Oil tumbled to fresh multi-year lows in Asia today after the OPEC cartel said output had surged, exacerbating concerns over a supply glut that is expected to persist beyond next year.The Or…
Posts tagged BL
Nikkei rebounds as weak yen helps sentiment (11-12-2015)
Japanese stocks rose for the first time in four sessions on Friday, helped by gains on Wall Street and a weaker yen, but investors remained cautious before big events next week.
T…
Rupee trading weak at 66.79 (11-12-2015)
The rupee was trading weak by 8 paise at 66.79 against the greenback in the afternoon deals on continued bouts of dollar demand from banks and importers amid lower equities.
The rupee res…
Gold futures fall to Rs 25,323 per 10 gm (11-12-2015)
Amid a weak global trend, gold futures traded lower by Rs 95 at Rs 25,323 per 10 gm today as speculators reduced their exposure.Gold for delivery in February next year dropped Rs 95 or 0.37…
Crude oil futures decline to Rs 2,450 per barrel (11-12-2015)
Crude oil futures fell 0.69 per cent to Rs 2,450 per barrel today, tracking a weak trend in Asian trade where it plunged to multi-year lows.Crude oil for delivery in December at the Multi C…
China, HK stocks down on weak yuan, Fosun uncertainty (11-12-2015)
China and Hong Kong stocks declined on Friday, with investor sentiment hurt by further weakening in the yuan and news that the billionaire founder of Fosun Group could not be contacted, potentiall…
Yuan falls to 4-1/2 year low as PBOC steps back (11-12-2015)
China’s yuan hit 6.4515 to the dollar in mid-morning trade on Friday, its lowest level in nearly four and 1/2 years, raising questions over how far Beijing will let the currency weaken to help sho…