United States economy adds only 142000 jobs, raising doubts about interest rate rise
October 9, 2015
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World

United States economy adds only 142000 jobs, raising doubts about interest rate rise

That drop suggested that the unemployment rate remained steady in the month because of people…

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Indian Rupee Rises as RBI Signals Rate Cuts Done for Now
October 7, 2015
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Business

Indian Rupee Rises as RBI Signals Rate Cuts Done for Now

Most banks have reduced the base rate by 25-30 bps, barring a few like State…

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Fed chief open to early hike in rates
October 5, 2015
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Business

Fed chief open to early hike in rates

Treasuries after Yellen placed herself in the camp of those Federal Open Market Committee officials…

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U.S. stocks open higher; energy, GE are among early gainers
October 5, 2015
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World

U.S. stocks open higher; energy, GE are among early gainers

USA non-farm payrolls rose by 142,000 in September, considerably lower than the 203,000 jobs the…

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IDBI Bank cuts base rate by 0.25% to 9.75%
October 5, 2015
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Business

IDBI Bank cuts base rate by 0.25% to 9.75%

In an attention-grabbing announcement, Reserve Bank of India (RBI) governor Raghuram Rajan lowered the repo…

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Japan September PMI survey shows services sector slowing
October 5, 2015
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Business

Japan September PMI survey shows services sector slowing

The composite PMI reading for the month was also downbeat: it was 51.2, the lowest…

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USA jobless claims rise more than expected
October 4, 2015
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Business

USA jobless claims rise more than expected

Employers have retained workers amidst a solid demand domestically, one reason why the claims have…

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Asian shares rise, dollar gains as Yellen revives rate talk
October 4, 2015
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Business

Asian shares rise, dollar gains as Yellen revives rate talk

US market indexes opened higher for the day on Friday, following a speech the prior…

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China factory activity shrinks for second month
October 4, 2015
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Business

China factory activity shrinks for second month

The Caixin China Manufacturing PMI is based on data compiled from monthly replies to questionnaires…

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U.S. unemployment rate unchanged at 5.1 pct. in September
October 4, 2015
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Business

U.S. unemployment rate unchanged at 5.1 pct. in September

According to them, it has been recovering rapidly from softer growth in August despite economic…

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