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  • MICROSOFT.EMPLY

    Microsoft May Cut 700 Jobs This Month: Report

    January 21, 2017

    As part of its previous announcement regarding offloading 2,850 employees by June 2017, Microsoft may soon cut 700 jobs during its earnings call on January 26, media reports said on Friday. According to a report in Business Insider, most of the 2,850 roles that may be cut have already been elimin..

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  • CHINESE PM

    Chinese PM Believes Country Will Maintain Growth Rate

    January 21, 2017

    Chinese Prime Minister Li Keqiang has expressed confidence that his country will maintain its growth rate this year, after it was revealed that the GDP grew 6.7 per cent year-on-year in 2016, according to officials on Saturday. In statements made late Friday, Li Keqiang stated that China's expans..

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  • People line up at an Apple store shortly before it opens in Beijing, China, January 3, 2017.  REUTERS/Thomas Peter

    Apple Sues Qualcomm For $1 Bn, Chip Maker Hits Back

    January 21, 2017

    Days after the US government filed a lawsuit against global chip manufacturer Qualcomm of forcing Apple to use its chips in exchange for lower licensing fees, the Cupertino-based tech giant has sued Qualcomm for nearly $1 billion over royalties. According to a CNET report, in a lawsuit on Friday,..

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  • chinagdp3

    China GDP Falls To 26-Year Low

    January 20, 2017

    China's economy grew 6.7 per cent year on year in 2016, the slowest pace of growth in 26 years, but well within the government's target range, official data showed on Friday. Growth in the fourth quarter came in at 6.8 per cent, accelerating from the 6.7 per cent in the third quarter, according t..

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  • 12

    Selling Pressure Pulls Equities Lower

    January 20, 2017

    Indian equities markets trade on a negative note during the early morning trade session on Friday, as heavy selling pressure was witnessed in banking and IT stocks. The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 23.25 points or 0.28 per cent, to 8,411.85 points. The baro..

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  • 51
  • wonk0912

    Assets, Mortgage-Backed Securities Will Be Stable In 2017: Moody’s

    January 19, 2017

    Global credit rating agency Moody's Investors Service and its Indian affiliate ICRA Ltd. on Thursday said the performance of commercial vehicle (CV) loans backing asset based securities (ABS) and the residential mortgage backed securities (RMBS) will be stable in 2017. "Delinquenc..

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  • S.korean Currency

    S.Korean Currency’s Volatility To $ Hit 6-year High in 2016

    January 19, 2017

    South Korean currency's volatility to the US dollar hit the highest in six years in 2016 on external uncertainties including the presidential election and the expected rate hike in the US, central bank data showed on Thursday. Daily volatility, which means daily difference between highs and lows ..

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  • qtq80-HaGQhX

    US Economy Continues Modest Expansion: Survey

    January 19, 2017

    US economic activity continued to expand at a modest pace from late November through the end of last year, a new survey released by the Federal Reserve showed. "Reports from the 12 Federal Reserve Districts indicated that the economy continued to expand at a modest pace across most regions," the ..

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  • US Rate, Domestic Prices to Set Equity Markets Direction

    Key Indian Equity Market Indices Open Flat

    January 19, 2017

    Taking cues from global markets, the key Indian equity market indices opened flat on Thursday. The Sensitive Index (Sensex) of the BSE, which had closed at 27,257.64 points on Wednesday, opened lower at 27,253.34 points. Minutes into trading, it was quoting at 27,232.62 points, do..

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  • Female student texting from her cell phone at the university

    Over 80% Indian Youngsters Use Smartphone For Shopping: Study

    January 18, 2017

    More than eight in 10 young adults use their smartphones for shopping, a survey has showed. The findings, by digital marketing firm Regalix, showed that a whopping 83 per cent used their advanced smartphones for some online retail shopping, emarketer.com reported on Wednesday. Despite this, on..

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