Saturday, November 21st, 2009

Posts Tagged ‘ Ing Investment Management ’

India Starts 2009 With More Rate Cuts and Stimuli

Jan 5th, 2009 | By Mike Caggeso | Category: Emerging Markets, Financial News

India started the year on an actionable note by sharply cutting interest rates and unveiling another stimulus package. The Reserve Bank of India lowered its repurchase rate by one percentage point to 5.5%, and lowered the reverse-repurchase rate by one percentage point to 4%.



Market Plummets on Economic, Spending Worry

Dec 1st, 2008 | By Contrarian Profits | Category: Financial News

Gloomy economic picture fuels risk aversion… Financials, energy, retailers among top drags… Dow off 4.3 pct, S&P 500 off 5 pct, Nasdaq off 5.3 pct