Global Markets News
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
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.
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.
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.
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.
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.
* Net profit 56.3 bln rupees, refining margin falls to $9.30
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.
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.
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
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.
Asia/Pacific Market Reports
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- Gold: PRECIOUS-Gold flat below $1,300/oz, heading for weekly fall
- Oil Report: WRAPUP 1-Surrender talks set with separatists in Ukraine as standoff lasts into Easter
- US Dollar Report: FOREX-Yen at 10-day low vs dollar after U.S. data, Ukraine talks
- British Pound Report: Sterling index settles near highest since 2008