China's shadow banking sector growing rapidly, third largest in world - FSB

31 Oct 2014

BEIJING (Reuters) - China's shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the ...

More investor activism expected, but returns likely lower - survey

31 Oct 2014

BOSTON (Reuters) - Activist investment campaigns such as the ones conducted by Carl Icahn, William Ackman and Daniel Loeb are expected to ...

In war on smog, struggling China steel mills adapt to survive

31 Oct 2014

BEIJING (Reuters) - Chinese steel mills, among the biggest in the world, are altering their production schedules to offset disruption from ...

U.S. regulator to Takata: Give us faulty air-bag documents

31 Oct 2014

DETROIT (Reuters) - U.S. auto safety regulators on Thursday ordered Japanese supplier Takata Corp <7312.T> to provide documents and ...

S&P nears 2000 as Wall Street rallies, Visa boosts Dow

31 Oct 2014

US stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports ...

Wal-Mart to close 30 underperforming stores in Japan, take charge

30 Oct 2014

REUTERS - Wal-Mart Stores Inc said on Thursday it would close 30 underperforming stores in Japan, scaling back in what was once considered ...

Harley-Davidson woos affluent young Indians with bike culture

30 Oct 2014

MUMBAI (Reuters) - Harley-Davidson Inc, battling upstart competitors in its traditional markets, says it is betting on India's young and ...

Gold, silver tumble on strong U.S. growth data, Fed view

30 Oct 2014

NEW YORK/LONDON (Reuters) - Gold dipped below $1,200 an ounce on Thursday and silver plunged 4 percent to its lowest since March 2010, a ...

Corrected - Americans face post-foreclosure hell as wages garnished, assets seized

30 Oct 2014

NEW YORK (Reuters) - (In Oct 14 story, corrects paragraph 28 to show financial institutions in Maryland have 27 years, not 36, to collect ...

Global equity markets mixed as Fed ends QE on hawkish note

30 Oct 2014

NEW YORK (Reuters) - Global equity markets were mixed on Thursday while the dollar surged to a three-week high and government bond yields ...

China banks' bad loans surge, credit crunch could spread west

30 Oct 2014

HONG KONG/SHANGHAI (Reuters) - China's five biggest banks reported sharply rising bad loans for the third quarter as the economy slows, ...

Thomson Reuters financial products sales improve

30 Oct 2014

NEW YORK (Reuters) - News and information company Thomson Reuters Corp on Thursday said more clients of its Financial & Risk business ...

Cipla asks India to revoke Novartis patents on respiratory drug

30 Oct 2014

MUMBAI (Reuters) - Generic drugmaker Cipla Ltd said on Thursday it has asked the Indian government to revoke five patents held by Swiss ...

Bharti Airtel Q2 net profit doubles as India market turns corner

30 Oct 2014

MUMBAI (Reuters) - Bharti Airtel Ltd, India's top telecommunications carrier, reported a more than doubling of quarterly profit, beating ...

ICICI Bank posts record Q2 profit, but bad loans rise

30 Oct 2014

MUMBAI (Reuters) - ICICI Bank Ltd, India's biggest private sector lender, reported a record quarterly profit on Thursday that beat analyst ...

Arun Jaitley sees better growth in H2 of 2014/15

30 Oct 2014

NEW DELHI (Reuters) - India's economy is expected to do better in the second half of the fiscal year to March 2015, Finance Minister Arun ...

India bonds touch 13-month peak on reforms optimism

30 Oct 2014

MUMBAI (Reuters) - The government bonds hit a 13-month high Thursday on hopes recent government reforms and likely rate cuts by the Reserve ...

Rupee weakens in line with Asia as Fed seen hawkish

30 Oct 2014

MUMBAI (Reuters) - The rupee hit a two-week low on Thursday, falling for a third consecutive session as the dollar got a boost after the ...

Sensex, Nifty hit record highs, shrug off Fed's hawkish tone

30 Oct 2014

MUMBAI (Reuters) - The BSE Sensex and Nifty rose nearly 1 percent to a record high on Thursday as investors bet an improving economy and ...

Bharti Q2 net profit more than doubles

30 Oct 2014

MUMBAI (Reuters) - Indian mobile carrier Bharti Airtel said second quarter net profit more than doubled to 13.83 billion rupees ($225 ...

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