Stocks

Asian markets sink after Wall Street sell-off

  AFP Asian markets mostly fell on Wednesday as uncertainty over the future of central bank monetary policy weighed on buying interest while warnings of an extended oil glut sank energy firms. The region’s traders were given a rocky lead from Wall Street where all three main indexes ended more than one percent lower after a plunge in crude prices ...

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India stocks fluctuate as inflation data spurs rate-cut optimism

  AFP Indian stocks swung between gains and losses as the nation’s benchmark inflation rate eased more than estimated, reviving calls for an interest-rate cut amid a global selloff. Two shares climbed for each that dropped on the BSE 100 Index, which was little changed at 10:52 a.m. in Mumbai after changing direction at least six times. The gauge posted ...

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China’s stocks fall to one-month low on fiscal policy concern

  Bloomberg Chinese stocks dropped to their lowest level in a month on the last trading day of this week amid speculation the central bank won’t add to stimulus. The Shanghai Composite Index fell 0.7 percent at the close. The gauge has lost 2.5 percent this week, the most since May, after plunging on Monday amid a jump in the ...

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Emerging stocks extend worst drop since June; Mexican peso falls

  Bloomberg Emerging-market stocks fell, extending their longest selloff since June as investors weighed the outlook for policy accommodation by global central banks. The Mexican peso declined after a poll showed Donald Trump leading in Ohio. The MSCI Emerging Markets Index slumped for a fourth day as volatility increased. Indonesia led a retreat in shares as benchmarks in China, Malaysia ...

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Equities struggle on oil, US Fed rates outlook

  AFP Stock markets struggled on Tuesday as investors contemplated the US interest rate outlook and oil prices slumped on a gloomy outlook for crude demand. Frankfurt, London and Paris had opened brightly, after a leading US Federal Reserve official tempered comments from her colleagues on the need for an early US interest rate hike. But the gains faded away ...

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Samsung shares rise after selling printing unit

  AFP Shares in South Korean giant Samsung Electronics rallied on Tuesday, recovering almost half the losses from a two-day collapse linked to its troubled smartphone, as traders welcomed news it had sold its printer unit for $1.05 billion to US firm HP. The company plunged more than 10 percent on Friday and Monday after it urged global consumers to ...

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Tokyo’s benchmark Nikkei ticks higher by close

  AFP Tokyo stocks ended higher on Tuesday with traders weighing speculation about a possible US interest rate hike while looking ahead to an upcoming Bank of Japan policy meeting. Dealers tracked a rally on Wall Street following dovish remarks by Federal Reserve Governor Lael Brainard who argued against hiking US interest rates quickly. She said the central bank should ...

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Yuan liquidity squeeze a bad sign for China’s equity market

  Bloomberg The outlook for one of the world’s worst-performing stock markets is getting dimmer. China’s benchmark equity index was jolted out of its inertia on Monday when the cost of borrowing the yuan in Hong Kong jumped the most in seven months, exacerbating concern about a global selloff. The Shanghai Composite Index tumbled as much as 2.6 percent after ...

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European shares fall as Draghi says QE extension not discussed

  Bloomberg Stocks in Europe fell the most in two weeks after President Mario Draghi said the European Central Bank didn’t discuss an extension to its bond-buying program at its latest meeting. The Stoxx Europe 600 Index dropped 0.8 percent to 347.62 at 2:32 p.m. in London, extending losses as Draghi explained the ECB’s decision to leave interest rates and ...

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European equities climb on eve of ECB meeting

  London / AFP Europe”s stock markets rose on Wednesday on the eve of a key interest rate decision from the European Central Bank, which is widely expected to maintain its stimulative monetary policy. In afternoon deals, London”s benchmark FTSE 100 index added 0.3 percent, as dealers also digested a raft of mixed official economic data. In the eurozone, Frankfurt”s ...

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