S&amp;P upgrades India currency rating outlook
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INTERNATIONAL rating agency, Standard and Poor&#39;s (S&amp;P) has upgraded India&#39;s `BB&#39; long-term foreign currency rating outlook to &quot;positive&quot; from stable.
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BusinessWeek Online - Though the major indexes remain choppy, a recent note from Standard &amp; Poor's suggests that sentiment has improved in Europe and a silver lining could be not too far ahead in the future.
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Moody&#39;s Investors Service upgraded the debt ratings for Lucent Technologies on Friday, citing the company&#39;s adequate funds, stabilizing revenue and progress in improving profitability and cash flow.
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Standard &amp; Poor&#39;s on Friday raised Brazil&#39;s much awaited sovereign credit rating to &quot;BB-minus&quot; from &quot;B-plus&quot; due to improved fiscal policies.
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The Australian state of Tasmania&#39;s long- term local and foreign currency credit ratings have been raised one level to AA+ because the state government is reducing debt, Standard &amp; Poor&#39;s Corp.
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-- MUMBAI, India _ U.S. Treasury Secretary Henry Paulson praised India on Monday for allowing market forces to dictate the rupee's value and said the currency's rise has not dented the country's growth.
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Australia&#39;s S&amp;P/ASX 200 Index was little changed. News Corp. advanced as investors who track the Standard &amp; Poor&#39;s 500 Index bought shares ahead of the stock&#39;s addition to the US benchmark next month.
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Dow Jones futures rose 37 points recently, while Nasdaq futures climbed 6 points and Standard &amp; Poor&#39;s futures edged up 3.60 points.
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Most major Asian share markets rose on Thursday, after the U.S. government outlined a plan to rescue battered bond insurers and stave off a fresh round of writedowns.
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India's central bank raised two short-term interest rates Tuesday by a quarter percentage point each, but left a key rate unchanged in a bid sustain the growing economy's momentum.
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Standard & Poor's Ratings Services on Tuesday raised its general obligation bond rating on California to 'A' from 'BBB,' citing an easing of the Golden State's cash crunch.
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Mumbai, Dec 15 (UNI) Government bond prices recovered part of intra day losses and ended marginally down by 20-40 paise today on bargain buying at lower level as the sentiment remained cautious amid fears of an interest rate hike after the US Fed rose
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Business & money: City expectations of a fresh rise in interest rates this week push sterling close to highest level against US currency in more than a quarter of a century.
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The dollar strengthened against the pound Monday after a senior Fed official raised the prospect of another cut in interest rate by indicating that last week&#39;s 0.5 percent lowering prevented the US economy sliding into recession.
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The dollar strengthened across the  board on Wednesday, although analysts said the move was only a  corrective rebound and does not mark any shift in fundamentals,  which still point toward continued dollar weakness.
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The dollar headed for its first weekly gain in eight against the euro in Asia on expectations a report today will show US employers added enough workers to fuel consumer spending and the economy.
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NEW YORK - Stocks are seen heading higher at the open Tuesday as investors remain relatively upbeat ahead of the latest Federal Open Market Committee meeting.    Dow Jones futures rose 28 points recently, while Nasdaq futures were up 7 points and S&P futures climbed 3.90 points...