Global Markets News

China makes big cut in bank reserve requirement to fight slowdown

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BEIJING - China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth.

Another crunch week in Greek bailout saga

LONDON - The threat posed by Greece beyond its borders may have diminished but efforts to agree an economic reform program to free up bailout funds and avert default will capture world attention this week.

19 Apr 2015

Investors look to earnings for market direction

NEW YORK - Investors attempting to determine whether U.S. equities will rebound from Friday's selloff or continue to sink will look to a deluge of earnings next week for a clearer picture of the economy.

18 Apr 2015

Japan, U.S. report progress on trade talks, though Tokyo stands tough on rice

TOKYO - Japan and the United States reported progress in top-level trade talks on Sunday that could pave the way for a broader trans-Pacific trade deal, although Tokyo cautioned that a bilateral accord was unlikely in time for a summit next week.

19 Apr 2015

U.S. consumer prices edge up, supporting Fed rate rise

WASHINGTON - U.S. consumer prices increased for a second straight month in March on rising gasoline and housing costs, a sign of an uptick in inflation that should keep the Federal Reserve on course to start raising interest rates this year.

17 Apr 2015

Greece wants EU/IMF deal but impasse could bring referendum: deputy PM

ATHENS - Greece aims for a deal with its creditors over a reforms package but will not retreat from its red lines, the country's deputy prime minister told the Sunday newspaper To Vima, not ruling out a referendum or early polls if talks reach an impasse.

19 Apr 2015
World Markets

India's Reliance to restart all fuel pump outlets by March 2016

MUMBAI, April 18 - Indian conglomerate Reliance Industries Ltd plans to restart its entire 1,400 retail fuel pump outlets in fiscal year ending March 2016, a report on the company website shows.

18 Apr 2015

European shares drop sharply; traders cite China regulation concerns

* SKF slumps after it forecasts flat demand (Updates with closing prices, quote)

European shares drop sharply; traders cite China regulation concerns

* SKF slumps after it forecasts flat demand (Updates with closing prices, quote)

Hong Kong shares post 5th weekly gain, but lose some steam

April 17 - Hong Kong stocks fall on Friday but had a fifth straight weekly gain, thanks to hopes of further money inflows.

17 Apr 2015
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Markets

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Nikkei 19,652.88 -232.89 -1.17%
Hang Seng 27,653.12 -86.59 -0.31%
Sensex 28,442.10 -223.94 -0.78%
EUR/INR 67.575 +0.79%
USD/INR 62.540 --
GBP/INR 93.554 --
Gold 1,204.10 +4.90 +0.41%
Oil 56.14 -0.97 -1.71%
Corn 379.50 +3.25 +0.86%

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