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U.S. Fed raises federal funds rate by 25bp, first rate hike since 2006

U.S. Fed raises federal funds rate by 25bp, first rate hike since 2006

2015-12-17 03:14

U.S. Federal Reserve on Wednesday decided to raise benchmark interest rate by 25 basis points.

Aussie market ends six session losing streak

Aussie market ends six session losing streak

2015-12-16 14:25

The Australian market has bounced more than 2 percent on Wednesday.

S. Korea sets 2016 growth outlook at 3.1 percent

S. Korea sets 2016 growth outlook at 3.1 percent

2015-12-16 10:16

South Korea's finance ministry on Wednesday set its 2016 growth outlook at 3.1 percent, lower than its earlier estimate of 3.3 percent.

S.Korea lowers inflation target by 1 percentage point for next 3 years

S.Korea lowers inflation target by 1 percentage point for next 3 years

2015-12-16 09:55

The Bank of Korea (BOK) on Wednesday decided to lower its inflation target by one percentage point to 2 percent for the next three years.

Job creation in S. Korea slows down in November

Job creation in S. Korea slows down in November

2015-12-16 09:18

Job creation in South Korea slowed down in November, with jobless rate unchanged at 3.1 percent, a government report showed Wednesday.

Tokyo stocks off to bright start as oil rally lifts Wall St.

Tokyo stocks off to bright start as oil rally lifts Wall St.

2015-12-16 08:46

Tokyo stocks jumped in early trading Wednesday as U.S. shares rallied overnight following a rise in crude oil prices.

Dollar in upper 121 yen zone in early deals in Tokyo

Dollar in upper 121 yen zone in early deals in Tokyo

2015-12-16 08:34

The U.S. dollar changed hands in the upper 121 yen zone in early trading on Wednesday in Tokyo.

China-funded mega port city to help generate new business in Sri Lanka

China-funded mega port city to help generate new business in Sri Lanka

2015-12-16 08:28

A mega China funded Port City project in the capital will help generate new investments and new buyers of real-estate in new businesses in Sri Lanka.

Canadian stock market makes upwards correction

Canadian stock market makes upwards correction

2015-12-16 06:59

Canada's main stock market in Toronto Tuesday rebounded with a solid rally as energy and medical care stocks rose sharply.

Chicago corn, soybeans retreat; wheat slightly higher on short covering

Chicago corn, soybeans retreat; wheat slightly higher on short covering

2015-12-16 06:21

Chicago Board of Trade (CBOT) corn, soybeans retreated on Tuesday, while wheat gained a little on short covering.

U.S. stocks jump ahead of Fed statement

U.S. stocks jump ahead of Fed statement

2015-12-16 06:10

U.S. stocks extended gains on Tuesday, as Wall Street awaited the statement after the conclusion of Federal Reserve's two-day meeting on Wednesday.

U.S. dollar rises ahead of Fed statement

U.S. dollar rises ahead of Fed statement

2015-12-16 05:34

The U.S. dollar increased against most major currencies on Tuesday as investors were awaiting the closely-watched Fed statement due out Wednesday.

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