08262016Fri
Last update: Fri, 26 Aug 2016 03pm

Markets - Equity

Markets - Equity - Asia

Hong Kong and Shanghai stocks up by lunch HONG KONG: Hong Kong stocks jumped by the break on Thursday after minutes from the US central bank's last meeting showed policymakers were cautious about an imminent interest rate hike.The Hang Seng Index climbed 1.6 percent, or 364.91 points, to 23,164.69.The benchmark Shanghai Composite Index gained 0.41 percent, or 12.61 points, to 3,122.16 while the Shenzhen Composite Index rose 0.29 percent,, or 5.86 points, to 2,049.13Copyright AFP (Agence France-Presse), 2016


Markets - Equity - Americas

US stocks edge up as market eyes low Fed rates NEW YORK: Wall Street stocks edged higher Wednesday as minutes from the Federal Reserve boosted expectations the US central bank was not likely to hike rates in September.The minutes from the July meeting showed policy makers believed risks to the US economy had lessened but wanted to keep their interest rate policy "options open.""Market expectations for a rate hike in September are still low, and this committee tends to be cautious," said Sara Johnson and ...

Markets - Equity - Australia

Australian shares set for steady start, NZ flat SYDNEY: Australian shares looked set for a hesitant start after Wall Street made marginal gains and with domestic jobs data and a raft of corporate results looming.The local share price index futures was up 0.1 percent at 5,513 in early trade. The S&P/ASX 200 index ended on Wednesday with a slim gain of 0.05 percent, or 3 points, at 5,535.AMP Ltd reported net profit of A$523 million for the half year and a dividend of ...

Markets - Equity - Americas

Latam stocks mixed after Fed policy minutes SAO PAULO: Latin American stocks were mixed on Wednesday after minutes from the Federal Reserve's July meeting showed policymakers agree they need more economic data before raising US interest rates.The Fed didn't change benchmark short-term rates in July but left the door open for a possible hike this year. Higher US interest rates could drain funds away from emerging markets, which often lure foreign investors with greater yields.Mexico's blue-chip IPC index closed down 0.19 percent, ...

Markets - Equity - Americas

Stocks pare losses, dollar falls after balanced Fed minutes NEW YORK: Wall Street stocks turned positive and the dollar turned negative on Wednesday after minutes from the Federal Reserve's July meeting showed policymakers may be on the road to raising US interest rates but will need to see more economic data before pulling the trigger.The US central bank left benchmark short-term rates unchanged at its last meeting in July but said near-term risks to the economy had diminished, leaving the door open for a ...

Markets - Equity - Europe

Global stocks downbeat amid worries over Fed rates LONDON: World stock markets largely retreated Wednesday amid concerns that the Federal Reserve could push up interest rates in the coming months despite weak global growth.Eyes were on the release of the minutes of the US central bank's late-July meeting, slated for 1800 GMT, for hints of how bullish the Fed is on the US economy after a top official warned Tuesday that markets were underestimating the possibility of a rate increase as early as ...

Markets - Equity - Americas

Wall Street opens lower as Fed minutes awaited NEW YORK: Wall Street stocks opened lower on Wednesday as retailer Target sank nearly 6 percent on disappointing sales reported in its quarterly results. Markets were anticipating the release of minutes later on Wednesday from the US Federal Reserve, which may reveal policymakers' views on the near-term outlook for interest rates.Ten minutes into trading, the Dow Jones Industrial Average was down 0.2 percent at 18,512.30. The much broader S&P 500 was also down 0.2 percent ...