European banks fell over 6% following reports that banks such as HSBC and Standard Chartered were among those moving large sums of allegedly illicit funds over the past two decadesThe pan-European STOXX 600 was down 2.9%, a fall not matched since the beginning of June
2 min read21 Sep 2020European countries including Denmark, Greece and Spain have introduced new restrictions on activitiesBanking shares slid after a media report on how several global banks moved large sums of allegedly illicit funds over nearly two decades
2 min read21 Sep 2020The pan-European STOXX 600 index was down 0.1% by 0708 GMT with Germany's DAX down 0.2%The STOXX 600 is down about 3% so far this month, on course for its first monthly decline this year
1 min read22 May 2019Global stocks hit record highs on Tuesday with investors' relief at Emmanuel Macron's victory in the first round of the French election supported by speculation about US tax reform
3 min read25 Apr 2017The pan-European STOXX 600 and the FTSEurofirst 300 indexes both fell by 0.6 to 0.7%, while the euro zone's blue-chip Euro STOXX index was flat
1 min read27 Jun 2016The Nifty rises 0.26% to 7,210.75, while the Sensex gains 0.25% to close at 23,709.15
1 min read26 Feb 2016Markets were subdued, with a number of major bourses closed entirely, while several other markets were set to close early for the Christmas holiday
2 min read24 Dec 2015Amazon plunged 12% after the online retailer posted a Q2 loss of $126 million; Visa Inc. declined 3.4%
5 min read25 Jul 2014Asian markets were mixed while the safe-haven yen edged up Friday following a sell-off on Wall Street
2 min read11 Jul 2014Three straight days of record closing highs for the S&P 500, Dow and MSCI's all-country world index tamped down investor enthusiasm
2 min read8 Jul 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared