Global Markets News

North America leaders mount strong defense of trade despite threats


OTTAWA Canada, the United States and Mexico on Wednesday mounted a fierce defense of free trade, vowing to deepen economic ties despite an increasingly acrimonious debate about the value of globalization. | Video

Asia stocks rise as post-Brexit rebound continues, yen stays flat

TOKYO Asia stocks rose across the board on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen stopped rising as global markets regained a semblance of calm after last week's Brexit shock. | Video

8:07am IST

Most big U.S. banks pass Fed's stress test, boosting shareholder payouts

NEW YORK/WASHINGTON Nearly all of the largest U.S. banks are on steady enough footing to increase payouts to shareholders, the U.S. Federal Reserve said on Wednesday, with just two subsidiaries of foreign banks failing its annual stress test. | Video

4:05am IST

Oil prices fall as supply outlook improves

SINGAPORE Oil prices fell in early trade on Thursday, with Brent futures struggling to defend $50 per barrel as fears over strike outages in Norway faded and as Nigeria's production improved.

7:35am IST

Senate passes Puerto Rico debt bill, sends to Obama

WASHINGTON The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment.

7:56am IST

Obama concerned over longer term global growth after Brexit

OTTAWA U.S. President Barack Obama said on Wednesday he expects the world economy will be steady in the short run after Britain's decision to leave the European Union but expressed concern about longer term global growth. | Video

6:31am IST
World Markets

India's NSE index gains 0.9 pct, biggest in 2 weeks

June 29 India's NSE index rose 0.9 percent on Wednesday to post its biggest single-day percentage gain in two weeks, as auto and retail sector shares advanced after the federal government approved a pay hike for its employees.

29 Jun 2016

European healthcare first sector to recover Brexit losses

LONDON, June 29 The rush to large-cap, high quality, dividend-paying pharmaceutical stocks in the aftermath of Brexit has helped Europe's healthcare index erase all its losses since last week's vote.

Hong Kong shares break 3-day losing streak on global rebound

June 29 Hong Kong stocks tracked global markets higher on Wednesday, breaking a three-day losing streak, as panic triggered by the Brexit vote slowly eased.

29 Jun 2016
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Sensex 26,740.39 -- --%
Nikkei 15,694.81 + 127.98 +0.82%
Hang Seng 20,791.32 + 355.20 +1.74%
EUR/INR 74.966 -0.02%
USD/INR 67.490 +0.16%
GBP/INR 90.495 +0.00%
Gold 1,316.70 -7.20 -0.54%
Oil 49.40 -0.48 -0.96%
Corn 376.00 +3.25 +0.87%

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