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India releases GDP Friday: Here's what to expect

When India releases gross domestic product data on Friday that is expected to show the economy growing faster than China for a second consecutive quarter, skeptics could be forgiven for asking: Why does it feel so slow?
Source: Reuters
Dollar flirts with 2007 peak vs yen

The dollar hovered at eight-year highs against the yen early on Thursday, having stopped short of breaking above its 2007 peak as it consolidated recent gains against the euro and other peers.
Source: Reuters
GoPro jumps into virtual reality and drones

GoPro, known for having cameras strapped to snowboarders and skydivers, is going after the virtual reality and drone markets with some new products.
Source: CNBC.com | By: Ari Levy
BOJ's Kuroda: we're not brewing a bubble

Tokyo stocks are at fifteen-year highs and the yen at eight-year lows, but Bank of Japan Governor Haruhiko Kuroda told CNBC he doesn't think a bubble is brewing nor is he worried about where the yen is headed.
Source: CNBC.com | By: Mia Tahara-Stubbs
METALS-London copper edges off one-month lows as dollar drops

MELBOURNE, May 28- London copper edged up on Thursday as the dollar eased on vague hopes of a Greek debt deal, but prices were curbed as seasonal demand passes its peak and by plentiful supply. *The most-traded August copper contract on the Shanghai Futures Exchange slipped 0.2 percent to 44,120 yuan a tonne. *Chile's environmental regulator filed charges against...
Source: Reuters
Periscope, media companies talking about anti-piracy tech

CBS CEO Les Moonves, speaking at the Re/code conference on Wednesday, said Twitter and Periscope need to respond to media companies' concerns. "It would be really nice if our friends in the Valley would quit hiding behind the idea that they don't have to engage in the protection of intellectual property," ESPN President John Skipper said last week when asked about...
Source: Reuters | By: Yasmeen Abutaleb and Jennifer Saba
NYMEX-Oil prices edge up after two days of steep falls

SINGAPORE, May 28- Crude oil prices edged up on Thursday morning after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. *Front-month U.S. crude futures were up 25 cents from their last settlement at $57.76 per barrel by 0040 GMT on Thursday. *Brent futures climbed 40 cents to $62.46 a...
Source: Reuters
GLOBAL MARKETS-Asian shares up on Greek rescue hopes, dollar shines

*Vague hopes of deal for Greece underpin shares. *Investors still cautious amid uncertainty on Greece. TOKYO, May 28- Asian shares edged up on Thursday on vague hopes of a rescue deal for Greece while the dollar was at the helm in currency markets on expectations that the U.S.
Source: Reuters | By: Hideyuki Sano
PRECIOUS-Gold hovers near 2-week low on dollar, US rate outlook

SINGAPORE, May 28- Gold struggled to recover from a two-week low on Thursday as a robust dollar and the prospects of higher U.S. interest rates dented demand for the metal. *Spot gold was little changed at $1,186.95 an ounce by 0048 GMT, not far from a two-week low of $1,183.76 reached in the previous session. *Greece and its international creditors have converged on...
Source: Reuters
Nikkei leads gains in Asia to touch new 15-year peak

Asian shares advanced early Thursday, with Japan's Nikkei 225 scaling a new 15-year high, on the back of gains offshore and encouraging Greece headlines.
Source: CNBC.com | By: See Kit Tang