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India puts up roadblocks to own stake sales

India is not making life easy for itself as it looks to sell-off stakes in state companies to help plug a yawning budget gap, with New Delhi’s own policies battering sentiment towards government enterprises even as it readies more for market.

Markets9 years ago

Markets

Myanmar sanctions opens door for foreign investors

BANGKOK - The United States is ready to relax some sanctions on Myanmar and France will urge the European Union to ease bans, opening the door for foreign investment in the isolated state after Nobel Peace Prize laureate Aung San Suu Kyi’s election victory.

Markets9 years ago

European outlook dims as Asia brightens

Markets

European outlook dims as Asia brightens

LONDON/SINGAPORE - An eighth straight month of contraction in the euro zone’s manufacturing sector eclipsed brighter news from Asia on Monday, dimming chances of a strong rebound in the global economy.

Markets9 years ago

Markets

Gold edges up, eyes on currency market

Gold prices inched up on Monday in the first trading day of the second quarter, waiting for fresh cues from the currency market as investors digest data from China and the United States as well as developments in the euro zone.

Markets9 years ago