Author Archives: Editor - Stock Markets News

Most Asian stock markets gain amid doubts over US Fed rate increase

Most Asian stock market indices were trading higher on Tuesday (30 August) with the Shanghai Composite up 0.24% at 3,077.29 as of 5.52am GMT, following a positive overnight close on Wall Street amid doubts that the US Federal Reserve would … Continue reading

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Hedge fund boss Hugh Hendry sees new era for entrepreneurs

The next 20 years may usher in a new age of growth for entrepreneurship – but that said, hedge fund boss Hugh Hendry is careful not to sound bullish about the stock market. Hendry, the founding partner of Eclectica Asset … Continue reading

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MIDEAST STOCKS-Qatar outperforms, rest of region sluggish

* Volumes low across region as oil, global markets cool * Qatar supported by blue chips * Aramex extends gains in Dubai * Saudi flat as petchems, bank shares mixed * Egypt slips as shares favoured by foreigners decline By … Continue reading

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Stocks open moderately higher on Wall Street

U.S. A Southwest Airlines flight from New Orleans to Orlando, Florida, was forced to make an emergency landing today in Pensacola, Florida, due to a “mechanical issue.” A spokesperson from the airline confirmed to ABC News that the plane, SW … Continue reading

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Wall Street opens flat as investors take in Fed comments

(Reuters) – U.S. stocks were little changed at the open on Monday as investors tried to decipher comments from top Federal Reserve officials regarding raising interest rates. The Dow Jones industrial average <.DJI> was up 41.43 points, or 0.23 percent, … Continue reading

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Wall St set to open flat as investors digest Fed comments

By Yashaswini Swamynathan (Reuters) – Wall Street rose on Monday morning, helped by financial stocks that gained a day after Federal Reserve Chair Janet Yellen said the case for an interest rate hike had strengthened. Yellen, addressing a gathering of … Continue reading

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Most Asian stock markets slip following Janet Yellen's comments on interest rates

Most Asian stock market indices were trading lower on 29 August (Monday), but the Shanghai Composite was up 0.06% at 3,072.01 as of 5.08am GMT, following US Fed Janet Yellen’s comments on Friday (26 August). Speaking at the annual symposium … Continue reading

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Fed could use reserves payments to stimulate U.S. economy – paper

JACKSON HOLE, Wyo. (Reuters) – The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the U.S. central bank when inflation is low, according to an academic paper presented on Saturday. … Continue reading

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Jobs data to be a big deal for record-high stocks

By Noel Randewich SAN FRANCISCO (Reuters) – Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark … Continue reading

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Caesars must face $11 billion in lawsuits: U.S. judge

By Tracy Rucinski CHICAGO (Reuters) – Caesars Entertainment Corp <CZR.O> must face lawsuits from bondholders seeking some $11 billion in claims, a U.S. judge ruled on Friday in a decision the casino company had warned could plunge it into bankruptcy … Continue reading

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