Global Markets

Asia stocks shine as Fed minutes hint at patience on hike


TOKYO - Asian shares rose on Friday, taking their cue from a jump in oil prices and Wall Street gains after minutes of the Federal Reserve's latest meeting damped down expectations of an imminent Fed rate hike.

Fed awaiting evidence global chill not knocking U.S. off track

WASHINGTON - The U.S. Federal Reserve thought the economy was close to warranting an interest rate hike in September but policymakers wanted firmer evidence a global economic slowdown was not knocking America off course. | Video

1:48am BST

Japan economy minister Amari: economy in recovery trend despite some weakness

TOKYO - Economics Minister Akira Amari said on Friday Japan's economy remained in a recovery trend although weakness was observed in some areas.

3:45am BST

IMF told that amid 'new mediocre' no room for mistakes by central banks

LIMA - Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing China are major risks, top international financiers told the International Monetary Fund's meeting.

4:54am BST

U.S. should ratify IMF reform to avoid isolation: Eurogroup head

LIMA - The United States should quickly ratify the 2010 reform of the International Monetary Fund, which gives emerging economies more say in the fund, to avoid isolation at a time of growing Chinese influence, the chairman of the euro-zone finance ministers said on Thursday.

2:18am BST

Euro zone aims to cap Greek debt servicing at 15 percent of GDP

LIMA - Euro-zone governments, Greece's biggest creditors, agree that debt relief for Athens should be accomplished by capping its debt servicing costs at 15 percent of gross domestic annually, the chairman of the euro zone finance ministers, Jeroen Dijsselbloem, said on Thursday.

08 Oct 2015
World Markets

European shares steady, Deutsche Bank underperforms

LONDON, Oct 8 - European shares were steady on Thursday, although Deutsche Bank fell and underperformed the broader market after it warned of a record pre-tax loss in the third quarter.

US STOCKS-Wall St rises after release of 'dovish' Fed minutes

* Energy sector leads advancers as oil rallies to three-month high

European shares rise as car makers rally

* Telefonica down on reported mobile merger doubts (Adds closing prices)

Nikkei up on cautious Fed minutes; Fast Retailing dives on earnings concerns

TOKYO, Oct 9 - Japan's Nikkei share average rose on Friday as Wall Street gained after the Federal Reserve's September meeting minutes suggested U.S. interest rates will remain near zero for the time being.

China, Hong Kong stocks rise as fears of near-term U.S rate hike recede

SHANGHAI, Oct 9 - China and Hong Kong stocks rose on Friday, tracking gains in global markets on growing expectations that the U.S. Federal Reserve will wait longer before raising interest rates.

5:57am BST
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