Global Markets News

Dollar's rally bad news for oil, multinationals


NEW YORK - The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies.

Global shares end flat, closing out strong week

NEW YORK - Stock markets around the world closed flat on Friday as early gains failed to hold through the session, though the upward trend in equities continued and Alibaba soared in its historic U.S. trading debut.

3:44am IST

Wall St. flat as Oracle takes air out of Alibaba debut

NEW YORK - U.S. stocks closed little changed on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled, but the Dow managed to edge higher to set a record for a second straight session.

2:10am IST

Dollar posts tenth straight week of gains on U.S. rate outlook

NEW YORK - The dollar gained against a basket of major currencies on Friday, posting its 10th consecutive week of gains, as investors bet U.S. interest rates would rise more quickly than had been expected.

1:05am IST

Wall Street regulator unveils proposals for dark pools, bond markets

WASHINGTON - Wall Street's self-funded regulator unveiled a list of proposals on Friday to bolster rules governing alternative trading platforms like "dark pools," computerized high-speed trading, and price transparency in the corporate bond market.

12:51am IST

Brazil stocks, currency fall on electoral poll

RIO DE JANEIRO - Brazilian equity markets retreated while the currency weakened on Friday after an electoral poll showed President Dilma Rousseff gaining on challenger Marina Silva ahead of next month's presidential election.

12:50am IST
World Markets

US STOCKS-Dow, S&P 500 at records as Fed-driven rally continues

* Indexes up: Dow 0.64 pct; S&P 0.49 pct; Nasdaq 0.68 pct

RPT-UPDATE 5-Relief, not euphoria, for UK markets as Scots vote to stay

LONDON, Sept 19 - British financial markets rose and a collective sigh of relief echoed across the investment and business community on Friday after a Scottish vote against independence averted the deep uncertainty a United Kingdom break-up would have unleashed.

19 Sep 2014

Hong Kong shares rise on Alibaba and HSBC gains post-Scotland vote

HONG KONG, Sept 19 - Hong Kong shares had solid rises on Friday, after Alibaba Group's red-hot initial public offering underpinned U.S. bourses, but they were still down for for the week.

19 Sep 2014
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