Market News

U.S. blue chips edged higher, as benchmark gauges touched their highest levels in five years after lawmakers voted to delay the country's borrowing limit. The Dow Jones Industrial Average surge >>

U.S. equities climbed after lawmakers decided to temporarily delay the federal debt-ceiling and technology shares surged on corporate profits that beat estimates. The S&P 500 index advanced 0.2% to 1,494.81. >>

India's Rupee declined the most in 2 weeks as the IMF revised down its global growth outlook. According to the IMF's statement, the world economy will grow 3.5% this year, >>

Industrial metals, excluding copper, moved higher despite a strong downward pressure from global growth concerns. The IMF cut its forecast for global economy from 4.1% to 3.5% for 2013. Meanwhile, >>

Taiwan's Dollar forwards fell the most in a week amid speculation officials will curtail currency advance to prop up exporters. One-month non-deliverable forwards declined 0.2% to NT$29 against the U.S. >>

The South Pacific currencies gained against the Japanese Yen after data showed China's manufacturing activity accelerated at the fastest pace in 2 years, improving outlook for exports of commodities. The >>

Precious metals except for silver slid on Wednesday as stronger US Dollar after the Bank of Canada left its interest rates unchanged put heavy pressure on the commodity complex. The >>

Japan's currency fell as improving manufacturing in China curbed demand for safety of the Yen, along with North Korea's test of nuclear weapons that damped investors' interest in region's assets. >>

German shares stayed little unchanged prior to the U.S. House of Representatives vote to stem the nation's borrowing limit. By suspending the decision on the debt-limit, Republicans aim at meeting >>

U.K. equities stayed flat on Wednesday close to their highest since May 2008 on better-than-expected unemployment data and Prime Minister's announcement to hold a referendum on exiting the European Union >>

Copper futures with settlement for three months were lower by 0.4% to $8,098 a metric ton on London Metal Exchange during Asian trading session on Wednesday. The metal price declined >>

Hong Kong stocks retreated as investors closed their positions on growth-sensitive outperformers. The Hang Seng index closed down 0.1% at 23,635.1 points after closing at the highest level on Tuesday. >>

Switzerland's economic sentiment improved for the fourth time in a row as a sign of better times for the economy, however the majority of economists see the economic situation will >>

The number of British people applying for unemployment benefits surprisingly decreased in December to the lowest level since the middle of 2011, the Office of National Statistics reported on Wednesday. >>

The Ruble strengthened by 0.1% to 30.2250 per U.S. Dollar by midday in Moscow trading session on Tuesday, after reaching a 30.1650 level, the strongest since 11th of May. The >>