Politicians in Washington hope to have US government open by 15 October.
Britain's Royal Mail's shares leap 36% in on their London trading debut.
Markets across the region enjoy a 1% rally.
Global summit on tackling spy agencies' activities to take place in Rio de Janerio.
Democrats refuse to buy Republican proposal for short-term extension of Treasury's borrowing powers as it is not tied to plan to re-finance government.
New report on central banks discusses challenges of exiting radical monetary policies
Negotiations could begin soon to end the political stalemate in Washington D.C.
President Barack Obama is due to meet Republicans on 10 October.
Yellen expected to win Senate confirmation "by a wide margin".
Yellen expected to continue Ben Bernanke's asset buying programme and be a safe pair of hands
President Barack Obama to meet Republicans to break the ongoing political impasse.
Energy Information Administration to put out weekly supply report on 9 October.
President Obama will tip Yellen for top position later today.
President Obama's decision to nominate Janet Yellen for the Fed chair fails to boost sentiment.
US president calls on Republicans to end government shutdown and lift debt ceiling before any negotiations on fiscal issues.
US will run out of cash to pay its bills on 17 October.
US' biggest foreign creditor tells US Congress to resolve the political impasse over the budget for 2014
Mainland China resumes trading after week-long holiday.
US shutdown forces President Barack Obama to cancel Asia trip and join Xi in giving speech.
Investors fear foreigners will reduce investments in India and drag markets down.
US shutdown affects investor sentiments amid lower China PMI.
US Trade Representative Michael Froman says the US unable to send full team to Brussels to discuss Transatlantic Trade and Investment Partnership with EU.