Market News




Market News

Aussie, Kiwi strengthen versus U.S. Dollar amid new budget limit hopes
Tue, 15 Oct 2013 07:58:05 GMT
 
The Australian and New Zealand's currencies jumped against the U.S. Dollar on Tuesday as markets become optimistic about a new deal on the U.S. federal debt limit curbing demand for >>
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Japan's stocks fluctuate amid U.S. debt limit hopes
Tue, 15 Oct 2013 07:47:07 GMT
 
Japan's equities swung between gains and losses on Tuesday with benchmark regional index recording a modest increase on hopes for a new debt limit deal in the U.S. and as >>
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Japan's industrial output slips more than forecast
Tue, 15 Oct 2013 07:30:58 GMT
 
Industrial output in Japan decreased more than economists originally expected in the month of August, a report released by the Ministry of Economy, Trade and Industry showed on Tuesday. The >>
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China's shares drop first time in 3 days
Tue, 15 Oct 2013 07:28:31 GMT
 
The majority of China's stocks dropped on Tuesday trading session with the regional benchmark index falling for the first time in a three-day period mainly due to a fall of >>
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Greenback gains as senators signal possible deal
Tue, 15 Oct 2013 07:17:06 GMT
 
The U.S. Dollar traded higher on Tuesday rising to the highest level in two weeks against the Japanese Yen as the U.S. Senate top representatives signaled that the federal budget >>
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U.S. stocks record modest gains on hopes for budget deal
Tue, 15 Oct 2013 07:06:02 GMT
 
Wall Street ended Monday's trading session with modest increases amid hopes that a deal in Washington between Barack Obama and congressional lawmakers resolve the debt ceiling deadlock soon. The Dow >>
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Asian stocks rise on hopes for deal in Washington
Tue, 15 Oct 2013 06:55:21 GMT
 
Asian equities advanced on Tuesday rising to the highest level in almost five months as investors become optimistic about a possible agreement between the U.S. President Barack Obama and House >>
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Danske Bank changes strategy and dismiss management staff
Mon, 14 Oct 2013 17:34:04 GMT
 
Danske Bank A/S, the largest bank in Denmark, has recently dismissed its main financial director, as the company is in process of changing its strategy. Moreover, a month earlier the >>
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SNB: currency ceiling should remain in power
Mon, 14 Oct 2013 17:23:03 GMT
 
Thomas Jordan, President of the Swiss National Bank, said on Monday that the franc-euro ceiling should remain in power in order to support economic growth in Switzerland. The ceiling of >>
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Singapore will allow currency appreciation
Mon, 14 Oct 2013 17:12:07 GMT
 
The Central Bank of Singapore will continue its policy of gradual national currency's appreciation, as the economic growth in the country was more positive than many economists estimated. Currency appreciation, >>
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Demand for electric vehicles in U.S. remains weak
Mon, 14 Oct 2013 17:01:03 GMT
 
Electric vehicle sales in the United States are stagnating, as the consumers are not sure about quality of batteries and overall usefulness of such cars. There were only 140,000 hybrid >>
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Natural gas prices surge amid negative weather forecasts
Mon, 14 Oct 2013 16:50:25 GMT
 
Futures for natural gas surged to its highest level in four months, as the fresh weather forecast predicts snowy and cold winter in the U.S., which can boost demand for >>
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World leaders trust in U.S. Treasuries
Mon, 14 Oct 2013 14:40:04 GMT
 
Finance ministers from the biggest countries, which hold U.S. government Treasuries, said on Monday that they fully trust in stability of U.S. financial liabilities and will not sell Treasuries, even >>
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Roche expands worldwide production
Mon, 14 Oct 2013 14:29:03 GMT
 
Roche Holding AG, a Swiss pharmaceutical company, plans to invest $880 million in order to boost production of its new biologic medicines, as the demand rises. The plan includes expanding >>
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U.K. shares little changed on U.S. deadlock
Mon, 14 Oct 2013 12:24:04 GMT
 
U.K. shares were little changed, after benchmark FTSE 100 Index advanced previous week, as U.S. officials continued to seek for a compromise. The FTSE 100 climbed 0.1% to 6,494.19 as >>
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