HONG KONG, China (AFP) — Asian markets mostly fell Tuesday following a sharp retreat on Wall Street fuelled by increasing worries about the global economy, while investors await the Federal Reserve policy meeting this week. A speech by President Xi Jinping later in the day is also on the radar, with hopes for some clues about possible reforms to China’s economy and plans for the next year. After a broadly upbeat start to the week, […]
Tag: Market
Asian markets build on trade optimism, pound faces pressure
HONG KONG, China (AFP) — Asian markets enjoyed more gains Thursday as investors are cheered by the more conciliatory noises from China and the US on trade, while uncertainty over Brexit continued to pressure the pound. While the tariffs row between Beijing and Washington is far from being resolved, there is a lot more optimism on trading floors this week that the world’s top two economies can make headway in talks over the next three […]
Strasbourg suspect: violent criminal on France terror watchlist
by Alex PIGMAN Agence France Presse STRASBOURG, France (AFP) — The 29-year-old man sought by police over a shooting in Strasbourg lived in a small apartment in a ramshackle housing bloc and has convictions in France and several European countries after a life of crime, officials say. The man, Cherif Chekatt, lived in the Poteries area of Strasbourg about a 20-minute tram ride west of the center of the French city and its market where the […]
Death toll in Strasbourg market shooting rises to 4: mayor
STRASBOURG, France (AFP) — Four people were killed and 12 more injured by a gunman who opened fire at a busy market in Strasbourg, eastern France, on Tuesday, the city’s mayor told AFP. Three or four of the injured are in critical condition, Mayor Roland Ries said. A manhunt was underway after the assailant managed to flee after exchanging shots with security forces patrolling the area at around 8:00 pm (1900 GMT). © Agence France-Presse
Pound keeps falling on Brexit quagmire; global stocks mixed
by John BIERS Agence France Presse NEW YORK, United States (AFP) — The British pound fell again Tuesday due to mounting uncertainty over Prime Minister Theresa May’s Brexit plan, while European bourses advanced amid bargain-hunting. Wall Street experienced another volatile session, boosted by reports of progress in the US-China trade war, but buffeted by President Donald Trump’s threat to shut down the government over border security funding. Major US indices ended little changed. Britain’s prime […]
Strasbourg shooting suspect was due to be arrested Tuesday morning: source close to probe
PARIS, France (AFP) — The suspect who killed at least two people and injured 11 at Strasbourg’s market on Tuesday was due to be arrested by police earlier in the day over a separate attempted murder, a source close to the investigation said. Police said the suspected gunman was known to authorities and was on France’s “S” watchlist of suspected extremists. © Agence France-Presse
Asian markets struggle, pound wallows at 20-month low
HONG KONG, China (AFP) — Asian equities struggled again Tuesday despite a bounce in New York as investors fret over a perfect storm of issues that have hammered global markets, while the pound remained stuck around 20-month lows on Brexit uncertainty. Bargain-buyers tried to step in after the latest sell-off but were unable to gain traction, with fears about the outlook for the global economy keeping sentiment beaten down. The China-US trade row, signs of […]
Asia markets tumble as dealers buffeted by negative issues
HONG KONG, China (AFP) — Asian markets sank Monday as investors juggle a number of negative issues that have fuelled worries about the global outlook. The China-US trade row, the Huawei crisis, signs of weakness in the Chinese and US economies, and Brexit are among the key matters depressing equities, though there was some upbeat news in OPEC’s decision to slash crude production. On Sunday, China summoned the US ambassador to protest at the arrest […]
Asian markets tentatively higher at end of volatile week
HONG KONG, China (AFP) — Asian investors battled to finish a volatile week with some stability Friday as they weigh the outlook for China-US trade talks and uncertainty in oil markets while looking ahead to the release of key US jobs data. After the furious selling of the past two days, there was some optimism after a report said the Federal Reserve could slow down its pace of interest rate hikes next year, providing some […]
Asian markets tumble, China tech hit after Huawei arrest
HONG KONG, China (AFP) — Shares across Asia plunged Thursday, with technology firms in Hong Kong and Shanghai battered after the arrest of a top executive at Chinese telecoms giant Huawei that has also fuelled fears about the recent China-US trade deal. As Donald Trump and Xi Jinping’s tariffs ceasefire last weekend — which sparked a one-day rally — fades to a distant memory, investors are back in selling mood as they fret over a […]
Asian markets slip as China-US trade deal joy subsides
HONG KONG, United States (AFP) — Asian markets mostly dropped Tuesday as the previous day’s euphoria over the China-US trade ceasefire gave way to questions about whether the two can ultimately resolve their differences. However, oil prices continued to rise, building on Monday’s surge fuelled by the agreement as well as news of a Russia-Saudi Arabia pact to cap output. Global investors were given some much-needed Christmas cheer at the weekend after Donald Trump and […]
Asia stocks in relief rally after China-US deal
HONG KONG, China (AFP) — Hong Kong and Shanghai led a surge across Asian markets Monday after the United States agreed to suspend imposing tariffs on China for three months, while oil prices soared on expectations of a big production cut. In a much-anticipated meeting between Donald Trump and Xi Jinping at the weekend, the heads of the world’s two biggest economies hammered out a deal that will see them hold off on their tit-for-tat […]





