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Chinese yuan weakens

Beijing, Nov 15 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 204 basis points to 6.8495 against the US dollar on Tuesday, according to the China Foreign Exchange Trading…


Chinese shares open mixed

Beijing, Nov 15 (IANS) Chinese stocks opened mixed on Tuesday, with the benchmark Shanghai Composite Index down 0.01 per cent to open at 3,209.95 points. The smaller Shenzhen Component Index opened 0.02 per cent higher…




Tokyo shares open higher

Tokyo, Nov 15 (IANS) Tokyo shares opened higher on Tuesday as investors were cheered up by a record-high close of Dow Jones Industrial Average overnight and a softer yen. The 225-issue Nikkei Stock Average added…



Oil prices extend losses

New York, Nov 15 (IANS) Oil prices extended last week’s declines on Monday, dragged down by worries about oversupply as Organization of Petroleum Exporting Countries (OPEC) saw record crude production last month. The West Texas…



US dollar rallies on rate-hike expectations

New York, Nov 15 (IANS) The US dollar climbed against other major currencies as President-elect Donald Trump’s potential economic policies boosted market expectation for further interest-rate increases. In late New York trading on Monday, the…


US stocks trade mixed

New York, Nov 15 (IANS) US stocks traded in a narrow range as investors continued to digest the outcome of the country’s presidential election. The Dow Jones Industrial Average on Monday gained 28.53 points, or…