World Markets

The prospect of the US finally easing borrowing costs is shaping trading across financial markets. The yield on 10-year US Treasuries declined two basis points to 3.79% during Asian trading

World Street | Wall Street sizzles amid weak jobs data, oil on a slippery slope, US yields cooling and more

Skimming through top global developments, we have all major averages in the US market ending higher overnight amid weak jobs data, followed by oil dropping to 4-month lows after OPEC+ announced to ease production curbs

Stocks wobble after busy week for central banks

In Europe, equities climbed with Frankfurt striking a new record after an upbeat session in Asia, which was lifted by hopes China will unveil fresh measures to kickstart growth.

Stock markets in 'bloodbath' as bank fears resurface

Global markets have been rattled by the collapse of tech sector lenders Silicon Valley Bank and Signature, the sector's biggest failures since the 2008 financial crisis.

India beats global markets: What propelled the rally this year

The BSE Sensex Index is up 3 percent so far in 2022, the biggest gain in the world after measures in Singapore and Indonesia. A solid run of earnings buoyed key benchmarks to record levels, making the market larger than the UK

Rupee closes higher against US dollar

The trend is unlikely to continue. Analysts expect the rupee to depreciate this month and likely surpass the 82.28 level amid continued strength in the dollar Index

Currencies around the world are tumbling. Except Bitcoin

The cryptocurrency has risen 6.5% over the past seven days, a surprisingly strong run that has caught the eye of crypto bulls and bears.

World markets plunge on growing recession fears

Wall Street extended losses Friday while European equities sank in afternoon deals and Asia finished lower.

Wall Street rises as bank stocks jump; healthcare vote eyed

Trump was set to make a final push to secure the votes to begin dismantling Obamacare in the House of Representatives

Geely, Volvo target world market with China-built luxury car

Outlining its latest strategy today, Volvo unveiled upgraded versions of its upscale S90 sedan range, which will be manufactured entirely in China for export, in a sign of confidence in its Chinese production base.

Ecom platform can give SMEs access to global markets: Teaotia

E-commerce platform is fast emerging as a new trend in global trade and SMEs should use this medium to get direct access to the world markets, a top government official said today.

Bank of England warns again on Brexit, holds rate

The Bank of England on June 16 warned that Britain's EU referendum next week was potentially the "largest risk" for world markets

Feeling global slowdown, Fed keeps interest rate unchanged

Giving a picture of the US economy that was less bullish than many had expected, the Fed still forecast continuing hikes to the benchmark federal funds rate this year, but at a slower pace than foreseen in December.

IMF official warns of market disorder from Fed rate hike

The International Monetary Fund's deputy managing director warned on Monday that there is "considerable" risk for negative spillover from the US Federal Reserve's pending interest rate hike.

See money flowing from euro into US dollars: Hans Goetti

According to Hans Goetti of Banque Internationale the ECB has delivered more than the market expected, which could eventually lead to quantitative easing and expansion of ECB balance sheet.

ECB, BoJ support pledges boost world shares

Equity markets around the world traded at their highest levels over the past few weeks due to the huge stimulus measures by Fed and other Japanese and European central banks.

World markets mixed after Japan market dip

The decline came after Bank of Japan Governor Haruhiko Karoda said over the weekend Japanese interest rates could rise without causing instability, despite the country's large national debt.

World stocks ease as US Fed stimulus seen less certain

Shares on world markets retreated on Thursday on dimmed expectations for new stimulus from the Federal Reserve and data showing slower global economic growth, while the euro rose after sources said Spain is in talks over conditions for aid to reduce its borrowing costs.

Jim Rogers not optimistic about anything but agriculture

World markets may be riddled with uncertainty, but billionaire investor Jim Rogers anticipates gains in one sector for years to come.

Arctic iron mine raises concerns over ship traffic

A truce called in a bidding war for Canada's Baffinland Iron Mines sets the stage for an environmental battle over the Arctic project and the impact of shipping the ore through ocean ice to world markets.