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China shares lead Asia higher, dollar buoyed

China shares lead Asia higher, dollar buoyed

Last Updated: Monday, July 28, 2014, 08:37

Upcoming US indicators include the Case-Shiller price index on Tuesday, second-quarter GDP due on Wednesday and non-farm payrolls on Friday. Factory activity surveys for major Asian economies will also be released on Friday. 

'India still faces risk on growth, external front'

Last Updated: Friday, July 25, 2014, 00:07

Stating that even though the formation of a stable government at the Centre has mitigated political risk, a top Reserve Bank official on Thursday said India continues to face threats on the growth and external sector fronts.

Rupee down 15 paise at 60.27 against US dollar

Last Updated: Wednesday, July 16, 2014, 09:42

The rupee had lost five paise to close at 60.12 against the dollar on Tuesday following sustained demand from importers.

Central banks ending era of clear promises, return to ''artful'' policy

Last Updated: Monday, July 07, 2014, 15:07

The world`s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.

Gold drops, still set for biggest weekly rise in four months

Last Updated: Friday, June 20, 2014, 20:44

A weaker US currency makes dollar-denominated assets like gold cheaper for foreign investors.

Rupee rises to 60 vs US dollar on dovish Fed comments

Last Updated: Thursday, June 19, 2014, 09:34

The rupee strengthened to 60 per dollar on Thursday, its highest in almost a week.

US Federal Reserve to meet with eyes on policy forecasts

Last Updated: Tuesday, June 17, 2014, 20:54

The FOMC has consistently pointed to the middle of 2015 at the earliest for beginning to raise the fed funds rate. 

European stocks inch higher

Last Updated: Tuesday, June 17, 2014, 20:41

European markets staged a mild rebound following recent weakness on the back of the Iraq conflict.

US stocks lower on mixed merger news

Last Updated: Monday, May 19, 2014, 19:25

US stocks on Monday opened slightly lower as a major telecommunications merger moved forward while a big pharmaceutical deal appeared to fizzle for good.

'Gold price likely to reach four-year low in 2014'

Last Updated: Wednesday, May 07, 2014, 20:05

Gold prices have probably peaked this year and could sink to their lowest since 2010 at USD 1,100 an ounce as the U.S. economic recovery gathers pace, consultancy Metals Focus said on Wednesday.

Fed shows faith in US economy with bond-buying reduction

Last Updated: Thursday, May 01, 2014, 12:09

The Fed said it would reduce its monthly bond purchases to USD 45 billion from USD 55 billion.

Rate cuts unlikely before March next: Bofa-ML

Last Updated: Tuesday, April 15, 2014, 15:14

US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.