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Japan approves $29 bn stimulus package

Tokyo (AFP) – The cabinet of Japanese Prime Minister Shinzo Abe approved a fresh stimulus package worth $ 29 billion Saturday in a bid to boost the economy, hit hard

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Dollar edges near multi-year highs after Christmas

NEW YORK (Reuters) – The dollar rose against the yen and euro on Friday in scant volume, with many major markets still closed after the Christmas holiday. The greenback approached

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Spain premier announces modest minimum wage raise

MADRID (AP) — Spain’s prime minister has announced minimal increases to the minimum wage and for government-funded pensions and predicted the nation’s economy will “take off” in 2015 following years

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Russia’s Finance Minister sees economy shrinking 4 percent in 2015

MOSCOW (Reuters) – Finance Minister Anton Siluanov said on Friday that the Russian economy could contract by 4 percent next year and that the budget could have a deficit of

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U.S. jobless claims fall for fourth straight week

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, underscoring the economy’s enduring strength. Initial claims for state unemployment

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S.Africa’s rand wavers in the wake of strong U.S. GDP

JOHANNESBURG (Reuters) – South Africa’s rand weakened against the dollar on Wednesday in what could be a negative trend for the currency going into 2015 after stronger-than-expected economic growth in

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Asia Markets: Asian shares mostly higher after gains in U.S.

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Dow tops 18,000 as market reaches new highs

The Dow Jones industrial average is breaking through another milestone, closing above 18,000 points for the first time following more

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EMERGING MARKETS-Brazil real drops on strong U.S. GDP data

(Recasts after release of stronger-than-expected U.S. data) SAO PAULO, Dec 23 (Reuters) – The Brazilian real weakened about 1.5 percent

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As recession looms, Russia acts to support ruble

MOSCOW (AP) — With its economy spiraling toward recession following Western sanctions and a dramatic fall in the price of

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Is the oil scare over for the stock market?

Crashing oil prices looked like the black death for the stock market. Then the market had its best two days

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Cuba expects stronger growth as relations with U.S. improve

HAVANA (Reuters) – Cuba said on Friday its economy will grow a healthy 4 percent in 2015, apparently banking on

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Tanzania’s GDP expands by 32 pct after rebasing – officials

By Fumbuka Ng’wanakilala DAR ES SALAAM (Reuters) – Tanzania’s gross domestic product has expanded by 32 percent after the state

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Tanzania’s GDP expands by 32 pct after rebasing – officials

DAR ES SALAAM (Reuters) – Tanzania said its gross domestic product has expanded by 32 percent after it rebased its

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Easing embargo would boost Cuba’s moribund economy

Havana (AFP) – Easing the 54-year-old US trade embargo would be breath of fresh air for communist Cuba’s moribund economy,

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Bank of Cyprus begins trading with a bump

Nicosia (AFP) – Cyprus’s largest lender returned to the Nicosia and Athens stock markets Tuesday after a 21-month absence following

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The sharing economy: Will self-regulation by startups suffice to protect consumers?

View photo . “Congress should share, but forbear.” That was the conclusion of a panel of an academic, a researcher,

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UK stocks suffer worst weekly rout since 2011 on economy fears

More than £100bn wiped off the FTSE 100 in its worst weekly fall since August 2011 The FTSE 100 suffered

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Lower oil prices prompt Norway interest rate cut

HELSINKI (AP) — In a surprise move, Norway’s central bank on Thursday cut its key lending rate as it frets

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Sensex

Sensex 29681.77122.59 (0.41%)

Nifty

Nifty 8952.3538.05 (0.43%)

HMap

Adv/Dec

Advances :1428 shares
Declines :1459 shares

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