Apr 30, 2016 at 12:12 | Source: Reuters
The yen posted its biggest weekly gain since the 2008 financial crisis, also spurred by a weak reading of US economic growth in the first quarter on Thursday and the Federal Reserve's cautious tone this week.
Apr 29, 2016 at 18:16 | Source: CNBC-TV18
Oil prices may be on an upturn over the past few weeks, bouncing back from USD 27 lows to about USD 48 now, but Thomas Pugh of Capital Economics says he wouldn't be surprised to see a fall going forward.
Apr 29, 2016 at 08:50 | Source: PTI
The Indian Government, he said, is ready to negotiate "with an open mind" and "a great sense of confidence" about its place in the global economy.
Apr 29, 2016 at 07:34 | Source: PTI
According to the Economic and Social Survey of Asia and the Pacific, released today, that forecast, however, is clouded by uncertainty and threatened by a significant increase in private debt, the risk of higher interest rates in the US and a slowdown in regional exports to China.
Apr 28, 2016 at 12:37 | Source: CNBC-TV18
In view of the decisions taken by the BoJ on holding off stimulus and keeping rates unchanged, UBS' Hartmut Issel feels this may lead to a rate hike by the US Federal Reserve by September.
Apr 28, 2016 at 10:11 | Source: Reuters
Gross domestic product probably rose at a 0.7 percent annual rate after a 1.4 percent pace in the fourth quarter, according to a Reuters survey, also as businesses stepped up efforts to reduce unwanted merchandise clogging up their warehouses.
Apr 28, 2016 at 08:15 | Source: Reuters
Stocks in the telecom and utilities sectors, seen as proxies for fixed income returns when Treasury yields are expected to remain low, rose sharply after the Fed's announcement. That indicates market participants expect US government yields to remain subdued.
Apr 28, 2016 at 07:36 | Source: PTI
The bilateral agreement comes weeks after the Panama Papers, a series of reports around the world revealing how one Panamanian law firm set up offshore entities to help the world's wealthy stash their assets.
Apr 26, 2016 at 22:08 | Source: PTI
Global pharmaceutical industry willsee annual earnings growth of 3-4 per cent over the next 12-18months as solid underlying fundamentals mitigate the effect ofthe strong US dollar and increasing scrutiny of drug prices,said Moody's Investors Service.
Apr 20, 2016 at 11:29 | Source: Moneycontrol.com
As for the global rally, it is more technical in nature than fundamental, and it has had a helping hand from China which has decided to go slow on devaluing its currency, says Pramod Gubbi, Director-Institutional Sales, Ambit Singapore.