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Archive for the December 30, 2016

  • Indian shares were little changed on Thursday in typical year-end thin trade, tracking subdued Asian peers while caution also set in ahead of the expiry of futures and options contracts later in the day. Asian

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  • China stocks were little changed on Thursday, with optimism spurred by fading liquidity stress but investors kept wary by the prospect of regulatory measures to curb aggressive investment in stocks by insurers. The blue-chip CSI300

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    • News Desk
    • Dec 30th, 2016
    • Comments Off on European shares ease as miners, banks fall

    European shares opened slightly lower on Thursday as miners fell and Italian banks and Credit Suisse led banking shares lower. The pan-European STOXX 600 index was down 0.3 percent. Volumes were subdued during the last

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  • Taiwan stocks fell on Thursday, tracking regional markets, as investors booked profits after the main index rallied to a one-week high in the previous session as trading winds down for the year. Friday will be

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  • Most Southeast Asian stock markets closed higher in thin trade on Thursday despite a subdued start following an overnight fall in Wall Street partly due to weak US home resales data. Contracts to buy previously

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    • News Desk
    • Dec 30th, 2016
    • Comments Off on FTSE sets record closing high as gold miners shine

    Britain's top share index posted its highest-ever closing level on Thursday following a rally in precious metals miners on stronger gold prices, although weaker banks dragged down a pan-European index in holiday-thinned trade. Gold miner

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  • The dollar sagged against the yen on Thursday, weighed down by US yields slipping to two-week lows and an ebb in risk appetite that favoured the safe-haven Japanese currency. The dollar was down 0.4 percent

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  • The dollar slipped to a two-week low against the yen on Thursday, mirroring a fall in US bond yields as weaker-than-expected economic data weighed on the greenback and waning risk appetite boosted Japan's safe-haven currency.

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    • News Desk
    • Dec 30th, 2016
    • Comments Off on Early trade in New York: Dollar falls against yen

    The US dollar hit a 15-day low against the yen on Thursday as traders used the quiet holiday period to take profits on the dollar's recent gains, while a drop in US Treasury yields on

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    • News Desk
    • Dec 30th, 2016
    • Comments Off on Dollar climbs against sterling in New York

    The US dollar hit its highest level in two months against the sterling on Wednesday on concerns over next year's Brexit negotiations, while expectations of higher US economic growth also underpinned the greenback. Sterling fell

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