FOREX-Euro slips, Aussie shrugs off China rate cut *Aussie reverses rally as China rate cut effect quickly fades. *HSBC final China PMI report due next. SYDNEY, March 2- The flagging euro probed fresh one-month lows early on Monday in a subdued start to the week, while an interest rate cut in China over the weekend gave commodity currencies only a fleeting boost.
| By: Ian Chua
India's regulatory shakeup could revive commodities markets MUMBAI, Feb 28- India on Saturday proposed to merge its commodity market regulator with the capital market watchdog, aiming to strengthen regulation in a move which could help open the commodity futures market to institutional investors. Responding to the measure, shares of Multi Commodity Exchange of India Ltd, India's biggest commodity exchange and its...
| By: Rajendra Jadhav
GLOBAL MARKETS-Stocks fall on mixed data; oil rebounds NEW YORK, Feb 27- U.S. stocks closed lower on the last trading day of February after mixed U.S. economic data on a day when European stocks hit records and oil prices rebounded for their first monthly gain since June. The Nasdaq was the weakest of the three major U.S. indexes on Friday, weighed down by Apple Inc as some investors took profits ahead of its March 9 product...
| By: Sinead Carew
A prime opportunity to turbo-charge our economy Here's a prime opportunity to turbo-charge our economy, says Rep. Vern Buchanan, a House Ways and Means member, who just returned from Asia.
| By: Rep. Vern Buchanan, member of the House Ways and Means Committee
The week ahead: Buffett on Squawk Box Monday CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. Berkshire earnings, and a mobile extravaganza. And the Affordable Care Act comes before the Supreme Court, again.
US stocks post strong gains for February U.S. stocks posted gains of 5 percent or more in February, despite closing modestly lower on the last trading day of the month on Friday.
| By: Evelyn Cheng
GLOBAL MARKETS-Wall Street falls on mixed data, Nasdaq retreat; oil rebounds NEW YORK, Feb 27- U.S. stocks edged down late in Friday's session on the last trading day of February, led by technology stocks, but oil prices rebounded for their first monthly gain since June. European shares broke multi-year records ahead of the European Central Bank's planned moves to stimulate growth. The Nasdaq was the weakest of the three major U.S. indexes,...
| By: Sinead Carew