MARKETS

Core consumer prices declined 0.4% in April from a year earlier, while industrial output rose 1.7%.

B&Q's sales in the UK & Ireland dropped 5.7% to £913m.

Fed plan to prune global asset purchases weighs on markets as investors resort to selling.

Shuanghui will pay $4.7bn in cash for Smithfield Foods, the largest takeover of a US company by China.

Fed fears force Dow and S&P 500 to shed 0.7%, while Nasdaq Composite falls 0.61%.

Industrial output rose 0.8% in April from March, less than economists' expectations of 1.0%.

The number of jobless Germans rises above estimates to 2.96 million in May.

An interest-rate cut could be the need of the hour to fill a 'physical' and an 'economic' hole that emerges owing to slowing mining activity and investments.

German monthly and yearly consumer price index data is expected during the day.

The IMF joins a number of private investment banks to cut China's growth outlook.

A stronger real estate market in the US could fuel the Federal Reserve's plans to roll-back its asset buys.

At least 14 member countries including Germany, Britain and the Netherlands oppose the plan.

European markets advance for a second Day as the FTSE Reopens with 1% gain

Nikkei gains in early trade supported by exporters' stocks.

Outgoing CEO Peter Voser urges the government to reduce taxes to drive innovation and investment.

A few members of the BoJ board believe it would be tough to achieve 2% inflation within the two-year time frame.

Markets in the UK remain shut on account of bank holiday.

Japanese exporters' shares are down after the US dollar fell below 101 yen level in early trade.

Japan's Nikkei tanked 7% on 23 May, pulled down by data that pointed to contracting manufacturing activity in China.

EU had accused Huawei and ZTE Corp of violating anti-dumping norms.

Markets show signs of recovery after sharpest single-day fall.

Gfk German Consumer Climate Index rises to 6.5 from 6.2 in previous month.

European Central Bank President says 'Europe needs a more European UK.'

Wall Street opens lower but makes up most of the losses by end of day owing to rally in HP stock.

Markit's flash Eurozone Composite Output index showed a reading below 50 in May, indicating a contraction in business activity.

Yields on Japan's long-term government bonds rose to more than 1% for the first time in 2013.

Several Federal Reserve officials were in favour of slowing down bond-buying as early as their June meeting.

Markets hit by China's manufacturing data and reports of Fed favouring slowing down bond purchase.

Preliminary HSBC China Manufacturing PMI showed a reading of 49.6 in May, indicating a contraction in activity.