A year after Brexit vote, European and UK shares diverge

By Kit Rees LONDON, Jun 23 : Another wobble in commodity-related shares saw British blue chips extend their underperformance against continental European peers on Friday, a year on from Britain’s vote to leave the European Union. Britain’s FTSE 100 fell 0.3 percent to 7,413.33 points, weighed down by weakness in mining and oil stocks, as […]

Britain’s FTSE on the defensive after tumultuous week

By Helen Reid LONDON, Jun 16 : Defensive strength supported the FTSE on Friday but it remained on course for its widest weekly loss in two months after a week of political uncertainty and jitters about the resilience of the consumer engine of the UK economy. British and European stocks had sold off on Thursday […]

Australia shares rise, on track for best week since March; NZ up

By Rushil Dutta Undated, Jun 16 : Australian shares rose on Friday, and were on track for their biggest weekly gain in over two months, led by gains in defensive stocks and financials. The S&P/ASX 200 index, which fell 1.2 percent on Thursday, was up 0.3 percent, or 15.11 points, to 5,778.3 by 0319 GMT, […]

Singapore marks 5th straight winning month, Indonesia ends higher

By Chris Thomas UNDATED,May 31 : Singapore’s shares edged up on Wednesday, clocking their fifth straight winning month, while Indonesian stocks also rose in the session, extending their gains to the fourth consecutive month. Asian markets were buoyed by data showing the manufacturing sector in China grew faster than expected in May on robust construction […]

Cogobuy shares plunge as trade resumes, denies short-seller’s criticism

By Donny Kwok and Elzio Barreto HONG KONG, May 31 : Shares in Cogobuy Group tumbled as much as 26 percent on Wednesday upon resumption of trading after a six-day halt following a short-seller’s report that accused the Chinese e-commerce platform of improper accounting. Blazing Research, a little-known research firm whose analysts were not identified, […]