Asian stocks close mostly down on worries about China's monetary policy

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Source: Dukascopy Bank
Asian share markets mostly declined on Thursday as region's investors showed concerns Beijing may not loosen its policy towards housing market. Shanghai Composite index fell 0.7%, Australia's S&P/ASX lost 0.2% and South Korea's Kospi slipped 0.1%. Hang Seng index and Nikkei 225 index managed to close higher, adding 0.2% and 0.6% respectively. 
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Thu, 15 Mar 2012 17:46:56 GMT

FTSE 100 trades lower on Thursday

British FTSE 100 index traded lower on Thursday as banking and oil shares put negative pressure on investor sentiment. Moreover Fitch lowered UK outlook from stable to negative indicating a probability above 50% that Britain's AAA rating might be cut. Royal Bank of Scotland Group fell 2% and HSBC Holdings PLC slipped 0.4%. Essar Energy gave up 2.3% and  BP

Thu, 15 Mar 2012 16:22:45 GMT

Boeing rejected 500 million billion claim of Air India

Boeing has rejected the claim of India that the company has agreed to compensate aircraft delays for Air India. The Indian officials earlier reported that Boeing would pay 500 million US Dollars as compensation for three-year delay in delivery of planes. However, Boeing announced that it has not agreed to this deal.

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