09252016Sun
Last update: Sun, 25 Sep 2016 06pm

Markets - Equity

Markets - Equity - Asia

Hong Kong stocks finish morning on a high HONG KONG: Hong Kong shares rallied more than one percent on Thursday morning as traders cheered the Federal Reserve's decision to keep interest rates unchanged.The Hang Seng Index added 1.14 percent, or 270.19 points, to 23,940.09 by the break.The benchmark Shanghai Composite Index added 0.75 percent, or 22.74 points, to 3,048.61, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.78 percent, or 15.57 points, to 2,021.17.Copyright AFP (Agence France-Presse), 2016


Markets - Equity - Americas

Nasdaq hits record as Fed keeps rates low NEW YORK: US stocks surged Wednesday with the Nasdaq hitting a fresh record after the Federal Reserve kept interest rates low.The Nasdaq Composite index jumped 1.0 percent to 5,295.18, up about 12 points from the previous record on September 7.The Dow Jones Industrial Average rose 0.9 percent to 18,293.70, while the broad-based S&P 500 gained 1.1 percent to 2,163.12.The Fed kept in place its ultralow federal funds rate of 0.25-0.50 percent as it trimmed its ...

Markets - Equity - Europe

Banks and miners help European stocks to end higher LONDON: European shares hit a one-week high on Wednesday before the outcome of a Fed meeting, with banks rallying after a policy overhaul at the Bank of Japan lifted risky assets globally. The US Federal Reserve is expected to keep rates unchanged after a two-day policy meeting amid tepid inflation and weak economic data, but could signal an increased likelihood of a hike by the end of the year. The pan-European STOXX 600 index closed ...

Markets - Equity - Americas

Latam stocks, currencies up as BOJ revamps policy ahead of Fed SAO PAULO: Latin American stocks and currencies mostly rose on Wednesday ahead of a US interest rate decision, as the Bank of Japan overhauled its policies after years of unprecedented money printing proved ineffective.The Brazilian real firmed 0.6 percent to its strongest in more than a week, while Mexico's IPC index advanced for a second day as traders cheered the new Japanese policy.The BOJ will switch to targeting interest rates on government debt instead of ...

Markets - Equity - Europe

Over to the Fed after world stocks get a lift from BoJ LONDON: World stocks rose on Wednesday, led by a surge in bank shares, after the Bank of Japan overhauled its monetary policy to target interest rates, though the yen recovered initial losses against the dollar on scepticism those moves would stoke inflation. With the global economy showing few signs of rebounding and investors fretting about the limits of monetary easing by major central banks, the BOJ's move initially came as a welcome relief for markets, ...

Markets - Equity - Americas

Sri Lankan shares recover after four sessions of losses COLOMBO: Sri Lankan shares edged up on Wednesday following four straight sessions of losses, as investors shrugged off the impact of a proposed increase in value added tax to pick up battered shares, amid high turnover. The bourse hit a more than seven-week low on Tuesday as selling pressure on stocks that were expected to take a hit from the proposed tax increase weighed on sentiment. The government proposed last week to raise the value ...

Markets - Equity - Americas

TSX rises to a 12-day high as commodities rally TORONTO: Canada's main stock index rose to its highest in 12 days on Wednesday as mining and energy stocks led a broad rise with higher commodity prices. US crude oil prices rose more than 2 percent after a surprisingly large drop in US crude inventories, while gold climbed after the Bank of Japan adopted a target for long-term interest rates and as investors bet that the Federal Reserve will hold back from a rate increase ...