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Mumbai/Nagpur: The stock market seems to be moving in just one direction, as the Sensex’s south-bound journey on the back of relentless selling pressure shaved 800 points off the index in last two days.

The New York Stock Exchange invoked a rule saying market makers don’t have to disseminate price indications before the opening bell in an effort to make it easier and faster to open stocks on a volatile trading day.

Prices of crude have collapsed by close to 62 percent since the November high of close to $105 last November which is being seen as a huge negative for oil producing countries in the Middle East.

U.S. consumer prices rose slightly in July, but a solid increase in the cost of shelter suggested inflation was probably stabilizing enough to support expectations the Federal Reserve will raise interest rates this year.

The TOPIX index of all First Section issues ended down 92.14 points, or 5.86 percent, at 1,480.87, the lowest level since February 17.

By increasing demand for them, the government hopes prices will rise. As the slide highlighted on Monday, those efforts have not been a success.

The benchmark Shanghai Composite Index fell 8.5 percent, its biggest one-day loss since February 2007.

Australian Treasurer Joe Hockey said that though markets would remain volatile for a while, the global economy’s fundamentals remained fairly strong.

Yet those gains would come at the expense of manufacturers in other countries, including the United States and Europe.

Greece’s partners in the euro currency are debating whether to give that country billions of dollars in new loans, now that the Greek parliament has passed a package of painful reforms and spending cuts.

The Harley-riding governor said his next trip to New Hampshire will be on Labor Day, when he’ll ride his motorcycle through all 10 counties of the Granite State.

What is really unusual, however, is that over the past year the U.S. has refused to defend its export market share, as the U.S. government has taken no official policy position on the value of its currency. Yet those gains would come at the expense of manufacturers in other...

Not only are e-cigarettes less harmful, the products may be contributing to falling smoking rates among adults and young people, according to the review. He suggested that “local stop smoking services should look to support e-cigarette users in their journey to quitting...

Eurogroup chairman Jeroen Djisselbloem said that there were “differences” among foreign ministers of Eurozone, but they “managed to solve the last issues”.

Anxiety has been growing over the global economy amid lower commodities prices, plunging emerging-market assets and a selloff in both stocks and bonds sold by lower-rated U.S. companies, known as junk bonds.