Global Markets News

Trump to make final tax push as Republican negotiators near deal


WASHINGTON U.S. President Donald Trump will make a final push on Wednesday to shepherd a Republican tax overhaul across the finish line, hosting congressional negotiators for lunch before a speech in which he will make closing arguments for the legislation.

WTO struggles to hone global trade vision after U.S. turnabout

BUENOS AIRES Trade ministers looked set to wrap up their biennial World Trade Organization (WTO) meeting without having reached a single agreement on Wednesday, still reeling from criticism brought by the United States, once the WTO's driving force.

9:27pm IST

Wall Street higher on tech gains; Fed decision awaited

U.S. stocks inched higher on Wednesday powered by technology stocks but shares of big banks lost steam ahead of a widely-expected interest rate hike in the afternoon.

10:03pm IST

With rate hike in the bag, Fed may hint at Trump effect on economy

WASHINGTON The Federal Reserve is widely expected to raise interest rates on Wednesday, but, more significantly, it may give its strongest hint yet on how the Trump administration's tax overhaul could affect the U.S. economy.

8:32pm IST

U.S. core inflation slows, puts spotlight on 2018 interest rate outlook

WASHINGTON Underlying U.S. consumer inflation slowed in November, held down by weak healthcare costs and the biggest drop in apparel prices in nearly two decades, which could impact the pace at which the Federal Reserve raises interest rates next year.

10:03pm IST

Global stocks worldwide reach highs; U.S. Treasury yields fall

NEW YORK Stocks globally reached a record high on Wednesday ahead of a widely expected interest rate increase by the U.S. Federal Reserve, while U.S. Treasury yields fell on disappointing inflation data.

10:12pm IST
World Markets

BRIEF-India's PDS Multinational Fashions Posts Sept-Qtr Consol Loss


6:59pm IST

UPDATE 1-UK Stocks-Factors to watch on Dec 13

Dec 13 Britain's FTSE 100 futures up 0.02 percent ahead of the cash market open on Wednesday.

1:11pm IST

Hong Kong stocks rally, aided by services and financial firms

Dec 13 Hong Kong stocks rebounded on Wednesday, underpinned by services and financial firms.

1:47pm IST
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