More sharia hedge funds are likely to be launched, specialising in healthcare, telecoms and technology stocks, a U.S. financial firm said, as the industry debates how far Islam sanctions such investments.
German salt and potash miner K+S predicted 2010 operating earnings would rebound from a massive slump last year, helped by its new U.S. unit Morton Salt and by reviving demand for fertilisers.
Bloomberg Posted: Thursday, Mar 11, 2010 at 2300 hrs IST Updated: Thursday, Mar 11, 2010 at 0252 hrs IST : China's exports rose more than forecast in February and property prices jumped the most in almost two years, adding pressure on policy makers to pare stimulus measures adopted during the global recession.
Inflation has raised its ugly head in February, as the nation's statistics bureau reported Thursday that the consumer price index rose 2.7 percent in the month, the highest in more than 16 months.
A Des Moines Democrat challenging Gov. Chet Culver in a primary says rural Iowans will overlook the fact that he didn't know the prices of corn and beans when asked in Carroll because his tax plans will benefit farmers.
China's exports saw fast growth in February, showing rising demand as economies emerge from the global crisis, but experts said it is still early to tell if the upswing will be sustained.
Developing nations storm Forbes rich list as America Movil's Carlos Slim beats Microsoft's Bill Gates to top spot The old order is under threat at the world's billionaires club.
Kolkata, March 10 : Hundreds of Bharatiya Janata Party activists Wednesday staged road blockades across West Bengal protesting the rising prices of essential commodities and proposed reservation for Muslims in the state.