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Deutsche Bank's Latest Capital Raising Won't End Its Problems

Source: Business Balla | May 19 2014, 2:34pm CDT

Deutsche Bank has finally admitted – to no-one’s surprise – that it needs more capital. It has announced plans to raise...
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Slow Growth and Rapid Deflation in October ss Eurozone Slump Extends

Nov 5 2014 3:33am CST | Source: IBTimes UK

Eurozone business growth picked up by the slimmest of margins despite deep price ...
Full article at: IBTimes UK


Strong dollar squeezes oil, China PMI limits stock gains

Nov 3 2014 3:37am CST | Source: Business Standard

The dollar powered to a seven-year peak against the yen and a two-year high against the euro on Monday, extending gains after the Bank of Japan's latest stimulus and punishing oil and gold priced in the U.S. curren ...
Full article at: Business Standard


Latest stories

Russia allows buffalo meat imports from India
Moscow, Dec 4 (IANS/TASS) Russia has allowed imports of buffalo meat from India, the country's veterinary regulator said Thursday.
New guidelines for prostate cancer testing
Melbourne, Dec 4 (IANS) Prostate cancer checks in Australia are set to improve after cancer agencies and health experts reached an agreement on new testing guidelines at the World Cancer Congress (WCC) currently being held in Melbourne.
Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human.

Legal costs lead to quarterly net loss at Deutsche Bank

Oct 29 2014 9:06am CDT | Source: Euronews

Deutsche Bank has reported a net loss in the third quarter. The 92 million euro loss by Germany's top lender was because it has had t ...
Full article at: Euronews


Sweden Just Slashed Interest Rates To Zero In Fight To Get Out Of Deflation

Oct 28 2014 4:09am CDT | Source: Business Insider

Sweden's central bank, the Riksbank, just slashed its main interest rate to zero. That's zero as in nothing, nada, 0%. It's a rare move for a central bank. Normally, central banks that want to boost their economies and fuel a bit of inflation like to keep their interest rate nominally above zero — at 0.25% or 0.5% — in order to maintain the fig leaf that they're not targeting a "no-interest ...
Full article at: Business Insider


Rupee rises 8 paise against dollar in early trade

Oct 26 2014 11:34pm CDT | Source: Business Today

Strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market suppor ...
Full article at: Business Today


25 Banks Fail Europe's Biggest Stress Test

Oct 26 2014 6:20am CDT | Source: Business Insider

The European Central Bank said on Sunday that 25 eurozone banks showed a capital shortfall, after a year-long review of finances for 130 of of the largest banks in the euro area. SEE ALSO: Credibility Meets Compromise In Europe's Bank Stress Test Join the conversation ...
Full article at: Business Insider


ECB Says 25 Banks Fail Stress Tests

Oct 26 2014 6:10am CDT | Source: WSJ.com: Asia Home

Twenty-five eurozone banks flunked financial-health exams designed to measure their ability to withstand another economic crisis, falling short of minimum levels of capital by a total of €25 billion ($31.68 billi ...
Full article at: WSJ.com: Asia Home


Off the Charts: Eurozone Falters Amid Deflation as a Mildly Inflationary U.S. Grows

Oct 24 2014 7:54am CDT | Source: NewYorkTimes-Business Day

America’s Consumer Price Index rose 1.7 percent in the last 12 months as some European economies appeared to have fallen into new recession ...
Full article at: NewYorkTimes-Business Day


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Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human. The simple zigzag pattern found on a fossilized shell from the Indonesian island of Java has...
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Insects compete with rats to clear garbage
New York, Dec 4 (IANS) Insects play a very important role in cleaning up cities and they compete with other pests like rats and pigeons in their endeavour, a study has said. Scientists sampled arthropods - such as...
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School headmaster shot dead in Pakistan
Islamabad, Dec 4 (IANS) Unidentified gunmen Thursday killed the headmaster of a private school in Pakistan's Balochistan province. Police officials said the armed men opened fire at the vehicle of Zahid Ali,...
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Four more bodies recovered from sunken South Korean ship
Seoul, Dec 4 (IANS) Four more bodies were recovered Thursday from a sunken South Korean fishing ship in the Bering Sea, the foreign ministry here said. This increased the toll to 16, including six South Koreans and 10...
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Lesbian couple asked to desist in London restaurant
London, Dec 4 (IANS) A lesbian couple in a London restaurant was asked to desist by a staff member, who asked them to "stop what you are doing". Lydia Cawson, 29, said that she and her girlfriend were asked by a staff...
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Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to...
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Oceans play key role in global 'warming hiatus'
London, Dec 4 (IANS) Increased heat uptake across three oceans - North Atlantic, the Southern Ocean and Equatorial Pacific Ocean - is the likely cause of the 'warming hiatus' -- the current decade-long slowdown in...
Read more on Politics Balla
Novel imaging to identify if TB drugs are working
Washington, Dec 4 (IANS) Tuberculosis patients who are not cured of the infection can develop multi-drug resistant TB and have to take as many as six drugs for two years. Now, researchers at University of Pittsburgh...
Read more on Business Balla
PM makes first appointment to High Court of Australia
Canberra, Dec 4 (IANS) Prime Minister Tony Abbott's government Thursday appointed former Victorian Supreme Court judge Geoffrey Nettle as the next Justice of the High Court of Australia. Attorney General George...
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18 suspected militants killed in Pakistan airstrikes
Islamabad, Dec 4 (IANS) At least 18 suspected militants were killed Thursday in airstrikes conducted by Pakistan Air Force fighter jets in North Waziristan. According to officials, the airstrikes were conducted in...
Read more on Politics Balla