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Recent hurricanes take toll on quarterly earnings

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SAN FRANCISCO After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits.

U.S. tax plan hopes lift stocks, dollar strengthens

NEW YORK World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

6:57am IST

U.S. fiscal year deficit widens to $666 billion

WASHINGTON The U.S. budget deficit widened to $666 billion for the fiscal year 2017 as record spending more than offset record receipts, the Treasury Department said on Friday.

20 Oct 2017

Trump considers Fed's Powell, economist Taylor to lead central bank

WASHINGTON President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor for the central bank's top two jobs, in an apparent bid to reassure markets and appease conservatives hungry for change.

6:25am IST

Fed's Yellen defends past policies as Trump mulls top Fed pick

WASHINGTON Federal Reserve Chair Janet Yellen said on Friday that asset purchases and other unconventional policy tools must remain part of the Fed's arsenal as long as the economy remains stuck in a low interest-rate economy.

6:54am IST

Stock market's future in Trump's hands as Federal Reserve chair pick looms

NEW YORK Investors awaiting the nomination of the next Federal Reserve chair are hoping whoever is nominated pursues the same monetary policy that has supported rising stock prices for the past nine years.

1:26am IST
World Markets

UPDATE 2-European shares fall on Catalonia standoff, disappointing Q3 earnings

* Publicis, Unilever, Kion Q3 disappoint (Updates prices at close, adds detail and quote)

19 Oct 2017

UPDATE 2-Ericsson, Volvo lead European stocks in earnings driven session

* U.S. tax reform progress lifts banks, risky sectors (Adds closing prices)

UPDATE 2-Ericsson, Volvo lead European stocks in earnings driven session

* U.S. tax reform progress lifts banks, risky sectors (Adds closing prices)

Hong Kong shares rebound as China 'Minsky moment' fears recede

Oct 20 Hong Kong shares rebounded sharply on Friday, as investors scrambled for bargains among stocks bruised from the previous session's sell-off, which was triggered by the Chinese central bank chief's reference to a "Minsky moment".

20 Oct 2017
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Sensex 32,389.96 -194.39 -0.60%
Nikkei 21,457.64 + 9.12 +0.04%
Hang Seng 28,487.24 + 328.15 +1.17%
EUR/INR 76.625 -0.02%
USD/INR 65.030 +0.00%
GBP/INR 85.762 +0.01%
Gold 1,277.80 -9.10 -0.71%
Oil 52.07 +0.56 +1.09%
Corn 344.25 -4.75 -1.36%

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