TOKYO - Asian stocks sagged and the dollar stood tall on Wednesday on growing prospects the Federal Reserve was on track to raise interest rates later this year and concerns that financial woes could engulf Spain in addition to Greece.
- U.S. stocks fell on Tuesday, pushing the S&P 500 to its biggest decline in three weeks, weighed down by concerns about Greece and some upbeat data that fueled expectations that a U.S. rate hike could come sooner rather than later. | Video
TOKYO - Many Bank of Japan board members said risks to consumer prices are tilted to the downside due to uncertainty about long-term inflation expectations, consumer spending, and the output gap, minutes of the central bank's April 30 policy meeting showed on Wednesday.
BATON ROUGE, La. - Policymakers must ensure that financial industry creditors do not expect government bailouts and must be willing to let firms fail in order to restore market discipline, a top Federal Reserve official said on Tuesday.
ATHENS/BRUSSELS - Greece and its European creditors on Tuesday sought to play down fears that Athens would default on a payment to the International Monetary Fund next week.
WASHINGTON - A gauge of U.S. business investment spending plans increased solidly for a second straight month in April, a hopeful sign for manufacturing activity after a long spell of weakness.
LONDON, May 26 - Britain's FTSE 100 index is set to edge higher at the open on Tuesday, with financial bookmakers seeing the index opening up 4 to 8 points, or 0.1 percent higher, and futures up 0.2 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on
LONDON, May 26 - European stock markets stumbled on Tuesday as Greece's debt problems and a battering for Spain's government in local elections offset a rise in airline shares.
TOKYO, May 26 - Japanese stocks edged up in a choppy session on Tuesday, with the eighth day of gains underpinned by optimism about the economy's recovery. The Nikkei 225 ended 0.1 percent higher at 20,437.48 after flitting between positive and negative territory during the session. Although the subdued activity raised the risk of profit-taking, the Nikkei's eight-day gains marked its longest winning streak since last August. The broader Topix was flat at 1,659.57, with o
May 26 - Hong Kong shares flirted with seven-year highs on Tuesday, as investors returning from Monday's holiday piled into stocks after Beijing's newly-unveiled cross-border investment scheme fuelled expectations of more money inflows from the mainland.
Europe Market Reports
Americas Market Reports
Asia/Pacific Market Reports
- Gold: PRECIOUS-Gold holds near 2-week low after worst day since April
- Oil Report: UPDATE 2-California oil spill takes toll on marine mammals, birds
- British Pound Report: Sterling near 2-1/2 month high against struggling euro
- US Dollar Report : FOREX-Dollar regains mojo on rate view, hits fresh high vs yen