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Europe’s rally has become more concentrated this year, amplifying risks just as investors turn less optimistic about its economic outlook.
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India’s market regulator has given arbitrage mutual funds more flexibility in managing their positions, according to people familiar with the matter, seeking to draw a key source of liquidity into the…
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Sensex and Nifty rebounded around 0.5% on Wednesday after Tuesday’s selloff wiped out more than Rs 9 lakh crore from Dalal Street.
Copper rose marginally from a more-than-three-week low on Wednesday, even as investors expect the US Federal Reserve to hike interest rates later in the day. Three-month copper on the London Metal Exchange rose 0.53% to $14,158 a metric ton by 0330 GMT, after touching $13,926 on Tuesday.
SHANGHAI: Mainland China and Hong Kong stocks edged higher on Wednesday, led by tech shares, but gains were capped as investors held back from large bets ahead of the Federal Reserve’s policy decision later in the day. At the midday break, the benchmark Shanghai composite index gained 0.6%, while the blue-chip CSI300 index advanced 0.7%.
Inflation inched higher in the year to August, official data has shown, adding to pressures faced by the Bank of England ahead of its interest rate decision on Thursday. The Office for National Statistics (ONS) said consumer price index (CPI) inflation in the 12 months to August was 3.1 per cent, higher than last month’s [...]
