Global Markets News

Asia shares edge up, wary of China volatility


TOKYO - Asian shares inched higher on Friday but were on track for a weekly loss, while the dollar edged away from highs scaled after U.S. GDP data reinforced expectations that the Federal Reserve is on track to raise interest rates this year.

Fed's 'nearly balanced' language no bar to Sept rate rise

WASHINGTON - The U.S. Federal Reserve will not need to see balanced risks to the economy to proceed with an interest rate hike in September, according to former Fed officials and a review of central bank statements through recent turns in policy.

2:56am IST

Dollar holds upper hand as GDP bolsters rate hike case

TOKYO - The dollar held near one-week highs against a basket of major currencies on Friday as investors interpreted latest U.S. GDP readings as keeping the Federal Reserve on track for its first interest rate hike since 2006.

6:26am IST

Wall Street ends flat; Expedia flies after the bell

- Wall Street ended flat on Thursday as investors digested ho-hum corporate earnings and new data showed that the economy grew more quickly in the second quarter.

3:04am IST

Japan June inflation stalls as household spending falls

TOKYO - Japan's annual core consumer inflation stalled and household spending unexpectedly fell in June, underscoring the challenges the central bank faces in reflating the economy to meet its ambitious 2 percent price target.

6:26am IST

Oil dips as robust dollar offsets stock drawdown

NEW YORK - Crude futures settled down on Thursday, pressured by a rally in the dollar which countered bullish sentiment from a drawdown in U.S. stockpiles that was much steeper than expected.

12:42am IST
World Markets

Pininfarina says still hoping to agree sale to Mahindra

MILAN, July 30 - Troubled Italian car designer Pininfarina is still hoping to clinch a sale to Indian vehicle maker Mahindra and Mahindra but has begun drafting a stand-alone business plan as its financial position worsens.

1:20am IST

Upbeat earnings lift European shares

LONDON, July 30 - Europe's robust earnings season gave another lift to share prices on Thursday, with results from Siemens, Nokia and Deutsche Bank underpinning signs of a euro zone recovery.

European shares gain after upbeat earnings reports; China still a drag

LONDON, July 30 - European equities enjoyed their third straight day of gains on Thursday with results from Siemens, Nokia and Safran underpinning the signs of recovery.

Hong Kong stocks slide as China markets fall

HONG KONG, July 30 - Hong Kong shares fell on Thursday as fresh losses in mainland China markets outweighed the U.S. Federal Reserve's optimism that the world's largest economy was improving.

30 Jul 2015
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Sensex 27,705.35 + 141.92 +0.51%
Nikkei 20,508.73 -14.10 -0.07%
Hang Seng 24,497.98 -- --%
EUR/INR 70.217 +0.16%
USD/INR 64.172 +0.05%
GBP/INR 100.13 +0.10%
Gold 1,087.70 -0.70 -0.06%
Oil 48.44 -0.08 -0.16%
Corn 375.00 +1.75 +0.47%

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