Value of stocks on S&P 500 pushes through $20tn for first time

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Value of stocks on S&P 500 pushes through $20tn for first time

The value of stocks listed on the S&P 500 eclipsed $20tn on Monday for the first time, as investor optimism over faster US economic growth and stronger corporate profits propelled the Wall Street equity gauge deeper into record territory.
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State Bank may increase interest rate 50-75bps in second half: Credit Suisse

KARACHI: The State Bank of Pakistan (SBP) is likely to shun its 10-month long monetary easing stance in the second half of the current fiscal year of 2016/17 and raise its key policy rate 75 basis points as the government may pass on oil and food …
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DEP approves Sunoco's Mariner East 2 project

This map shows the approximate route and facility locations for Sunoco Logistics' Mariner East 1 and 2 pipeline projects, which will ship natural gas liquids from the Marcellus and Utica shale areas to the company's Marcus Hook complex near Philadelphia.
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Consumer Inflation Eases To Lowest Level In At Least Five Years

New Delhi: Inflation in the country cooled to its lowest in at least five years in January as food prices fell following the government's cash clampdown, but emerging price pressures mean the Reserve Bank of India (RBI) will probably keep interest …
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Rolls-Royce Profit Beats Estimates on Cost Cuts, Airbus Lift

… Rolls-Royce said in a statement Tuesday. Analysts had forecast a figure of 685 million pounds, the average of 11 estimates compiled by Bloomberg.
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