Bitcoins, cryptocurrencies, high profit investments, High risk investment, Bitcoin India, Virtual Currency, Business news, Indian Express
January 18, 2018 9:17 am

South Korea's justice minister had said last week the ministry was preparing a bill to ban cryptocurrency trading, which sent bitcoin prices plummeting.

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January 11, 2018 9:04 am

Trump suggested during his remarks that he'd like to take a more aggressive approach to the drug crisis _ but the country's not ready for what he has in mind.

Federal Reserve, US Federal Reserve, Fed Reserve wall street regulator, David Nason, Nason, Fed Reserve top post, business news, latest news, indian express
January 4, 2018 7:30 am

Buoyed by overnight gains on Wall Street, Tokyo's Nikkei began the first day of trading in 2018 by rallying more than 2 percent. Crude oil prices were at 2-1/2-year highs, helping fuel inflation expectations.

Bitcoin, Bitcoin futures, Bitcoin value, Bitcoin today, Cryptocurrency bitcoin, Bitstamp exchange, world market, market news, business news
December 22, 2017 3:37 pm

Bitcoin had surged to a record high of $19,666 on Sunday in the lead up to exchange giant CME Group's launch of its bitcoin futures. It has since lost about a third of its value.

Spanish growth,Spanish economy,Spanish GDP,Spanish pre-crisis levels,Spanish quarter growth,world news,Indian express news
December 19, 2017 3:24 pm

Minutes from the Reserve Bank of Australia's (RBA) December meeting released on Tuesday showed policymakers were encouraged by improved economic data, though weakness in consumer spending was still a "significant risk."

Shinzo Abe, japan, japan PM, japan economy, Abenomics, Haruhiko Kuroda, japan news, world news
December 18, 2017 10:58 am

The value of exports to China, Japan's largest trading partner, rose 25.1 percent year-on-year in November to 1.38 trillion yen ($12.24 billion), the highest monthly amount on record, led by equipment to manufacture liquid crystal displays (LCD).

Dollar, Yen, Forex, US politics, US political crisis, Us policies, global business, currency, Business news, Indian Express
December 18, 2017 10:06 am

"While there are no obvious signs yet, we do expect a modest slowdown in Chinese growth in coming months," said Steve Waddington, portfolio manager at Insight Investment, which has A$930 billion ($712 billion) in assets under management.

Bitcoin cryptocurrency disadvantages
December 18, 2017 9:42 am

Bitcoin is the world's most popular virtual currency. Such currencies are not tied to a bank or government and allow users to spend money anonymously. They are basically lines of computer code that are digitally signed each time they are traded.

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December 18, 2017 9:30 am

On Friday, Germany's Social Democrats (SPD) agreed to open exploratory talks on forming a government with Chancellor Angela Merkel, providing a chance to end a rare period of political deadlock in Europe's largest economy.

US President Donald Trump
December 15, 2017 2:48 am

Trump often praises Fox News, the conservative cable news channel that has given him favorable coverage and is also owned by Murdoch but not included in the sale.

US fed rates, US federal reserve rate, US federal reserve, United states, US markets, business news, world market, indian express
December 14, 2017 4:44 am

The Fed said Wednesday that it's lifting its short-term rate by a modest quarter-point to a still-low range of 1.25 per cent to 1.5 per cent.

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December 13, 2017 2:35 pm

"I am surprised the Alabama outcome is not having a bigger impact on the dollar," said John Marley, head of FX strategy at Infinity International, a currency risk management firm.

china stock market, honk kong, asian markets, shanghai index, shenzen index, indian express, china markets, china economy,
December 7, 2017 12:47 pm

The IMF said the sub-committee it has recommended should report to Beijing's new Financial Stability and Development Committee.

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December 2, 2017 10:03 am

Analysts said uncertainty has weighed on the financial markets. Gold and US Treasuries rallied following the news as Wall Street fled to safe haven assets immediately.

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November 30, 2017 9:51 am

The overall package is a blend of generous tax cuts for businesses and more modest tax cuts for families and individuals. It would mark the first time in 31 years that Congress has overhauled the tax code, making it the biggest legislative achievement of President Donald Trump's first year in office.

UN humanitarian funding, united nations humanitarian aid, UN yemen syria aid, UN help middle east nations, UN fund middle east countries, world news, inidan express news
November 30, 2017 7:16 am

Congressional Republicans scrambled on Wednesday to reformulate their tax bill to satisfy lawmakers worried about how much it would expand the federal deficit, as the measure moved toward a US Senate floor vote later this week.

UN humanitarian funding, united nations humanitarian aid, UN yemen syria aid, UN help middle east nations, UN fund middle east countries, world news, inidan express news
November 28, 2017 7:47 am

Republican Senator Bob Corker said on Monday that he could oppose his party's tax bill over deficit worries. The euro edged up 0.1 percent to $1.1907, after scaling a two-month peak at $1.1961 on Monday.

China reports breaking up gang that moved $3 billion abroad
November 22, 2017 10:41 am

Offshore one-year non-deliverable forwards contracts (NDFs), considered the best available proxy for forward-looking market expectations of the yuan's value, traded at 6.7745, 2.15 percent weaker than the midpoint.

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November 22, 2017 10:28 am

Financial and consumer discretionary stocks led the gains, with Public Bank Bhd and Genting Bhd adding 0.2 percent and 1.2 percent, respectively. Meanwhile, the Philippine market rose 0.5 percent, led by real estate and industrial stocks.

UN humanitarian funding, united nations humanitarian aid, UN yemen syria aid, UN help middle east nations, UN fund middle east countries, world news, inidan express news
November 22, 2017 7:47 am

The Australian dollar rose 0.1 percent to $0.7586 against the bogged down dollar, putting a bit of distance between a five-month trough of $0.7532 plumbed overnight on dovish-sounding Reserve Bank of Australia policy meeting minutes.

Alibaba, Taobao, VPN, e-commerce platform, world news, indian express news
November 20, 2017 8:13 am

The alliance would target opportunities in China’s $500 billion food retail sector, where online and offline operators see benefits in joining forces to pool consumer data and enhance their competitiveness. Alibaba calls the strategy "New Retail".

Spanish growth,Spanish economy,Spanish GDP,Spanish pre-crisis levels,Spanish quarter growth,world news,Indian express news
November 20, 2017 7:14 am

The euro slid broadly in early Asian trade after news of the breakdown of the coalition talks among German parties reached the market, but later pared some of its losses. Against the yen, the euro was last down 0.4 percent on the day at 131.65 yen.

Federal Reserve, US Federal Reserve, Fed Reserve wall street regulator, David Nason, Nason, Fed Reserve top post, business news, latest news, indian express
November 19, 2017 8:12 am

"I think pension reform will be done, it could be done this year, next year," he said. "That will be very important to somehow shield from any unexpected turbulence....The stronger the better, and the sooner the better."

Spanish growth,Spanish economy,Spanish GDP,Spanish pre-crisis levels,Spanish quarter growth,world news,Indian express news
November 15, 2017 6:59 pm

US Senate Republicans on Tuesday linked repealing a key component of Obamacare to their ambitious tax-cut plan, raising new political risks and uncertainties for the tax measure that financial markets have been monitoring closely for months.

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November 8, 2017 2:34 pm

Overseas holders of Spanish stocks and bonds -- and indeed owners of euro zone assets in general -- have been quick to dismiss comparisons with a succession of rolling sovereign debt crises that hit the euro zone between 2010 and 2012.

oil barrel price, crude price us, united stated, crude inventories us, america oil barrel price, opec, brent, indian express
November 2, 2017 11:30 am

US commercial crude oil inventories fell by 2.4 million barrels in the week to Oct. 27 to 454.9 million barrels.

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November 2, 2017 9:06 am

More than half of the Chinese creditors to Huishan and its chairman, Yang Kai, had "signed an agreement to act in concert and support, in principle, an overall debt restructuring", the firm said in a statement to the Hong Kong stock exchange.

Jayant Rikhye, Jayant Rikhye HSBC, HSBC India new CEO, HSBC, Hongkong and Shanghai Banking, banking news, Indian express
October 30, 2017 12:34 pm

HSBC posted a 5 percent drop in adjusted revenue in fixed income, currencies and commodities business during the quarter. Some of its European rivals such as Barclays saw the same business fall by more than 20 percent in the period.

australian dollar, aud, usd, us dollar, american dollar value, nz dollar, indian express
October 30, 2017 12:31 pm

The latest lunge lower came after a surprisingly strong reading on US economic growth supported expectations for a December rate hike from the Federal Reserve.

chinese economy, china economic growth, china economic growth moodys report 2017, moodys investors service, indian express
October 30, 2017 10:37 am

Over the weekend, China's securities regulator approved nine IPOs that will raise a total of 9.5 billion yuan ($1.43 billion), more than double the average funds raised in the past weeks.

PMI survey, Nikkei, GST, Goods and Services Tax, GDP growth rate, indian express news 
October 30, 2017 8:52 am

The Bank of Japan is set to keep policy unchanged at its two-day meeting ending on Tuesday, while the US Federal Reserve will hold a two-day policy meeting ending on Wednesday at which it is expected to leave rates unchanged.

Nikkei, Yen, japan, business, business news, japan's nikkei, Bank of Japan, Shinzo Abe, International Buisnes news, nikkei rises, japan news, stock market, asian markets, indian express
October 27, 2017 11:14 am

For the week, Nikkei has risen 2.3 per cent, on track to post seventh straight weekly gains, the longest weekly winning streak in almost a year.

china stock market, honk kong, asian markets, shanghai index, shenzen index, indian express, china markets, china economy,
October 19, 2017 11:11 am

While China's full-year 2017 growth should easily beat the government's target of around 6.5 percent, economists believe it will lose momentum next year.

Federal Reserve, US Federal Reserve, Fed Reserve wall street regulator, David Nason, Nason, Fed Reserve top post, business news, latest news, indian express
October 18, 2017 9:28 am

Although Prime Minister Shinzo Abe's ruling party is expected to maintain a solid majority, the memory of recent election upsets in the United Kingdom and elsewhere has kept investors cautious. The dollar fetched 112.22 yen, little changed on the day.

inflation, Bank of England, Philip Hammond, Brexit, UK bank interest rates, world market, market news, business news, indian express news
October 17, 2017 7:58 pm

One of the main reasons why inflation has spiked over the past year is related to the pound's 15 percent or so drop fall since the country voted to leave the European Union in June 2016.

October 17, 2017 2:28 pm

Last year Zimbabwe spent more than $80 million on fruit and vegetables, according to national statistics agency Zimstat.