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  • Wall Street jumps at open after Fed's massive stimulus, jobless claims data Apr 09, 2020 07:40 PM IST

    Wall Street jumps at open after Fed's massive stimulus, jobless claims data

    The Dow Jones Industrial Average rose 257.09 points, or 1.10 percent, at the open to 23,690.66.

  • Trump says pharma companies are 'getting away with murder Jan 11, 2017 10:44 PM IST

    Trump says pharma companies are 'getting away with murder

    US President-elect Donald Trump on Wednesday said pharmaceutical companies are "getting away with murder" in the prices that they charge the government for medicines, and promised that would change.

  • Oil prices soar on global producer deal to cut crude output Dec 12, 2016 09:18 AM IST

    Oil prices soar on global producer deal to cut crude output

    Brent crude futures, the international benchmark for oil prices, soared to USD57.89 per barrel in overnight trading between Sunday and Monday, the highest level since July 2015.

  • Oil edges back in Asia after sharp losses Aug 30, 2016 11:54 AM IST

    Oil edges back in Asia after sharp losses

    Both main contracts tumbled yesterday after Federal Reserve boss Janet Yellen indicated a possible US rate hike this year, sending the greenback rallying and making crude more expensive to holders of other currencies.

  • Oil prices down in Asia, Brent stays below $50 Aug 24, 2016 10:52 AM IST

    Oil prices down in Asia, Brent stays below $50

    Prices had closed higher yesterday on news that Iran was willing to join calls by OPEC and Russia for production curbs after scuttling previous efforts to reach a deal in April.

  • Oil futures mixed, face weekly decline as glut fears persist Jul 22, 2016 08:12 AM IST

    Oil futures mixed, face weekly decline as glut fears persist

    Brent crude was up 5 cents at USD 46.25 a barrel. The global benchmark closed 97 cents, or 2.1 percent, lower on Thursday. Brent is on track for a decline of around 3 percent this week.

  • Oil prices up as global markets recover post Brexit Jul 01, 2016 10:00 AM IST

    Oil prices up as global markets recover post Brexit

    South Korea has promised of USD 17 billion in stimulus and speculation swirls that Japan is planning to further loosen monetary policy while the chances of the US raising interest rates have all but evaporated.

  • Oil prices fall as supply outlook improves Jun 30, 2016 08:00 AM IST

    Oil prices fall as supply outlook improves

    International Brent crude oil futures were trading at USD 50.10 per barrel at 0126 GMT, down 51 cents, or 1 percent, from their last settlement. U.S. West Texas Intermediate (WTI) crude futures were down 38 cents, or 0.76 percent, at USD 49.50 a barrel.

  • Oil prices rise on Norway strike threat; Brexit shock fades Jun 29, 2016 07:02 AM IST

    Oil prices rise on Norway strike threat; Brexit shock fades

    International Brent crude futures were trading at USD48.76 per barrel at 0019 GMT (08:19 p.m. EDT), up 18 cents from their last settlement. US West Texas Intermediate (WTI) crude was up 30 cents at USD48.15 a barrel.

  • Oil prices flat ahead of OPEC meeting Jun 02, 2016 09:30 AM IST

    Oil prices flat ahead of OPEC meeting

    Few people are expecting a deal to cap production, with Iran already declaring it is unwilling to take part in any such deal at the Organization of the Petroleum Exporting Countries talks.

  • China shares tumble in late trade as Asia markets sell off Jan 11, 2016 04:30 PM IST

    China shares tumble in late trade as Asia markets sell off

    The Shanghai composite tumbled 168 points, or 5.29 percent, to 3,017.99, while the Shenzhen composite plunged 130.61 points, or 6.6 percent, to close at 1,848

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