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Bonds, rupee up on Fed meet outcome

Thu, 14 Dec 2017 09:12:43 +0530

MUMBAI (Reuters) - Indian bond yields dropped while the rupee rose on Thursday after the U.S. Federal Reserve raised interest rates in line with expectations while keeping the outlook unchanged.(image)

Fed raises interest rates, keeps 2018 policy outlook unchanged

Thu, 14 Dec 2017 05:22:07 +0530

WASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in U.S. economic growth from the Trump administration's proposed tax cuts.(image)

WPI inflation touches 8-month high of 3.93 percent in November

Thu, 14 Dec 2017 12:08:41 +0530

NEW DELHI (Reuters) - India's annual wholesale price inflation accelerated in November to an eight-month high, driven by faster rises in prices of food and fuel products, government data showed on Thursday.(image)

Sensex edges down ahead of exit poll

Thu, 14 Dec 2017 12:22:27 +0530

(Reuters) - Indian shares fell on Thursday, as investors waited for early forecasts on the winner of a key state election, with sentiment also muted as inflation ticked higher and industrial output weakened.(image)

Asia stocks slightly up after Fed move; dollar, U.S. yields sag

Thu, 14 Dec 2017 12:25:06 +0530

TOKYO (Reuters) - Asian stocks generally rose on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike, while its caution on inflation tempered expectations for 2018 tightening, weighing on the dollar and Treasury yields.(image)

WTO meeting ends in discord, ministers urge smaller-scale trade talks

Thu, 14 Dec 2017 08:13:35 +0530

BUENOS AIRES/WASHINGTON (Reuters) - The World Trade Organization failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging U.S. criticism of the group and vetoes from other countries.(image)

Factbox: Saudi Arabia's $19 billion private sector stimulus package

Thu, 14 Dec 2017 13:06:01 +0530

(Reuters) - Saudi Arabia's King Salman issued a royal decree approving 72 billion riyals ($19.2 billion) worth of measures to stimulate growth in the private sector next year, state news agency SPA reported on Thursday.(image)

November palm oil imports fall to eight-month low - trade body

Thu, 14 Dec 2017 13:32:33 +0530

MUMBAI (Reuters) - India's palm oil imports dropped nearly 11 percent in November from a year ago to the lowest level in eight months, a trade body said on Thursday, as refiners curtailed purchases due to a hike in import tax.(image)

Bullish bets on most emerging Asian currencies drop: Reuters poll

Thu, 14 Dec 2017 11:22:35 +0530

(Reuters) - Investors cut their long positions on most emerging Asian currencies in the last two weeks, a Reuters poll showed, with bullish bets on the Indian rupee hitting the lowest since January as bonds dropped to a 16-month low.(image)

Disney deal set to value Fox at more than $75 billion: source

Thu, 14 Dec 2017 10:03:42 +0530

(Reuters) - Walt Disney Co's deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said.(image)