Stocks News

MUMBAI: The country's largest lender, State Bank of India, on Saturday said it has reduced deposit rates across all maturities by 0.25%, with effect from June 15.

A broker upgrade helped BT shares storm ahead today, but the wider market failed to make headway in lacklustre trading.

George Soros, chairman of Soros Fund Management,delivers speech at Spring Membership meeting of the Institute of International Finance Friday in Beijing, China, June 12.

By MADLEN READ Exuberance over a strong 30-year bond auction extended into a second day Friday, pushing Treasury prices up and yields down.If the trend continues, it could mean relief for homeowners worried about the recent upturn in mortgage rates.

Goldman Sachs is set to make some money downtown. Its investment in the New York financial district after the 9/11 attacks may already be profitable even if the construction drags on.

European and U.S. stock markets fell Friday amid low trading volumes before the weekend as investors remained cautious about chasing a three-month rally much higher without further signals of economic recovery.

The Governor of the European Central Bank Jean Claude Trichet receives the Doctor Honoris Causa degree during an official ceremony at the University for National and World Economy in Sofia.

CAMDEN -- A Pittsgrove man pleaded guilty Friday in federal court to operating a $1.9 million investment fraud scheme through which he allegedly scammed more than a dozen people throughout South Jersey.

U.S. taxpayers have reaped a 7.4 percent return on the $45 billion used to rescue Citigroup Inc.

NEW YORK: Wall Street stocks closed mixed Friday in rudderless trade as a decline in oil prices weighed on heavyweight oil majors and investors shrugged off disappointing consumer sentiment data.