Market News
U.S. stocks edge higher as Fed continues the stimulus measures
Tue, 05 Mar 2013 09:36:04 GMT
U.S. shares climbed on Monday, as the Federal Reserve pledged to extend its stimulus measures to bolster the largest economy's growth offsetting concerns over spending cuts. The Standard's & Poor >>
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Corn retreats despite rising US exports
Tue, 05 Mar 2013 09:03:04 GMT
Rural commodities were mixed on Monday, with softs moving higher and grains retreating. Softs found support on fears over spreading coffee leaf rust in Central America and talks that Brazilian >>
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Philippine Peso gains as stocks rise toward record high
Tue, 05 Mar 2013 08:41:03 GMT
The Philippine Peso rose as stocks jumped toward the highest level touched last week, while the nation's central bank said it might take steps to cap inflows. The Peso gained >>
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Brent oil declines on signs of weakening investment demand
Tue, 05 Mar 2013 08:30:05 GMT
Energy futures except for natural gas declined on Monday amid US fiscal uncertainties and slowing manufacturing sector in China. Investors continued to avoid risky assets ahead of USD85 billion in >>
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Aluminum plunges on rising LME stockpiles
Tue, 05 Mar 2013 08:08:03 GMT
Industrial metals apart from copper moved lower on Monday ahead of China's annual legislative session due on Tuesday. Elevated LME inventories as well as persistent global surplus added pressure on >>
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Silver slides despite robust China's demand
Tue, 05 Mar 2013 07:46:03 GMT
Precious metals dived on Monday on concerns that the Fed may end its bond-buying activities amid signs of economic recovery. At the same time, hopes for monetary stimulus in Japan >>
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Aussie rises as RBA keeps key rate unchanged
Tue, 05 Mar 2013 07:35:04 GMT
The Australian Dollar advanced versus most of the major peers as the RBA refrained from cutting the benchmark interest rate and kept it unchanged at 3%. The Aussie gained as >>
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Nikkei rises amid announced stimulus programme of BOJ
Tue, 05 Mar 2013 06:33:04 GMT
The Japanese Nikkei Stock Index edged higher on Monday's session hitting its highest level since September 2008, as the new governor of the Bank of Japan unveiled an unlimited monetary >>
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Australia's retail sales drop for third straight month in December
Tue, 05 Mar 2013 06:22:04 GMT
Retail sales in Australia shrank for the third time in a row in the month of December, putting pressure on the central bank to loosen its monetary policy and pushing >>
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German shares drop as Chinese service sector shranks
Mon, 04 Mar 2013 16:48:08 GMT
German equities extended their losses on Monday, as China's service sector contracted and U.S. spending cuts threatened the recovery of the world's largest economy. The DAX index tumbled 0.1% to >>
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U.K. shares decline amid week data on Chinese economy
Mon, 04 Mar 2013 16:29:03 GMT
U.K. equities dropped after report showed Chinese services contracted last month, and Chinese government tightened mortgage rules to curb the residential property market. The FTSE 100 Index slid 0.5% to >>
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Wall Street edges lower on Monday amid economy outlook
Mon, 04 Mar 2013 16:04:09 GMT
Shares on
Wall Street recorded losses after markets opened on Monday as unfavorable
outlook of global economic growth prompted investors to close their positions
in equities that are close to reaching their record >>
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Hong Kong equities down, as new mortgage rules approved
Mon, 04 Mar 2013 15:48:03 GMT
Hong Kong equities slumped on Monday, as investors took short positions in mainland markets after Beijing launched measures to curb the rising prices of property in China. Chinese government announced >>
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U.K. construction activity decreases most in 3-year period
Mon, 04 Mar 2013 15:09:03 GMT
Construction
activity in the U.K. dropped at the steepest pace in more than three years in
February as the output and new works recorded a notable reduction, the Markit
Economics survey showed on >>
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Japanese equities gain as Haruhiko Kuroda pledges for more stimulus
Mon, 04 Mar 2013 14:58:04 GMT
Japanese Nikkei 225 Index edged higher on Monday, as the nominee for central bank's position of governor outlined a sound policy to tackle deflation, as he pledged to not set >>
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