Author Archives: Editor - Stock Markets News

Stocks firm as US rate fear loses grip

Equities markets across the world firmed Monday as investors lost their fear of higher US interest rates, focusing instead on signs of economic recovery. Trading volumes were, however, sharply curtailed by London and Wall Street closures due to bank holidays. … Continue reading

Filed under Stock Market News | Tagged , , |

Stocks firm as US rate fear loses grip

Equities markets across the world firmed Monday as investors lost their fear of higher US interest rates, focusing instead on signs of economic recovery. Trading volumes were, however, sharply curtailed by London and Wall Street closures due to bank holidays. … Continue reading

Filed under Stock Market News | Tagged , , |

Global stocks rise after Wall Street gains

BEIJING (AP) — Major global stock markets were mostly higher Monday and China’s currency weakened after the head U.S. central banker fueled expectations of an interest rate hike this year. KEEPING SCORE: In early trading, Germany’s DAX gained 0.3 percent … Continue reading

Filed under Stock Market News | Tagged , , |

MIDEAST STOCKS-Dubai weakens in early trade, Saudi choppy

DUBAI, May 30 (Reuters) – Shares in Dubai dropped in early trade on Monday as investors cashed out of stocks which have made recent gains, while Saudi Arabia’s stock market was choppy. In Dubai losers outnumbered gainers 14 to six … Continue reading

Filed under Stock Market News | Tagged , , |

Asia shares slip, dollar firms after Yellen’s hike hint

By Lisa Twaronite TOKYO (Reuters) – Asian shares edged down on Monday while the dollar marked fresh highs after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States could be around the corner. The … Continue reading

Filed under Stock Market News | Tagged , , |

DP World lands deal to manage port in Somaliland: WSJ

(Reuters) – DP World has reached an agreement to manage the Berbera port in Somaliland, which would allow it to become a major hub for goods to transit to and from the Horn of Africa, the Wall Street Journal reported … Continue reading

Filed under Stock Market News | Tagged , , |

Dalian Wanda makes $4.4 billion offer to take Hong Kong-listed property arm private

Dalian Wanda Group’s Wanda Plaza is seen in Beijing, China, in this March 23, 2016 file picture. REUTERS/Kim Kyung-Hoon/Files More HONG KONG (Reuters) – China’s Dalian Wanda Group, owned by tycoon Wang Jianlin, is offering HK$34.45 billion (3 billion pounds) … Continue reading

Filed under Stock Market News | Tagged , , |

Asian stocks rise after Wall Street gains

BEIJING (AP) — Asian stocks rose Monday following Wall Street’s gains as investors looked ahead to economic data this week from China, Australia and Korea. KEEPING SCORE: Tokyo’s Nikkei 225 rose 0.9 percent to 16,985.20 and the Shanghai Composite Index … Continue reading

Filed under Stock Market News | Tagged , , |

Australia shares seen extending gains, NZ shares steady in early trade

A security guard looks out from a window of the Australian Securities Exchange (ASX) with a board displaying stock prices behind him in Sydney, Australia, May 26, 2016. REUTERS/Steven Saphore More SYDNEY (Reuters) – Australian shares are seen extending gains … Continue reading

Filed under Stock Market News | Tagged , , |

Trading in shares of Kuwait’s Americana halted pending statement from company

May 29 (Reuters) – Kuwait’s stock market on Sunday suspended trading in the shares of Kuwait Food Co (Americana) pending a statement from the company. Trading on the Kuwaiti bourse opens at 0600 GMT. The statement from the exchange did … Continue reading

Filed under Stock Market News | Tagged , , |