G20 charts careful course in turbulent economic waters

Last Updated: Sunday, September 6, 2015, 09:02

Warily watching economic clouds gathering in China and the possibility of an end to zero interest rates in the United States, G20 leaders steered a careful course at their meeting in Turkey at a time of uneven and fragile growth.

China jitters, globalization bode ill for Fed's inflation goal

Last Updated: Friday, August 28, 2015, 10:53

The recent market swoons follow a series of other shocks - crashing oil prices, weakness in Europe, the constant deflation threat in Japan - that have held down inflation globally.

Gold struggles even as equities drop further after China rate cut

Last Updated: Wednesday, August 26, 2015, 10:28

Gold slipped on Wednesday, struggling to draw buyers even as Asian stocks fell further despite China`s latest policy easing with investors remaining wary of a near-term hike in U.S. interest rates.

Currency volatility: How it will affect global growth

Last Updated: Wednesday, August 26, 2015, 09:33

Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.

Gold price climbs to 5-week high as Sept Fed hike hopes fizzle

Last Updated: Thursday, August 20, 2015, 12:51

Spot gold has now recovered nearly 6 percent from a 5-1/2-year low of USD 1,077 reached in a late July rout.

Asian dividend funds turn to China, India to counter US Fed hike

Last Updated: Monday, August 3, 2015, 08:41

Some fund managers say they are shifting from traditional favourites such as investment trusts, telecoms and utilities to emerging market companies offering faster earnings growth and cheaper valuations.

Gold extends weakness after worst month in 2 years

Last Updated: Monday, August 3, 2015, 08:25

Spot gold was down 0.2 percent at $1,092.80 an ounce by 0019 GMT. The metal fell as low as $1,079.50 on Friday before recovering at the close. That was near last month`s trough of $1,077, its weakest since February 2010.

Federal Reserve holds key US rate unchanged

Last Updated: Thursday, July 30, 2015, 00:12

The Federal Reserve kept its benchmark federal funds interest rate unchanged at near zero percent as expected Wednesday, providing no fresh hints on when a long-awaited rate rise might come.

Gold prices may dip to Rs 20,500 per ten grams

Last Updated: Wednesday, July 29, 2015, 17:47

Gold domestic rates may decline and range between Rs 20,500-Rs 24,000 per 10 grams if the US Fed hikes interest rates, as widely expected.

Gold edges higher as investors await Fed meeting

Last Updated: Tuesday, July 28, 2015, 21:00

Gold edged higher on Tuesday but remained near 5-1/2-year lows as markets braced for this week`s two-day Federal Reserve meeting, at which policymakers are tipped to give further clues on the timing of a U.S. rate increase.

Gold price slides 1% to five-year low as investors pull back

Last Updated: Wednesday, July 22, 2015, 21:24

Gold fell more than 1 percent to a five-year low on Wednesday as a bounce in the dollar fuelled downside momentum, with investors continuing to pull away from the metal after its dramatic slide earlier this week.

Gold price teeters near 5-year low after "bear raid", more losses expected

Last Updated: Tuesday, July 21, 2015, 20:21

Gold was on the brink of five-year lows on Tuesday, with more losses expected in the coming months following Monday`s "bear raid" when sellers dumped an estimated 33 tonnes in just two minutes.