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Associated Press
New York , September 23, 2011
The Dow Jones industrial average lost 391 points and at one point was down more than 500, a return to the volatility that gripped the market.


BT Online Bureau
Bangkok , September 23, 2011
Fears that a global recession may already be under way pulled Asian stocks down. Hong Kong's Hang Seng index fell 2.3 per cent to 17,493.07. South Korea's Kospi plunged 4.8 per cent at 1,713.56. Australia's S&P ASX 200 fell 1.4 per cent to 3,909.5.


Associated Press
Singapore, September 22, 2011
Benchmark oil for November delivery was down $2.52 at $83.40 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.


Rajiv Bhuva
September 22, 2011
Given its biggest drop in the last 12 months, the 30-share index was in a free fall with none of the stocks advancing and some of them declining in the range of 6 to 9 per cent on an intra-day basis.


PTI
New Delhi, September 22, 2011
As the Oil Ministry readies to take action against Reliance Industries for the fall in output from the KG-D6 gas fields, the Mukesh Ambani-led firm has warned that any attempt to limit cost-recovery is illegal and will be challenged in court.


PTI
New York, September 22, 2011
Finance Minister Pranab Mukherjee expresses confidence that India will be able to achieve 8 per cent growth this year, even as he noted that the global economic environment remains an area of concern.


PTI
Mumbai, September 22, 2011
Sustained dollar demand from banks and importers in view of the strong dollar in overseas markets mainly affected the rupee value against the dollar.


BT Online Bureau
Mumbai, September 22, 2011
The 30-share BSE benchmark tanked 704 points or 4.13 per cent to 16,361.15 - biggest one day dip after July 6, 2009, as the US Federal Reserve hinted at a risk to the US economy in the coming months.


Associated Press
Bangkok, September 22, 2011
Shares in Asia tumbled earlier in the day. Japan's Nikkei 225 fell 2.1 per cent to close at 8,560.26. South Korea's Kospi slid 2.9 per cent to 1,800.55.


Associated Press
New York , September 22, 2011
The Dow Jones industrial average lost 283.82 points, or 2.5 per cent, and closed at 11,124.84. The Standard & Poor's 500 index fell 35.33, or 2.9 per cent, to 1,166.76 The Nasdaq composite fell 52.05, or 2 per cent, to 2,538.19.


Associated Press
Washington, September 21, 2011
The international lending organisation sharply downgrades its economic outlook for the United States and Europe through the end of next year and says global economy needs strong policies to improve the outlook.


Associated Press
Bangkok, September 20, 2011
Japan's Nikkei 225 index fell 1.6 per cent to close at 8,721.24 as export shares sagged amid a persistently strong yen that weighs on company profits.


BT Online Bureau
Mumbai, September 20, 2011
Top two heavyweights, Reliance Industries and Infosys, together having about 20 per cent weightage in the Sensex, contributed nearly 110 points to the index gain.


PTI
New Delhi, September 19, 2011
Reliance Industries has strongly defended its decision to impose a marketing margin over and above the government-approved sale price for KG-D6 gas, saying the levy was to cover for the risk and cost associated with marketing of gas.


PTI
Tokyo, September 16, 2011
A total of 341 firms with a combined 6,376 employees have gone under due to the effects of the March 11 natural disaster as of Sunday, its six-month anniversary.


Associated Press
Tokyo, September 16, 2011
A decision by European central banks to support the region's financial system helped calm Asian markets. Japan's Nikkei 225 index rose 1.7 per cent to 8,819.69 while South Korea's Kospi advanced 3.5 per cent to 1,835.31. Hong Kong's Hang Seng gained 2.1 per cent to 19,585.10.


PTI
New Delhi, September 15, 2011
State-owned oil companies hiked petrol prices by Rs 3.14 per litre as a fall in rupee increased the cost of importing the raw material.


PTI
New Delhi, September 15, 2011
State-owned oil firms may have to raise petrol prices by as much as Rs 3 per litre as the rupee touched two-year low against the US dollar, increasing the cost of importing crude oil.


Associated Press
Hong Kong, September 14, 2011
ADB said it is trimming its growth forecast slightly to 7.5 per cent for both this year and next for 45 developing or newly industrializing Asian countries, excluding Japan.


Associated Press
London, September 14, 2011
In Asia, Hong Kong's Hang Seng reversed early declines to eke out a 0.1 per cent gain to 19,045.44. Mainland China's Shanghai Composite Index also staged a comeback.


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