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China says there will be no major short-term stimulus

Last Updated: Thursday, April 10, 2014, 11:15

Chinese Premier Li Keqiang ruled out major stimulus to fight short-term dips in growth in the world`s second-biggest economy, dashing investor hopes that the government would aggressively combat a slowdown in activity.

BOJ stands pat, keeps upbeat view despite Japan slowdown

Last Updated: Tuesday, April 08, 2014, 17:00

Some BOJ-watchers, however, detected a note of caution in the bank`s assessment.

Growing service sector won't avert China slowdown

Last Updated: Thursday, April 03, 2014, 13:56

A robust services sector will not stop China`s economy from slowing into the middle of the year, analysts said after modest government stimulus was seen as a signal authorities want to steady growth to keep their reform drive on track.

Gold price up for 2nd day on short-covering ahead of US jobs data

Last Updated: Thursday, April 03, 2014, 10:17

Gold rose 0.1 percent to USD 1,290.91 an ounce Thursday, after gaining 0.8 percent on Wednesday, the metal`s biggest one-day jump in nearly three weeks.

Gold price languishes at 7-week low as fund outflows resume

Last Updated: Tuesday, April 01, 2014, 10:58

Gold hit a fresh seven-week low on Tuesday, after posting its first monthly drop of the year.

Asian stocks edge up on hopes of China stimulus

Last Updated: Monday, March 31, 2014, 11:49

Asian stocks edged higher in a cautious start to the week on Monday, with investors holding out hope that China would take steps to stimulate its economy.

Nikkei hits 2-1/2-week high on China hopes, soft yen spurs exporters

Last Updated: Monday, March 31, 2014, 08:36

The benchmark Nikkei advanced to 14,839.54 at the opening, its highest level since March 13, and was last traded at 14,808.35, 0.8 percent higher on the day.

Euro soft as yields fall, China stimulus talk aids stocks

Last Updated: Friday, March 28, 2014, 08:53

The euro was wallowing near three-week lows in Asia on Friday as speculation intensified that the European Central Bank might ease policy further, while similar hopes of stimulus in China gave a fillip to Asian shares.

Asia shares hit two-week highs on upbeat US data, China stimulus hopes

Last Updated: Wednesday, March 26, 2014, 10:41

MSCI`s broadest index of Asia-Pacific shares outside Japan rose 0.8 percent to its highest level since March 11 while Japan`s Nikkei ticked up 0.1 percent.

Gold price off one-month low, but US rate hike fears cap gains

Last Updated: Tuesday, March 25, 2014, 11:17

Gold price added USD 4.43 to USD 1,313.55 an ounce, off Monday`s trough of USD 1,307.54, its weakest since February 20.

Gold hits 3-week low on Fed, firm US dollar

Last Updated: Thursday, March 20, 2014, 09:59

Cash gold hit a low of USD 1,325.34 an ounce, the weakest since February 28, and stood at USD 1,328.84 by 0012 GMT, down USD 2.00.

Federal Reserve cuts stimulus by another $10 billion

Last Updated: Thursday, March 20, 2014, 08:37

The Federal Reserve cut back its stimulus program by another $10 billion Wednesday despite the recent US economic slowdown, which it blamed "in part" on severe winter weather.