Toronto, Jan 23 : Canada’s main stock market in Toronto continued to rise over rising international oil prices. The Toronto Stock Exchange’s benchmark Standard & Poor’s/TSX Composite Index gained 353.72 points, or 2.94 percent, to close at 12,389.58 points on Friday, Xinhua news agency reported. Seven of the TSX index’s eight main sectors went up. […]
Category: Economy
US stocks rally as oil extends gains
New York, Jan 23 : US stocks posted solid gains as further recovery in oil prices boosted investor sentiment. The Dow Jones Industrial Average added 210.83 points, or 1.33 percent, to 16,093.51 on Friday, Xinhua news agency reported. The S&P 500 jumped 37.91 points, or 2.03 percent, to 1,906.90. The Nasdaq Composite Index surged 119.12 […]
Oil prices extend rally
New York, Jan 23 : Oil prices continued to surge in hope of stimulus from Eurozone. The West Texas Intermediate for March delivery moved up $2.66 to settle at $32.19 on the New York Mercantile Exchange, while Brent crude for March delivery increased $2.93 to close at $32.18 a barrel on the London ICE Futures […]
Gold down on equities rally
Chicago, Jan 23 : Gold futures on the COMEX division of the New York Mercantile Exchange fell as US equities rallied for the second day in a row. The most active gold contract for February delivery on Friday dropped $1.9, or 0.17 percent, to settle at 1,096.3 dollars per ounce, Xinhua news agency reported. Gold […]
China’s Wanda Group to invest 10 billion dollars in Haryana
Chandigarh, Jan 22 : China’s Wanda Group will invest 10 billion dollars to develop an industrial park in Haryana, the state government announced on Friday. A memorandum of understanding (MoU) was signed between the two sides in Beijing in the presence of Haryana Chief Minister Manohar Lal Khattar on Friday. “An MoU was signed for […]
Indian firms keen to invest in African oil assets: Pradhan
New Delhi, Jan 22 : India has conveyed to African countries that took part in the just concluded fourth India Africa Hydrocarbons Conference that Indian companies are keen to invest in upstream assets in Africa, Petroleum Minister Dharmendra Pradhan said on Friday. “We conveyed that Indian companies are keen to invest in upstream assets in […]