Currencies

Dollar Continues Slump, But Outlook Still Upbeat

The dollar fell to a five-week low on Friday, remaining under pressure for a third straight session after the Federal Reserve quashed hopes for a further bull run in the currency by keeping a gradual pace to its monetary tightening policy.

Premier: China won't devalue yuan to boost exports

China's top economic official says Beijing has no plans to devalue its yuan to boost exports and will keep its exchange rate "generally stable." Premier Li Keqiang's comments at a news conference Wednesday follow heavy spending by the central bank in currency markets to shore up the yuan's exchange rate against the dollar.

China markets buoyed by optimism over growth outlook

Chinese share benchmarks rose Monday on optimism about the economic outlook after the annual session of the National People's Congress opened in Beijing, while Tokyo's Nikkei 225 index drooped following North Korea's launch of missiles into seas near Japan.

China markets buoyed by optimism over growth outlook

Chinese share benchmarks rose Monday on optimism about the economic outlook after the annual session of the National People's Congress opened in Beijing, while Tokyo's Nikkei 225 index drooped following North Korea's launch of missiles into seas near Japan.

Wall Street Higher as Fed Raises Rates

U.S. stocks were near session highs in afternoon trading on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected.

Energy Drags Wall Street Lower

U.S. stocks fell on Tuesday as oil prices dropped to their lowest since November and airlines pulled industrial stocks down as a blizzard hit the U.S. Northeast.

Energy Drags Wall Street Lower

U.S. stocks fell on Tuesday as oil prices dropped to their lowest since November and airlines pulled industrial stocks down as a blizzard hit the U.S. Northeast.

Wall Street Drifts Along, Awaits Fed Decision

U.S. stocks ended little changed in light volume on Monday, with traders eyeing a Federal Reserve meeting expected to result in an interest rate increase later this week.

Pharma, Bank Stocks Pull Wall St Lower

U.S. stock prices closed lower on Tuesday as weakness in drug and financial shares sent the S&P 500 and the Dow Jones Industrial Average to their first consecutive sessions of declines in more than a month.