Dollar Gets Support After Fed Officials See 2015 Rate Increase

The dollar held a two-day advance after two Federal Reserve officials said they expect the central bank to raise interest rates this year. The greenback maintained gains against most of its major counterparts Monday after New York Fed President William C. Dudley said such a policy move would probably be followed by gradual tightening. He echoed the sentiment of Chair Janet Yellen that an uncertain global outlook...

Oil Falls to Two-Week Low as Chinese Data Signals Weaker Demand

Oil fell to a two-week low as declining Chinese industrial profits signaled demand may be weakening in the biggest crude-consuming country after the U.S. West Texas Intermediate futures slid 2.8 percent, erasing last week’s 2.3 percent gain. China’s industrial-company profits declined 8.8 percent in August, the most in at least four years. Investors are awaiting the release of...

Saham Jepang Gabung Selloff Global Seiring Topix Menuju Level Terendah Sejak Februari

Aksi jual ekuitas global menyebar ke Jepang, mengirim indeks Topix menuju penutupan terendah sejak Februari. Topix turun 2,4 persen ke level 1,404.83 pada pukul 09:03 pagi waktu Tokyo, dengan kerugian perusahaan ekspedisi dan pembuat baja memimpin penurunan. Indeks Nikkei 225 Stock Average turun 2,1 persen ke level 17,270.23. Yen menguat 0,1 persen ke level 119,75 per dolar setelah penguatan 0,6 persen pada hari Senin seiring investor...

Asian Futures Signal More Losses as Markets Roiled; Bonds Climb

The selloff sweeping through global equity markets looked set to continue in Asia, with index futures signaling more declines amid mounting concern over the impact of China’s slowdown. Australian bonds rose and the yen held gains as rising volatility fueled demand for haven assets. Futures on gauges from Japan to Australia slumped as a measure of global stocks tumbled to a two-year low, putting it on track for the worst quarter since...

U.S. Stocks Fall as Biotech, Commodity Shares Lead Broad Selloff

U.S. stocks tumbled toward the worst levels of last month’s selloff as global equities slid amid a rout in commodity and biotechnology shares.  The Standard & Poor’s 500 Index fell 2.6 percent to 1,881.85 at 4 p.m. in New York, down for a fifth consecutive session to a one-month low. The Russell 2000 Index slumped 2.9 percent to an 11-month low. The S&P 500 is down 8.8 percent in the third quarter, poised for its worst...