Asian shares stumbled and oil prices fell on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling ticked lower in the face of the latest twists and turns in the Brexit saga. Stocks FTSE futures (FFIc1) were off 0.2 percent. The blue-chip index (CSI300) off 1.2 percent. Hong Kong’s Hang Seng […]
European shares opened in negative territory on Tuesday as growth worries weighed on global markets and disappointing results from UBS added to the gloom and dragged the banking sector down. At 0837 GMT, the STOXX 600 (STOXX) was down 0.1 percent with bourses all across Europe losing ground as a new batch for corporate updates […]
Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) up 0.2 percent, after rising 1.6 percent last week. […]
The dollar held steady near a two-week high against other major currencies on Monday, as investor risk appetite held up despite the latest data showing China’s 2018 economic growth slowing to a near three-decade low. The dollar index, which measures its strength against a group of six major currencies, was steady at 96.308 (DXY) after being […]
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Global stocks rose to their highest in more than a month on Friday after a report suggested progress toward resolving the trade dispute between the United States and China. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.55 percent. The index has gained 1.3 percent this week. (SXAP) rising 1.3 percent. Germany’s exporter-heavy […]