![]() Financial Daily from THE HINDU group of publications Monday, October 13, 2003 |
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COLUMNS OFFHAND Bellwether for 2004? GLOBAL FINANCE & OVERVIEW
After the battle in Iraq .... Is the war on Asian currencies right?Given the US focus on Asian currencies, if the yen strength persists, the risk of a currency war rises, with pressure on China to do something. The Bank of Japan would be forced into aggressive intervention. Central banks would race to destroy the va lue of their currency. When currencies plummet, interest rates soar. Economic growth and equity risks would rise as also of trade protectionism and isolationism, says V. Anantha Nageswaran. More WIDE CANVAS Getting back on the growth path What the developed world needs to do is to "coordinate" monetary policy, which will bring about stability in capital flows and an orderly realignment in exchange rates but only if it is "combined with coordinated fiscal expansion". More A RINGSIDE VIEW Despite FIIs being in overbought zone Market on a firm wicket The general opinion among the foreign players is that there are fortunes to be made in Indian market in the next few quarters provided the social and the political firmament is not clouded. More MUTUAL CONFIDENCE `Market timing' not favourable to Alliance? THERE is nothing so disastrous as the pursuit of a rational investment policy in an irrational world John Maynard Keynes Headlines seem to be a way of life with Alliance Capital. The fund is again in the news, which has now originated ... More GLOBAL MONITOR Gold to trade in $355-395 range ``In the short term prices will probably move lower resulting from the speculative overhang of long positions on Comex, weak current demand for price-sensitive fabrication and new surge in scrap supply.'' More ADR WATCH Infy whips up sentiment for tech counters THANKS to Deutsche Bank's report forecasting that Intel Corp profits would be better, the US stocks rose for the third week in four, pushing the Nasdaq Composite Index to a 19-month high. On wide optimism that quarterly earnings reports over the ... More ERRORS & OMISSIONS EXPECTED Dead slow: Work in progress ON the very first day of creation, God established light in the darkness. On day two, he separated the waters above from those below, creating heaven. On day three, he created dry land amidst the water and brought forth trees and vegetation. Day ... More MARK TO MARKET Why no future for interest rate futures Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Cola Controversy The Cable tangle Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma In Depth Swati CA In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Oct. 5-Oct. 11 Banks being nudged to rate credit risks Managing water |
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