India’s Adani tries to calm investors as market rout continues
India’s Adani Group sought to reassure investors on Monday as a rout in its shares continued, saying its business plans were fully-funded, its cashflows strong and it remained confident of delivering attractive returns to shareholders.
Stocks ease as Ukraine attacks and rate outlook spark flight to havens
Global shares dropped on Monday after Russian missiles pounded cities across Ukraine and as renewed concern about the economic outlook sent investors into safe-haven assets such as the dollar and bonds.
EXCLUSIVE Goldman, JPMorgan among banks left holding Russian stocks by sanctions switch
A decision last month by FTSE Russell and MSCI to remove Russian stocks from their indexes has left some of the world’s largest banks inadvertently holding potentially valuable positions, several sources familiar with the trades told Reuters.
European stocks down, yen hits 20-year low as US hikes loom
European shares were lower on Tuesday, while yields on 10-year U.S. inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive Fed tightening to rein in inflation kept investors on edge.
Tech stocks help Asian markets shake off China blues
HONG KONG, Oct 19 (Reuters) – Asian shares bounced on Tuesday, led by technology names across the region, and as Chinese markets clawed back ground lost after disappointing economic data, while the improved investor confidence weighed on the safe-haven dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 1.05%. It is up about 6% since […]
Shares lifted by prospect of lower rates for longer
Global shares posted their longest winning streak in three months on Monday, aided by the chance of low interest rates for longer in the United States and talk of more stimulus in Japan and China, while oil slid as the Saudis cut prices for Asian customers.
Asia stocks in cautious mood, dollar near 1-mth lows
Asian share markets were in a cautious mood on Thursday as concerns grew over the Chinese economy after a run of soft data, while the risk of a sub par U.S. payrolls report kept the dollar on the defensive.
Asian shares rise on dovish Fed prospects but China caps gains
Asian shares perked up and the dollar fell to two-week lows on Monday after U.S. Federal Reserve Chairman Jerome Powell struck a dovish tone at the central bank’s long-awaited symposium, although investors remained cautious about prospects in China.
Analysis: Valuing China assets no easy task after $1 trillion wipeout
Any veteran investor will tell you that financial markets overshoot when trouble hits, but what if that market is the world’s second-largest economy and the government has decided the rules of the game have changed?
Asia stocks slip as China’s economy stumbles
Asian shares slid on Monday after a raft of Chinese data showed a surprisingly sharp slowdown in the engine of global growth, just as much of the world races to stem the spread of the Delta variant of COVID-19 with vaccinations.
