european markets

 
 

Asia, US boost global plastic output

PARIS, June 4 — Despite widespread alarm on the environmental cost, Asia and the United States lifted world production of plastic last year while Europe saw a dip, the PlasticsEurope federation said today. Voicing concern over US imports, the…


Trump doubles down on Mexico threat, markets rattled

WASHINGTON, June 1 — President Donald Trump escalated his abrupt tariff threats against Mexico today, triggering alarm about the likely economic fallout, spooking global markets and raising the prospect of US trade wars on multiple fronts. Trump…


Hong Kong stocks close higher after election relief

HONG KONG, May 28 — Hong Kong stocks rose today, tracking gains in European markets overnight as investors expressed relief that centrists had retained control of the European parliament after weekend elections. The Hang Seng Index edged up 0.38…


European shares rise, Athens stocks jump on snap election

LONDON, May 28 ― European shares rose yesterday, led by car-makers after Fiat Chrysler and Renault confirmed they were in talks to merge, while broader trading was mainly driven by regional politics. The STOXX 600 index rose 0.2 per cent, with…


European markets surge higher after EU election results

PARIS, May 27 — European stock markets opened higher today after EU Parliament elections presented few surprises and President Donald Trump made a positive statement on US-China trade talks. Frankfurt’s DAX 30 index jumped 0.8 per cent to…


Chipmakers weigh on European markets as Huawei fallout spreads

BERLIN, May 20 — European stock markets struggled in the face of a US crackdown on China’s Huawei Technologies today after a report that German-based chipmaker Infineon had halted shipments to Huawei. A profit warning from Ryanair also pressured…


Huawei: Rags to riches story, or Chinese Trojan horse?

SHANGHAI, May 17 — Chinese army technician Ren Zhengfei founded Huawei with just US$5,000 (RM20,885) in seed money, according to company lore, but 32 years later it is at the centre of a titanic tug-of-war between the United States and China for…


US sanctions on Huawei send stocks reeling; yields fall

LONDON, May 16 — European stocks fell, government bond yields slipped and the Japanese yen firmed today after the US government hit Chinese telecoms giant Huawei with severe sanctions, further straining Sino-US trade ties. An index of European…


Most Asian markets up but traders on edge as tariffs are hiked

HONG KONG, May 10 — Shanghai led gains across most Asian and European markets today at the end of a torrid week for equities, with investors keeping a nervous eye on China-US trade talks after Washington more than doubled tariffs on US$200 billion…


Global stocks on the ropes after Trump trade war threat

LONDON, May 8 — Punch-drunk stock markets suffered through a third straight session of trade war fears today, trembling at the prospect of President Donald Trump unleashing a trade war on China. His threat to hike tariffs on US$200 billion of…