Strong earnings power global shares higher Stocks rose in Europe and Asia on Tuesday after technology industry shares hit record highs on Wall Street and investors focused on strong corporate earnings while shrugging off weaker-than-expected Chinese factory activity data. European stock markets opened higher after the May 1 holiday, reflecting […]
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Asian equities edge up as Japan outperforms, dollar regains traction Asian stocks shook off a sluggish start and edged up on Monday, with Japan outperforming on upbeat earnings, while the dollar regained traction as the U.S. government looked likely to avoid a shutdown. MSCI's broadest index of Asia-Pacific shares outside […]
Japan final April PMI shows manufacturing activity accelerating, export orders solid Japanese manufacturing activity expanded at a stronger pace in April than the previous month as export orders increased, a revised survey showed on Monday, suggesting firms' output remains on track to rise thanks to overseas demand. The Final Markit/Nikkei […]
China April manufacturing growth slows faster than expected Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand. The National Bureau of Statistics' official Purchasing […]
Off target in 2016, global elite regroup at Milken conference Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate – and profit from – hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth. U.S. President […]
Wall Street slips on weak GDP data, but indexes rise in April Stocks edged lower on Wall Street on Friday after data showing the U.S. economy grew at its weakest pace in three years in the first quarter gave traders a reason to cash recent gains. Major indexes closed up […]
In first 100 days, a reversal of fortune for Trump favorites on Wall Street A funny thing happened on Wall Street in Donald Trump's first 100 days in the White House: Shares of companies that got closest to the president lagged the market's march higher. Meanwhile, stocks from sectors that […]
Amazon moves beyond retail get Wall Street thumbs up, for now Amazon.com Inc's ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus. The Seattle-based company wowed Wall Street again this week with a 23 percent jump in sales, […]
Futures little changed ahead of first-qtr GDP data U.S. stock index futures were little changed on Friday as investors awaited the first-quarter report on gross domestic product, while assessing quarterly earnings. * The Nasdaq Composite is on track to post gains for the sixth straight month, after closing at a […]
Profit-taking trips up Asian stocks, Korean won slips on Trump trade threat Asian stocks slipped on Friday as investors took profits after a strong week, while the Korean won weakened after U.S. President Donald Trump said he would renegotiate or terminate a trade deal with South Korea. Britain's FTSE 100, […]
