthly USD85 billion bond-buying...

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Forex - EUR/USD gains as Fed minutes suggest stimulus to stay

Investing.com - The dollar dropped against the euro on Wednesday after the Federal Reserve released the minutes of its June monetary policy meeting that showed monetary authorities favored keeping stimulus programs in place despite improving economic...

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Forex - Dollar falls on release of Federal Reserve minutes

Investing.com - The dollar fell against most major currencies on Wednesday after the Federal Reserve released the minutes of its June monetary policy meeting, which weren't quite as hawkish as markets were expecting.In U.S. trading on Wednesday, EUR/USD...

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Forex - Dollar gains as IMF trims forecasts, China, U.K. data support

Investing.com - The dollar strengthened against most major currencies on Tuesday after the International Monetary Fund trimmed its global growth forecasts for this year and the next, which sparked safe-haven demand for the U.S. currencyIn U.S. trading...

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South Korean unemployment rate remains unchanged

Investing.com - The unemployment rate in South Korea remained unchanged last month, official data showed on Thursday.In a report, Korea National Statistical Office said that South Korean Unemployment Rate remained unchanged at a seasonally adjusted annual...

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Deccan Default: CBI search fails bring key details to light

The CBI is currently conducting search operations at the premises of Deccan Chronicle Holdings (DCHL). A search is on at the residence of the company's managing director. CNBC-TV18's Appaji Reddem reports that the search is related to the liabilities...

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Move to re-locate Jet HQ raises worries about Etihad deal

CNBC-TV18 economic policy editor Siddharth Zarabi explains that new questions have been raised over Jet Airways ' commercial pact with Etihad. Concerns have been raised regarding Jet Airways' plans to relocate operations and core functions to Abu Dhabi...

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Forex - USD/JPY up in Asian trade

Investing.com - The U.S. Dollar was higher against the Japanese Yen on Sunday.USD/JPY was trading at 101.42, up 0.26% at time of writing.The pair was likely to find support at 99.26, Wednesday's low, and resistance at 101.47, today's high.Meanwhile,...

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Germany win is just another race for steely Vettel

By Mark Meadows NUERBURGRING, Germany (Reuters) - Triple world champion Sebastian Vettel is not one for tears or emotional pronouncements and even his first victory at his home German Grand Prix on Sunday was treated largely like any other race. The...

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Internet censorship only builds hatred: Jimmy Wales

Jul 06, 2013, 05.06 PM IST Wikipedia's Jimmy Wales says internet censorship is never good. According to him, people today are more aware of these issues and the fact that their governments may not always have the best of intentions. ...

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Service Tax Exemption To Sez Units Or Developers

Published on Sat, Jul 06,2013 | 17:05, Updated at Sat, Jul 06 at 17:05Source : Moneycontrol.com  This EY Tax Alert gives an update on the recent Notification No. 12/2013- Service Tax dated 1 July 2013, issued by the Ministry of Finance,...

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