Global Markets News

Earnings lift S&P 500, Nasdaq; S&P's best week since July


NEW YORK - Stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results. | Video

Global shares edge higher on U.S. data; dollar gains

NEW YORK - Global equity markets rose on Thursday, boosted by solid U.S. economic data and upbeat results from some U.S. companies, including General Electric, while the dollar rose after a joint call by major powers for an end to the fighting in Ukraine.

18 Apr 2014

China home price inflation cools to eight-month low in March

BEIJING - China's home price inflation slowed to an eight-month low in March, extending to a third month a loss of momentum in a property market that has been a strong spot in the world's second-largest economy.

18 Apr 2014

Mexican sugar producers deny imports threaten U.S. industry

WASHINGTON - Mexican sugar imports are no threat to the profitable, "well-heeled" and protected U.S. sugar industry, Mexican producers said on Friday, rebuffing accusations that super-cheap imported sugar risks nearly $1 billion damage to the local industry.

19 Apr 2014

Exchanges, brokerages hit with high-speed trading class action

NEW YORK - Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.

19 Apr 2014

Russia writes off 90 percent of North Korea debt, eyes gas pipeline

MOSCOW - Russia's parliament has agreed to write off almost $10 billion of North Korea's Soviet-era debt, in a deal expected to facilitate the building of a gas pipeline to South Korea across the reclusive state.

19 Apr 2014
World Markets

UPDATE 1-India's Reliance Q4 sales rise, refining margin narrows

* Net profit 56.3 bln rupees, refining margin falls to $9.30

18 Apr 2014

European shares' rebound stalls; Remy, SAP sink

PARIS, April 17 - European shares were steady in early trade on Thursday, halting the previous session's rebound as lower-than-expected U.S. results and a warning by SAP over the negative impact of a strong euro eclipsed dovish comments from the Fed.

European shares end higher on upbeat U.S. company results

LONDON, April 17 - European equities finished higher on Thursday after losing ground earlier in the session, with upbeat results from major U.S. companies like Morgan Stanley, Goldman Sachs and General Electric improving sentiment.

Nikkei set for test of 8-mth highs above 10,000

TOKYO, Dec 19 - Japan's Nikkei share average is set to test eight-month highs above 10,000 on Wednesday as investor appetite is boosted by signs of progress in the U.S. fiscal talks and expectations of aggressive monetary easing under the new Japanese government. Market players said the Nikkei was likely to trade between 9,950 to 10,100 on Wednesday, after Nikkei futures in Chicago closed at 10,030, up 90 points from the close in Osaka of 9,940. If the Nikkei tops the 10,000

19 Dec 2012

China shares dip after property data, Great Wall Motor slides

BEIJING, April 18 - China shares fell slightly on Friday, weighed down by property stocks after home price data for March showed a further cooling in the real estate sector.

18 Apr 2014
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