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International Business, World & Global Business News | Business News - Times of India
Get the latest International Business and Financial news from the US and other global markets and economies around the world.
1. US stocks slip on European economy concerns.
US stocks slipped on Tuesday on the back of fresh concerns over the health of the European economy which weighed on last week's optimism as traders return from a long holiday weekend..
2. Dollar falls to 15-year low against yen.
The dollar fell to a 15-year low against the yen Tuesday, plunging at one point to 83.52, as the Japanese unit took advantage of its status as a refuge currency amid global economic uncertainty..
3. China stocks end at new 4-mth high, steel in focus.
China's key stock index ended at a new four-month high on Tuesday, with a key resistance level prompting investors to sell off insurers and financials such as Ping An Insurance Group Co after a market rally on Monday..
4. US investors seek pay for pre-WWII German bonds.
A half a dozen US bondholders are turning to federal courts in an effort to force Germany to make good on its promise to repay the debts, which today could be worth hundreds of millions, if not billions, of dollars..
5. Barack Obama to announce $50bn infrastructure job plan.
President Barack Obama will announce on Monday a six-year plan to revamp the United States' aging roads, railways and runways with a $50 billion up-front investment to jump-start job creation..
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