Journalism of Courage
WORLD MARKET NEWS - Page 54
Nandan Nilekani reads signs from Brexit: Era of globalisation and growth under threatSubscriber Only
June 25, 2016 08:29 IST
Quoting CEO of global tech giant GE, Nilekani said, “Today, globalisation is being attacked as never before. The era of globalisation and growth that we have had for 40 years is now under threat. Around the world, this is the trend.”
Dow Jones plunges over 500 pts at the open after Brexit vote
June 24, 2016 19:45 IST
The market was already expected to be volatile as traders adjust portfolios to account for an annual reconstitution of the widely followed Russell stock indexes.
What Brexit could mean for the UK economy
June 24, 2016 10:48 IST
The vote is expected to deliver at least a short-term hit to growth in Britain and might push it into recession.
EU Referendum: Asian traders ‘seasick’ as UK lurches towards Brexit
June 24, 2016 10:59 IST
Britain's referendum on whether to quit the EU began too close to call early on Friday but the numbers slowly tipped in favour of a vote to leave.
EU Referendum: Sterling suffers its most volatile session in living memory
June 24, 2016 11:02 IST
While EU referendum tilts in favour of the Leave camp, euro dropped more than three per cent against the dollar while the Swiss franc firmed along with the yen.
Brexit shock: Pound collapses to lowest since 1985Subscriber Only
June 24, 2016 09:39 IST
The unit tumbled to USD 1.3466, its weakest level in three decades
South Korea says it will take market stabilisation measures as needed on UK results
June 24, 2016 08:21 IST
Policymakers have been adamant even if Britain does decide to leave, South Korea would receive a limited impact.
Brexit effect: London copper slips from 7-week top
June 24, 2016 07:44 IST
The overall result on the Brexit referendum was too close to call, setting copper and other metals in train for a volatile session.
EU Referendum: Sterling, stocks hammered as UK on brink of Brexit
June 24, 2016 08:49 IST
With 171 of 382 counting areas declared, the Leave camp was put at 51.3 percent against 48.7 percent for "Remain"
Brexit: Asia FX down as early vote gives ‘Leave’ campaign upper hand
June 24, 2016 07:53 IST
Thai 10-year yields dropped 3 basis points to 2.17 percent while Korean yields went flat at 1.63 percent.
Brexit: Oil falls as close vote predicted after early returns
June 24, 2016 07:53 IST
US crude was down to 35 cents at $49.76 a barrel while Bent crude went to 27 cents at $50.64 a barrel
Brexit: Taiwan stocks down as early referendum results put ‘Leave’ camp in lead
June 24, 2016 07:54 IST
The Taiwan dollar softened from T$0.13 to T$32.320 per U.S. dollar
Sterling plunges six cents against the dollar as EU vote counts hint at Brexit
June 24, 2016 06:25 IST
The pound's steep reversal from a 2016 high above $1.50 reflected extremely choppy and illiquid trading conditions.
Brexit: Sterling hits 2016 high, post-referendum poll shows ‘Remain’ ahead
June 24, 2016 03:20 IST
A referendum day poll showed voters in Britain had voted to stay in the European Union.
Brexit may change Britain’s financial industry forever
June 24, 2016 03:07 IST
Britain's financial sector is as ready as it can be for a referendum that may change the industry forever.
Brexit referendum: Oil prices rises in choppy trade ahead of Britain’s EU vote
June 24, 2016 00:13 IST
While oil trended higher, intraday moves were choppy over speculation on how the British vote would go.
Ahead of Brexit voting, British pound soars to 2016 peak near $1.50Subscriber Only
June 23, 2016 22:02 IST
The pound surged in morning deals to $1.4947 -- its highest level since December 28 -- as Britons headed to the polls in a hotly-contested in-or-out EU membership vote. Results are due early Friday.
China’s economy slowly steadying, Asia sentiment hits year high: Survey
June 23, 2016 14:24 IST
Rising corporate debt in China and its potential to handicap long-term growth was the most-cited risk to companies' outlooks; volatile oil prices, central bank policies and terrorism were the others.
Nikkei edges up in choppy trade, investors wary before Brexit vote
June 23, 2016 09:58 IST
The Nikkei share average rose 0.3 per cent to 16,117.72 in mid-morning trade after moving in and out of the black in early deals.
Taiwan stocks down on profit-taking ahead of UK referendum
June 23, 2016 09:06 IST
British voters will vote in a referendum later in the session on whether to remain in the European Union.
Volkswagen apologises to shareholders in Hannover AGMSubscriber Only
June 22, 2016 21:10 IST
Shareholders are expected to use the AGM in the northern city of Hanover to let off steam at the way management has handled the affair.
Most South-East Asian stocks rise on expectation of anti-Brexit vote
June 22, 2016 11:30 IST
Sentiment was also boosted by higher oil prices, with US crude joining Brent above $50 a barrel after data from the American Petroleum Institute.
Asian stocks steady while investors countdown to Brexit vote
June 22, 2016 07:37 IST
MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent though Japan's Nikkei shed 0.7 per cent.
Wall Street ends higher as Britain seen staying in European Union
June 21, 2016 11:42 IST
The vote on whether to stay is scheduled for Thursday and the most recent polls showed a change in momentum to favor the 'remain' camp.
Oil prices fall for first time in three days
June 21, 2016 07:08 IST
Saudi Arabia's crude oil exports also dropped despite high production levels, suggesting demand remains in a deficit to supply.
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