Financial Markets Beginning to Stablize Amid Lighter Volatility
Financial Markets Beginning to Stablize Amid Lighter Volatility
The Usd strengthened across the majors based on the recent trends in risk appetite among investors. The EurUsd fell over 160 pips to the high range of 1.31, while the UsdJpy declined to the 100 level. The GbpUsd continued yesterday’s pattern, trading through previous support to the […]
Haneda Rajathi to develop hotels
Haneda Rajathi, a joint venture company promoted by the Chennai-based Rajathi Group and the Malaysia-based Haneda Trading Construction Sdn Bhd, plans to enter the hotel industry. The company will develop 15 new hotels across Tamil Nadu, with an outlay of Rs. 500 crore. These new hotels would either come under the budget or three-star category […]
G7 Issues Joint Statement On Addressing Financial Crisis
G7 Issues Joint Statement On Addressing Financial Crisis
The Group of Seven (G7) issued a joint statement following its meeting in Washington DC addressing the ongoing financial crisis. The text is copied below.
“The G-7 agrees today that the current situation calls for urgent and exceptional action. We commit to continue working together to stabilize financial […]