WASHINGTON — The Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation.
TOKYO (Reuters) - Asian stocks rose on Thursday to the highest in a month after the Federal Reserve signaled rate settings were likely to remain accommodative, but the imminent UK election and a deadline for Sino-U.S. trade talks kept investors cautious.
SINGAPORE (Reuters) - The dollar nursed its steepest losses in weeks on Thursday, after the U.S. Federal Reserve’s benign inflation outlook hosed down expectations for a rate hike any time soon, pushing Treasury yields lower.
TOKYO (Reuters) - Oil prices steadied on Thursday with the market mood switching to relief as OPEC forecast a supply deficit next year, from doom and gloom over data showing a surprise increase in U.S. crude inventories.
MUMBAI (NewsRise) -- Passenger vehicle sales in India declined in November after a blip in the previous month, prompting the nation's main auto industry group to call for tax cuts to spur demand for cars and motorcycles.
- Car sales sank 5.4 per cent in November from a year earlier, the China Association of Automobile Manufacturers said on Tuesday
- Sales for the 11 months through November were down 10.5 per cent from a year earlier