Australia shares recover on banks, telcoms; NZ soft

By Anusha Ravindranath Undated,April 20 : Australian shares clawed back from three-week lows on Thursday as bargain hunters stepped in after the market was sold off in the last three sessions. The S&P/ASX 200 index rose 8.19 points, or 0.14 percent, to 5812.00 by 0251 GMT. “Markets have pulled back to the previous break out […]

Nikkei moves closer to near 5-month low as strong yen bites

By Ayai Tomisawa TOKYO, Apr 17 : Japanese stocks edged down on Monday morning, moving closer to near five-month lows after the dollar fell on rising tensions over North Korea, with exporters continuing to underperform on worries that a strong yen would eat into their earnings. The Nikkei 225 share average fell 0.4 percent to […]

Britain’s FTSE falters ahead of holiday, banks in focus

By Kit Rees LONDON, Apr 13 : Britain’s top share index declined on Thursday, with financials in the spotlight as U.S. banks were set to report earnings, though volumes were light ahead of a market holiday. The blue-chip FTSE 100 index was down 0.5 percent at 7,311.88 points by 0945 GMT, in line with a […]

Wall St set to open flat; geopolitics, earnings in focus

By Yashaswini Swamynathan Undated, Apr 12 : US stocks looked set to dip at the open on Wednesday as investors braced for the upcoming corporate earnings season amid mounting geopolitical risks. The United States launched missiles at a Syrian airfield last week to retaliate a deadly chemical attack on civilians. The strikes pushed President Donald […]

US investors return to European equities gathers pace: UBS

By Kit Rees LONDON, Apr 12 : US investors, drawn by a brightening European earnings outlook and relatively cheaper valuations than at home, are pumping more funds into regional stocks, according to data from UBS. Flows data from UBS showed that US net buying of European equity exchange-traded funds (ETFs) in March was the highest […]

Consumer discretionary lead Wall St gains, Trump-Xi meet eyed

By Yashaswini Swamynathan Undated, Apr 6 : U.S. stocks were higher on Thursday morning, led by financial and consumer discretionary companies, but gains were kept in check by cautious trading ahead of the Trump-Xi meeting and on uncertainty about quick U.S. fiscal stimulus. President Donald Trump and his Chinese counterpart, Xi Jinping, start their two-day […]