Global stocks rally as dollar gives respite; crude falls further
Mar 13, 2015 at 03:15 | Source:
NEW YORK (Reuters) - Stocks on major markets rose on Thursday as the dollar softened the most in a month against major currencies after surprisingly weak U.S. data.The U.S. currency retraced its gains after earlier hitting a 12-year high versus the e...
Gold snaps eight-day losing streak as dollar retreats
Mar 13, 2015 at 02:30 | Source:
LONDON (Reuters) - Gold rose on Thursday as a retreat in the dollar from 12-year highs arrested an eight-session slide, but expectations that U.S. interest rates will rise sooner rather than later kept prices under pressure.Spot gold was at $1,160.40...
Shaky currency: Understanding the rupee's fall when macros are stable
Mar 12, 2015 at 14:18 | Source:
The decline in the rupee in the last few days comes as a surprise considering that the external situation appears to be stable and comfortable. The recent CAD numbers suggest that the deficit is low and the fact that the forex reserves are rising and...
Check out: A beefy 90-kg Aamir Khan is all set to wrestle in Dangal
Mar 12, 2015 at 13:18 | Source:
After the tremendous success of PK, Aamir Khan is gearing up to play the role of a wrestler in Nitesh Tiwari's Dangal. While Khan had already attemptedgetting ripped for his 2013 release, Dhoom:3, for his Dangal role he has already bulked up to almos...
India's economy recovering, reforms vital - IMF
Mar 12, 2015 at 00:15 | Source:
NEW DELHI (Reuters) - India's economy is recovering and its ability to withstand external shocks has improved, but growth is likely to fall short of government targets, the International Monetary Fund said on Wednesday.In an annual report, the IMF fo...
IMF ups India growth forecast to 7.2% for current fiscal
Mar 11, 2015 at 19:12 | Source:
Washington: Terming Indian economy a "bright spot" on the global economic landscape, IMF today raised its growth forecast for the current fiscal to 7.2 percent, even as it called for steps to revitalise the investment cycle and accelerate s...
Guinea calls Oct. 11 presidential vote, opposition protests
Mar 11, 2015 at 05:45 | Source:
CONAKRY (Reuters) - Guinea will hold the first round of a presidential election on Oct. 11, the West African nation's electoral commission said on Tuesday, a decision opposition parties called unconstitutional. President Alpha Conde is widely seen as...
Dollar rallies on Fed rate views; Global stocks, oil slide
Mar 11, 2015 at 02:45 | Source:
NEW YORK (Reuters) - The U.S. dollar rallied across the board on Tuesday as the prospect of the first rise in U.S. interest rates in almost a decade stoked global volatility, hitting stocks and oil prices.A resetting of the likely timing of the first...
Gold drops to three-month low on dollar, U.S. rate expectations
Mar 11, 2015 at 02:30 | Source:
LONDON (Reuters) - Gold fell almost 1 percent to a three-month low on Tuesday as the dollar rose to a near 12-year peak versus the euro on renewed expectations of a mid-year hike in U.S. interest rates. Spot gold dropped to its lowest since Dec. 1 at...
October-December current account deficit narrows
Mar 10, 2015 at 23:30 | Source:
MUMBAI (Reuters) - India's current account deficit narrowed in October-December from the previous quarter on the back of slumping oil price and analysts said it should move into surplus in early 2015 for the first time in eight years.The deficit reac...
A look at the three French athletes who died in helicopter crash
Mar 10, 2015 at 16:49 | Source:
Three French athletes were among the 10 people who died as two helicopters filming a reality show crashed in a remote part of Argentina on Monday:Here's a brief look at their careers:CAMILLE MUFFATCamille Muffat won the gold medal in the 400-meter fr...
Bangladesh expels North Korea envoy over gold smuggling
Mar 10, 2015 at 12:12 | Source:
Bangladesh has expelled a North Korea diplomat caught trying to smuggle 27kg (59lb) of gold into the country. Son Young-nam, the first secretary of North Korea's Dhaka embassy, was stopped as he arrived in Bangladesh via Singapore on Friday. He ...
Three French Olympians among 10 killed in helicopter crash in Argentina
Mar 10, 2015 at 10:52 | Source:
Buenos Aires: Two helicopters carrying French sports stars filming a popular European reality show crashed in a remote part of Argentina, killing 10 people, including two Olympic medal winners and a sailing champion, authorities said.The helicopters ...
Gold holds near three-month low on U.S. rate expectations
Mar 10, 2015 at 09:45 | Source:
SINGAPORE (Reuters) - Gold was stuck near three-month lows on Tuesday on renewed expectations of a mid-year hike in U.S. interest rates and as the dollar scaled a fresh 11-year peak. Spot gold was little changed at $1,166.66 an ounce by 0253 GMT, clo...
Dollar at 3-month peak on yen, Nikkei climbs
Mar 10, 2015 at 08:45 | Source:
SYDNEY (Reuters) - The U.S. dollar neared multi-year highs on the yen and euro in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while markets looked past a surprisingly high reading on Chinese inflation.The dollar climb...
Gold holds near three month low on US rate expectations
Mar 10, 2015 at 07:15 | Source:
SINGAPORE (Reuters) - Gold was stuck near three-month lows on Tuesday on renewed expectations of a mid-year hike in U.S. interest rates and as the dollar scaled a fresh 11-year peak. FUNDAMENTALS* Spot gold XAU= was little changed at $1,166.26 an oun...
Dollar at three month peak on yen, China data awaited
Mar 10, 2015 at 06:15 | Source:
SYDNEY (Reuters) - The U.S. dollar held near multi-year highs on the yen and euro on Tuesday amid starkly different outlooks for global interest rates, while Asian investors braced for more economic news from China.The dollar was nearing major chart ...