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US dollar falls on Fed minutes

Thursday, 07 April 2016 11:35
New York: The US dollar decreased against most major currencies as the newly-released Federal Reserve minutes showed that many central bank policy makers expressed concerns over a global economic slowdown in their latest meeting.In late New York trading on Wednesday,…

Panama says it won't be 'scapegoat' for papers scandal

Wednesday, 06 April 2016 12:38
Panama city: The Panamanian government said that it would not accept the country being used as a "scapegoat" for the apparent financial misdeeds detailed in the Panama Papers."We are not going to allow Panama to be used as a scapegoat…

70 die of swine flu in Brazil in three months

Wednesday, 06 April 2016 12:10
Brasilia: At least 70 people died of swine flu in Brazil till March 26, almost twice as many as in the whole of 2015, the health ministry said.The southeastern state of Sao Paulo was the hardest-hit area, where 55 people…

Tokyo stocks open higher

Wednesday, 06 April 2016 11:49
Tokyo: Tokyo stocks opened higher on Wednesday as investors bought back stocks oversold a day earlier when the market tumbled, with the Nikkei closing in negative territory for a sixth straight day.As of 9.15 a.m. (local time), the 225-issue Nikkei…

Negative global cues subdue equity markets

Tuesday, 05 April 2016 15:51
Mumbai: Negative global cues and profit booking plunged the Indian equity markets on Tuesday.In the process, both the key indices of the Indian equity markets receded deep into the red during the late-afternoon trade session.The wider 50-scrip Nifty of the…

Chinese yuan weakens

Tuesday, 05 April 2016 11:22
Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 78 basis points to 6.4663 against the US dollar on Tuesday, according to the China Foreign Exchange Trading System.In China's spot foreign exchange market, the yuan…

Gold down ahead of Fed minutes

Tuesday, 05 April 2016 11:15
Chicago: Gold futures on the COMEX division of the New York Mercantile Exchange fell slightly as traders awaited the release of the Fed minutes.The most active gold contract for June delivery on Monday fell $4.2, or 0.34 percent, to settle…

Brazil's landless movement vows to defeat 'coup' in streets

Saturday, 02 April 2016 11:42
Brasilia: Members of the MST Landless Workers Movement told Brazilian President Dilma Rousseff on Friday they would take to the streets to defeat a plan to oust her in a "coup", as they termed an ongoing impeachment effort in Congress."Stay…

Brazil's apex court takes over ex-president's graft probe

Friday, 01 April 2016 12:23
Brasilia: Brazil's Supreme Court (STF) ruled that it would be taking immediate charge of a corruption investigation into former president Luiz Inacio Lula da Silva, removing Judge Sergio Moro from the case, the media reported on Friday.The decision taken on…

Belgium's diamond trade leaders meet Modi

Thursday, 31 March 2016 10:37
Brussels: A delegation of leaders of Belgium's diamond trade called on Prime Minister Narendra Modi here on Wednesday.Board members of the Association of Diamond Traders called on Modi, external affairs ministry spokesman Vikas Swarup said. Antwerp in Belgium is the…