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China will achieve targeted economic growth, says PM

By Gaurav Sharma Beijing, March 16 (IANS) Chinese Premier Li Keqiang on Wednesday allayed the fears of economic growth remaining below 6.5 percent and said that the country will achieve its targeted economic growth. Li…






Chinese yuan weakens

Beijing, March 16 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 93 basis points to 6.5172 against the US dollar on Wednesday, according to the China Foreign Exchange Trading…


Chinese shares open mixed

Beijing, March 16 (IANS) Chinese stocks opened mixed on Wednesday with the benchmark Shanghai Composite Index down 0.2 percent, at 2,858.71 points. The smaller Shenzhen index opened 0.58 percent higher at 9,629.82 points, Xinhua news…


Tokyo stocks open down

Tokyo, March 16 (IANS) Tokyo stocks opened down on Wednesday as investors were in a circumspect mood as the yen rose ahead of the results of the US Federal Reserve’s two-day Federal Open Market Committee…


Cuba, US to restore direct mail service

Havana, March 16 (IANS) Cuba and the US will restore direct mail service between the two countries, Correos de Cuba, the state-owned mail company, said. The company said on Tuesday that after successfully coordinating technical,…



Canadian stocks fall

Toronto, March 16 (IANS) Canada’s main stock market in Toronto fell elusive as weaker commodity prices weighed on energy and mining stocks, while shares of a major drug maker tanked. The Toronto Stock Exchange’s benchmark…



US stocks end mixed ahead of Fed statement

New York, March 16 (IANS) US stocks closed mixed as investors digested the newly-released economic data while awaiting Wednesday’s US Federal Reserve policy announcement. The Dow Jones Industrial Average rose 22.40 points, or 0.13 percent,…


Spanish stock market falls

Madrid, March 16 (IANS) The Spanish stock market index Ibex-35 fell 1.69 percent to close at 8,988.30 points, down from the 9,142.70 points of the previous session. Banco Popular shares led falls losing 4.82 percent,…


US dollar mixed on downbeat data

New York, March 16 (IANS) The US dollar traded mixed against other major currencies as the economic data from the country came out negative. In the late New York trading on Tuesday, the euro rose…



Oil prices drop amid ample supply

New York, March 16 (IANS) Oil prices dropped as market expected that global supply exceeded the demand. The West Texas Intermediate for April delivery on Tuesday moved down 84 cents to settle at $36.34 a…


US stocks end mixed

New York, March 16 (IANS) US stocks closed mixed as investors digested the newly-released economic data while awaiting US Federal Reserve policy announcement. The Dow Jones Industrial Average rose 22.40 points, or 0.13 percent, to…


British FTSE 100 decreases

London, March 16 (IANS) FTSE 100 Index, British benchmark stock market gauge decreased by 0.56 percent, or 34.60 points, to 6,139.97 points. Share price of Coca-Cola HBC increased by 1.78 percent, topping the gainers of…