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The Australian and New Zealand dollars fell by 0.6% and 0.3% respectively against their United States counterpart, and even more against the Japanese yen and euro.

The Topix dropped 3.7 percent to 1,384.97 as of 12:41 p.m.in Tokyo, with about 30 shares falling for each that rose.

The Australian share market was slightly higher in early trade, with banks in positive territory but miners and energy stocks trading lower.

European markets ended solidly in negative territory as concerns over China returned to the forefront, after some disappointing economic data, prompting further weakness in commodity prices. In America, the US crude benchmark CLc1, West Texas Intermediate (WTI) settled down...

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.

The greenback rose on Friday as dollar bulls took heart after Federal Reserve Chair Janet Yellen kept the door open to a hike in interest rates later this year, a week after the central bank delayed aa long-anticipated move.

Futures on the Nasdaq exchange were down 0.5 percent.

On Wall Street, stocks ended mixed on Friday after athletic shoe giant Nike posted strong first-quarter income in greater China and Federal Reserve Chair Janet Yellen reassured that the US economy is stable enough to handle turmoil in emerging markets. The Nasdaq composite lost...

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

In a speech late Thursday, Fed Chair Janet Yellen, who spoke a week after the Fed delayed a long-anticipated rate hike, said she and other Fed policymakers do not expect recent global economic and financial market developments to significantly affect the central bank’s policy.

The fears were strong enough for the Fed to leave its benchmark interest rate at 0%, where it’s been since the depths of the financial crisis in 2008.

– Reuters pic, September 23, 2015.Brent crude oil rose towards US$50 RM217) a barrel on Wednesday as a drawdown in U.S. crude oil stocks outweighed the negative impact of weak economic manufacturing data from China.

Gold fell from one-month highs on Friday after Federal Reserve chair Janet Yellen kept the door open to an increase in USA interest rates this year, sparking a dollar rally, while palladium was on track for its biggest weekly rise in nearly four years.

Oil prices have been going down for more than a year and now, these are trading at less than half of what their peak levels were in 2014, thanks to huge oversupply by oil producers in North America an the Middle East.

US benchmark crude West Texas Intermediate (WTI) was trading at $46.69 a barrel Thursday at 11:56 a.m. EDT.