Page 2770 - Business Finance

Japan Stocks mixed on strong yen, ahead of US-China trade talks

Many market participants are awaiting developments in the lower-level trade talks between the United States and China due to start later on Tuesday. As per reports, the talks in Washington would take place on August 21 and 22, just before $16 billion in new US tariffs on Chinese goods take effect, along with an equal amount of retaliatory tariffs from Beijing.

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Rupee rises 24 paise against US dollar in early trade

Extending its rising streak for the second day, the rupee appreciated 24 paise against the US dollar to 69.58 in early trade today amid weakness in the greenback against other currencies overseas. The American currency witnessed selling by exporters and banks after the US President Donald Trump accused China and Europe of manipulating their currencies and criticised the Federal Reserve for hiking interest rates, forex dealers said. Yesterday, the rupee made strong comeback from its life-time low and ended with a gain of 33 paise at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. The benchmark BSE Sensex today rose 124.21 points, or 0.32 per cent, to hit its all-time high of 38,402.96 and NSE Nifty too scaled a new peak of 11,581.75 in early trade.

Rupee rises to one-week high on Trump's Fed comments

MUMBAI (Reuters) - Rupee rose to its highest in a week on Tuesday tracking Asian currencies after U.S. President Donald Trump said in interview to Reuters that he was "not thrilled" with the Federal Reserve's interest rate hikes. https://reut.rs/2Bv7mYq

Japan's Daikin, thriving in Asia and India, sets sights on Africa

TOKYO (Reuters) - Daikin Industries, the world's largest maker of air conditioning equipment, is turning to Africa for further expansion, 10 years after a successful gamble on sharing its key technology with a Chinese company.

Global Markets: Asian stocks up on hopes trade tensions may ease, Trump comments weigh on dollar

TOKYO (Reuters) - Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar.

HCL Tech in spotlight after fixing record date

HCL Technologies has fixed Friday, 31 August 2018 as the record date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the buyback. The announcement was made after market hours yesterday, 20 August 2018.

Market may open slightly higher

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 8 points at the opening bell.

Oil mixed on tighter U.S. outlook, while U.S.-China trade spat weighs

SINGAPORE (Reuters) - Oil prices were mixed on Tuesday, with U.S. fuel markets seen to be tightening while the Sino-U.S. trade dispute dragged on international crude contracts.

Gold prices extend gains as dollar sags after Trump remarks

BENGALURU (Reuters) - Gold prices rose on the back of a weaker U.S. dollar on Tuesday, extending gains into a third session after U.S. president Donald Trump said he was "not thrilled" with the U.S. Federal Reserve for raising interest rates.

Global Markets: Asia stocks capped, dollar droops following Trump comments

TOKYO (Reuters) - Asian stocks were capped and the dollar dipped on Tuesday after U.S. President Donald Trump accused China and Europe of manipulating their currencies and said he was "not thrilled" with the Federal Reserve for hiking interest rates.

US dollar weakens against main currencies

The US dollar declined 0.3 per cent as expected trade talks between the US and China eased market concerns.

ConocoPhillips and Venezuela's PDVSA reach $2 billion settlement

(Reuters) - U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies said on Monday, suspending a dispute that blocked the state-run company from exporting oil from most of its key Caribbean facilities.

Beijing to act against 'hidden' local debt: China Daily

SHANGHAI (Reuters) - China has drawn up new guidelines on measuring and controlling "hidden" local government debt, the official China Daily said on Tuesday, citing senior government sources.

Trump takes Fed to task for rate hikes in Reuters interview

(Reuters) - U.S. President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.

Instant View: Trump takes Fed to task for rate hikes in Reuters interview

(Reuters) - U.S. President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.

U.S.-China trade talks optimism lifts shares, oil gains

NEW YORK (Reuters) - A gauge of global equity markets rose on Monday on hopes U.S.-China trade talks this week will diffuse the dispute, while Turkey's lira fell anew on cuts to the country's credit ratings and after shots were fired outside the U.S. Embassy in Ankara.

Wall Street rises on trade optimism, pares gains after Trump Fed comments

NEW YORK (Reuters) - Wall Street's major indexes rose on Monday on optimism over trade talks between the United States and China, though they fell from session highs after President Donald Trump criticized the Federal Reserve's raising interest rates.

Exclusive: Trump says not thrilled with Fed's Powell for raising rates

WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.

Wall Street ends higher on optimism over trade talks

(Reuters) - The major U.S. stock indexes rose on Monday as optimism over talks between the United States and China provided a boost to trade-sensitive stocks in the industrial, energy and materials sectors.