Market News

    Asia stocks on the skids, HK hits 11-month low

    SYDNEY, Sept 20 (Reuters) - Asian shares slid and the dollar held firm on Monday ahead of a week packed with no less than a dozen central bank meetings, highlighted by the Federal Reserve which is likely to take another step toward tapering.

    Oil down on stronger greenback, rising U.S. rig count

    MELBOURNE, Sept 20 (Reuters) - Oil prices fell on Monday, extending losses from Friday after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico output remained offline in the wake of two hurricanes.

    Safety flows extend dollar rally ahead of Fed

    SINGAPORE, Sept 20 (Reuters) - The dollar rallied to a month-high in Asia on Monday as looming catastrophe at indebted developer China Evergrande added extra nerves to a cautious mood, with investors bracing for the Federal Reserve to take another step towards tapering this week.