share index

 
 

Trade hopes support China, sterling totters on Brexit turmoil

SYDNEY, Dec 11 ― Chinese shares rose today after Beijing confirmed it was still in trade talks with Washington, but investor confidence remained fragile in Asia after Britain's prime minister postponed a Brexit vote, sending the pound to near…


UK stocks battered as PM May delays Brexit vote

MILAN, Dec 11 ― British shares fell yesterday as a delay to a parliamentary vote on Prime Minister Theresa May's Brexit deal threw the country's political future into the unknown, hitting the pound and domestically-exposed companies from…


Oil toils after worst month in a decade, Deutsche sinks DAX

LONDON, Nov 30 — Oil toiled at a more than one-year low after its worst month in a decade today, while most major markets were keeping moves tight ahead of a weekend meeting between US and Chinese presidents Donald Trump and Xi Jinping. Europe’s…


Pakistani stocks jump 3.3 per cent on Saudi offer of US$6 billion rescue package

ISLAMABAD: Pakistani shares soared 3.3 per cent in early trading on Wednesday after overnight news that staunch ally Saudi Arabia has offered a US$6 billion rescue package for the economy. The Pakistan Stock Exchange’s benchmark 100-share index rose 1,256.29 points to trade at 38,971.19 at 10.34 am (0534 GMT), according to the bourse’s website. The […]


World stock recovery loses steam as European auto sector takes beating

LONDON, Oct 17 — A recovery by global stocks proved short-lived as warnings over a slowing European auto sector soured an upbeat mood, while Wall Street was set for a slightly lower open after enjoying its best session in eight months the previous…


Britain’s FTSE relatively stable as Brexit impasse has mixed impact

MILAN, Oct 15 — Britain’s top share index was steady today as a deadlock in Brexit talks depressed domestic stocks but helped internationally focused companies as it weakened the pound. The FTSE 100 was down 0.1 per cent by 0813 GMT, while the…


Weak oil stocks drag FTSE 100 down, sterling support fades

LONDON, Oct 8 — Oil majors dragged Britain’s top share index down today as political risk gripped Europe and caution set in again on Brexit, weighing on sterling. The FTSE 100 was down 0.4 per cent by 0828 GMT as stocks across Europe fell 0.7…


Receding trade fears propel stocks to six-month peak

NEW YORK, Sept 22 — The US dollar rebounded and world shares hit a six-month high yesterday after China’s moves to boost domestic consumption bolstered a rally driven by investor bets that the latest US-China trade dispute was unlikely to dent…


China stocks snap 5-day losing streak to end higher

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SHANGHAI: Chinese shares snapped a five-day losing streak on Tuesday, as investors hunted for bargains in beaten-down real estate and banking stocks, but the threat of U.S. tariffs on $200 billion worth of imported Chinese goods still clouded the market. The Shanghai Composite index closed up 29.84 points, or 1.1 percent, at 2,720.73, ending a five-day losing streak. The blue-chip CSI300 index ended 1.27 percent higher, with its financial sector sub-index closed 1.58 percent firmer, the consumer staples sector closed up 1.22 percent, the real estate index ended up 1.83Read More


Turkey takes aim at rating agency ‘racketeers and impostors’

ISTANBUL, Aug 31 — Turkey accused Western credit rating agencies today of deliberately attempting to undermine the banking sector amid attacks on the lira. The scathing comments from President Tayyip Erdogan and his son-in-law, Finance Minister…