Easing of US-China trade tensions boosts stocks, dollar

By Laila Kearney NEW YORK, May 21 : Global stock markets edged higher on Monday and the U.S. dollar rallied to a five-month peak as trade tensions eased between the U.S. and China, while Italy’s borrowing costs climbed as two anti-establishment parties grew closer to power. U.S. Treasury Secretary Steven Mnuchin on Sunday declared the […]

U.S. stock futures jump after Mnuchin says trade war “on hold”

By Hideyuki Sano TOKYO, May 21 : U.S. stock futures jumped on Monday as U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is “on hold” after the world’s two largest economic powers agreed to drop their tariff threats while they work on a wider trade agreement. S&P mini futures rose 0.6 […]

Global stocks sink as soft China data, trade fears weigh

By Alasdair Pal LONDON, May 15 : World stocks fell on Tuesday as investors digested soft Chinese economic data and a lack of progress in U.S.-China trade talks, while a rise in U.S. borrowing costs supported the dollar. MSCI’s world equity index, which tracks shares in 47 countries, was down 0.3 percent. Europe’s benchmark Stoxx […]

Asian stocks up on hopes of thaw in U.S-China trade tensions

By Swati Pandey SYDNEY, May 14 : Asian shares rose to near two-month highs on Monday on hopes of a thaw in U.S.-China trade tensions, after U.S. President Donald Trump pledged to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company. Trump’s comments on Sunday came ahead […]

GLOBAL MARKETS-Dollar, yields slide on soft U.S. inflation, stocks rally

By Ritvik Carvalho LONDON, May 11 : World shares rose on Friday as investor appetite for risky assets got a boost from soft U.S. inflation numbers, helping soothe worries that the Federal Reserve might step up the pace of its rate hikes. The MSCI All Country World Index, which tracks shares in 47 countries, was […]