world markets

 
 

Shares slip from four-month high, Swedish crown slumps

LONDON, Feb 19 — European and Asian shares hovered near four-month highs today as investors took heart from some progress in Sino-US trade talks, while the yen dribbled lower as Japan’s central bank said it could ease policy again. World markets…


China offers to end market-distorting subsidies

BEIJING/WASHINGTON: China has pledged to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, according to three people familiar with the US-China trade talks in Beijing this week. China promised to bring all subsidy programs into compliance with World Trade Organization (WTO) rules, the sources said, […]


China offers to end market-distorting subsidies but won’t say how

BEIJING, Feb 15 — China has pledged to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, according to three people familiar with the US-China trade talks in Beijing this week….


Asian shares search for direction as US-China trade talks begin

SYDNEY, Feb 11 — Asian shares barely moved on today as investors were unable to shake worries about global growth, US politics and the Sino-US trade war, keeping the safe haven US dollar near a six-week top against major currencies. Chinese stock…


Asian markets post fresh gains, China growth slows to 28-year low

HONG KONG, Jan 21 — Asian markets today built on last week’s rally as investors cheered a report that China had offered to eliminate its massive trade surplus with the United States, while data showed Chinese economic growth hit forecasts in…


China says US trade talks ‘laid foundation’ to resolve concerns

BEIJING: China said yesterday that trade talks in Beijing with a US negotiating team had ‘laid the foundation’ to resolve concerns held by both sides in a bruising trade war. US officials visited Beijing from Monday to Wednesday for the first sit-down talks since President Donald Trump and Chinese leader Xi Jinping agreed on December […]


US negotiators in Beijing for trade war talks

BEIJING, Jan 7 — US negotiators today headed into talks with Chinese counterparts as the two countries seek a deal to end a trade war that has raised fears of global economic turmoil. The visiting delegation, led by Deputy US Trade Representative…


Yen’s surge is a red flag for world markets

LONDON, Jan 3 — A gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge—firing a warning shot for world markets and the global economy in 2019. Historically, outsized yen gains in short periods, such as the…


Equities markets limp to finish line after volatile week

NEW YORK, Dec 29 ― Global investors gravitated toward safe-haven assets yesterday as worries about the world economy persisted, cutting short a two-day rebound in Wall Street stocks. US stock indexes seesawed, making it difficult to end one of the…


Asian biz confidence wallows near three-year low on trade

SINGAPORE: A very cautious optimism remains among Asian companies in the fourth quarter as they wait to see whether there will be any breakthrough in a trade dispute between the United States and China, a Thomson Reuters/INSEAD survey showed. Representing the six-month outlook of 84 firms, the Thomson Reuters/INSEAD Asian Business Sentiment Index edged up […]