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Asian stocks rise on back of Wall Street; gold slips

HONG KONG Asian stocks opened higher on the back of a strong Wall Street with markets discounting the potential impact of Italy's referendum vote, while U.S. Treasury yields firmed as robust economic data pointed to an interest rate hike next week.

Recent Business News

China November data to show steady growth, but yuan, capital controls a worry

BEIJING A flood of data from China in coming weeks is expected to show the economy continued to grow at a steady pace in November, with inflation quickening and credit expanding at a faster pace despite concerns about rising debt, a Reuters poll showed.

Economy 5:44am IST

Fed's Evans sees period of rising U.S. interest rates ahead

CHICAGO Citing rising 10-year U.S. Treasury yields and his forecast for about 2.25 percent economic growth next year, Chicago Federal Reserve President Charles Evans said on Monday he expects interest rate hikes to continue to rise as the economy improves.

Top News 05 Dec 2016

Oil retreats on doubts OPEC cuts can ease glut

NEW YORK U.S. crude futures strengthened Monday before retreating in post-settlement trade as the market lost confidence OPEC cuts would be sufficient to reduce oversupply given increased U.S. drilling.

2:42am IST

Ex-Expedia IT employee pleads guilty to insider trading

A former Expedia Inc computer support technician pleaded guilty on Monday to having secretly accessed senior executives' emails in order to engage in insider trading based on confidential information he stole.

5:47am IST

Gold at 10-month low on higher shares, U.S. Treasury yields

NEW YORK/LONDON Gold fell to its lowest price in 10 months on Monday as global equities strengthened and investors shrugged off worries of political instability in Italy, while U.S. Treasury yields rose after U.S. economic data.

1:20am IST

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 26,349.10 + 118.44 +0.45%
Nikkei 18,444.56 + 169.57 +0.93%
Hang Seng 22,505.55 -- --%
EUR/INR 73.148 -0.08%
USD/INR 68.007 -0.01%
GBP/INR 86.518 -0.10%
Gold 1,169.70 -4.30 -0.37%
Oil 51.26 -0.53 -1.02%
Corn 348.25 +10.75 +3.19%

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