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Wall Street started the week with another round of selling, placing the market squarely in “correction” mode. This is just the latest data point out of the world’s second- biggest economy that suggests economic softening.

First, the Reserve Bank of India has been saying that monetary policy will be in the neutral gear when policy interest rates are two percentage points above the inflation rate.

In Australia, the market on Monday lifted more than 1 per cent on the back of a strong performance by the banks and a big merger in the telco sector.

The benchmark indexes Sensex and the Nifty fell around 1 percent each on Monday, with weak global cues and caution ahead of the RBI policy review weighing on sentiment. Though, the expectations are high from RBI’s governor Raghuram Rajan to cut its key repo rate to a...

Futures on the Nasdaq exchange were down 0.5 percent.

A sell-off in drug manufacturers extended into a second week.

The USA economy expanded more than previously estimated in the second quarter on stronger consumer spending and construction, the second upward revision in a row.

“Most FOMC participants, including myself, now anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter“, Yellen said. The late sell-off on Friday...

Though the Fed didn’t raise rates this month, Heidi Richardson explains how to potentially prepare your bond portfolio for the rate regime change. The Fed has been reluctant to shake the boat in the wake of the financial crisis, fearing it could scare off investors and stun...

The European and USA markets ended firmly in the red and the Asian bourses figure to open in similar fashion.

The Caixin Flash China manufacturing purchasing manager’s index (PMI) fell further to 47 in September from 47.3 in August (see chart 1), coming in below expectations. Levels below 50 signify a contraction. “Overall, the fundamentals are good”, said Dr. He Fan,...

“China shares were up for the third day on the trot, a running streak unseen for a month thanks to optimism surrounding President Xi’s state visit to the USA”, said Mike Van Dulken, analysts at Accendo Markets.

Korea’s benchmark Kospi index is up 0.32 percent at 1,970 points.

The US Federal Reserve’s decision to keep rates on hold last week didn’t come as a surprise to CMC Markets trader Sheldon Slabbert.

MSCI Asia Pacific Excluding Japan Index fell 2.1 percent to 399.04 as of 10:38 a.m.in Hong Kong, as commodity producers led declines after raw-material prices tumbled. Oil dropped. Australian bonds gave back Monday’s gains.