US service sector

Asian stocks hit 1-year high as soft US data quells Fed hike talk

The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services sector activity dashed already slim chances of an interest rate hike by the Federal Reserve as early as this month.

Sep 07, 2016, 12:16 PM IST

Wall St extends selloff as oil prices fall further

US stocks were down more than 1 percent in afternoon trading on Tuesday, extending recent losses as data showed the pace of growth in the US service sector had slowed and oil prices fell further.

Jan 07, 2015, 01:20 AM IST