Asian stocks fell, with the regional benchmark index heading for its first monthly decline since May, as investors await a speech by U.S. Federal Reserve Chairman Ben S. Bernanke and as reports showed lower industrial output in South Korea and Japan amid

India's economy grew at a faster than expected pace during April to June on construction and services, data from the Central Statistics Office showed Friday. Gross domestic product advanced 5.5 percent annually compared to the expected expansion of 5.2

US stocks tumbled on Thursday ahead of a much-anticipated speech by Federal Reserve Chairman Ben Bernanke on Friday and as European woes renewed global growth worries. After hovering near break-even for the past three days, the main indices remained

Eurozone economic sentiment weakened further in August due to strong loss in confidence among consumers, retailers and construction managers. The economic sentiment index dropped to 86.1 from 87.9 in July, European Commission said Thursday. The reading

Markets recovered from the day lows to end higher on Thursday, following the expiry of August derivative contracts, led by financial shares. The 30-share Sensex provisionally ended up 80 points at 17,571 and the 50-share Nifty ended up 32 points at

The stock markets continued their lacklustre spell in the afternoon trading session on Thursday. Both benchmark indices were trading in the red in the absence of any fresh market triggers. The Sensex was at 17,477, down 15 points or 0.08 per cent while

European shares continued to drift lower on Thursday, with investors reticent about lifting their exposure to riskier assets given uncertainty over the next moves by the U.S. Federal Reserve and the outlook for the global economy. The FTSEurofirst 300

South Korean manufacturers' outlook on business conditions for September improved after easing for three consecutive months. The corresponding index rose by 5 points to 75 in September, a survey from Bank of Korea showed Thursday. Nonetheless, a reading

Sales of South Korean production hot dip galvanized steel increased by 8.7% YoY to 467,300 tonnes in July 2012. According to a recent survey by Korea Metal Journal of five major local HDG producers, the producers' HDG sales in July 2012 totaled 289,500

China Knowledge reported that Daqin Railway Co Ltd the operator of the largest coal-dedicated railway in China net profit fell 1.93% YoY to CNY 6.07 billion in the first half of this year due to rising costs. Earnings per share were CNY 0.41 during the

The overnight cash rate continued to tightly trade in range, at 8.00/8.05 percent versus 7.90/8.00 percent last close. Banks borrowed Rs 460.30 billion from the central bank's repo window on Wednesday, lowest in three sessions. The RBI is likely to

Markets have opened lower in trades today ahead of the expiration of August F&O contract. The Sensex has opened lower by 60 points at 17,430 and the 50-share Nifty has shed 19 points to open at 5,268. The global cues are also weak. Overnight, the U.S.

Japan's Nikkei share average fell on Thursday morning on a lack of incentives to buy, and weighed down by concern that U.S. Federal Reserve Chairman Ben Bernanke will not announce or signal an imminent stimulus campaign in his speech at Friday's Jackson