MARKET EYE-SGX Nifty gains; HDFC, NTPC earnings in focus
* Nifty futures on the Singapore Exchange rose 0.18 percent. The MSCI-Asia Pacific index, excluding Japan was up 0.05 percent. * Asian shares edged lower on Monday, taking a breather after hitting multi-month highs, while the yen touched a new low ahead of the outcome of the Bank of Japan policy meeting this week amid expectations for bold monetary easing measures. * Foreign investors bought 11.65 billion rupees of stocks, while domestic institutions sold 9.67 billion rupees of stocks on Friday, when India's BSE index rose 0.38 percent. * Traders expect more talk of fiscal consolidation in the coming days, even as December quarter earnings reports pick up pace, ahead of RBI's policy review meeting on Jan. 29. * Earnings: NTPC Ltd, Asian Paints Ltd, Cairn India Ltd, Housing Development Finance Corporation Ltd (firstname.lastname@example.org /; email@example.com)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies. Full Article | Slideshow