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Fed began weighing options for rate rise: Minutes

The Federal Reserve has begun to discuss the tools it could use to finally pull back the extraordinary stimulus it's provided the US economy since 2008. But Fed officials plan further discussions and have set no timetable for any increase in interest rates.

FinMin allays fears of US stimulus withdrawal impact on FDI

"All these are reasons enough to allay fears that the FDI inflow would be reversed with the lifting of the Quantitative Easing (QE) measures in the USA," the report said.

Federal Reserve cuts stimulus by another $10 billion

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.

Fed officials see more QE cuts, changes to low-rate vow

Three Federal Reserve officials on Wednesday said they believe the U.S. economy is gaining traction despite a recent slowdown from severe weather, allowing the central bank to stick to its plan to wind down its massive bond-buying stimulus this year.

Janet Yellen set for baptism of fire at year's first G20

The G20 holds its first meeting of the year this weekend with new Fed chief Janet Yellen in the hot seat as emerging economies suffer the side-effects of the US central bank`s exit from a mammoth stimulus spree.

Gold price hits 3-month high, global shares up ahead of Yellen

Gold hit a three-month high and global shares edged higher on Tuesday as investors bet that the new head of the U.S. Federal Reserve would navigate through her first testimony to Congress without rocking the markets boat.

Emerging market currencies buckle after Fed cuts stimulus

Emerging markets faced intense pressure on Thursday after the US Federal Reserve cut its stimulus further, with currencies in India, South Africa and Turkey failing to rally despite interest rate rises.

Fed's stimulus cut hits world stocks; gold, bonds rise

Gold and U.S. Treasuries prices rose as investors sought safety while stocks fell on renewed selling that began last week as investors came to grips with a revamped investment landscape sparked by the scaling back of the Fed`s quantitative easing.

US stocks tank as Fed trims stimulus again

At the closing bell, the Dow Jones Industrial Average slumped 183.03 points (1.15 percent) to 15,745.53.

Fed cuts stimulus as expected; Bernanke prepares to depart

Starting in February, the Fed will buy $65 billion in bonds per month, down from $75 billion now. It shaved its purchases of US Treasuries and mortgage bonds equally.

Oil prices mixed in Asian trade

Oil prices were mixed in Asian trading hours on Thursday but analysts said sentiment will continue to be boosted by expectations of higher world economic growth.

Nikkei holds near six-year high as US data bolsters optimism

The Nikkei was up 0.2 percent at 15,922.33 in morning trade, near the six-year intraday high of 16,029.65 hit on Tuesday, after stronger-than-expected U.S. manufacturing data helped Wall Street shares finish at record highs.

Oil prices gain on US economic optimism after Fed move

Oil prices rose Thursday as investors concluded that the Federal Reserve`s move to trim stimulus was a sign of the improving US economy.

US taper not to hit Indian economy; CAD stable: Industry

The US Federal Reserve last night announced that it would reduce the monthly bond purchases to USD 75 billion from the existing level of USD 85 billion from January.

Nikkei hits highest closing level in six years on Fed tapering

Japan's Nikkei share average rose to its highest close in six years on Thursday on the back of a big drop in the yen after the U.S. Federal Reserve announced it would start unwinding its historic stimulus.

Nikkei rises 1.5% as Fed's taper signals confidence in US economy

Japan's Nikkei share average jumped 1.5 percent on Thursday morning to within striking distance of its year high, as global equity markets took the glass half-full view after the U.S. Federal Reserve announced it would start to unwind its historic stimulus.

Dow, S&P end at record highs after Federal’s stimulus cut

The Dow and the S&P 500 closed at all-time highs on Wednesday after the Federal Reserve announced a small reduction in its stimulus program, confirming that the US economy was on firm footing.

US Federal Reserve tapers by $10 bn but stresses easy policy

The US Federal Reserve announced plans to trim its aggressive bond-buying program on Wednesday but sought to temper the long-awaited move by suggesting its key interest rate would stay lower for even longer than previously promised.

US Federal Reserve tapers by $10 billion, stocks bounce

The Federal Reserve started its long-awaited reduction in stimulus, cutting its monthly purchases to USD 75 billion a month, saying it expects to keep reducing asset buys in "measured steps" if economic figures continue to improve.

Federal Reserve to taper US stimulus by $10 billion from January

The Fed will spend USD 75 billion on bonds a month starting in January, down from the USD 85 billion a month it has spent for a year in an effort to tamp down long-term interest rates to stimulate growth and jobs.