Indian government calls out to millions of non-residents for revival of rupee. India is planning on reviving the rupee by reaching out to millions of its non-resident citizens to assist in reversing the currency decline.
Industry
ADNOC's US$40 billion investment plan underway
ADNOC announced that they are halfway through their US$40 billion investment plan. Abu Dhabi National Oil Co. (ADNOC) said that they are halfway through plans for the company's US$40 billion investment plan.
European stocks on the rebound
European stocks rebounded with Volvo and EasyJet as top gainers. European stocks have rebounded, with Volvo and EasyJet leading the top gainers. The world's largest truckmaker, Volvo, posted a gain of 3.
Survey shows investors adding longer-dated Treasuries after Bernanke Congress testimony
Investors have now raised their longer-dated Treasuries after Bernanke appeased their worries. After Federal Reserve Chairman Ben Bernanke appeased worries about increasing interest rates, investors have now raised their holdings of long-dated Treasuries.
Dollar recovers but no smooth sailing for the uptrend seen
The dollar has risen after a month-long slump but the journey upwards is not going to be smooth. From a low of 82. 047 on Monday, the dollar index, DXY has risen to 82.
Latest News
According to analysts, the election results in Japan might be the catalyst it needs to gain economic momentum.
In a statement said by Prime Minister Shinzo Abe, he vowed to bring back Japan's economic status.
The currency of Israel depreciated by almost US$0.6 last week. Despite rampant divestments and impending economic boycotts adding to the problems of the conflicted Israel, the currency stayed strong.
Despite an Israeli minister's denial of an economic boycott, an Israeli newspaper said that "an economic tsunami" is heading to the country.
BAIC Group stated that it is planning to buy assets from Fisker Automotive Inc. to enhance its own electric vehicle development.
The show the Big Bang Theory broke out all the stops, having Stephen Hawking introduce the show as it held a Q&A in this year's Comic Con.
US federal prosecutors revive a 30 year old law to prosecute Wall Street banks that sold toxic loans in 2008.
SEC's persistence to pursue the case against Fabrice Tourre, Goldman Sachs' junior salesman, may backfire.
The production of next-gen Chevrolet Cruze will be delayed by a year after sources familiar with the deal said that it's more likely to start in December 2015.
