Oil prices plunged to 12-year lows in the previous session after China allowed its yuan currency to slip
Chinese markets have lurched up and down as regulators gradually withdraw emergency measures imposed after the main stock index plunged in June following an explosive rise.
Dynamic balanced funds have worked wonderfully well in all market conditions.
A day after the US Fed raised rates, the Indian equities and currency markets responded well, allaying investor fears of a huge fund outflow.
The Fed's move to lift its key rate by a quarter-point to a range of 0.25 percent to 0.5 percent ends an extraordinary seven-year period of near-zero rates.
A timeline of the decline of China's main stock market index from its June 12 peak and government efforts to shore up prices.
Stocks from London to Paris to New York all bled, as global shares went into a tailspin yesterday, with European and US stocks tumbling as concerns over Chinese economy rattled investors worldwide.
The benchmark Sensex fell to a low of 27,131 on Friday before recovering to trade at 27,200 in the afternoon.
The yuan's value declined 1.9 percent on Tuesday, its biggest one-day drop in a decade, and dropped a further 1.6 percent on Wednesday.
The central bank said the yuan's 1.3 percent fall was due to a change aimed at making its exchange rate controls more market-oriented.
Although the Greek economy has emerged from a brutal six-year recession, the country remains burdened by its debts.
Sinha said the regulations would help address irregularities in the whole process.
The tensions might also 'have triggered a wait-and-see attitude among firms,' the officials wrote in a section of the report that focused on Germany.
USITC makes no recommendations on policy or other matters in its general fact-finding reports.
While the prices rose around Diwali, they dropped again following weakness in demand and profit booking along with the weak global sentiment.
A weaker euro not only boosts euro zone exports, it imports inflation, both of which the ECB wants to see.
Every transaction beyond fifth will be charged Rs 20 per use.
State plans - Will make Andhra, Telengana proposals
Members remain divided on how to get there with Germany pushing back at US calls for more government stimulus.
Yahoo is in line to make $8.3 billion to $9.5 billion from Alibaba's initial public offering.
Chinese e-commerce company Alibaba Group is seeking to raise up to $24.3 billion in an initial public offering on the New York Stock Exchange, which would value the company at $163 billion. Those are both IPO records. Here’s a look at some of the largest global IPOs ever, based on records from data provider Dealogic. […]
Gold imports up 65% in June to $3.12 bn; exports jump 10.22%.
US authorities are examining whether BNP Paribas evaded US sanctions relating primarily to Sudan between 2002 and 2009.
Martoma, a father of three, even earned a $9.3 million bonus for himself due to his various trades for SAC.
Economic slowdown in EMs has impacted global export growth and recovery in advanced economies.
The comments add to warnings by private sector analysts that China’s run-up in debt, especially since the 2008 global crisis, could lead to financial problems.
General Motors has recalled more than 15 mn vehicles so far this year.
S&P rose above 1,900 for the first time, extending its year-to-date rise to 2.7 percent.
China and India both already have some of the largest populations based abroad.
Warren Buffett was likening BNSF's foresight to the biblical figure Noah and his vessel.
FBI agents are also reviewing Herbalife documents obtained from former distributors, two other sources familiar with the matter said.
China should not doubt the US commitment to defend its Asian allies, says US official.
The field is one of several that form the backbone of Iraq’s plans to revive its oil sector and lift the economy after decades of sanctions.
A cover story claiming it had uncovered "the face behind bitcoin,'' the world's most popular digital currency. It got plenty of attention, all right.
Initial claims returned to a more normal level, consistent with healthy labor market conditions, said Yelena Shulyatyeva.
MSCI’s world equity index, which tracks shares in 45 countries, was up 0.6 per cent, and the MSCI emerging market index rose 1.2 per cent.