Business

Chinese shares open higher

Thu, 04/28/2016 - 08:02

Beijing, April 28 (IANS) Chinese stocks opened higher on Thursday, with the benchmark Shanghai Composite Index up 0.07 percent, at 2,955.74 points.

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Chinese yuan weakens

Thu, 04/28/2016 - 08:00

Beijing, April 28 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 117 basis points to 6.4954 against the US dollar on Thursday, according to the China Foreign Exchange Trading System.

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Tokyo stocks open higher

Thu, 04/28/2016 - 07:56

Tokyo, April 28 (IANS) Tokyo shares opened higher on Thursday as the US stocks rose overnight after the US central bank signalled it would not raise interest rates in the near future and as oil prices went up.

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US stocks end mixed amid Fed statement

Thu, 04/28/2016 - 07:42

New York, April 28 (IANS) US stocks closed mixed as Wall Street assessed the Federal Reserve's decision to leave interest rates unchanged and weak earnings report from tech-giant Apple.

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Canadian stocks advance on higher oil prices

Thu, 04/28/2016 - 07:30

Toronto, April 28 (IANS) Canada's main stock market in Toronto continued to rise as upward crude oil prices supported resources sectors, while financial stocks also got a boost after the US Federal Reserve kept interest rates unchanged.

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New destinations boost Etihad Airways profit

Thu, 04/28/2016 - 07:20

Abu Dhabi, April 28 (IANS) Etihad Airways, the national carrier of the United Arab Emirates (UAE), said its net income surged in 2015, driven by expanding markets, most in Asia.

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Spanish stock market rises

Thu, 04/28/2016 - 07:14

Madrid, April 28 (IANS) The Spanish stock market index Ibex-35 rose 0.53 percent to close at 9,332.60 points, up from the 9,283 points of the previous session.

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British FTSE 100 rises

Thu, 04/28/2016 - 06:40

London, April 28 (IANS) FTSE 100 Index, British benchmark stock market gauge rose by 0.56 percent, or 35.39 points, to 6,319.91 points.

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Oil prices rise on Fed statement

Thu, 04/28/2016 - 06:22

New York, April 28 (IANS) Oil prices jumped as the US Federal Reserve decided to keep the target range for the federal funds rate unchanged.

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US dollar slips on Fed statement

Thu, 04/28/2016 - 04:46

New York, April 28 (IANS) The US dollar declined against most major peers on Wednesday as investors were digesting the newly-released Federal Reserve statement.

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US Fed keeps benchmark interest rate unchanged

Thu, 04/28/2016 - 03:26

Washington, April 28 (IANS) The US Federal Reserve said that it will maintain the target range for the federal funds rate at 0.25-0.5 percent, but gave little clue on the timing of its next rate hike.

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Cabinet approves solar plant in National Seeds Corporation land

Wed, 04/27/2016 - 23:02

New Delhi, April 27 (IANS) The union cabinet on Wednesday approved utilising 400 hectares of uncultivable farm land at Jetsar in Rajasthan's Sri Ganganagar district for setting up a solar power plant of capacity exceeding 200 MW.

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States may impose sugar stock limits: Centre

Wed, 04/27/2016 - 21:52

New Delhi, April 27 (IANS) States may now impose and enforce sugar stock limits as the union cabinet on Wednesday gave its approval to bring sugar under the purview of imposing stock holding limits on dealers of sugar.

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