Business

Asian investors prepare for choppy trade as U.S. stimulus talks drag on

NEW YORK (Reuters) – Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential election on Nov. 3.FILE PHOTO: A TV reporter stands in front of a large screen showing stock prices […]

Business

Wall Street jumps on hopes of piecemeal stimulus progress

NEW YORK (Reuters) – Wall Street advanced in a broad rally on Wednesday as investors recovered from the shock of President Donald Trump’s announcement that he intended to halt stimulus talks until after the election, taking heart that incremental aid could be in the offing.FILE PHOTO: Traders wearing masks work, on the first day of […]

World News

Eurozone doomed: Single currency finished says Brexiteer – ‘Smoking heap of rubble’

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. In a stinging attack, Mr Lowe said said the monetary union was causing untold misery to millions of people across the European Union in countries which have adopted the euro as their […]

Business

Stimulus hopes ease markets into eventful fourth quarter

NEW YORK (Reuters) – Renewed U.S. stimulus hopes lifted gold prices and global equity markets on Thursday, but talks faltered while an all-day outage on Tokyo’s Nikkei and a Brexit legal dispute sparked a bumpy start to what looks to be a volatile fourth quarter.The 11 Wall St. door of the New York Stock Exchange […]

Business

Global stocks pull back as acrimonious U.S. debate stokes caution

SINGAPORE/HONG KONG (Reuters) – U.S. equity futures fell and safer assets like the yen and dollar found buyers on Wednesday after a chaotic first U.S. presidential debate turned investors cautious, though strong factory surveys gave a boost to Chinese shares.FILE PHOTO: Passersby wearing protective masks walk past an electronic board showing Japan’s Nikkei average, the […]

Business

Shares lose ground as U.S. presidential debate looms

LONDON (Reuters) – European shares slipped on Tuesday as investors awaited a pivotal U.S. presidential debate and watched for progress of a fiscal stimulus package in Washington.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 24, 2020. REUTERS/StaffThe broad Euro STOXX 600 fell 0.4%, eroding […]

Business

Global shares slip as U.S. presidential debate looms

LONDON (Reuters) – European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 24, 2020. REUTERS/StaffThe broader Euro STOXX 600 fell 0.4%, eroding hefty […]

Business

Caution reigns in wake of Nasdaq bounce, euro drifts higher ahead of ECB meeting

SINGAPORE (Reuters) – Stock markets rose on Thursday, but without the spring of Wall Street’s tech rebound as Asia’s investors trod carefully, while the euro crept higher as currency traders stood by for a crucial European Central Bank meeting later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS snapped its longest […]

Business

Global shares stabilise, try to shrug off U.S. tech rout scare

TOKYO/HONG KONG (Reuters) – Asian shares and U.S. stock futures regained some footing on Tuesday following a small bounce in European markets as investors looked to whether high-flying U.S. tech shares could recover from their recent rout. Japan’s Nikkei .N225 advanced 0.4% as revised data confirmed the nation had slumped into its worst postwar contraction, […]

Business

Stocks rise as recovery hopes gather strength

LONDON (Reuters) – Shares gained on Wednesday as investors bet that improving economic data and more policy stimulus from Washington would sustain momentum for equities. European stocks followed Asia’s lead, advancing in early trading and on course to end four straight days of losses. London, Frankfurt and Paris indexes were all up around 1.4%. MSCI’s […]