MARKETS / FINANCE

The vast majority of consumers on the subcontinent do not have access to a PC, but millions have smartphones.

The jeweler and specialty retailer faces challenges due to a strong U.S. dollar, but saw a boost in sales last quarter in fashion gold jewelry and statement jewelry.

All 30 stocks in the Dow closed lower Tuesday, while the S&P 500 information technology sector was the biggest decliner in the index.

Tuesday’s losses were led by sharp declines in the technology sector, with Apple, IBM, Intel and Microsoft all losing 1 percent.

Here's a glimpse at stocks on the move Tuesday.

Tom Hayes, a former UBS trader, pulled the strings in a benchmark manipulation scheme that has cost big banks billions, prosecutors say.

The IMF also said China still faced risks from unsustainable credit and investment growth.

European shares were down on Monday while the dollar held firm after U.S. Federal Reserve Chair Janet Yellen's comments.

India's firms have seen debt levels nearly triple in the past five years.

Activity was likely to be thin this session, as UK and U.S. markets are shut on Monday.

"Under current conditions, it seems unlikely that the OPEC production ceiling will change," Iranian Oil Minister Bijan Zanganeh says.

Mario Draghi says countries should act quickly on recommendations the central bank has made to complete economic and monetary union.

The S&P 500 financial sector edged higher in afternoon trading as it looks set to benefit from a hike in interest rates this year.

The Fed’s objectives of maximum employment and price stability are best achieved by proceeding cautiously, said Federal Reserve chair Janet Yellen.

Investors will be eyeing the speech for further clues as to the timing on when the central bank plans to lift rates.

Despite recent historic guilty pleas by major banks over forex manipulation, a divided SEC has exempted them from automatic penalties.

Hong Kong's stock market has become more volatile due to a new influx of buyers and investors from mainland China.

Asian countries will own between 72-75 percent of the bank, while European and other nations will own the rest.

The Dow came within roughly 25 points of its all-time high, set earlier this week.

Shake Shack’s stock is on the rise after its recent trademark application for "chicken shack."

Shares of the e-commerce giant leaped after it announced its Amazon Prime Now service is offering delivery from local stores in Manhattan.

Everyone from bankers to filmmakers wants to write code for the next Uber — but it’s not that easy.

The JPMorgan Chase Institute released its first report: a financial security study that recommends banking products.

The consumer electronic company’s profit and revenue beat Wall Street forecasts last quarter, boosted by sales of large screen televisions, mobile phones and appliances.

Controversy continues to surround the company's safety problems as the largest U.S. retailer of hardwood flooring plunged 17 percent after CEO Robert Lynch unexpectedly resigned.

The closely-watched Fed meeting minutes showed many officials believed it would be premature to hike interest rates in June.

The data storage equipment maker announced plans to lay off around 500 employees globally to cut costs and focus on cloud-based products.

The tactic that has driven trillions of dollars to shareholders has now come under fire from major pension officials.

Despite a favorable jobs report in April, the central bank seems likely to hold off on raising interest rates until September.