Global Markets News

Asia stocks bounce, investors no clearer on Fed


SYDNEY Asian shares bounced modestly on Tuesday as doubts the Federal Reserve would hike interest rates next month restrained the dollar, while investors continued to count on more policy stimulus elsewhere in the world.

France, joining Germany, urges halt to Transatlantic trade talks

PARIS Current Transatlantic trade talks should be halted and a new set started, France's trade minister said on Tuesday, adding his voice to German calls for an end to the negotiations.

2:08pm IST

Japan top spokesman signals readiness to stem yen gains

TOKYO Japan's chief cabinet secretary has signaled Tokyo's readiness to intervene in the market if the yen spikes out of line with fundamentals and defended the Bank of Japan's negative interest rate policy.

1:09pm IST

Oil prices rise as dollar comes off two-week high

SINGAPORE Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.

12:26pm IST

South Korea 2017 budget focuses on job creation, spending up modestly

SEOUL South Korea will focus on creating more jobs and increase spending modestly next year, while seeking out new sources of economic growth, the finance ministry said on Tuesday as it unveiled its draft 2017 budget.

11:42am IST

South Korea finance minister says government will take long-term measures if housing prices rise

SEOUL South Korea's finance minister said on Tuesday he doesn't expect housing prices to rise sharply in the future, but added that the government planned to take fresh measures if prices do surge.

12:43pm IST
World Markets

BRIEF-Future Retail posts June-qtr profit

* June-quarter net profit 705.5 million rupees versus loss of 869.5 million rupees last year

2:20pm IST

UPDATE 2-UK Stocks-Factors to watch on Aug 30

Aug 30 Britain's FTSE 100 index is expected to open 13-18 points, or 0.2-0.3 percent, lower on Tuesday, according to financial bookmakers, with futures trading down 0.3 percent ahead of the cash market open.

12:27pm IST

European shares lower on U.S. rate hike expectations, Alstom up

* Fingerprint Cards gains on client China launch (Recasts, adds detail and updated prices at close)

Hong Kong shares end up as U.S. rate hike views ease

SHANGHAI, Aug 30 Hong Kong shares bounced on Tuesday amid doubts the Federal Reserve would raise interest rates as soon as September.

1:58pm IST
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Sensex 28,261.04 + 358.38 +1.28%
Nikkei 16,725.36 -12.13 -0.07%
Hang Seng 23,016.11 + 194.77 +0.85%
EUR/INR 74.917 -0.21%
USD/INR 67.060 -0.04%
GBP/INR 87.634 -0.32%
Gold 1,320.00 -2.60 -0.20%
Oil 47.35 +0.37 +0.79%
Corn 310.50 -1.25 -0.40%

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