Fed debated April rate hike but caution reigned due to global fears: Minutes
Federal Reserve policymakers debated last month whether an interest rate hike would be needed in April though a consensus emerged that risks from a global economic slowdown warranted a cautious approach.
Apr 06, 2016, 23:49 PM IST
Philippines can recover big chunk of stolen Bangla millions: MP
Almost half of the USD 81 million that hackers stole from Bangladesh and funnelled into Philippine casinos can still be recovered, a senior Filipino lawmaker investigating the audacious cyber heist said on Thursday.
Mar 31, 2016, 14:35 PM IST
Gold price heads for biggest quarterly rise in nearly 30 years
Gold has climbed 16 percent in the first three months of this year, its biggest quarterly rise since 1986, as concerns over global growth battered equities and sparked a wave of safe-haven buying.
Mar 31, 2016, 09:49 AM IST
Rupee gains 17 paise to end at 3-month high Vs USD
Extending its gains for fourth trading day, the rupee on Wednesday surged by 17 paise to close at three-month high of 66.37 per dollar on sustained selling of dollars by banks and exporters amid firm stock markets.
Mar 30, 2016, 19:34 PM IST
Sensex zooms over 438 points; Nifty reclaims 7,700-mark
The 50-share NSE Nifty reclaimed the 7,700-level by gaining 138.20 points to 7,735.20.
Mar 30, 2016, 16:04 PM IST
Wall Street flat as investors pause after 5-week rally
Wall Street flip-flopped between meager losses and gains on Monday as investors sought fresh trading catalysts after a five-week rally that helped stocks recover from a rout this year
Mar 21, 2016, 22:46 PM IST
A plea for help: How China asked the Fed for its stock crash play book
The Chinese market crash triggered steep declines across global financial markets and within a few hours the Fed sent China`s central bank a trove of publicly-available documents detailing the US central bank`s actions in 1987.
Mar 21, 2016, 15:40 PM IST
US stocks extend gains after Fed statement
US stocks ticked up as investors assessed the US Federal Reserve's policy announcement as well as oil recovery.
Mar 18, 2016, 07:46 AM IST
US Federal Reserve keeps interest rates unchanged
The US Federal Reserve kept its benchmark short-term interest rates unchanged as widely expected, noting that "global economic and financial developments continue to pose risks" to the US economy.
Mar 17, 2016, 04:18 AM IST
US Fed holds rates steady as economy grows despite global risks
The Federal Reserve held interest rates steady on Wednesday, but indicated that moderate US economic growth and "strong job gains" would allow it to resume tightening monetary policy this year.
Mar 16, 2016, 23:53 PM IST
IMF warns G20 that world economy 'highly vulnerable'
The International Monetary Fund has warned that the world economy is "highly vulnerable" and called for new mechanisms to protect the most vulnerable countries.
Feb 25, 2016, 11:22 AM IST
Janet Yellen inspires fresh rout on global stock markets
World stock markets slumped Thursday, gripped by yet another fierce sell-off after a warning by Federal Reserve boss Janet Yellen over the global economy, while oil fell close to 12-year lows.
Feb 11, 2016, 17:46 PM IST
Gold steadies below seven-and-a-half month high after Yellen comments
Gold prices stabilized below a 7-1/2-month high on Wednesday after U.S. Federal Reserve Chair Janet Yellen said that only "gradual" adjustments to monetary policy were likely and stressed that global headwinds could hurt U.S. growth.
Feb 11, 2016, 02:57 AM IST
Janet Yellen warns of domestic, global risks to US economy
Expressing concerns that were not nearly as pronounced the last time she spoke publicly in December, Yellen said in prepared testimony to Congress that the outlook for the US economy had become more cloudy.
Feb 10, 2016, 21:34 PM IST
`Uncertainty` over China`s yuan fuels market turmoil: Janet Yellen
US Federal Reserve Chair Janet Yellen said Wednesday that China`s unclear policy over its yuan currency was stoking turbulence in global markets and exacerbating global economic growth concerns.
Feb 10, 2016, 20:01 PM IST
Tokyo stocks drop to lowest since 2014 on global recession fears
Japanese stocks again dropped Wednesday to their lowest level since late 2014, as fears of a global recession hammered investor confidence ahead of testimony by the head of the US central bank.
Feb 10, 2016, 13:47 PM IST
Gold price rises to near 7.5-month high on safe-haven demand
Global equity markets have been hit by worries over the health of the euro zone banking sector, with a very loose monetary policy seen crimping bank profits and consequently their ability to repay debt.
Feb 10, 2016, 12:14 PM IST
Growth worries, financials push Wall Street lower
US stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares, but a late rally in energy shares left the market well above its lows of the day.
Feb 09, 2016, 03:51 AM IST
Fed hints at economic worries as it keeps rate unchanged
In the first monetary policy meeting after its historic rate increase in December, the US central bank showed slightly less confidence than a month ago about the trajectory of inflation and growth even as it noted strengthening in the jobs and housing sectors.
Jan 28, 2016, 10:47 AM IST
Raghuram Rajan for calibrated policies to offset US, China developments
RBI Governor Raghuram Rajan on Wednesday said domestic policies need to be carefully calibrated to withstand global headwinds due to China's slowdown and the US rate hike, even though India remains "relatively better placed" to handle volatilities.
Dec 23, 2015, 21:04 PM IST
