bank stocks

 
 

Bank stocks pull down Bursa at opening

KUALA LUMPUR, June 13 — Bursa Malaysia opened lower today, weighed down by banking stocks led by Public Bank and Maybank. At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) trimmed 8.35 points to 1,755.81, after opening 2.6 points…


Wall Street opens higher as bank stocks rise

NEW YORK, June 12 — US stocks opened slightly higher today, with bank stocks gaining as the Federal Reserve kicked off its two-day policy meeting, while a historic US-North Korea summit failed to impress investors. The Dow Jones Industrial Average…


South-east Asia stocks fall on heightened global caution

SINGAPORE, June 8 — South-east Asian stock markets fell today on heightened caution ahead of a key meeting of global leaders and amid expectations that the Federal Reserve will raise US interest rates next week. Global risk appetite took a hit…


Risk appetite returns as euro, Bund yields rise, copper surges

LONDON, June 7 — World stocks hit a three-week high today and the euro and German Bund yields also rose as investors priced in a potentially earlier-than-expected wind-down of stimulus from the European Central Bank. The selloff in safe-haven…


Wall Street rises on economic data, easing trade worries

NEW YORK, June 7 ― Wall Street indexes rallied yesterday with help from financial stocks as investors eyed strong economic data and trade war fears took a back seat while the Nasdaq registered its third straight record closing high. White House…


Nasdaq ends at record close, S&P edges higher on data

NEW YORK, June 6 — The Nasdaq closed at a record high for the second day in a row with help from the technology and consumer discretionary sectors, while the S&P 500 edged higher as investors eyed solid US economic data. However, bank stocks…


RBS finance chief in surprise exit ahead of British stake sale

EDINBURGH, May 30 — Royal Bank of Scotland’s finance chief quit unexpectedly today and cast doubt on the timing of a possible sale of some of the British government’s controlling stake. Former investment banker Ewen Stevenson declined to say…


Wall St bounces back after selloff driven by Italy turmoil

NEW YORK, May 30 — Wall Street rose today, with gains in energy and banking stocks fueling the recovery from a steep selloff driven by Italy’s political crisis. A renewed attempt to form a coalition government in Rome by the two…


Feels like 2012 crisis as Europe markets shudder on Italy

ROME, May 30 — It looks like the debt crisis days of 2012 all over again for investors, as Italian, Portuguese and Greek bond yields surged and billionaire George Soros warned of an “ existential threat” to the European Union. The trigger was…


Wall Street down on Italy worries, bank shares drop

NEW YORK, May 30 — The S&P 500 and the Dow Jones Industrial Average registered their biggest one-day percentage drops in a month yesterday as political turmoil in Italy sparked concerns about the stability of the euro zone and shares of US…