LONDON, Sept 25 Reuters The pound slipped against the dollar on Wednesday, retreating from a twoandahalfyear peak a day earlier, as investors turn their focus to next month39;s British budget and the Bank of England39;s interest rate decision due eight days afterwards. Sterling fell 0.30 to 1.33725, marking a break after five consecutive days of […]

FTSE 100 down 0.3 Mining shares rise as metal prices gain Rightmove slips after rejecting takeover bid Sept 25 Reuters UK shares slipped on Wednesday, retracing gains from the previous session, as investors questioned whether the optimism over extensive stimulus measures in China was overdone. At 0715 GMT, the bluechip FTSE 100 was down 0.3. It […]

China39;s president pledged support for African panda issuers High debt loads among economies seen dampening issuance Concerns abound over liquidity of Chinese domestic markets NAIROBISHANGHAI, Sept 25 Reuters Plans by African governments to raise money on China39;s domestic debt markets via socalled panda bonds could be undone by their heavy debt loads and a wider […]

MUMBAI, Sept 25 Reuters The Indian rupee rose on Wednesday, hovering near a keenlywatched resistance level, helped by the U.S. dollar39;s struggles in the wake of the rally in the Chinese yuan and mounting expectations of a followup large Federal Reserve rate cut. The rupee was at 83.5350 at 1134 a.m. IST, up from 83.67 […]

TOKYO, Sept 25 Reuters Chinese stocks made brisk gains on Wednesday, extending their stimulusfueled rally to a second day, even as equities in the rest of the region struggled and crude oil retreated from a multiweek high. The dollar dipped to a fresh onemonth low versus the euro and a 2 12year trough to sterling after weak […]

STOXX 600 flat Sweden cuts interest rates to 3.25 from 3.5 SAP down on report of alleged pricefixing Sept 25 Reuters European shares pared some losses on Wednesday, supported by a rise in basic resources, even as a rally stimulated by China39;s stimulus package showed signs of slowing down. The panEuropean STOXX 600 index was trading […]

Andrew Jackson, head of fixed income at Vontobel Asset Management, joins BI chief emerging market fixed income strategist Damian Sassower, to discuss portfolio positioning and market expectations after the US Federal Reserve’s larger-than-expected interest rate cut.

TOKYO, Sept 24 Reuters The Australian dollar rose to its highest level this year on Tuesday as the central bank reiterated its determination to tame stubborn inflation, while the yuan climbed to a 16month peak after fresh stimulus steps from China. The Reserve Bank of Australia kept interest rates steady as widely expected, but traders hoping for […]

Sept 24 Reuters Major banks expect gold to extend its recordbreaking price rally into 2025 because of a revival in large inflows to exchangetraded funds ETFs and expectations of additional interest rate cuts from prominent central banks around the world, including the U.S. Federal Reserve. Strong physical demand from China and central banks supported gold […]

BENGALURU, Sept 24 Reuters Indian shares ended flat on Tuesday, having swung between slight gains and losses through the day, as the boost to metal stocks from China39;s new stimulus measures was offset by profitbooking, especially in banking and consumer stocks. The Nifty 50 closed 0.01 higher at 25,940.4 points, while the SP BSE Sensex fell 0.02 […]