Journalism of Courage
WORLD MARKET NEWS - Page 55
Gold falls more than 1% as Brexit campaign loses steamSubscriber Only
June 20, 2016 13:34 IST
Three opinion polls ahead of the June 23 vote showed the 'Remain' camp recovering some momentum, although the overall picture remains one of an evenly split electorate.
Asia stocks gain as Brexit fears ebb slightly
June 20, 2016 13:08 IST
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.3 per cent, Australian stocks added 1.4 per cent and South Korea's Kospi rose 1.5 per cent.
Brexit: Futures rise as ‘In’ regains momentum in British EU vote
June 20, 2016 07:05 IST
Previous polls showing an increased probability that Britons would vote to leave the EU have rattled markets in recent days.
US gun shares extend gains after strong Smith & Wesson earnings
June 17, 2016 10:21 IST
High profile shootings such as the one in Orlando, Florida amplify fears of crime, leading some people to buy guns. Others buy them in case US gun control laws become stricter.
Financial Times backs Britain’s continued membership in EUSubscriber Only
June 16, 2016 17:04 IST
While criticising the "Remain" campaign for its "scaremongering" regarding potential financial consequences of a Brexit, FT argued that the "economic costs of withdrawal are substantial".
Japan’s Nikkei drops by 1.2 per cent, market cautious ahead of BOJ’s policy meeting
June 16, 2016 08:43 IST
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signalled it still planned to raise rates twice in 2016
Indian federalism cited as anti-Brexit case in UK
June 15, 2016 19:56 IST
"Don't be terrified of EU's federalism; look at India's successful federalism. Britain's bilateralism with India will suffer if we vote to leave the EU," said Stephen Pound, MP for Ealing North.
Brexit vote becomes crucial for US economy
June 15, 2016 12:26 IST
Recent opinion polls indicated growing support for Britain's exit from the European Union, creating a rush by investors to safe haven assets like gold and the yen.
Japan says it will continue to watch markets for Brexit impact
June 15, 2016 09:56 IST
Japanese policymakers have tried to discourage speculative gains in the yen, because this tends to reduce exporters' earnings and increase deflationary pressure by lowering import prices.
Brexit fear factor sends global stocks spinning
June 15, 2016 10:01 IST
Concerns of a vote for Brexit came to the fore as European shares fell 1.5 per cent drop and Asian stock markets logged their biggest falls in four months.
Euro, sterling feel the heat over Brexit vote, dollar enjoys reprieve
June 15, 2016 10:02 IST
The euro plunged to a fresh three-year low of 120.315 yen on Thursday before paring losses.
Brexit: Britain’s referendum vote looms over falling stocks
June 10, 2016 10:19 IST
The referendum in UK that will take place on June 23, 2016, may see UK exit from European Union.
Nikkei slips in line with global peers, subdued by US, Eurozone losses
June 10, 2016 09:46 IST
The Nikkei lost 0.5 percent in mid-morning trade.
Oil falls again on stronger dollar; high refinery demand lends support
June 10, 2016 11:39 IST
Crude prices have virtually doubled since hitting decade lows in early 2016 as strong demand and supply disruptions erode a glut that had pulled down prices by as much as 70 percent between 2014 and early 2016.
Dow finishes back above 18,000 as dollar dips
June 9, 2016 11:11 IST
Bucking the recent trend in retail stocks, Lululemon Athletica Inc shares rose 4.9 percent to $71.48 after first-quarter sales beat analyst expectations.
Early trade: US crude inventories drop, send oil prices near 2016 highs
June 9, 2016 08:16 IST
International Brent crude oil futures were trading at $52.70 per barrel at 0045 GMT, up 19 cents from their last close.
Oil hits 8-month high on US crude inventory draw, China imports
June 8, 2016 13:04 IST
London Brent crude for August delivery was up 2 cents, after settling up 89 cents on June 7. It earlier touched $51.57, the highest since October 12.
US oil prices close above $50, first time since July
June 8, 2016 08:28 IST
NYMEX crude for July delivery was up 4 cents at $50.40 a barrel, after closing up 67 cents on June 7 to settle above $50 for the first time since last July.
Asia stocks at 5-week high after cautious Janet Yellen speech
June 7, 2016 08:34 IST
Economists are now saying that the chances of an interest rate hike in June and July seem difficult, as money market futures reduced bets by 20 to 30 per cent.
Cairn Energy’s arbitration worth Rs 29,047 crore gets underway
June 6, 2016 14:34 IST
The Indian government will fix its 'Statement of Defence' by the fourth quarter of 2016 calendar year and evidential hearing is expected to commence in early 2017.
China stocks lower, investors cautious ahead of May credit and economic data
June 6, 2016 13:04 IST
The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.3 per cent to 3,178.79, while the Shanghai Composite Index lost 0.2 per cent to 2,934.10 points.
Jubilant Life Sciences shares jump 6% on epilepsy injection approval
June 6, 2016 12:54 IST
Jubilant Life Sciences had said in a BSE filing on June 3 and the stock climbed to Rs 374 on BSE, and Rs 374.45 on NSE.
Nestle partners with Alibaba to boost its online sales
June 6, 2016 11:03 IST
Under the new initiative, Nestle will launch campaign with its diverse products, spanning 30 brands from coffee to baby formula in Alibaba platforms such as Tmall.
Dollar slump raises oil prices after well-below-forecast US jobs reportSubscriber Only
June 6, 2016 10:44 IST
Borrowing costs are not seen to rise before September at the earliest, the dollar tumbled, making oil cheaper for anyone buying it with other currencies.
Asian shares rise, dollar lowest in a month after job data shock
June 6, 2016 10:03 IST
US nonfarm payrolls rose by just 38,000, well shy of the expected 164,000, quashing expectations for a near-term interest rate hike.
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