Wall St set for higher open on healthy earnings, lira rebound

By Amy Caren Daniel Undated, Aug 14 : U.S. stocks were set to open higher on Tuesday on the back of healthy earnings reports and a recovery in Turkish currency, which snapped its free fall after three weeks of slide. Turkey’s lira recovered after the country’s central bank moved to ease pressure on the currency, […]

Nikkei hits 1-month low as chip sector tumbles; strong yen dents confidence

By Ayai Tomisawa TOKYO, Aug 10 : Japan’s Nikkei fell to a one-month low on Friday as semiconductor-related shares tumbled after Morgan Stanley downgraded its view on the U.S. chip sector, which offset any boost from Japan’s better-than-expected economic growth. The Nikkei share average ended 1.3 percent lower at 22,298.08, the lowest closing level since […]

Wall Street rises as climbing yields boost financials

By April Joyner NEW YORK, July 24 : Wall Street stocks largely rose on Monday as a jump in 10-year bond yields boosted financials and as news of upcoming international trade talks offset the negative impact of the strengthening U.S. dollar on corporate earnings forecasts. The financial sector rose 1.4 percent after 10-year U.S. Treasury […]

Japan stocks bounce as yen bows before strong dollar

By Wayne Cole SYDNEY, July 18 : Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. Japan’s Nikkei leapt 1 percent as a weakening yen promised to […]

Vietnam’s stock market falls victim to U.S.-China trade war

By Khanh Vu and Mai Nguyen HANOI, July 17 : Vietnam’s smoking hot economy and raging stock market have become Asia’s earliest casualties in U.S. President Donald Trump’s trade war with China, as the export-reliant nation counts both among its top trading partners. The Vietnamese stock market, Asia’s top performer with 48 percent gains in […]

Pound, China data put pressure on Britain’s FTSE

By Kit Rees LONDON, July 16 : The UK’s top share index retreated on Monday as a stronger pound weighed while soft China data hit miners amid persistent worries over global trade. Britain’s blue chip FTSE 100 index was down 0.1 percent at 7,650.91 points by 0912 GMT, while mid caps rose 0.5 percent. The […]