Last Updated: Saturday, July 12, 2014, 12:01
U.S. Federal Reserve officials are cautiously nearing completion of a new plan for managing interest rates, concerned that some of the new tools they are likely to rely on could pose unintended risks in a crisis.
Last Updated: Thursday, July 10, 2014, 09:06
Asian stocks rose and the dollar dipped on Thursday after the Federal Reserve indicated it was in no rush to end quantitative easing and begin raising interest rates.
Last Updated: Thursday, July 10, 2014, 06:12
Asian equities rose and the dollar dipped on Thursday, after the Federal Reserve indicated that it was not in a rush to end quantitative easing and begin hiking rates.
Last Updated: Tuesday, July 01, 2014, 19:58
BNP Paribas has a presence in 75 countries, including in India, with more than 180,000 employees and its businesses include retail, corporate and investment banking.
Last Updated: Wednesday, June 25, 2014, 14:27
Federal Reserve Chair Janet Yellen wants to see U.S. wages climb at a much brisker clip to boost consumer spending and help workers recoup ground they lost in the last recession, but she`ll have to fend off policymakers who fear that could cause inflation to surge.
Last Updated: Wednesday, June 25, 2014, 08:46
Gold was little changed at USD 1,318.04 an ounce Wednesday after rising to USD 1,325.90 on Tuesday, its strongest since April 15.
Last Updated: Wednesday, June 25, 2014, 08:26
The dollar held steady Tuesday amid positive US economic data seen as not strong enough to push the Federal Reserve to advance the start of interest rate increases.
Last Updated: Saturday, June 21, 2014, 13:15
Extending their overnight gains, gold prices finally ended the week at Rs 27,668 per ten grams in futures trade Friday.
Last Updated: Saturday, June 21, 2014, 10:33
Gold dropped 0.4 percent to USD 1,314.45 an ounce Friday, after jumping 3.3 percent in the previous session. The metal was about 3 percent higher for the week.
Last Updated: Saturday, June 21, 2014, 10:01
The dollar edged higher against the euro after two days of losses in overall relatively steady foreign exchange markets Friday.
Last Updated: Friday, June 20, 2014, 15:25
Gold dropped 0.8 percent to USD 1,309.60 an ounce Friday, after jumping 3.3 percent in the previous session, when it hit mid-April highs of USD 1,321.70.
Last Updated: Friday, June 20, 2014, 13:22
Gold has gained about 3 percent for the week.
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