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australian homes approach $7 trillion in value




australia's housing market is slowing after years of rapid growth but the value of the nation's homes is still rising and on its way to $7 trillion.residential property prices rose 5 per cent in the year to december, slower than the 8.3 per cent growth achieved just three months earlier, latest data...



nine of top 10 cos lose rs 364 bn in m-cap; hul lone gainer, adds rs 7 bn




nine of the 10 most valued companies together lost rs 364.67 billion in market valuation last week, with sbi taking the steepest hit.hul was the lone gainer among the top-10 firms. the market capitalisation (m-cap) of state bank of india (sbi) tanked rs 155.37 billion to rs 2.02 trillion. itc's valu...



the australian newspaper launches chinese language website




the australian newspaper today became the first local newspaper to launch a chinese-language website. the website will include translations of national, regional and international news and analysis, selected by the newspaper's editors.the website will sit outside of the australian's paywall, and it'...



the australian newspaper launches chinese language website




the australian newspaper today became the first local newspaper to launch a chinese-language website. the website will include translations of national, regional and international news and analysis, selected by the newspaper's editors.the website will sit outside of the australian's paywall, and it'...



eight of top 10 sensex companies lose rs 671 bn in m-cap; ril slides most




the combined market valuation of eight of 10 most valued indian companies plummeted by rs 671.53 billion last week, with the benchmark bse sensex tanking over 2 per cent. barring hdfc and infosys, all the top 10 companies, including reliance industries (ril), ongc and sbi, suffered losses in their m...



nine of 10 most valued cos add rs 666.2 bn in m-cap; tcs biggest gainer




nine of the 10 most valued indian companies together added rs 666.19 billion (rs 66,619.4 crore) in market valuation last week, with tcs and reliance industries (ril) emerging as the biggest gainers. barring sbi, rest nine companies including hdfc bank, itc, hul and infosys saw rise in their market ...



five of top 10 companies lose rs 266 bn in market cap, sbi most hit




five of the 10 most valued indian companies saw a combined erosion of rs 266.41 billion in market valuation last week, with the country's largest lender state bank of india (sbi) taking the steepest hit. the other firms which witnessed a decline in their market capitalisation (m-cap) for the week en...



infosys drops out of india's top 10 most valued companies




infosys on monday crashed out of india's 10 most valued companies' list after the exit of vishal sikka as managing director and ceo of the company.sikka's exit took a heavy toll on the company's brand image as it lost rs 34,000 crore in market capitalisation in the last two trading sessions.in monda...



robocars could add $7 trillion to the global economy




a new report predicts a $7 trillion self-driving economy. get some of that future cash. the post robocars could add $7 trillion to the global economy appeared first on wired.



mutual fund assets soar 42% to rs 17.5 trillion in fy17




investors poured in an additional rs 3.4 trillion across categories during the year under review



china to spend over $1.4 trillion on planes over next 20 years, says boeing




boeing says chinese airlines are likely to buy more than 7,000 planes worth $us1.1 trillion ($1.4 trillion) over the next 20 years.



pimco dumps australian banks, property bonds as risks escalate




pacific investment management co., one of the world's largest bond managers, is cutting its investments in australian bank debt because of lofty valuations. it's also trimming holdings of real estate and retailers' bonds.the unwinding of some of its holdings in australian lenders' debt is the first ...



tesla virtual power plant may face headwinds under new south australian premier




share this storyenlarge/ tesla powerpacks in south australia.teslathe new premier of south australia, steven marshall, is unconvinced about a virtual power plant project that had been proposed by tesla and accepted by jay weatherill, the australian state's previous premier, in february.the project a...



tesla virtual power plant may face headwinds under new south australian premier




share this storyenlarge/ tesla powerpacks in south australia.teslathe new premier of south australia, steven marshall, is unconvinced about a virtual power plant project that had been proposed by tesla and accepted by jay weatherill, the australian state's previous premier, in february.the project a...



promoter pledging: value of shares falls to 7 per cent in february




the value of shares pledged by promoters of the bse-listed companies reached over rs 2.54 trillion at february-end, a decline of 7 per cent compared to the previous month, according to exchange data. the value of pledged shares stood at rs 2.72 trillion at the end of january. it was at rs 3.03 trill...



mahs gets rs 12-trillion investment commitments from 3-day summit




maharashtra chief minister devendra fadnavis said the state has signed as many as 4,106 investment proposals worth rs 12.10 trillion in the three-day global investor summit that concluded here on tuesday. besides, the state has also signed 104 proposals with the centre worth rs 3.90 trillion for inv...



dollar debt outside us rises 5.2% to record $11 trillion: bis data




the amount of dollar-denominated debt from countries and companies outside the united states has hit a record $11 trillion, new data from the bank for international settlements showed on thursday. the figures from the bis, known as the central bank to the world's central banks, showed the $11 trilli...



india's equity market-cap to hit $6.1 trillion by 2027: morgan stanley




the research house also expects the market-cap of asian equities (combined) to double to $56 trillion over the next 10 years



banks' npa steadily rising, reached rs 7.77 mn till dec 2017: mos finance




the finance ministry on friday informed the lok sabha that bad loans in the banking sector have been rising steadily for the past eight years and in case of state-run banks it crossed rs 7.77 trillion at december-end 2017. in different written replies in the house, minister of state for finance shi...



promoted as ‘ageing well’, but increasingly out of reach




government strategies to manage population ageing largely assume that older australians are home owners. there is often an implied association between home ownership and ageing well: that is, older australians who own homes are seen as having made the right choices and as being less of a budget burd...



presstv-australian bushfire destroys homes, hundreds flee




australian authorities urged people to remain alert on monday after at least 70 homes and a school were destroyed when an out of control bushfire tore through a small coastal town.residents fled to the beach to avoid the flames in tathra, located about 430 kilometres (267 miles) south of sydney, as...



donald trump seeks to slash $4.8 trillion of government spending




president donald trump wants lawmakers to slash $us3.6 trillion ($4.8 trillion) in government spending over the next decade.



gop tax reform bill could increase deficit by $1 trillion




(washington) — a new congressional analysis says the senate tax package would add $1 trillion to the budget deficit over the next decade, much less than previously estimated.the new analysis by the nonpartisan joint committee on taxation says the tax package would increase economic growth, generat...



credit offtake continues to clock double-digit growth, shows rbi research




credit growth continued to remain in double-digits clocking 10.58 per cent at rs 81.71 trillion in the fortnight to january 19, according to the latest rbi data. in year ago fortnight ending january 20, 2017, banks advances had stood at rs 73.89 trillion. but credit growth in the reporting period wa...



hyundai motor q4 profit rises 3%; annual earnings drop for 5th yr straight




hyundai motor on thursday reported a 3 per cent gain in quarterly net profit, but a fifth straight drop in annual earnings as a stronger local currency and weak us and chinese sales eroded the automaker's bottom line for 2017. hyundai, the world's no.5 automaker along with affiliate kia motors corp,...