Articles By Prasanth Aby Thomas

From Global Markets Mar 07, 2013

Asian Markets Except Japan Weak, Nikkei Breaks 12,000 Mark

Most markets across the region trade lower, although Nikkei hits record high on yen weakness.

From Global Markets Mar 05, 2013

European Markets Gain Ahead of Eurozone Economic Data

Markets open higher as traders await regional service-sector data amid eurozone finance ministers meet.

From Economy Mar 05, 2013

Swiss Bank Wegelin Fined $58 Million in US Tax Evasion Case

Swiss bank Wegelin & Co has been accused of aiding and abetting tax fraud.

From Economy Mar 05, 2013

Reserve Bank of Australia Leaves Interest Rate Unchanged at 3%

RBA keeps interest rate on hold at 3% as it sees improvement in non-mining sectors of the economy.

From Global Markets Mar 05, 2013

Asian Stocks Rebound as China Kicks Off National People's Congress

Markets recover from the previous session as traders speculate on China's economic forecasts and Japan's stimulus promises.

From Companies Mar 04, 2013

Japex plans to Buy 10% Stake in Petronas' Canada Project

Japan's LNG dependence has soared after the 2011 disaster.

From Economy Mar 04, 2013

China to Overtake US as Top Luxury Car Market by 2016

China's luxury car market is boosted by improved income and the people's desire to showcase social status, says a study.

From Global Markets Mar 04, 2013

European Stocks Decline on Global Economic Concerns

Markets open lower as traders consider the US sequester, Italian political concerns and Chinese property curbs.

From Economy Mar 04, 2013

UK to Lose $1.5 Billion in Trade Due to Poor Airport Capacity: CBI

One flight a day to emerging markets could boost UK's trade by about £1bn a year, says CBI.

From Global Markets Mar 04, 2013

Asian Stocks Drop on China Property-Sector Fears and Growth Concerns

Asian markets slip as speculations of tighter controls over the real estate sector in China dampen sentiments.