RBI's rupee management undermines hedging push
The Reserve Bank of India`s intervention to temper the rupee`s rise is inflating foreign exchange hedging costs, impeding its own efforts to bolster Corporate India`s defences against potential currency turbulence.
Apr 21, 2015, 11:20 AM IST
G-20 finance officials confronting global weakness
Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring US dollar to a big drop in oil prices.
Apr 18, 2015, 00:11 AM IST
Global shares fall on China margin crackdown, dollar gains
Global equity markets fell on Friday as a crackdown on margin lending in China sent ripples around the world, while the dollar gained on rising U.S. consumer price data that should keep the Federal Reserve on track to raise interest rates this year.
Apr 18, 2015, 00:07 AM IST
Hedge fund Citadel hires Bernanke as consultant
Former US Federal Reserve chairman Ben Bernanke has been hired as a consultant by the Citadel hedge fund, the company announced Thursday.
Apr 16, 2015, 22:32 PM IST
Gold rises above $1,200 an ounce as dollar turns lower
Gold rose 1 percent above $1,200 an ounce on Wednesday, as the dollar turned weak late in the session after weaker than expected U.S. economic data, while stronger U.S. and European stocks limited the metal`s upside.
Apr 16, 2015, 01:42 AM IST
OECD chief credits loose monetary policy for averting catastrophe
The head of the OECD on Wednesday credited a wave of loose monetary policy for preventing a global economic collapse, but warned it was now up to governments to lift growth and safeguard their economies.
Apr 15, 2015, 16:22 PM IST
Gold price falls on firmer dollar as US rate hike bets intact
Gold dropped for a fifth session in six on Tuesday as a firmer dollar eroded modest gains to drag bullion back below $1,200 an ounce, while prices are likely to come under further pressure amid a looming hike in U.S. interest rates.
Apr 14, 2015, 13:28 PM IST
Gold price slips on renewed bets for US rate hike in June
Gold retreated for a third session in a row on Thursday after comments from Federal Reserve officials and minutes of the U.S. central bank`s meeting last month suggested that a rate increase in June remained on the cards despite recent weak data.
Apr 09, 2015, 09:21 AM IST
Japanese shares hit 15-year high, BOJ stays the course
The Bank of Japan disappointed some by ending a two-day policy meeting with no new steps in its already massive bond-buying campaign, nudging the dollar down on the yen.
Apr 08, 2015, 09:59 AM IST
Gold price retreats from seven-week top as dollar firms
Gold steadied below a seven-week high on Tuesday as the dollar regained momentum, although uncertainty about the timing of a U.S. interest rate hike kept bullion above $1,200 an ounce.
Apr 07, 2015, 15:56 PM IST
US Fed's moves won't have much impact on policy stance: Rajan
Reserve Bank Governor Raghuram Rajan on Tuesday said the US Fed's move is unlikely to have much bearing on his policy decisions.
Apr 07, 2015, 15:49 PM IST
Gold price today: Latest updates
Gold prices climbed by Rs 386 to Rs 26,983 per 10 grams in futures trade Monday as speculators created fresh positions taking positive cues from the global market.
Apr 06, 2015, 19:52 PM IST
Gold price extends gains as weak US jobs data dents rate-hike hopes
Gold gained for a second straight session to trade near a three-week high on Monday after U.S. jobs rose at the slowest pace in more than a year, fuelling expectations the Federal Reserve could postpone an anticipated rate increase.
Apr 06, 2015, 16:40 PM IST
Gold price reclaims Rs 27,000-mark but fails to log weekly gain
Gold resumed lower at Rs 26,425 and drifted further to Rs 26,220 before concluding at Rs 26,630 as compared with last weekend's close of Rs 26,565.
Apr 04, 2015, 17:47 PM IST
US job growth brakes sharply, clouds Fed rate hike timing
Nonfarm payrolls rose 126,000 last month, less than half February`s pace and the smallest gain since December 2013, the Labor Department said on Friday.
Apr 03, 2015, 22:48 PM IST
US Treasuries rally, equity futures drop after jobs data
The US jobs data reduced the market`s expectations for a Federal Reserve interest rate increase by September.
Apr 03, 2015, 22:45 PM IST
US job growth weakest since 2013; unemployment rate steady
Nonfarm payrolls increased 126,000 last month, the smallest gain since December 2013, the Labor Department said on Friday.
Apr 03, 2015, 18:45 PM IST
Asian shares up in quiet trade before US jobs data
Asian markets rose on Friday in holiday-thinned trade as investors looked ahead to the release of US jobs data later in the day, while Shanghai retreated on profit-taking after a recent rally.
Apr 03, 2015, 17:44 PM IST
Market uncertainty tempers forecasts for equities' gains this year
Uncertainty surrounding the timing of the U.S. Federal Reserve`s interest rate hike has tempered analysts` forecasts for stock market gains this year, Reuters polls showed on Tuesday.
Mar 31, 2015, 19:21 PM IST
'Sensex to hit record high in 2015, but analysts cut forecasts'
Foreign investors have played a key role in India`s bull market, pumping in $16.1 billion in 2014 and $5.8 billion so far this year.
Mar 31, 2015, 13:56 PM IST
