Oil prices retreat as Goldman Sachs cuts forecasts

Last Updated: Saturday, September 12, 2015, 07:36

Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.

Asian shares get lift from Wall St, dollar steadies

Last Updated: Friday, September 11, 2015, 09:11

Asian shares rose on Friday thanks to gains on Wall Street, while the dollar steadied after facing pressure from a rallying yuan and U.S. data that offered no clarity on whether the Federal Reserve might raise interest rates next week.

Asian stocks slip as Japan machinery orders disappoint, add to global woes

Last Updated: Thursday, September 10, 2015, 08:10

Asian stocks fell on Thursday after US stocks retreated overnight and as Japan machinery orders unexpectedly shrank, deflating investors` appetite for riskier assets.

Wall Street falls as jobs report fuels rate hike anxiety

Last Updated: Friday, September 4, 2015, 23:13

U.S. stocks were down in afternoon trading on Friday as a mixed August jobs report did little to quell investor uncertainty over whether the Federal Reserve will increase rates by mid-September.

Global turmoil an opportunity for India to overtake China: Foreign Media

Last Updated: Friday, August 28, 2015, 12:46

Seeing an opportunity in the recent turmoil in China's equity and currency markets, Foreign media is saying India can overtake China as the driver of world economy.

Wall Street surges for second day as China fears fade

Last Updated: Friday, August 28, 2015, 01:37

Wall Street rallied on Thursday as investors grew optimistic that the worst of recent market turmoil was over after strong U.S. economic data and hints that a September interest-rate hike was unlikely.

Asian shares cheered by Wall Street rally

Last Updated: Thursday, August 27, 2015, 18:41

Comments from a senior US Federal Reserve official that the case for a rate rise in September had weakened and upbeat durable goods data also boosted sentiment, pushing up the dollar.

Wall Street is for sale - but is it cheap?

Last Updated: Thursday, August 27, 2015, 12:54

During more than a week of stock market sell-offs, investors have been exhorted to use declines to pick up bargains - and with a 7.7 percent drop on the S&P 500 since August 17, stocks have certainly gotten less expensive.

Wall Street posts biggest rally of the year

Last Updated: Tuesday, August 25, 2015, 20:55

The Nasdaq composite index led the way with a 3.2 percent rise, boosted by Apple`s 5.7 percent gain to $108.96. The stock slumped as much as 13 percent on Monday.

Global markets selloff deepens on China worries

Last Updated: Tuesday, August 25, 2015, 03:50

World stock markets endured another bruising day Monday as a huge decline in Chinese equities sparked selling throughout Asia, Europe and the Americas, deepening a global stock slump.

US stocks cut losses as Apple, Intel gain

Last Updated: Tuesday, August 25, 2015, 00:05

US stocks fought back from a bruising open Monday, as a midday rally in Apple and a handful of other major stocks eliminated most of the market`s early losses.

China stock plunge hits world stocks, dollar; US stabilizes

Last Updated: Monday, August 24, 2015, 23:37

World stock markets plunged on Monday, after a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exits.