European Shares Decline On Rate-hike Worries

European stocks fell on Monday to extend losses from the previous session, as traders priced in a 75-basis point Fed rate hike in September, taking the rate to a range of 3.75- 4 percent by the end of the year.

Indian Shares Slump On US Rate-hike Worries; IT Stocks Worst Hit

Indian shares followed global peers lower on Monday and the rupee hit a record low against the dollar, as Fed Chair Jerome Powell's hawkish remarks in Jackson Hole, Wyoming on Friday weighed on investors' appetite for

Silicon Labs' Board Authorizes Additional $200 Mln Share Repurchase

Silicon Laboratories Inc. (SLAB) announced Monday that its board of directors has increased the authorization for the repurchase of the company's common stock by $200 million to a total of $450 million.

MetLife Investment Management To Buy Affirmative Investment Management For Undisclosed Terms

MetLife Investment Management or MIM, the institutional asset management business of MetLife, Inc. (MET), announced Monday that it has entered into a definitive agreement to acquire Affirmative Investment Management or

Indian Rupee Off 1-1/2-month Low Against U.S. Dollar

The Indian rupee recovered against the U.S. dollar in evening deals on Monday as the Reserve Bank of India intervened in the forex market to defend the currency.

Boeing Confirms Receipt Of Order For Eight More 767 Freighters From UPS

Aircraft maker Boeing Co. (BA) announced Monday an order from package delivery company United Parcel Service, Inc. (UPS) for eight more 767 Freighters. The incremental order will increase UPS's 767 Freighter fleet to 108

Euro Advances On Hopes Of Large ECB Rate Hike

The euro was higher against its major counterparts in the European session on Monday, as hawkish comments from policymakers of the European Central Bank raised expectations for a 75 basis-point rate hike in September.

Outlook For Interest Rates Weighs On European Markets

The major European stock markets were down again on Monday, extending losses from the previous session as traders continue to be nervous about the outlook for interest rates, both a home and across the pond.

Japan Jobless Data On Tap For Tuesday

Japan will on Tuesday release July figures for unemployment, highlighting a light day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 2.6 percent, and the jobs-to-applicant ratio is

Soft Start Anticipated For South Korea Stock Market

The South Korea stock market on Monday halted the three-day winning streak in which it had collected more than 45 points or 1.9 percent. The KOSPI now rests just above the 2,425-point plateau and it's in line for