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China and Hong Kong stocks slide in sharp selling on trade worries

Bloomberg Chinese and Hong Kong stocks saw sharp afternoon selling, in part on fresh worries about US-China trade, and the concerns also pressured the yuan. After sporting gains despite selling in most of Asia, the Shanghai Composite Index fell as much as 0.6% on the day before ending just 0.01% lower. The Hang Seng Index in Hong Kong was down ...

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Strikes against French pension reform enter second month

Bloomberg Strikes against French president Emmanuel Macron’s pension reform plan entered their second month, the longest such action for state-owned railway company SNCF. Transport remained gummed up as unions prepared for two more days of street protests while the government said a compromise was near. Prime minister Edouard Philippe will start another round of discussions with union representatives on Tuesday, ...

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UK services get boost from Johnson’s victory as new orders increase

Bloomberg The UK’s dominant services sector showed signs of strengthening at the end of the year following Boris Johnson’s decisive election victory. New orders rose at their fastest pace in five months, IHS Markit said on Monday, with anecdotal evidence suggesting that the easing of domestic political uncertainty played a key role. The uptick left services activity with an index ...

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