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Sensex gains 1.7 percent; energy firms rally
MUMBAI - The BSE Sensex rose more than 1 percent on Thursday to its highest in a week as energy firms such as Reliance Industries rose on expectations that the government would announce an increase in domestic prices of gas.
China markets steady, but mood still fragile
SHANGHAI - China's stocks clawed back some of their recent heavy losses and cash markets steadied on Thursday, but gains were capped by concerns that last week's severe cash crunch was ushering in a period of tougher funding conditions and slower economic growth.
- Nikkei posts biggest one-day gain in 2-1/2 weeks; China, Fed worries ease
- Myanmar telecoms winners to be announced on Thursday; Bharti Airtel among contenders
- Deutsche Bank files for India's first inflation-linked bond fund
Red Bull's Mark Webber will quit Formula One at the end of the season for Porsche's new sportscar programme, the Australian announced on Thursday. Full Article Deutsche Asset Management, part of Deutsche Bank AG , is set to launch India's first inflation-linked bond mutual fund, according to registration documents filed with market regulators late on Wednesday. The government has been keen to sell inflation-indexed bonds to wean investors off gold as a hedge against rising prices. Full Article China stocks clawed back some of their recent losses, but gains were capped by concerns that the severe cash crunch was ushering in a period of tougher funding conditions and slower growth. Full Article U.N.-appointed inspectors, blocked from entering Syria, are in Turkey to gather information about possible use of chemical weapons in the civil war, officials said on Thursday. Full Article Samsung slapped a $13,000 price tag on its first curved, super-thin OLED television to go on sale, the same price as rival LG Electronics and one that underscores the high costs of the technology. Full Article
Webber to quit Formula 1 at the end of season
Deutsche Bank files for first inflation-linked fund
China markets steady, but mood still fragile
U.N. team to investigate Syria chemical claims
Samsung rolls out new OLED TV for $13,000
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