ECONOMY & MARKETS

State Bank of India

Fed-up SBI ‘to Name and Shame’ Defaulters

The State Bank of India, the country's biggest lender, will name and shame "wilful" defaulters and put their pictures in newspapers to get them to pay up, the Economic Times has reported.

China Has Stake in Helping Eurozone in Crisis: Wen Jiabao

Chinese Premier Wen Jiabao reacts during a news conference in Doha
China has a stake in helping the Eurozone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance not only as an export market but also as a source of technology.

Greece's Bailout Deadline Looms, as Clock Continues to Tick

An anti-government protester holds a Greek flag as he shouts slogans against Greek Premier George Papandreou and his lawmakers in front of the parliament during a debate prior to a vote of confidence in Athens November 3, 2011.
Greek Prime Minister Lucas Papademos faces the critical task of convincing international lenders and political-party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default.
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Super Bowl 2012: Are Sports Stadiums Ripping Off Cities?

When the New York Giants and New England Patriots battle in Super Bowl XLVI on Sunday, they'll be playing in a stadium that was largely financed by taxpayers. Some critics dispute the positive economic benefits of stadiums, which have received around $20 billion in subsidies in the last two decades.
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A worker performs a quality test on automobile parts at a factory in Ludhiana, in the northern Indian state of Punjab on Jan. 18, 2012.

Global Manufacturing Buzzing So Far in 2012

Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
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The Hottest U.S. Real Estate Markets: Washington, D.C.

The nation's capital has been a leader when it comes to real estate. While much of the country's housing market continues to languish, Washington D.C. and the surrounding area have seen tight inventory and price growth in recent months.

Major Layoff Announcements in 2012 [SLIDESHOW]

Unless you have been living under a rock for the last couple of years, you'll know that companies big or small have been constantly axing jobs across the board. Which companies are axing jobs in 2012?
An NYSE is seen over the trading floor of the New York Stock Exchange

Stock Index Futures Pop on Unemployment Report

Stock index futures pointed to a sharply higher open on Friday after the government reported the U.S. economy created jobs at the fastest pace in nine months, infusing optimism into markets.
FTSE rises as China data lift miners, UK data eyed

European Stocks Rise to Six-Month High

European stocks were up around midday on Friday, hitting a six- month high as investors cheered data that hinted the euro zone may avoid slipping back into recession, eclipsing a disappointing start to the earnings season.
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Brent Crude Oil Rises above $112

Brent crude rose above $112 on Friday as Supreme Leader Ayatollah Ali Khamenei warned that the Iran would retaliate over an oil embargo at the right time.
Nikkei Stock Exchange

Nikkei Falls for First Time in 4 Days

Japan's Nikkei share average fell on Friday for the first time in four days ahead of U.S. jobs data, though Sony Corp (6758.T) soared as investors hoped a new CEO would turn things around after it forecast a $2.9 billion annual loss.
Rupee

Rupee Up on Dollar Inflows

The rupee rose on Friday, supported by dollar inflows, although choppy local shares and cautious sentiment across world financial markets ahead of key U.S. jobs data capped major gains in the local currency.
Asian Stock Market

Asian Shares, Euro Fall Ahead of U.S. Jobs Data

Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
BSE Sensex

BSE Sensex Snaps 3-day Gains; Bharti Airtel Rises

The BSE Sensex was subdued on Friday as some profit-taking emerged after the index rose more than 3 percent in the last three sessions, and as weak Asian markets ahead of key U.S. jobs data dented investor sentiment.
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Asian Stocks, Euro Slip as Investors Await U.S. Jobs Data

Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
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Asian Markets Flat, Awaiting U.S. Jobs Numbers

Asian shares and major currencies were stuck in ranges Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on.
Treasury Secretary Timothy Geithner

Financial Regulation Has Momentum in 2012: Geithner

U.S. Treasury Secretary Timothy Geithner sounded a relatively cautious note on the state of capital markets regulation reform Thursday, detailing the work various branches of the federal executive have done, what the results had been so far, and what expectations he held for 2012.
Dodge Dart

Chrysler Adds 1,800 Jobs for Dodge Dart Production

Chrysler Group LLC will bolster its Belvidere, Ill., assembly plant with 1,800 new jobs, Fiat and Chrysler Chief Executive Sergio Marchionne said Thursday. About 500 of those jobs will solely focus on production of the all-new 2013 Dodge Dart, which Chrysler introduced last month at the 2012 North American International Auto Show in Detroit.
Rupee

Rupee Hits 3-month High

The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.
The German DAX Index board is pictured behind a plastic flower during a trading session at the first trading day at Frankfurt's stock exchange in Frankfurt

European Stocks Level off after Hitting Six-Month High

European shares steadied after hitting a six-month high on Thursday as strong gains in miners on merger talks between Xstrata (XTA.L) and Glencore (GLEN.L) were offset by a sell-off in defensives, with Unilever (ULVR.L) down on poor outlook.
Experts work at their screens in the NYSE Euronext cash markets operations room in Paris

Dow, S&P 500 Rise on Strong Consumer Confidence

The Dow and S&P 500 advanced for a second day on Tuesday as stronger-than-expected consumer confidence data and hopes for further progress on a solution to Europe's fiscal mess bolstered sentiment.

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