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Business & Economy Published 02 May, 2022 09:46pm

Stock markets, oil slip on weak Chinese data, looming US rate hike

Eurozone markets end the session down, Paris losing 1.6 percent and Frankfurt tumbling 1.2 percent

Business & Economy Published 25 Apr, 2022 09:46pm

Stocks and oil slide China lockdowns, rate hike fears

The euro and yuan slide against the dollar, while sterling loses one percent to hit a 19-month low at $1.2705

Business Published 14 Mar, 2022 11:03pm

European, US stocks rise on Ukraine hope as oil slumps

The prospect of easing supply tensions and growing demand fears also send oil prices sliding

Business Published 14 Feb, 2022 04:51pm

Stocks skittled by Ukraine fears, oil scales 7-year peak

Europe's STOXX 600 share index tumbles 2.5%, Wall Street futures are down 0.6%

Business Published 17 Jan, 2022 07:20pm

European stocks rise tracking big corporate news, China growth

Consumer goods giant Unilever says it would press on with a bid for the consumer health care unit

Business Published 10 Jan, 2022 10:17pm

US, European stocks slide ahead of US inflation data

Fed officials are now faced with the problem of having to adjust monetary policy to rein in prices

Business Published 06 Dec, 2021 11:07pm

Stocks rally, dollar gains as Omicron fears ease

Gold prices eased on a firmer dollar and rising Treasury yields, but losses were limited by expectations that...

Business Published 11 Nov, 2021 10:44pm

Stocks mostly up after inflation scare

Europe's main equity indices finished higher after gains in Asia's major markets.

Business Published 20 Oct, 2021 06:50pm

European stocks steady, as bitcoin nears record high

European stock markets steadied tracking earnings and economic data, while bitcoin neared its...

Business Published 11 Oct, 2021 10:51pm

Rising demand pushes oil to fresh multi-year peaks

The recent decision by OPEC and other major producers not to ramp up output has further strained global supplies.

Business Published 01 Oct, 2021 07:52pm

Stocks wobble at end of choppy week

Analysts said US markets were initially cheered by news that pharmaceutical giant Merck would seek authorisation in...

Business Published 30 Sep, 2021 11:44pm

European stocks sag on mixed economic data

After advancing timidly in the morning, London equities closed 0.3 percent lower as Britain marked the end of its furlough...

Business Published 21 Sep, 2021 04:50pm

European stocks rebound after Evergrande-driven rout

European stock markets rebounded, with investors nervously keeping an eye on troubled property giant China...

Business Published 17 Sep, 2021 07:13pm

Stocks diverge as traders close out tough week

On foreign exchange, the euro briefly rose against the dollar and British pound following a report in...

Business Published 16 Sep, 2021 04:42pm

European equities advance on strong US gains

Oil prices eased, after spiking the previous day on news of shrinking US crude stockpiles as storms h...

Business Published 08 Sep, 2021 04:19pm

European stocks slide as Delta fears offsets growth hopes

Bitcoin recovered, sitting at around $46,000 after seeing wild fluctuations on Tuesday as...

Business Published 02 Sep, 2021 04:15pm

European stocks flatten after a subdued Asian session

Data from private payrolls firm ADP on Wednesday showed far fewer posts created last month than...

Business Published 05 Aug, 2021 11:10pm

Stocks mixed as traders weigh inflation, positive US data

US stocks were up at midday as data indicating an improving labour market and supply chain...

Business Published 04 Aug, 2021 04:30pm

Stocks rise as traders track recovery optimism

While markets have cheered strong company earnings in recent weeks, there are growing fears over...

Business Published 03 Aug, 2021 05:49pm

European stocks climb, oil rebounds but China concerns linger

Oil prices rebounded but did not make much of a dent in Monday's sharp losses, as the...

Business Published 15 Jun, 2021 05:03pm

Shares in record-setting spree as Fed meeting looms

LONDON/HONG KONG (Reuters) - World stocks hit yet another record high on Tuesday, with European stocks poised for their longest winning streak since 2019 as investors bet likely “transitory” inflation pressures will stay the U.S. Federal Reserve’s hand from signaling a shift in policy settings.