Global Markets News

Stocks firm, dollar rises against yen as markets await Fed

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NEW YORK - U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement.

Dollar gains on yen ahead of Fed; euro gains on data

NEW YORK - The U.S. dollar rose on Tuesday against the yen for a second straight session as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program aimed at propping up the economy.

2:25am IST

Wall St. extends rise, investors see no change in Fed policy

NEW YORK - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. | Video

2:06am IST

Mini flash crashes caused by sloppiness, not a broken market: SEC

NEW YORK - Unexplained rapid price drops in single stocks have generally been triggered by human error, not nefarious trading activity or high-speed trading algorithms gone wild, an official at the U.S. Securities and Exchange Commission said on Tuesday.

1:42am IST

Asian stocks to lead the way to year's end, Fed seen pulling back: Reuters poll

LONDON - Asia will spearhead the rise in global stock markets from now until the end of the year, according to a worldwide Reuters poll that showed only modest gains ahead for North American and European shares.

18 Jun 2013

PM Abe says G8 welcomed Japan's economic policies

BELFAST - Japanese Prime Minister Shinzo Abe said on Tuesday G8 leaders expressed strong support for his "Abenomics" economic policies and he has heard no concerns about Japan's radical monetary easing.

3:52am IST
World Markets

Niko says proved reserves rise 160 percent

June 13 - Canadian oil and natural gas producer Niko Resources Ltd said its proved reserves increased by 160 percent, and that a recent gas discovery in the D6 block off India's east coast could add significantly to future reserves.

13 Jun 2013

European shares pause, awaiting stimulus clues from Fed

* Reuters poll shows gains expected to resume by year-end

Nikkei set for test of 8-mth highs above 10,000

TOKYO, Dec 19 - Japan's Nikkei share average is set to test eight-month highs above 10,000 on Wednesday as investor appetite is boosted by signs of progress in the U.S. fiscal talks and expectations of aggressive monetary easing under the new Japanese government. Market players said the Nikkei was likely to trade between 9,950 to 10,100 on Wednesday, after Nikkei futures in Chicago closed at 10,030, up 90 points from the close in Osaka of 9,940. If the Nikkei tops the 10,000

Hong Kong shares flat, cash shortage caps China gains

* 'Big Four' China banks lackluster despite higher state stakes

18 Jun 2013
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Nikkei 13,007.28 -25.84 -0.20%
Hang Seng 21,221.31 -4.59 -0.02%
Sensex 19,223.28 -102.59 -0.53%
EUR/INR 78.797 --
USD/INR 58.830 --
GBP/INR 92.004 --
Gold 1,367.10 -16.20 -1.17%
Oil 98.59 +0.15 +0.15%
Corn 673.00 +4.50 +0.67%