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HDFC Bank Q1 net up 34%Tuesday, July 19, 2011 @ 4:41PMHDFC Bank earned a net profit of Rs 1,085 crore, an increase of 33.7%, over the corresponding quarter ended June 30 in line with market estimates.

European shares attempt rebound, euro ralliesTuesday, July 19, 2011 @ 6:00AMEuropean stock markets rose on Tuesday as investors snapped up bargain shares, but dealers remained on edge over the eurozone debt crisis which has pushed Italian and Spanish bond yields up to danger levels....

Nigeria: Expectations From President's Economic TeamMonday, July 18, 2011 @ 7:45AMAs President Goodluck Jonathan unveils his cabinet, all eyes are on his economic team which is expected not only to reinvigorate the economy but also to institute fiscal reform measures in the management of the country's resources, reports Festus Akanbi

U.S. stock futures lower as debt fears weigh; Dow sheds 0.7%Monday, July 18, 2011 @ 7:44AMForexpros – U.S. stock futures pointed to a broadly lower open on Monday, as a lack of progress over raising the U.S. debt ceiling and simmering concerns over the euro zone’s sovereign debt crisis weighed on market sentiment.

Nigeria: Fear of Forex Arbitrage Unsettles MarketMonday, July 18, 2011 @ 6:03AMFinancial experts have raised the alarm over the growing disparity between the official and parallel market rates, warning that unless the CBN is seeing the closing the gap between the rates, Nigeria would once again witness the era of foreign exchange arbitrage, better known as round tripping in the domestic economy.