Global Markets News

Asia shares retreat from nearly two-year peak, dollar firms


TOKYO Asian shares turned lower on Thursday after touching near two-year highs, while the dollar benefited from waning expectations that the European Central Bank was poised to end its easy policy.

Clouds over Trump tax plan may curb appetite for U.S. stocks

NEW YORK Wall Street has tempered its expectations for sweeping U.S. tax cuts in the wake of President Donald Trump's stinging healthcare defeat, a move that could push investors to embrace cheaper global stocks after the heady U.S. rally of recent months.

2:14am IST

Trump to unveil $1 trillion infrastructure plan in 2017: official

WASHINGTON U.S. Transportation Secretary Elaine Chao said the Trump administration would unveil a $1 trillion infrastructure plan later this year, but she did not offer details of funding for projects.

3:51am IST

First German inflation data presses euro lower

LONDON A swing in sentiment against the euro dominated major currency markets for a second day on Thursday, weak initial readings of German regional inflation prodding the single currency back to nine-day lows against the dollar.

1:39pm IST

Oil steady on Libya disruptions, bloated U.S. stockpiles

LONDON Oil prices steadied on Thursday after two days of increases as bloated U.S. inventories limited the impact of supply disruptions in Libya and lower supply from other OPEC exporters.

2:07pm IST

Corporate America’s top shareholder referee gets tougher on activists

NEW YORK Institutional Shareholder Services Inc, the world's top proxy advisory firm, is making activist investors work harder than ever to earn its backing in corporate control battles in a shift being led by the new man in charge of its recommendations.

10:38am IST
World Markets

BRIEF-Vedanta Ltd approves interim dividend of 17.70 rupees per share

* Says approved second interim dividend of INR 17.70 per equity share Source text: http://bit.ly/2nlgDqs Further company coverage:

11:51am IST

European shares muted as investors mull Brexit, oil provides support

* H&M drops after results (Recasts, adds quote and details, updates prices)

European shares muted as investors mull Brexit, oil provides support

* H&M drops after results (Recasts, adds quote and details, updates prices)

Hong Kong shares fall, weighed by financials, Tencent

SHANGHAI, March 30 Hong Kong stocks fell on Thursday, weighed by financials and index heavyweight Tencent, with weakness in mainland stocks also hurting sentiment.

1:49pm IST
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Nikkei 19,063.22 -154.26 -0.80%
Hang Seng 24,301.09 -90.96 -0.37%
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