Global Markets News

China selloff pressure Asia stocks, yuan jumpy before IMF decision


TOKYO An extended selloff in Chinese stocks pulled down Asian markets on Monday, while the yuan bounced on suspected intervention by Beijing hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies.

Fed to take up 'too big to fail' emergency lending curb

WASHINGTON The Federal Reserve Board will consider on Monday a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial decision to aid AIG , Citigroup and others in 2008.

10:37am IST

U.S. online shopping rivals store trips: NRF survey

An equal number of U.S. shoppers sought to buy items online as they did in physical stores over the Thanksgiving weekend, according to a closely watched survey by the leading retail industry lobby, highlighting the growing importance of e-commerce during the crucial holiday shopping season.

2:37am IST

Oil dips on firm dollar, ahead of OPEC meeting

SINGAPORE Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate hike strengthened the dollar.

1:16pm IST

Japan output, retail sales rise, sign of gradual pickup from recession

TOKYO Japan's industrial output rose for a second straight month in October and retail sales grew much faster than expected - a tentative sign of the economy's recovery from a recession.

12:00pm IST

IMF's yuan inclusion signals less risk taking in China

SHANGHAI/NEW YORK When the International Monetary Fund agrees on Monday to add the Chinese yuan to its reserves basket in the biggest shake-up in more than three decades, the IMF can afford itself a congratulatory nod.

6:58am IST
World Markets

European shares rise to three-month high in thin trade

MILAN/LONDON, Nov 26 European shares hit three-month highs on Thursday, rising in thin trade as expectations grew for aggressive European Central Bank (ECB) action next week.

UK Stocks-Factors to watch on Nov 30

LONDON, Nov 30 Britain's FTSE 100 index is seen opening about 15 points lower, or down 0.2 percent, on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

1:12pm IST

European Factors to Watch-Shares seen flat to lower

MILAN, Nov 30 European shares were expected to open flat to lower on Monday, following losses in Asia overnight, with investors cautious ahead of a much-anticipated policy decision by the European Central Bank on Thursday.

China stocks end flat after volatile session

SHANGHAI, Nov 30 China stocks ended flat after a highly volatile session, with major indexes swinging wildly in and out of negative territory following Friday's more than 5 percent slump.

12:42pm IST
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Sensex 26,108.49 -19.71 -0.08%
Nikkei 19,747.47 -136.47 -0.69%
Hang Seng 22,090.51 + 22.19 +0.10%
EUR/INR 70.681 -0.10%
USD/INR 66.787 -0.06%
GBP/INR 100.39 -0.05%
Gold 1,054.70 -1.50 -0.14%
Oil 41.62 -0.09 -0.22%
Corn 360.75 +1.50 +0.42%

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