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world markets News

Asian shares pull back after Fed's signals for more rate hikes

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.34 percent, with Australian shares dropping as much as 0.65 percent to two-year lows.

The second coming

Global cooperation is a vital element in managing global economic interdependence. But global cooperation is exactly what has been domestically de-legitimised in almost all democracies.


Britain's FTSE dips as Turkey's lira crisis shakes world markets

Turkey's lira pulled back from a record low to the dollar in morning trading after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but the currency's meltdown is still a major worry for emerging markets and beyond.

Global stocks sink in worst slide since November; eyes on Federal meeting

Wall Street is looking toward the Fed's two-day policy meeting, which concludes on Wednesday, with 104 analysts polled by Reuters expecting that the central bank will raise rates by 25 basis points to a range of 1.50 percent to 1.75 percent

Why are world markets watching Fed Reserve?

At the end of a two-day meeting, America’s central bank will decide if it is time to raise interest rates, the first since June 2006. Indian Express explains why economies around the world are worried.

US to China: Make economy transparent, currency market-driven

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.


Global markets gain 3.8%,add $1.5 tn wealth post crisis

The year-to-date gains for developed markets are an impressive 20.19 per cent.

US Fed surprises as Ben Bernanke sticks to economic stimulus,cuts growth outlook

Fed cuts forecast for 2013 economic growth to 2-2.3% range from June estimate of 2.3-2.6%.

Asian shares rise,Syria worries cap gains,oil off highs

Asian shares recouped some of the two previous session's steep losses.

Global Markets: Asian shares capped,weak data support Fed stimulus hopes

Asian shares recovered from their lowest in about six months.