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US stocks end higher after wild swings

Last Updated: Wednesday, April 16, 2014, 05:03

US stocks finished higher Tuesday after a wild swing lower led by tech stocks that saw the Nasdaq Composite index down nearly two percent at one point.

SBI mops up record $1.25 bn in overseas bond sale

Last Updated: Friday, April 11, 2014, 16:05

SBI has broken the record set by Oil India earlier this week by raising 25 percent more than the oil explorer.

SBI hits global debt markets, to raise up to $1 billion

Last Updated: Thursday, April 10, 2014, 15:46

The nation's largest lender State Bank of India has hit the overseas bond market with a dual tranche benchmark issue of 5-year and 10-year maturity to raise up to USD 1-billion.

US allows Boeing to sell plane parts to Iran

Last Updated: Saturday, April 05, 2014, 06:51

The United States has issued a license allowing Boeing to do business with Iran for the first time since the US embargo of 1979, a company spokesman said Friday.

US warns banks to watch for ousted Ukraine leader moving looted funds

Last Updated: Wednesday, February 26, 2014, 13:04

The US Treasury warned banks on Tuesday to be on the look-out for potentially suspicious transfers of financial assets by Ukraine`s fugitive President Viktor Yanukovich or members of his inner circle.

US calls for ambitious G20 growth push

Last Updated: Wednesday, February 19, 2014, 09:05

The United States called Tuesday on colleagues in the Group of 20 leading powers to boost growth to fight off short term economic risks, boost demand and generate jobs.

U.S. to let banks do business with licensed pot shops

Last Updated: Saturday, February 15, 2014, 04:33

The Obama administration on Friday sought to lessen the fear of prosecution for banks doing business with licensed marijuana companies, further encouraging US states such as Colorado and Washington that are experimenting with legalizing the drug.

WEF 2014: Job creation our top priority, says US

Last Updated: Thursday, January 23, 2014, 23:53

Terming creation of jobs as one of the top priorities for the US, its Treasury Secretary Jacob Lew on Thursday said the government would not be satisfied until it provides jobs for everyone who is seeking employment.

Congress need to raise debt limit by late February: Lew

Last Updated: Thursday, January 23, 2014, 16:00

Treasury Secretary Jacob Lew has warned that the US could be on path of default if the Congress did not increase the nation's borrowing limit by late February.

'Angry Geithner once warned S&P about US downgrade'

Last Updated: Wednesday, January 22, 2014, 09:58

Former US Treasury Secretary Timothy Geithner angrily warned the chairman of Standard & Poor`s parent that the rating agency would be held accountable for its 2011 decision to strip the United States of its coveted "triple-A" rating, a new court filing shows.

India hikes US govt securities holdings to $63.9 bn

Last Updated: Sunday, January 19, 2014, 17:01

India increased its holding of American government securities to USD 63.9 billion for the second straight month in November last year.

US treasury secretary to visit Europe next week

Last Updated: Tuesday, December 31, 2013, 05:32

US Treasury Secretary Jacob Lew is scheduled to travel to Europe next week for economic talks with top European officials, the Treasury Department announced Monday.