Thursday, April 23, 2009

Markets continue to play fiddle

Take a look at Bloomberg`s headlines at 10.32 AM IST even as the Indian stock markets were rising in early trade :-

•Bank of America`s Lewis May Face SEC Review of Merrill Disclosure to Cuomo

•Treasury Prepares Chrysler Bankruptcy as General Motors Nears Deadline Too

•Asian Stocks Fluctuate Amid Earnings Concerns; KDDI Declines, Mizuho Gains

•Banks May Struggle to Raise Money After Stress Tests as Bad Assets Triple

•China Adds 454 Tons of Gold to Reserves, Xinhua Reports; Price Advances

•Pound Weakens Versus Dollar, Yen on Report U.K. Debt Rating May Be at Risk

•`Dutch Disease` Hinders Malaysia`s Economic Growth, Morgan Stanley Says

•Thai Prime Minister Abhisit Lifts State of Emergency Imposed After Riots

•Sri Lankan Fighting Escalates as UN Makes `Urgent` Plea for Civilian Aid