European shares rise on aero, luxury stocks boost
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries about an energy supply crunch and a potential…
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries about an energy supply crunch and a potential…
By David Randall NEW YORK – Investors are giving the shares of dividend-paying companies a second look as they seek to buttress their portfolios against surging inflation and sharp declines…
By Sinéad Carew (Reuters) – Investors are bracing for a fresh slide in banking stocks, with fears of a hit from a potential recession outweighing the lure of relatively cheap…
TAIPEI – Taiwan’s Economy Ministry said on Tuesday it was cautious but “not pessimistic” about the island’s economic prospects in the second half of the year, pointing to strong exports,…
By Liang-sa Loh TAIPEI -Taiwan’s economic fundamentals are good and investors should remain calm and rational, and not panic, Deputy Finance Minister Frank Juan told Reuters on Friday after a…
COLUMBIA, SOUTH CAROLINA — Edward Daniel Kimpton, Jr., 26, of Columbia, was sentenced to 5 years in federal prison after pleading guilty to wire fraud and possession of stolen firearms. Evidence…
By Anna Ringstrom STOCKHOLM – Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the…
By Shashwat Awasthi (Reuters) – Australian shares were set to lose a tenth of their market value in the first half of 2022, and analysts warned of more pain ahead…
By Saqib Iqbal Ahmed NEW YORK – U.S. equities could see a 7% move up next week as investors rebalance their portfolios after a brutal first half of the year,…
(Reuters) – Bridgewater Associates has raised its short position on European stocks to $10.5 billion, nearly doubling from the previous week, according to a Bloomberg News report on Thursday, in…
By David Randall NEW YORK – Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even…
By Sruthi Shankar and Susan Mathew (Reuters) -European stocks bounced off session lows on Wednesday after Federal Reserve Chair Jerome Powell said the U.S. central bank is “strongly committed” to…
By Saqib Iqbal Ahmed NEW YORK – The Federal Reserve’s aggressive monetary policy tilt has prompted some of Wall Street’s biggest banks to ramp up forecasts for a U.S. recession,…
By Lewis Krauskopf NEW YORK – Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in four decades are hampering investors’ ability to…
By Koh Gui Qing NEW YORK – World stocks on Friday closed out their steepest weekly slide since the pandemic meltdown of March 2020, as investors worried that tighter monetary…
(Reuters) – The Russian rouble gained slightly on Friday, while stock markets dipped but remained steady compared with the extreme volatility of major U.S. and European bourses over recent days.…
By Carolina Mandl NEW YORK -Bridgewater Associates has placed at least $6.7 billion in bets against European stocks, according to data group Breakout Point, in a sign that the hedge…
(Reuters) – Russian authorities are discussing the idea of giving foreign investors who are willing to cut exposure to Russia a chance to ditch their Russian stocks and bonds later…
By Lewis Krauskopf NEW YORK – Despite a crushing selloff that pushed U.S. stocks into a bear market, investors see few signs suggesting equities have hit bottom, as persistent worries…
By Lewis Krauskopf NEW YORK – The bear market in U.S. stocks could be a prelude to even tougher times to come: a market swoon has often come hand-in-hand with…
LONDON – European retail stocks fell sharply on Tuesday, spooked by U.S. retailer Target Corp slashing its quarterly margin forecast for the second time in less than a month. Target…
(Reuters) – The Russian rouble weakened towards 62 against the dollar on Monday, steered by internal market flows and capital controls, while stock indexes extended losses after the latest Western…
By Caroline Valetkevitch NEW YORK – Wall Street strategists expect U.S. stocks to end 2022 above current beaten-down levels but some warned of turbulence on concerns inflation and aggressive interest…
By Sinéad Carew (Reuters) – Shares in consumer discretionary and staples stocks were trading in opposite directions on Tuesday as encouraging retail sales data was countered by disappointing earnings and…
(Reuters) – J.P. Morgan analysts upgraded the stocks of some Chinese internet companies on Monday and the brokerage expects “significant uncertainties” faced by the sector to abate. China signaled an…