World Markets
European markets pull back amid doubts over latest Russian pledges over Ukraine
LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.5% in early trade, with autos shedding 1.6% to lead losses, while oil and gas stocks gained 2.1%. In terms of individual share price movement, […]
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Asia-Pacific stocks mixed as investors watch Russia-Ukraine situation
SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday trade as investors watch for developments surrounding the war in Ukraine. The Nikkei 225 in Japan slipped 0.26% as shares of telecommunications firm KDDI fell more than 2%. The Topix index shed 0.62%. Elsewhere, South Korea’s Kospi advanced 0.5%. In Australia, the S&P/ASX 200 climbed 0.58%. […]
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UAE energy minister warns of poverty and economic stagnation if energy affordability isn’t tackled
United Arab Emirates’ Energy Minister Suhail Mohamed al-Mazrouei at a press conference in January, 2018. MOHAMMED MAHJOUB/AFP/Getty Images Failure to address energy affordability risks casting significant portions of the world into poverty and stagnating the global economy, according to the United Arab Emirates Energy Minister Suhail Al Mazrouei. Soaring energy prices have caused inflation to spike […]
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European markets climb as Ukraine-Russia talks begin; Stoxx 600 up 1.8%
LONDON — European stocks advanced on Tuesday as another round of Ukraine-Russia talks got underway. The pan-European Stoxx 600 climbed 1.8% by mid-afternoon, with autos jumping 4.5% to lead gains as all sectors and major bourses traded in positive territory. In terms of individual share price movement, Swedish investment company Storskogen Group added more than […]
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Japanese stocks set for lower start; data shows China’s industrial profits rose
SINGAPORE — Shares in Japan looked set for a lower open on Monday, while data released over the weekend showed Chinese industrial profits grew in the first two months of the year. The Nikkei futures contract in Chicago was at 28,045 while its counterpart in Osaka was at 28,010. That compared against the Nikkei 225’s […]
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Hong Kong drops nearly 3% as Chinese stocks tumble; shares of JD Logistics, Russia’s Rusal fall
Other Asia-Pacific markets Japan stocks moved into negative territory after rising earlier. The Nikkei 225 and the Topix sat below the flatline. Japan reported inflation data, showing its core consumer price index hit a two-year high in March, according to Reuters. Australia’s S&P/ASX 200 stayed in positive territory as it inched up 0.26%, with some gains […]
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European markets head for lackluster open ahead of NATO summit focused on Ukraine
LONDON — European stocks are expected to open slightly higher on Thursday with regional investors keeping a close eye on developments in Ukraine, and key meetings of NATO, EU and G-7 leaders in Brussels. The U.K.’s FTSE index is seen opening 7 points higher at 7,460, Germany’s DAX 8 points higher at 14,296, France’s CAC […]
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Asia-Pacific markets slip after oil prices jump again
Shares in Asia-Pacific slipped in Thursday morning trade after oil prices jumped around 5% on Wednesday. Source
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Japan’s Nikkei 225 rises more than 2% as SoftBank Group shares surge 8%
SINGAPORE — Shares in Japan led gains in Asia-Pacific during Wednesday morning trade, as investors monitored oil prices and continued to assess the outlook for U.S. Federal Reserve monetary policy. The Nikkei 225 rose 2.59% as shares of SoftBank Group jumped 8.03%. The Topix index advanced 1.98%. In Hong Kong, shares of Xiaomi surged 5.49% […]
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Japan’s Nikkei 225 rises more than 1%; Fed’s Powell vows tough action on inflation
Fed watch Fed Chair Powell said Monday that inflation is “much too high,” with the central bank set to “take the necessary steps to ensure a return to price stability.” “In particular, if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points […]
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