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NEW YORK, United States (AFP) — Global stocks were pressured Tuesday by nagging doubts about US tax reform and worries about a petroleum glut. Equity markets fell in New York, Paris and Frankfurt and treaded water in London and Tokyo. Analysts fear the weakness of recent days could hearken a deeper pullback after a series of stock market records over the last month. There are signs “that markets are starting to look a little overextended,” […]
by Roland Jackson Agence France Presse NEW YORK, United States (AFP) — Global stocks mostly rose Friday, with Wall Street scoring fresh records, amid upbeat sentiment over growth and the upcoming third-quarter corporate reporting season. Both the S&P 500 and Nasdaq ended at records, with technology shares especially strong. Money managers have been cheered by the release of President Donald Trump’s tax cut plan, as well as expectations of solid earnings. Analysts estimate companies in […]
by Ben Perry Agence France Presse NEW YORK, United States (AFP) — Global stocks mostly fell Monday and the euro tumbled on unease over the German election outcome and the increasingly hostile war of words between Washington and Pyongyang over North Korea’s nuclear program. Investors worried about looming political infighting in Germany after an election that won Angela Merkel a fourth term as chancellor, but also gave a hard-right opposition party parliamentary seats for the […]
NEW YORK, United States (AFP) — Global stocks ran the table on Monday, rising in New York, Europe and Asia on a mix of optimism, resilient oil prices and renewed calm on the Korean peninsula. Wall Street eked out fresh record closes in advance of this week’s Federal Reserve meeting, which is expected to announce a drawdown of its massive bond holdings, sending bond yields higher. Despite Friday’s North Korea missile test, the second in […]
by Tom Barfield Agence France Presse NEW YORK, United States (AFP) — Global stock markets on Monday failed to recoup last week’s losses, as traders warily eyed geopolitical uncertainty. Wall Street equities treaded water while markets in Europe and Japan slid, suffering from lingering concern over President Donald Trump’s volatile administration and unclear prospects for achieving economic reform. Worries over Trump’s stalled economic agenda and upcoming high-stakes Washington fights had hurt global stocks on Friday, […]
NEW YORK, United States (AFP) — World stock markets mostly rose Tuesday, extending the previous day’s rally as fears receded over a potential clash between the United States and North Korea. Investors have cashed out of haven assets, like gold and the Japanese yen, and ploughed back into riskier assets like equities, with the US dollar also gaining ground. Asian stocks extended a relief rally into a second day, after Pyongyang appeared to put on […]
by By Oleksandr Savochenko with Maria Antonova in Moscow and AFP bureaus Agence France Presse KIEV, Ukraine (AFP) — A global wave of cyberattacks that began in Russia and Ukraine on Tuesday wrought havoc on government and corporate computer systems as it spread to Western Europe and across the Atlantic. Several multinational companies said they were targeted, including United States pharmaceutical giant Merck, Russian state oil giant Rosneft, British advertising giant WPP and the French […]
NEW YORK, United States (AFP) — Global stock markets mostly retreated Tuesday, two days before a British general election and congressional testimony from fired former Federal Bureau of Investigation chief James Comey. Britons head to the polls on Thursday, the same day the European Central Bank (ECB) will announce its latest interest rate decision, and Comey will face a congressional panel probing the connection between President Donald Trump’s campaign and Russia. “There has been a clear […]
WASHINGTON, United States (AFP) — The global economy is set to post solid growth this year, amid improving world trade and better performance by large emerging markets, but key risks could still threaten the outlook, the World Bank said Sunday. Rising trade protectionism and policy uncertainty, primarily in the United States under President Donald Trump, pose important cautions for the outlook. For the first time in four years, the latest edition of the World Bank’s […]
by Rob Lever / with Alice Tidey in London Agence France Presse WASHINGTON, United States (AFP) — Security researchers on Monday reported signs of a potential North Korea link to the massive cyberattack campaign that sparked havoc in computer systems worldwide and opened fresh political rifts between Russia and the United States. After days of disruptions affecting networks worldwide, a top US official said the number of computers affected had reached 300,000, but that infection […]
by John BIERS Agence France Presse NEW YORK, United States (AFP) — Global stocks dipped Friday following lackluster American, British and French economic growth data, as worries about North Korea and other geopolitical hotspots weighed on investor sentiment. Analysts said traders were edgy about North Korea after President Donald Trump was quoted as saying there was “a chance” of “a major, major conflict” with the country. Art Hogan, chief market strategist at Wunderlich Securities, said […]
by Marlowe Hood PARIS, France (AFP) — The percentage of men and women who use tobacco every day has dropped in most nations since 1990, but the total number of smokers and tobacco-related deaths has increased, a consortium of researchers reported Thursday. Mortality could rise even further as major tobacco companies aggressively target new markets, especially in the developing world, they warned in a report, published in the medical journal The Lancet. One in four men […]
