Shares close higher on RBA outlook

West Indies vs Australia 2nd Test Match 2nd day,2009

By: james07

It's been another entertaining day of Test cricket at Adelaide which started with the strong fight put up by the West Indies lower order batsmen to push them past the 450 run mark. But it was all Australia from that point on as they piled on the runs. Shane Watson and Simon Katich remained unbeaten, having shared a 174 run opening stand.

4 days ago

Dubai recovery hopes hit by debt 'standstill' call

By: intellectual

Dubai, the credit-crunched Gulf playground, has shattered hopes of imminent financial recovery by asking for a six-month "standstill" on major parts of its debt Dubai World, one of the emirate's main state holding companies, said it was asking for a delay on maturities until at least May 30. It has $60bn (£35.9bn) in declared ...

14 days ago

Nifty closes at 5050 on positive global cues

By: azhar12

MUMBAI: Indian stocks extended weekend gains as bulls got support from the positive global markets. Buying activity was seen across the board led high beta stocks in auto, realty and metal space.Indices on Monday opened higher and moved beyond psychological resistance levels in early trade. However, the trade turned lacklustre due to lack of ...

24 days ago

Of the beneficiaries of Dubai's crisis?

By: ahmedibrahem

Of the beneficiaries of Dubai's crisis? There are reports reveal the beneficiaries of this global crisis In Egypt, the Egyptian Stock Exchange has been able to achieve gains of 8.5 per cent during the last three trading sessions, surpassing the effects of the sharp decline that hit him in the first trading week after Eid al-Adha. And ...

5 days ago