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Europe casts aside double-dip slump as growth restarts

Bloomberg Europe’s economy is finally turning the corner from its worst crisis in the postwar period after a devastating double-dip recession. Grim confirmation of another slump in the first quarter still failed to dim prospects for the region that are as bright as they have been since the pandemic struck, with European Union-funded multi-year stimulus plans also finally taking form ...

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Stocks dip, futures gain as traders assess inflation

Bloomberg US equity futures climbed and stocks in Asia dropped on Monday as investors assessed inflation risks amid improving economic activity. The dollar held onto gains. Hong Kong led losses amid low volumes with Japan and China, as well as the UK, among markets closed for holidays. The US and European futures edged higher after the S&P 500 dropped from ...

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Retail investors vow war if short sellers end Korea stock rally

Bloomberg Retail traders who drove record gains in South Korean stocks during the darkest days of the pandemic are bracing for a new threat — the return of institutional players betting on share-price declines. The world’s longest ban on short-selling stocks came to an end on Monday. Stocks fluctuated between gains and losses. Nevertheless, the end of the ban has ...

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