Recent Posts

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »
Send this to a friend