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Chinese yuan weakens

Beijing, June 7 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 121 basis points to 6.5618 against the US dollar on Tuesday, according to the China Foreign Exchange Trading…


Chinese shares open higher

Beijing, June 7 (IANS) Chinese stocks opened higher on Tuesday, with the benchmark Shanghai Composite Index up 0.07 percent, at 2,936.28 points. The smaller Shenzhen index opened 0.03 percent higher at 10,365.82 points, Xinhua news…


Tokyo stocks gain

Tokyo, June 7 (IANS) Tokyo stocks gained from the off on Tuesday as a solid showing on Wall Street overnight bolstered sentiment to buy as did the yen falling against the US dollar. The 225-issue…



PSG release Marquinhos for Rio 2016

Rio de Janeiro, June 7 (IANS) Paris Saint-Germain have agreed to release center-back Marquinhos for this year’s Olympic Games football tournament, the Brazilian starlet said. The 22-year-old, who is currently with Brazil’s squad for the…


Canadian stocks hit nine-month high

Toronto, June 7 (IANS) Canada’s main stock market in Toronto rose to a nine-month high as commodity price gains helped boost the index’s heavyweight energy sector and base metal miners, although gold miners pulled back…




Oil prices jump amid supply worries

New York, June 7 (IANS) Oil prices rebounded as investors worried about plummeting Nigerian production after a militant attack in Nigeria. The West Texas Intermediate for July delivery on Monday added $1.07 to settle at…



US dollar falls

New York, June 7 (IANS) The US dollar declined against most major peers after Federal Reserve Chair Janet Yellen failed to signal the timing of further interest rate-hikes. In late New York trading on Monday,…


Modi arrives in US

Washington, June 7 (IANS) Prime Minister Narendra Modi has arrived in the US from Switzerland on the fourth leg of his five-nation tour. Air India One touched down at Joint Base Andrews a little before…