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  • A man looks at a mobile phone at the Tokyo Stock Exchange (TSE) in Tokyo

    HONG KONG/TOKYO (Reuters) - An index of Asian shares outside Japan fell close to this year's lows on Monday thanks to a deepening selloff in commodities and fresh concerns over slowing growth in China, while the dollar held its ground against a basket of currencies. In a blow to risk sentiment, a private survey showed …

  • Forex reserves up $322 million: RBI IANS - Sat 1 Aug, 2015 2:58 PM IST

    Mumbai, Aug 1 (IANS) After four consecutive weeks of decline, India's foreign exchange reserves grew by $322 million in the week ended July 24. Data furnished by the Reserve Bank of India (RBI), in its weekly statistical supplement, showed India's foreign exchange reserves during the week under review at $353.64 billion. …

  • Unemployment, inflation stable in 19-nation eurozo … Associated Press - Fri 31 Jul, 2015 6:08 PM IST

    Unemployment and inflation were stable in the 19-nation eurozone in early summer, when the Greek crisis was raging on and raising concerns over the outlook of the currency union. The European Union's statistical ...

  • Commodities, China stocks lick wounds after brutal … Reuters - Fri 31 Jul, 2015 2:38 PM IST
    Woman holding a parasol walks past a stock quotation board outside a brokerage in Tokyo

    Commodities and China investors waved a relieved goodbye to July on Friday following a brutal sell-off that has revived fears about the global economy and overshadowed more encouraging news from the U.S. and Europe. There were signs that the rout wasn't over yet as Chinese stocks - which have suffered their worst monthly …

  • Mexico ups dollar auction to $200 million to boost … Associated Press - Fri 31 Jul, 2015 2:33 AM IST
    Mexico ups dollar auction to $200 million to boost peso

    Mexico's central bank said Thursday it will increase dollar auctions from $52 million to $200 million per day through the end of September to stabilize the badly weakened peso. The Bank of Mexico also ...

  • Gathering rate hike hopes lift dollar, Treasury yi … Reuters - Fri 31 Jul, 2015 1:58 AM IST
    Genral view of trading floor of Frankfurt stock exchange in Frankfurt

    The dollar touched one-week highs and shorter-term U.S. Treasury yields rose on Thursday as accelerating U.S. gross domestic product data encouraged bets policymakers will start hiking U.S. interest rates ...

  • High volumes on Grexit fears lift Euronext profits CNBC - Thu 30 Jul, 2015 9:00 PM IST
    High volumes on Grexit fears lift Euronext profits

    Strong trading volumes in recent months triggered by heightened fears that Greece could leave the euro zone helped boost profits at Euronext.

  • Asian shares, dollar up on Fed's optimism; earnings … Reuters - Thu 30 Jul, 2015 11:18 AM IST
    A videographer films an electronic board showing the Japan's Nikkei average and related indexes is seen next to a computer showing the market indexes at the Tokyo Stock Exchange in Tokyo

    Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Federal Reserve painted a relatively bright picture of the economy, but a deepening sell-off in commodities kept gains in check. Prospects of stronger U.S. growth in coming months lifted Asian stocks in early trade, with Japan's …

  • Japan June factory output subdued, Q2 GDP contraction … Reuters - Thu 30 Jul, 2015 9:46 AM IST
    An employee of Ajinomoto Co checks packaging boxes of its Hon-Dashi, or bonito base seasoning, before packing into carton boxes on its packaging line at the company's Kawasaki factory in Kawasaki

    Analysts expect the economy to bounce modestly in the current quarter, helped by a pick-up in private consumption as household incomes improve, but some warn of a prolonged lull as China's economic slowdown takes its toll on external demand. Industrial production rose 0.8 percent in June from the previous month, trade …

  • Emerging currencies in the firing line amid Fed CNBC - Thu 30 Jul, 2015 12:58 AM IST
    Emerging currencies in the firing line as Fed meets

    Emerging market currencies were eyed by investors on Wednesday as weak oil prices, China's market pain and after the Federal Reserve left its interest rates unchanged.

More Currencies News »


  • Water & farmers: Things to know about AP-GfK drought poll

    A new Associated Press-GfK poll finds most Americans think of water as a limited resource that can be depleted if people use too much. When asked to rate priorities when water is scarce during a drought, ...

  • An oil field is seen at sunrise near Bakersfield

    Oil extended losses to multi-month lows on Monday on worries of oversupply as OPEC pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest oil consumer. Oil output by the Organization of the Petroleum Exporting Countries (OPEC) reached the highest monthly …

  • Gold steadied not far above a 5-1/2-year low on Monday, struggling to scale higher at the start of the month after its deepest loss in two years in July, as expectations for a near-term hike in U.S. interest rates kept sellers nearby. Gold's rout deepened last month as the dollar strengthened after upbeat U.S. economic …

  • New Delhi, Aug 3 (IANS) India's proposed gold monetisation scheme can prove a win-win for all stakeholders -- government, people and industry -- if it is incentivised and marketed well, even as the yellow metal will remain an attractive asset, according to the World Gold Council. The government can leverage it with recycling, …

  • New World Gold Corporation, a gold mining and milling company with existing operations in Ecuador and Peru wishes to announce its financial results for the 6 month period ending June 30, 2015.

  • British mining company Vedanta Resources faces legal action in London's High Court after a group of Zambian villagers said their water source and farmland was polluted by the firm's copper mining operations. Vedanta owns a 79.4 percent stake in Zambia's Konkola Copper Mines, which was also named by legal firm Leigh Day …

  • Canada's economy is shrinking — here's what's going … Business Insider - Sun 2 Aug, 2015 3:31 PM IST

    Canada's in rough shape. The country's statistics agency released GDP data on Friday that showed...

  • New Delhi, Aug 1 (IANS) Prime Minister Narendra Modi on Saturday called for higher ethanol content in petrol and a concerted effort to push exports in a bid to lower the current sugar surplus and protect the interests of farmers to whom factories owe an estimated Rs.15,000 crore in cane arrears.

  • Explore possibilities of sugar export, says Modi IANS - Sat 1 Aug, 2015 8:44 PM IST

    New Delhi, Aug 1 (IANS) Prime Minister Narendra Modi on Saturday called for exploring all possibilities for export of sugar to address the current supply-demand issues with regard to the sector. At a high-level meeting to review the issues related to the sugar sector, he took note of the current supply-demand issues with …

  • Business Highlights Associated Press - Sat 1 Aug, 2015 3:41 AM IST

    ___ Extended slump in oil taking toll on industry, economy As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in ...

More Commodities News »


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