Indian shares fell over 1 percent on Wednesday, dragged by auto stocks after disappointing December sales data, while stocks across the globe started 2019 on a downbeat note. The benchmark BSE index closed down 1

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China stocks started 2019 on a bearish note, closing lower on Wednesday, as lacklustre economic data stoked worries about a global slowdown. The blue-chip CSI300 index fell 1.4 percent to 2,969.54 points, while the Shanghai

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European shares lost further ground in their first trading day of 2019 on Wednesday as fears about global growth, trade wars and political instability rolled over into the new year while investors sought safety in

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The Colombo stock index ended 0.16 percent firmer at 6,062.20 on Wednesday. The bourse lost 5 percent in 2018. Turnover was 211.5 million rupees, well below last year's daily average of 834 million rupees. Foreign

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Australian shares ended lower on Wednesday on the first trading day of the year as a disappointing Chinese manufacturing survey raised concerns about the health of the world's second largest economy and Australia's largest trading

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British shares clawed back losses on Wednesday to end the year's first trading day on a positive note after a disastrous 2018, helped by investor appetite for stocks deemed less risky and also by a

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Vijaypat Singhania thought he was keeping his billion-dollar Indian textile empire in the family when he gifted control of the Raymond Group to his son Gautam three years ago. But their relationship has disintegrated spectacularly

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China's central bank has relaxed its conditions on targeted reserve requirement cuts to benefit more small firms, in the latest move to support the slowing economy. The People's Bank of China will include loans for

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Supervisors at the European Central Bank said Wednesday they had ordered temporary administrators to take over floundering Italian lender Banca Carige, after most of its board resigned. Five departures "made the installation of temporary administration

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Indian state-owned fuel retailers have stopped absorbing a government-mandated cut of 1 rupee (0.014 US cents) a liter in their marketing margins on the sale of petrol and diesel due to a steep fall in

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