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India gave permission on Saturday for exports of non-basmati white rice to resume as inventories in the world’s biggest exporter of the grain surge and farmers prepare to harvest a new crop in the coming weeks.
LONDON — European markets closed at a fresh record high Friday, as stocks tracked higher on news of China's stimulus blitz and investors assessed fresh inflation data.
Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as pressure on Europe's top automaker continues to rise.
Inflation moved closer to the Federal Reserve's target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.
Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year after China's central bank announced measures to stimulate the world's second-largest economy.
Shares of Hong Kong's New World Development surged following the resignation of Adrian Cheng, a member of the founding family.
With its larger-than-normal cut last week, the Federal Reserve sent a clear message that interest rates are heading considerably lower in the future.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .