News Today - June 29

* Japanese industrial output posts a 5.9% gain in May, an encouraging sign even though the rise is smaller than expected.

* Economy hits marriage choices in India

* The central bank governors of China and Brazil reportedly agree in principle to allow trade between the two countries to be settled in their respective currencies.

* Indian stocks emerged as the best performers among those in the emerging and the developed markets across the globe so far this year, giving investors the highest return of nearly 60 per cent.

* SEBI is considering increasing stock exchange trading hours so that market participants in India are better placed to react to developments in global markets. If the proposal is approved, the equity market will be open for trading from 9:00 am to 5:00 pm.