Business / Stock Market

Asian markets up after Wall St rallies on strong US data 23 Dec 2015 - 08:47 am

Hong Kong: Asian stock markets extended their gains Wednesday, with buying supported by another Wall Street rally as a positive reading on US...

Spanish shares lead Europe lower after fragmented election result 21 Dec 2015 - 11:49 am

LONDON: Spain's top stock index led European shares down on Monday after an inconclusive election result cast fresh uncertainty over the outlook for...

South Africa's rand posts modest gain, stocks ease 21 Dec 2015 - 10:24 am

JOHANNESBURG: South Africa's rand rose slightly on Monday, with subdued trade ahead of the holidays calming markets after the previous week's volatility driven...

China's blue-chip index jumps to 4-month high inspired by Vanke 21 Dec 2015 - 10:18 am

A man looks at an electronic board showing stock information at a brokerage house in Beijing, China, in this December 17, 2015 file...

Tokyo stocks open lower on yen, Wall St losses 21 Dec 2015 - 08:15 am

Tokyo:Tokyo stocks opened modestly lower as a stronger yen took a bite out of exporters Monday, as investors await US and Japanese economic...

No cheer as China yuan hits 4-1/2-year low, oil at 7-year low 11 Dec 2015 - 01:23 pm

By Dhara Ranasinghe LONDON: World stocks were on the brink of a two-month low on Friday, as beaten-down oil prices and a slide...

China stocks end firmer as investors switch into tech from property 07 Dec 2015 - 10:10 am

SHANGHAI: China stocks edged up on Monday, with investors rotating from property companies back into tech and healthcare, sectors that Beijing hopes will...

IMF poised to put Chinese yuan in elite currency basket 29 Nov 2015 - 08:56 am

Washington: The International Monetary Fund is expected to approve inclusion of China's yuan in its SDR basket of elite currencies on Monday, rewarding...

Asia airlines hit as Turkey jet strike sparks geopolitical fear 25 Nov 2015 - 10:24 am

Hong Kong: Asian stock markets retreated Wednesday, with airlines taking a hit as dealers fret over increased geopolitical tensions following the downing of...

Dollar holds euro gains but dips against emerging units 24 Nov 2015 - 09:16 am

Tokyo: The dollar held its gains against the euro Tuesday as markets bet on a Federal Reserve rate hike next month, while emerging...

Stronger dollar boosts Asian shares but hits commodities 23 Nov 2015 - 09:04 am

Hong Kong: Growing confidence the US will raise interest rates next month boosted stocks in Asia on Monday and helped the dollar cement...

Oil prices up on France IS strikes, stockpiles data 19 Nov 2015 - 09:18 am

Singapore: Oil prices rose in Asian trade Thursday as Europe struck back against the Islamic State (IS) group after the Paris attacks and...

European stocks rise sharply, Greek shares surge after deal 17 Nov 2015 - 01:49 pm

By Atul Prakash LONDON: European shares climbed in early trading on Tuesday, helped by encouraging updates from companies such as Germany's United Internet...

Chinese Yuan advances to 6.374 against USD Tuesday 17 Nov 2015 - 09:36 am

Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 10 basis points to 6.374 against the U.S....

Paris attacks weigh on Airline, travel stocks but impact seen short-lived 16 Nov 2015 - 12:12 pm

Asian stocks tumbled following terror attacks in Paris. EPA Singapore: Airline and travel-related stocks tumbled in Asia Monday following the deadly terror attacks...

Hong Kong stocks open lower after Paris horror 16 Nov 2015 - 08:24 am

Hong Kong: Shares in Hong Kong tumbled in early trade Monday as nervousness set in following the weekend terror attacks in Paris, while...

IndiGo shares surge on Indian airline's trading debut 10 Nov 2015 - 09:59 am

President of InterGlobe Aviation Limited Aditya Ghosh holds a memento during the company's listing ceremony at the National Stock Exchange (NSE) in Mumbai,...