stock market

 
 

Global growth worry hits stocks, but US data lifts dollar

NEW YORK, Dec 15 ― A gauge of global stocks tumbled yesterday after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States and China. Euro…


Stocks cheered by Trump trade talk; sterling springs off lows

LONDON, Dec 12 — Stock markets rallied today as US President Donald Trump sounded upbeat about doing a trade deal with China, while sterling jumped off 20-month lows as Prime Minister Theresa May vowed to fight a challenge to her leadership….


World stocks rally on China-US trade; pound slides on UK turmoil

LONDON, Dec 12 — Global stock markets rallied today on upbeat China-US trade news, while the pound hit yet another 20-month low as British Prime Minister Theresa May faces a no-confidence vote. Oil prices jumped one dollar as volatility continued…


Global economy in 2019: Growth beginning to fray

WASHINGTON, Dec 12 — American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest medical supply company is considering shipping production overseas amid growing uncertainty. Surveys of US business…


Pound keeps falling on Brexit quagmire; global stocks mixed

NEW YORK, Dec 12 — The British pound fell again yesterday due to mounting uncertainty over Prime Minister Theresa May’s Brexit plan, while European bourses advanced amid bargain-hunting. Wall Street experienced another volatile session, boosted…


Investors ditch European shares as political risk bursts

LONDON: Investors took cover and ditched European shares as a burst of political risk with a key vote on Brexit being delayed and unrest over the weekend in France added to concerns over global growth and US-China trade tensions. Losses accelerated at the end of the session when Wall Street indexes slid and the S&P 500 […]


Huawei exec seeks Canada bail, proposes electronic monitoring

VANCOUVER: A top executive of Chinese telecom giant Huawei sought release from Canadian detention, offering to submit to strict electronic monitoring, as Beijing escalates its protests over her arrest on a US warrant. Meng Wanzhou, Huawei’s chief financial officer, faces US fraud charges related to alleged sanctions-breaking dealings with Iran, and has been awaiting a Canadian […]


As India looks for new central bank head, investors worry about independence

MUMBAI, Dec 11 — Reserve Bank of India (RBI) Governor Urjit Patel’s shock resignation following a policy tussle with the government sent tremors through financial markets today, and investors are keen to see the government quickly name a…


Asian markets mixed, pound stuck around 20-month low

HONG KONG, Dec 11 — Asian equities were mixed today as investor attempts to track gains in New York are weighed by a perfect storm of issues that have hammered global markets, while the pound remained stuck around 20-month lows on Brexit…


Sterling sinks on Brexit vote delay, Asian shares dither

SYDNEY, Dec 11 ― The pound hovered near 20-month lows today, as political turmoil deepened in Britain with a key vote on Brexit being delayed while US shares staged a late rebound in a positive signal for Asian markets. British Prime Minister…