Global Markets News

Dollar stands tall, Asian shares slip

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TOKYO - The dollar ascended to a new 12-1/2-year peak against the yen on Tuesday, while Asian shares fell for a second day as the stronger greenback pressured commodity prices.

Dollar hits new peak versus yen, Aussie jumps after RBA's guarded comments

TOKYO/SYDNEY - The dollar scaled a fresh 12-1/2 year high against the yen on Tuesday, breaching a key threshold along the way as it extended a strong run after upbeat U.S. data.

2:34am EDT

Greece will make June 5 IMF payment if deal with lenders reached: official

ATHENS - Greece will make a 300 million-euro payment to the International Monetary Fund due on Friday it reaches a deal with its lenders by then, even if aid is not disbursed in time, a Greek government official said on Tuesday.

3:19am EDT

China's home sales pick up in May: survey

HONG KONG - China's housing sales in major cities, measured by floor space,

1:59am EDT

BOJ's Kuroda says FX should reflect fundamentals

TOKYO - Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was important for currency rates to reflect economic fundamentals, and reiterated that central bank policy is aimed at fostering price stability and not to weaken the yen.

2:06am EDT

Japan's Amari: must be careful about declaring end to deflation

TOKYO - Japanese Economics Minister Akira Amari said on Tuesday he is cautious about declaring an end to deflation because policymakers need to be sure the economy is strong enough to prevent a return to deflation.

01 Jun 2015
World Markets

RPT-UPDATE 2-RBI cuts rates for third time to put Indian growth on firmer footing

MUMBAI, June 2 - India's central bank cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest.

Financials 3:35am EDT

Wolseley help European shares inch up; eyes on Greece, inflation

LONDON, June 2 - European shares inched higher at the open on Tuesday, keeping within their recent range as investors awaited euro zone inflation data due later in the day and developments out of Greece's negotiations with it creditors.

Wolseley help European shares inch up; eyes on Greece, inflation

LONDON, June 2 - European shares inched higher at the open on Tuesday, keeping within their recent range as investors awaited euro zone inflation data due later in the day and developments out of Greece's negotiations with it creditors.

Nikkei snaps 12-day winning streak as market cautious against recent rises

TOKYO, June 2 - Japan's Nikkei share average snapped a 12-day winning streak on Tuesday, with traders citing profit-taking by hedge funds after the market's strong run-up. The Nikkei 225 ended 0.1 percent lower at 20,543.19 points after traversing positive and negative territory. The benchmark ended its longest winning streak since February 1988. During that run, it gained 5.1 percent, largely on hopes for better shareholder returns. The broader Topix dropped 0.3 percent t

Stocks, Asian Markets, 2:21am EDT

China stocks rise again, thanks to renewed interest in tech firms

SHANGHAI, June 2 - China stocks posted another day of solid gains on Tuesday as investors, joining a renewed surge in tech shares, shrugged off concerns over this week's large batch of initial public offerings (IPOs).

Industrials, Financials 3:11am EDT

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