Business / Stock Market

Chinese Yuan weakens to 6.3578 against USD 09 Nov 2015 - 09:28 am

Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 119 basis points to 6.3578 against the U.S....

China to link Shenzhen, HK stock markets this year: official 04 Nov 2015 - 09:29 am

Shanghai: China aims to link trading between the Shenzhen stock exchange and the Hong Kong market this year, the central bank chief said,...

Wall Street opens higher ahead of factory data 02 Nov 2015 - 06:01 pm

U.S. stocks opened higher on Monday as investors assessed reports on factory activity from China and Germany, ahead of U.S. manufacturing data. The...

Bearish economic data dents Indian markets; Sensex down 219 points 02 Nov 2015 - 11:21 am

Falling Asian markets and increased chance of a US rate hike are some of the reasons for the plunge in Indian stock market. ...

Asian stocks, dollar retreat on weak Chinese manufacturing data 02 Nov 2015 - 08:56 am

Tokyo: Asian stocks dipped in early trade Monday, while the dollar retreated against most regional currencies as a weak reading in a Chinese...

Nintendo shares plunge on smartphone game delay 29 Oct 2015 - 09:09 am

Tokyo: Shares in Japanese videogame giant Nintendo plunged as much as 10 percent in Tokyo on Thursday morning, weighing on the Nikkei index,...

European shares rise as Riksbank helps ease Fed wait 28 Oct 2015 - 02:10 pm

By Marc Jones London: European stocks rose for the first time in three sessions on Wednesday after Sweden's central bank increased its bond-buying...

Asia traders run for safety as US data fuels worries 28 Oct 2015 - 10:50 am

Hong Kong: Weak US economic data dented confidence on Asian trading floors Wednesday, sending investors running for safe investments ahead of policy announcements...

Nikkei gains on stimulus hope, Fed weighs on rest of Asia 28 Oct 2015 - 10:28 am

HONG KONG (AP) -- Japanese stocks rose Wednesday as investors bet on another shot of stimulus from the country's central bank while other...

ABN Amro confirms IPO before year-end 27 Oct 2015 - 02:35 pm

The Hague: Dutch bank ABN Amro confirmed Tuesday plans to sell the first of its state-owned shares in an initial public offering later...

Asian stocks down as China leaders meet, Fed reviews policy 27 Oct 2015 - 10:02 am

Traders gather on the floor of New York Stock Exchange. Reuters By Youkyung Lee Seoul, South Korea: Asian stock markets were lower on...

Japan Post IPO raises $11.6 bn in year's biggest share sale 26 Oct 2015 - 01:12 pm

Tokyo: Japan Post has raised $11.6 billion in a long-anticipated initial public offering, fresh data showed Monday, with the shares set to start...

China rate cut lifts most Asia stocks but concerns remain 26 Oct 2015 - 10:39 am

Hong Kong: Asian traders on Monday welcomed China's decision to cut borrowing costs again and remove a cap on savings rates ahead of...

Asian stocks advance on China rate cut, U.S. tech earnings 26 Oct 2015 - 09:11 am

Businessmen look at their mobile phones in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 23, 2015....

Stocks rally, euro falls as ECB open to more stimulus 22 Oct 2015 - 06:21 pm

Traders work on the floor of the New York Stock Exchange shortly after the opening of the markets in New York on October...

Ferrari prices IPO at $52/share, top of range: source 21 Oct 2015 - 09:31 am

New York: Ferrari, the inimitable Italian luxury sports car maker, earned a strong $52-a-share price Tuesday for its initial public offering in New...

Anxiety over Q2 results depresses markets; Sensex down 159 points 12 Oct 2015 - 02:53 pm

MUMBAI: Investor-anxiety over the ongoing quarterly results subdued Indian equity markets on Monday and led a barometer index to provisionally close with loss...