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Europe
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Asia at 9 30 AM
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Commodities
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News Today
* US Congress is set to send a $789 billion economic stimulus package to President Obama's desk by Monday
* IMF is asking rich member nations such as Japan to make bridge loans and is considering issuing its own bonds, also plans to infuse upto $600 billion into global economy with its increased budget.
* Toyota World's largest automaker, facing first operating loss since World War II, imposes deep production, cost cuts in operations in U.S.-Canada, its largest market.
* US Retail sales unexpectedly jump 1% for first rise since June.
* Finance experts say some of the biggest US banks are at the edge of insolvency.
* Foreign investors have reduced their holdings in Indian cos drastically in the last four quarters, its down to 2003 levels.
* In Kolkata trade, gold hit its all-time high of Rs 15,090 per 10 gm.