Shares were trading down on Thursday after an early rise met with resistance, a day after the BSE Sensex had climbed to its highest close in more than three weeks.
China's trade surplus narrowed in September for a second month in a row as growth of exports and imports both fell below forecasts, reflecting global economic weakness and offering Beijing ammunition to resist U.S. pressure on the yuan.
IMF said on Thursday that downside risks in Asia are rising due to Europe's debt woes and a U.S. slowdown
ECB's Executive Board member Jose Manuel Gonzalez-Paramo said on Thursday that the c.bank should be anchor of stability in times of crisis
Will the release of the iPhone 4s to Sprint (S) spark a renaissance in the wireless sector, including for longstanding iPhone carrier Verizon (VZ)?
Wednesday’s rally has taken the Dow Jones Industrial Average to break even for the year. It has also outperformed many foreign stock markets.
Some members of the Federal Open Market Committee (FOMC) were not quite satisfied with Operation Twist, the tool the Fed ultimately decided to announce in its September statement.
After Tuesday's scare, Slovakia seems poised to expand the size of the Eurozone bailout fund EFSF. In doing so, the EFSF's lending power will be expanded from 250 billion euros to 440 billion euros.
The U.S. stock market extended its rally on Wednesday as fears of a double-dip recession and global financial crisis continue to fade.
The Nigeria naira firmed sharply against the greenback on Wednesday after the central bank pumped dollars into the market and cleared all forex demand at its bi-weekly auction, signalling its determination to support the local currency.
South Africa could use its foreign exchange reserves if necessary to relieve market stress caused by global turmoil, Finance Minister Pravin Gordhan said on Wednesday.
Stock exchanges from six of the world's largest emerging markets will join forces to cross-list equity indexes derivatives, to target investor demand for fast-growing economies.
The recent weakness of the rand will benefit South African exporters and is positive for the economy, the treasurer general of the ruling African National Congress said on Wednesday.
More good news out of Europe continues to provide the fuel to drive the current risk-asset rally.
Service was briefly restored on Tuesday for a few hours, but then disrupted once again.
Brazil remains a hotbed of opportunity for those interesting in doing business internationally -- finding growth beyond the slow-growth U.S. borders.
U.S. stocks and other global risk assets traded higher on Wednesday on more good news out of Europe.
A rebound in Hong Kong and Shanghai shares helped lift most Asian stocks into positive territory Wednesday, but concerns that Europe's debt crisis has hurt confidence in the global economy and is weighing on corporate earnings limited gains.
India's wholesale price index probably rose 9.70 percent in September from a year earlier, easing slightly from 9.78 percent in August, a Reuters poll showed.Forecasts from 25 economists ranged from 9.2 to 9.9 percent.
New findings by the International Centre for Tropical Agriculture (CIAT) reveals that if preventive measures are not taken, the annual temperature increases and changing rainfall patterns would most likely hamper crop production efforts in West Africa, which currently supplies half of the world's cocoa produce.
Georgia's Camden County is considering a measure that would allow certain prison inmates to work alongside traditional firefighters, an effort that would reportedly save the county $500,000 a year.
Days before third quarter earnings season began on Tuesday with Alcoa’s (NYSE:AA) earnings report, many analysts were optimistic because expectations have been set so low.
U.S. stocks are mixed for much of Tuesday as investors weigh U.S. earnings optimism against worries from Europe.
Europe and global investors are nervously eyeing the outcome of the Slovakia vote on the expansion of the Eurozone bailout fund EFSF.
U.S. stocks are mixed on Tuesday as investors eye Slovakia's vote on the EFSF expansion and Alcoa's (NYSE:AA) earnings report. Investors seem upbeat as Alcoa shares have surged 2.78 percent in afternoon trading.
U.S. stocks are mixed Tuesday morning as investors wait for the result of a Slovak vote on the Eurozone bailout fund expansion.
Slovakia, one of the smallest members of the Eurozone, has the Eurozone waiting and global investors sweating.
Global risk assets on Tuesday are weighed by a snag in passing a measure to increase the size and powers of the Eurozone bailout fund EFSF.
U.S. stock futures are slightly down as investors await the results of a key Eurozone vote and Alcoa’s (NYSE:AA) earnings report.
Stock index futures pointed to a lower open on Wall Street on Tuesday following a brisk rally, with futures for the S&P 500 down 0.7 percent, Dow Jones futures down 0.6 percent, and Nasdaq 100 futures down 0.4 percent at 0938 GMT.
