Nikkei at 8-mth highs, Wall St rally makes markets less edgy over trade

By Ayai Tomisawa TOKYO, Sep 21 : Japan’s Nikkei advanced to fresh eight-month highs led by an upbeat Wall Street performance, with commodity stocks rising as investors appeared to gravitate to the view that the U.S.-China trade row would be less damaging to growth than first feared. The Nikkei share average gained 0.8 percent to […]

Futures higher as tech gains ground

By Shreyashi Sanyal Undated, Sep 20 : U.S. stock index futures pointed to a higher opening on Thursday, extending a bounce since the latest blows in the U.S.-China trade spat this week on the back of a recovery for technology stocks. The tech-heavy Nasdaq index, which has gained the most of Wall Street’s three big […]

World stocks rise as trade relief bounce continues

By Danilo Masoni MILAN, Sep 20 : A bounce in world stocks in relief that the fresh U.S. and Chinese tariffs on reciprocal imports were less harsh than feared continued on Thursday, although investors remained wary about the next steps in the US-Sino trade war. An MSCI index tracking shares in 47 countries rose 0.2 […]

Australia shares slip as some investors shift funds elsewhere; NZ falls

By Aditya Soni Undated, Sep 20 : Australian shares dipped on Thursday, pulled lower by banks and consumer staples as some investors appeared to shift funds to emerging markets as they felt less worried about the U.S.-China trade war. The S&P/ASX 200 index fell 0.2 percent or 14.500 points to 6,175.50 by 0200 GMT. The […]

Futures flat, 10-year yields head back above 3 pct

By Shreyashi Sanyal Undated, Sept 19 : US stock markets headed for a flat open on Wednesday, holding just off three-week highs after brushing aside the latest blows in Washington and Beijing’s trade war. Ten-year US Treasury yields moved back above the symbolic 3 percent mark while the gap to two-year rates tightened, further squeezing […]

Sterling dents FTSE 100, Kingfisher dives on poor profits

By Helen Reid LONDON, Sept 19 : A rally in Britain’s FTSE 100 was stopped in its tracks on Wednesday as an unexpected jump in UK inflation boosted sterling, while home improvement retailer Kingfisher slid 5 percent after reporting weaker profits. The FTSE 100 was down 0.2 percent by 0850 GMT, having started the session […]