Stocks advance on plans for U.S.-China trade talks; Turkish lira buckles

By Ritvik Carvalho LONDON, Aug 17 : World stocks rose on Friday as news of plans for U.S.-China trade talks soothed nerves over their tariff war, while the recovery in Turkey’s lira ran out of steam. The MSCI All-Country World index, which tracks shares in 47 countries, was up 0.2 percent but set for its […]

Asian shares trim losses on renewed Sino-U.S. talks; Turkey, China worries weigh

By Tomo Uetake TOKYO, Aug 16 : Asian shares pulled away from one-year lows on Thursday, after Beijing said it will hold trade talks with Washington this month, although Turkey’s currency crisis and fears of an economic slowdown in China kept most markets in the red. MSCI’s broadest index of Asia-Pacific shares outside Japan stood […]

Asian stocks hit 1-year low amid Turkey woes, bearish China equities

By Shinichi Saoshiro TOKYO, Aug 15 : Asian stocks retreated to a one-year low on Wednesday as bearish Chinese markets worsened investor sentiment already hurt by Turkey’s financial crisis. Spreadbetters expected European stocks to open slightly higher, with Britain’s FTSE seen rising 0.2 percent, Germany’s DAX adding 0.1 percent and France’s CAC gaining 0.15 percent. […]

Asian stocks retreat as Turkey worries weigh, dollar buoyant

By Shinichi Saoshiro TOKYO, Aug 15 : Asian stocks retreated on Wednesday, failing to follow Wall Street’s gains, while the dollar was near a 13-month high as concerns about Turkey’s financial crisis weighed on investor appetite despite the lira’s move away from an all-time low. The lira –which plummeted to a record low of 7.24 […]

Oil mixed as Iran sanctions seen tightening market, trade spat weighs on trade

By Henning Gloystein SINGAPORE, Aug 10 : Oil markets on Friday were torn between concerns that the U.S.-China trade dispute would stall economic growth, while Washington’s sanctions against Iran were expected to tighten supplies. Front-month Brent crude oil futures were at $72.12 per barrel at 0246 GMT, up 5 cents from their last close. U.S. […]