Global Markets News

Stocks, dollar ease ahead of slew of central bank speeches


LONDON Commodity-related shares rebounded on the back of firmer oil and metals prices, helping to limit losses in other sectors, while the dollar eased in anticipation of a possible hint from the Federal Reserve on the timing of an expected rate hike.

Fed's Williams sees advanced economies stuck in low growth mode

SYDNEY Central banks in the United States and other advanced economies will find themselves stuck with slow growth over the longterm unless fiscal authorities do something decisive to turn things around, a U.S. central banker warned Tuesday.

1:37pm IST

U.S. slaps dumping duties on Canadian wood, Ottawa vows to fight

WASHINGTON Escalating a trade dispute with Canada in the run-up to talks on renegotiating NAFTA, the U.S. Commerce Department on Monday imposed preliminary anti-dumping duties on Canadian softwood lumber of up to 7.72 percent.

6:53am IST

U.S. apartment vacancy rate edges up in second quarter: Reis

The U.S. apartment vacancy rate increased in the second quarter and rents were higher, according to a report from Reis Inc .

9:05am IST

U.S. Commerce Secretary cancels Germany trip

BERLIN U.S. Commerce Secretary Wilbur Ross has at the last minute pulled out of a trip to Germany on Tuesday, the German economy ministry said, not giving a reason for the cancellation which comes at a time of friction with Washington over trade policy.

3:00pm IST

G20 watchdog says fintech doesn't pose threat to financial stability

LONDON The rise of fintech does not pose any compelling risks to financial stability, according to a review by global regulators, but this may change as the sector grows.

3:43pm IST
World Markets

India's NSE index ends at one-month low; banks weigh

June 27 India's NSE index fell for a fifth straight session and ended at its lowest in a month, as lenders retreated on a media report the country's central bank was demanding higher provisioning for loans submitted under the insolvency process.

3:53pm IST

European shares hit reverse as Schaeffler slump drags down autos

* Bankia to buy BMN, shares top gainers (Adds quotes and detail, updates prices)

European shares hit reverse as Schaeffler slump drags down autos

* Bankia to buy BMN, shares top gainers (Adds quotes and detail, updates prices)

Hong Kong stocks slip, as start-up board tumbles most in nearly 2 years

June 27 Hong Kong stocks dipped on Tuesday, as any optimism from solid China industrial profit data was offset by the sour mood from a tumble in the growth enterprise market (GEM) for start-ups due to worries over potential policy changes.

1:57pm IST
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