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Wall St ends little changed ahead of holiday break

NEW YORK: US stocks closed little changed on Wednesday with telecom services shares among the biggest gainers, while the energy sector rose, tracking gains...

Prices gain as Fed minutes show Dec rate hike likely

NEW YORK: US Treasury prices gained slightly after the minutes from the Federal Reserve’s latest meeting on Wednesday affirmed market expectations that it will...

CBOT soybeans end higher on technicals, La Nina worries

CHICAGO: Chicago Board of Trade soybean futures rose on Wednesday on technical buying ahead of the US Thanksgiving holiday and worries that the La...

US crude pares gains, but lingers near 2-year high

BOSTON: Oil pared gains on Wednesday after US crude stockpiles fell less than an industry group’s expectations, but remained near a two-year high as...

OPEC ministers say oil market is finding balance

SANTA CRUZ: OPEC will need to extend supply cuts when it meets next week to end years of global oil oversupply, oil ministers from...

Nasdaq edges to record as Fed minutes signal higher rates

NEW YORK: Wall Street stocks treaded water Wednesday, with the Nasdaq edging to a fresh record, as Federal Reserve meeting minutes showed a majority...

EMERGING MARKETS-Turkish lira tumbles to record low

LONDON: The Turkish lira hit a record low on Wednesday and local bond yields rose to fresh peaks on political strains and worries about...

Wall St flat in low volume session; ISPs rise on net...

NEW YORK: US stocks were little changed on Wednesday with telecom services shares among the biggest movers, while energy sector also rose tracking gains...

Sri Lankan rupee edges up on dollar selling by exporters

COLOMBO: The Sri Lankan rupee closed marginally higher on Wednesday, as dollar conversions by exporters outpaced importer demand for the US currency, dealers said.The...

Wheat firm as investors adjust bets before Thanksgiving

PARIS/SINGAPORE: Chicago wheat edged higher for a second session on Wednesday as the run-up to the Thanksgiving holiday prompted investors to cover short positions...

US stocks pause near records ahead of Fed minutes

NEW YORK: Wall Street stocks paused near record levels early Wednesday ahead of Federal Reserve meeting minutes expected to shed light on the likelihood...

London stocks rise before UK budget; Frankfurt dips on vote gloom

LONDON: The London stock market firmed Wednesday in cautious trade before Britain’s annual budget, but Frankfurt fell on continued political uncertainty in Germany.The British...

Tokyo stocks close higher echoing global rally

TOKYO: Tokyo stocks closed higher on Wednesday, tracking rallies on Wall Street and in line with advances in other Asian markets, but rises were...