MUMBAI, Feb 27 Reuters The Indian rupee declined against the dollar on Monday, as Asian currencies fell on the prospect of the U.S. Federal Reserve hiking interest rates further and for longer. The rupee finished at 82.8350 per dollar, against its previous close of 82.75. The currency weakened up to 82.9475 during the session, its […]

Feb 27 Reuters Most major Gulf markets opened lower on Monday, tracking Asian peers and weaker oil prices, as fears of further rate hikes by the U.S. Federal Reserve dampened investors39; risk appetite. Investors are braced for more challenging U.S. data including the closely watched ISM measures of manufacturing and services, the latter being especially […]

BERLIN, Feb 27 Reuters Germany39;s Commerzbank rejoined the DAX index on Monday, marking a comeback for Germany39;s No. 2 lender after it was removed from the club of bluechip companies in 2018. The return to the index comes after Commerzbank launched a major overhaul two years ago that saw thousands of job cuts and branch closures […]

Associated British Foods rises on strong Primark outlook Germany39;s Commerzbank surges to the top of DAX on comeback Dechra sinks to the bottom of STOXX on FY profit warning Defensive sectors track smallest gains Feb 27 Reuters Europe39;s STOXX 600 rose on Monday, supported by gains across all major sectors, rebounding from its worst weekly […]

SINGAPORELONDON, Feb 27 Reuters The dollar wavered near a sevenweek high on Monday, as investors took stock of last week39;s strong economic data and rapid reconsideration of where interest rates will peak. Data on Friday showed U.S. consumer spending rebounded sharply in January, while inflation accelerated. Traders now expect the Fed to raise interest rates to […]

Bunzl, Associated British Foods up after results RollsRoyce top of FTSE 100 after price target raise FTSE 100 up 0.8, FTSE 250 adds 0.4 Feb 27 Reuters The UK39;s FTSE 100 rose on Monday after upbeat earnings reports from Associated British Foods and Bunzl helped pull the index up from last week39;s battering on worries […]