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U.S. producer prices rise strongly, point to firming inflation

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WASHINGTON U.S. producer prices rose in November as gasoline prices surged and the cost of other goods increased, leading to the largest annual gain in nearly six years. | Video

U.S., European stock markets climb ahead of Fed meeting; oil hits peak

NEW YORK Major U.S. and European stock indexes advanced on Tuesday, ahead of a meeting of U.S. Federal Reserve policymakers, while oil prices reached $65 per barrel earlier in the day for the first time since mid-2015.

11:28pm IST

House Speaker Ryan says he believes upbeat Treasury tax study

WASHINGTON U.S. House Speaker Paul Ryan on Tuesday defended a one-page analysis by the Treasury Department that asserted a tax plan pushed by the Republican-led Congress would pay for itself in 10 years.

10:26pm IST

EU ups pressure on U.S. over tax reform with second letter to Treasury Secretary

BRUSSELS The European Commission told U.S. Treasury Secretary Steven Mnuchin on Tuesday a planned tax overhaul in the United States could "seriously" hamper trade and investment flows across the Atlantic.

11:18pm IST

EU, U.S., Japan to slam WTO countries flooding global markets

BUENOS AIRES The European Union, United States and Japan will issue a joint statement on Tuesday criticizing countries with too much factory capacity, though it will not directly name China, a major source of concern, EU Trade Commissioner Cecilia Malmstrom said.

11:41pm IST

EU's Barnier rules out full EU-UK trade pact in time for Brexit

BRUSSELS There is "no possibility" that Britain and the European Union can conclude a free trade agreement by the time Britain leaves in March 2019, EU Brexit negotiator Michel Barner said on Tuesday.

10:00pm IST
World Markets

REFILE-BRIEF-India's Uni-Abex Alloy Products Posts Profit In September-Quarter

* SEPT-QUARTER PROFIT 800,000 RUPEES VERSUS LOSS 800,000 RUPEES YEAR AGO

7:09pm IST

UPDATE 2-M&A "boom" dominates Europe share trading as oil leads gains

* Disappointing pipeline update weighs on Genmab (Adds details, closing prices)

UPDATE 2-M&A "boom" dominates Europe share trading as oil leads gains

* Disappointing pipeline update weighs on Genmab (Adds details, closing prices)

Tencent leads Hang Seng lower ahead of likely U.S. rate hike

Dec 12 Hong Kong stocks dropped on Tuesday, as index heavyweight Tencent slumped over 3 percent, and declines in other technology shares also weighed on sentiment.

2:04pm IST
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Sensex 33,227.99 -227.80 -0.68%
Nikkei 22,866.17 -72.56 -0.32%
Hang Seng 28,793.88 -171.41 -0.59%
EUR/INR 75.843 +0.00%
USD/INR 64.470 +0.00%
GBP/INR 86.280 -0.05%
Gold 1,245.90 -3.90 -0.31%
Oil 57.17 -0.82 -1.41%
Corn 339.50 +3.00 +0.89%

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