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Obama seeking to save health care reform

Washington, Jan 5 (IANS) President Barack Obama visited the Congress to ask Democratic legislators to remain firm against Republican efforts to repeal the Affordable Care Act (ACA) health reform. As Obama was meeting with Democratic…






Chinese shares open lower

Beijing, Jan 5 (IANS) Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.03 per cent to open at 3,157.91 points. The smaller Shenzhen Component index opened 0.02 per cent lower…



Chinese yuan strengthens

Beijing, Jan 5 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 219 basis points to 6.9307 against the US dollar on Thursday, according to the China Foreign Exchange Trade…


New UN chief speaks to Trump

United Nations, Jan 5 (IANS) UN Secretary-General Antonio Guterres spoke on phone with US President-elect Donald Trump, UN Deputy Spokesperson Farhan Haq said. Haq said “this was an introductory phone call during which they had…




US dollar declines amid Fed minutes

New York, Jan 5 (IANS) The US dollar fell against other major currencies on Wednesday as investors were digesting the latest Federal Reserve minutes. In late New York trading, the euro rose to $1.0463 from…




US stocks rally ahead of Fed minutes

New York, Jan 5 (IANS) US stocks traded higher in the morning session on Wednesday, as investors awaited minutes from the Federal Reserve’s latest meeting. The Dow Jones Industrial Average rose 47.09 points, or 0.24…