Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
NEW YORK, United States (AFP) — European stock markets lost ground again Thursday as investors all but gave up hope that a US-China trade war could be nearing its end, while US equities staged a tentative rebound on some solid data. Fears over the stand-off between the world’s economic superpowers added to jitters over the state of global growth, and inflicted heavy losses on equities Wednesday, including the worst one-day fall this year on Wall […]
NEW YORK, United States (AFP) — Global stocks rose Wednesday on optimism over US-China trade talks, while oil prices gained after the International Energy Agency reported lower output from OPEC producers. Bourses in Asia and Europe advanced, taking cues from Tuesday afternoon when Wall Street rallied on President Donald Trump’s statement that he could delay new tariffs on Chinese goods set to take effect March 1 if a deal is close. US stocks also climbed […]
NEW YORK, United States (AFP) — Global stocks mostly rose on Tuesday as traders welcomed signs of apparent progress in the US-China trade standoff. European equities closed solidly firmer, while Wall Street posted its third straight positive session, in a welcome bounce after December’s rout. Trade talks in Beijing were set to continue on Wednesday in the first face-to-face meetings since US President Donald Trump and Chinese President Xi Jinping agreed to a tariff truce […]
NEW YORK, United States (AFP) — A global stocks rally faded on Thursday as the European Union warned of slowing growth and Wall Street pulled back from a post-election bounce. Meanwhile, fears of higher oil supply sent prices into a bear market, or a 20 percent decline from last month’s high, which weighed on oil-related stocks. The dollar strengthened against major rivals after Wednesday’s selloff in the wake of the key US midterm elections. London […]
NEW YORK, United States (AFP) — European stock markets slipped Tuesday on trepidation over US midterm elections seen as a referendum on Donald Trump’s presidency, while US markets rose after a quiet session. Key European markets were down by as much as one percent at the close, while Wall Street reversed early declines to post solid gains. The S&P 500 ended up 0.6 percent. But trading volume was light as investors refrained from placing bets […]
NEW YORK, United States (AFP) — Global stocks were under pressure Wednesday from weakening oil prices and worries about President Donald Trump’s decision to recognize Jerusalem as Israel’s capital. Major equity markets finished mixed, with Tokyo and Hong Kong falling decisively and indices in London, Paris, Frankfurt and New York ranging from flat to slightly positive or negative. Petroleum-linked shares were pressured as a US inventory report showed swelling supplies of gasoline, hitting oil prices. […]
NEW YORK, United States (AFP) — Global stocks tumbled Thursday as disappointing earnings, profit taking and fears a US corporate tax cut will be delayed combined to drive major indices down. US stocks closed lower after declines in Japan, London, Frankfurt and Paris. Major tech stocks saw heavy losses: Google-parent Alphabet fell a full percentage point, Microsoft gave up 0.6 percent and Apple lost 0.4 percent. “A combination of profit taking and perhaps the prospect […]
by Roland Jackson Agence France Presse NEW YORK, United States (AFP) — Equity markets in Frankfurt, London and New York ended at fresh records Monday, lifted by a rally in oil prices that boosted energy shares and by upbeat German election news. World oil prices leapt after oil ministers from Saudi Arabia and Russia — the world’s two biggest oil producing nations — declared Sunday that they would consider extending an output cut into 2018. […]
by John BIERS NEW YORK, United States (AFP) — Deutsche Bank’s woes and the looming first debate between battling US presidential candidates Donald Trump and Hillary Clinton helped send global markets broadly lower Monday. Banking shares in the US and Europe fell sharply following reports that Berlin has refused state aid to fortify Deutsche Bank as it faces a multibillion-dollar fine in the United States over its sale of mortgage-backed securities before the 2008 financial […]
