Journalism of Courage
WORLD MARKET NEWS - Page 56
China iron ore, steel futures gain in commodities, dollar falls to 3-week low
June 6, 2016 09:29 IST
Many investors have ruled out the Fed raising rates this month, sending the dollar to its lowest in more than three weeks.
NY Fed first rejected cyber-heist transfers, then moved $81 million
June 4, 2016 13:01 IST
The New York arm of the US central bank approved 4 out of 35 illicit requests from cyber thieves to send $81 million from a Bangladesh Bank account.
Oil prices drop amid weak data; OPEC fails again to set an output quotaSubscriber Only
June 4, 2016 12:21 IST
The West Texas Intermediate lost 55 cents while Brent crude for August delivery decreased 40 cents.
IMF approves $1.5 Billlion Loan for Sri Lanka
June 4, 2016 12:00 IST
The Loan provides an important opportunity to re-set macroeconomic policies, address key vulnerabilities, boost reserves, and support stability and resilience, says IMF deputy managing director and acting chair Zhu Min.
Iron ore set for fifth weekly fall, seasonally slow steel demand period in China
June 3, 2016 14:46 IST
A downward pressure is likely to build as China's steel demand slows and iron ore supply rises, as iron ore was headed for its fifth weekly drop.
Post OPEC meeting, Brent crude oil price stabilises at around $50 per barrel
June 3, 2016 12:25 IST
Strong demand in Asia was also reflected by a jump in refining margins especially for diesel and jet fuel.
Dollar near 2-month peak as ECB leaves euro underwhelmed
June 3, 2016 10:11 IST
The euro stood near a three-year low early on Friday, having been underwhelmed by the ECB, which held back from making material changes after its policy review.
China steel, iron ore begin June on shaky ground amid weak demand
June 1, 2016 11:59 IST
Rebar and iron ore futures suffered their deepest such decline since their launch.
Dollar consolidates after posting a third week of gains
May 23, 2016 07:54 IST
The dollar index was last at 95.324, little changed from where it closed in New York on Friday and not far from Thursday's high of 95.520. It rose 0.8 percent last week, climbing for a third week.
Yen gains after upbeat Japan GDP pares stimulus bets
May 18, 2016 07:44 IST
The dollar notched its session high of 109.27 yen just ahead of the GDP release, and subsequently fell as low as 108.73.
Poland avoids Moody’s ratings downgrade but outlook cut
May 14, 2016 11:53 IST
Poland has been one of Europe's most dynamic economies for years
China’s Central Bank says no change to monetary policy despite April loans missing expectations
May 14, 2016 09:10 IST
Banks made 555.6 billion yuan ($85.21 billion) in net new yuan loans in April, much lower than expected and less than half the 1.37 trillion yuan seen in March.
IMF says UK risks self-reinforcing economic slide after Brexit
May 13, 2016 15:30 IST
The International Monetary Fund said Britain risks falling into a self-reinforcing cycle of weaker economic growth and lower house and share prices if voters opt to leave the European Union next month.
China stocks fall for 4th straight week, lowest in 2 months
May 13, 2016 13:39 IST
The Shanghai Composite Index lost 0.3 per cent to 2,827.11 points, its lowest close since March 11.
Asian stocks slip as investors assess earnings, await data
May 13, 2016 09:20 IST
Australia's S&P/ASX 200 retreated 0.5 per cent to 5,332.40. Benchmarks in Taiwan, New Zealand and Southeast Asia also lost ground.
Australian dollar set to face loss for 4th straight weekSubscriber Only
May 13, 2016 09:17 IST
The Australian dollar has tumbled more than five cents since its April 21 peak, setting the stage for a fourth consecutive week of losses.
Yuan weakens slightly as dollar shows signs of stability in Asian trade
May 12, 2016 10:40 IST
The dollar index slumped 0.5 per cent against a basket of major global currencies on Wednesday, pushing the yuan sharply stronger in the Chinese market's evening trade.
Australia dollar dips on rate outlook, NZ dollar holds gains
May 12, 2016 09:43 IST
The Aussie slipped 0.5 percent in the session to NZ$1.0750, and off a peak of NZ$1.0920 touched this week.
Dollar gives back gains after rise to two-week highs
May 11, 2016 14:26 IST
The yen gained half a percent and the euro around 0.2 percent, halting a steady march by the greenback since it hit respectively 19- and 9-month lows at the start of May.
Japan’s Aso repeats explicit threat of yen-selling intervention
May 10, 2016 13:35 IST
The jawboning pushed the dollar up nearly 1 percent to around 108 yen on Tuesday, off the 18-month low of 105.55 yen hit last week.
Credit Suisse sees tough markets ahead after Q1 loss
May 10, 2016 12:59 IST
Zurich-based Credit Suisse posted a 302 million Swiss franc ($311 million) loss for the first three months of 2016, as Chief Executive Tidjane Thiam pursued a painful restructuring.
Nikkei rises more than 2% after Japan govt’s yen intervention warningSubscriber Only
May 10, 2016 10:21 IST
The broader Topix gained 2.2 percent to 1,335.06 and the JPX-Nikkei Index 400 added 2.2 percent to 12,072.01.
Taiwan stocks extend losses, weak export data drags tech sharesSubscriber Only
May 10, 2016 08:28 IST
Shares of TSMC, the world's top contract chipmaker, dipped 0.3 percent while those of smartphone and PC maker Asustek Computer fell 2 percent.
Yen, commodity currencies pressured, dollar gains tractionSubscriber Only
May 10, 2016 08:19 IST
The euro was a touch softer against the greenback at $1.1385 . The dollar index drifted to its highest in nearly two weeks, extending its rise from a 15-month trough set on May 3.
Singapore shares snap 10-day losing streak, Indonesia down
May 9, 2016 11:00 IST
Singapore shares rose on Monday, snapping a 10-session losing streak, helped by a rally in US stocks late last week, while most other Southeast Asian markets suffered losses. US stocks bounced back on Friday from early losses to close higher as investors viewed the day’s jobs data as less disappointing than first thought. Singapore’s Straight […]
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