TopNews

Deutsche Bank, the German banking player said on Tuesday to the media that it was not worried about the possible legal actions that it may face in the US.

The legal obstacles have come since the bank was found packaging and selling various products which forced it to be part of the financial crisis.

Talking to the media, Stefan Krause, Chief Financial Officer of Deutsche Bank has said that they have received the Wells Notice from the SEC. It talks about the kind of legal charges that have been imposed on it.

The World's largest computer services provider, International Business Machines Corp (IBM) has declared a dividend of 18 per cent for this year.

This is double the amount that it declared during last year. And that is some very good news for the investors.

And because of this, the quarterly payout for the company will rise by 10 cents to 65 cents per share. The company is also adding a repurchase plan of $8 billion. It makes the total corpus become $10 billion.

The Dollar-Yen continued to retreat from this week's top 94.34 back to 93.72, breaking the important resistance which was broken on Friday 93.62, and dropping to 92.80, that's 24 pips before our su

As expected, the scenario we slightly preferred is the one which happened, which we said yesterday that it includes the price to start drifting away from it, and break short term support 1.3337.

Bollywood singer Sunidhi Chauhan who is one of the new jury members on the Indian Idol 5, together with Anu Malik, wants the potential singers coming on the show to be able to use every character of their voices to be successful in the industry where there is strong competition.

Sunidhi wants to give the emphasis to only the voice feature of the contenders, in place of the 'complete package' that the previous seasons of the show have concentrated on.