Credit Suisse Unease Sparks Selloff in World Stocks

LONDON, March 15 Reuters Renewed unease gripped world markets on Wednesday as news that Credit Suisse39;s largest investor said it could not provide the Swiss bank with more financial assistance sent its shares and broader European shares sliding once more. Signs of calm and stability in banking stocks, which have tanked in the past week, […]
Read More

Rupee Retreats from Opening Highs on Dollar Demand

MUMBAI, March 15 Reuters The Indian rupee edged higher against the U.S. currency on Wednesday, tracking recovery in wider Asian markets, but gave up opening gains on importerled dollar buying. The rupee traded at 82.45 per dollar by 1050 a.m. IST after opening at 82.31, compared with 82.49 in the previous session. The currency gave […]
Read More