07282016Thu
Last update: Thu, 28 Jul 2016 01pm

Markets - Equity

Markets - Equity - Europe

European shares slip as Dialog dives while Shell slides LONDON: European shares retreated on Thursday, weighed down by some weak corporate updates out from the likes of Dialog Semiconductor and oil major Royal Dutch Shell. The pan-European STOXX 600 index and the similar FTSEurofirst 300 were both down by 0.3 percent in early session trading.Dialog dropped by 10 percent, the worst-performing stock on the STOXX 600 index, after the German company cut its 2016 sales outlook, while Shell fell by 4 percent after it reported a slump in profits.Shares in British bank Lloyds also fell 3.4 percent after Lloyds warned of a likely drop in demand caused by Britain's vote to quit the European Union and added it would accelerate its cost-cutting plan to offset the more testing economic environment.The STOXX 600 has rebounded by around 10 percent from a low point reached on June 27 after last month's shock Brexit vote, but it remains down by around 7 ...


Markets - Equity - Asia

Tokyo shares fall with BoJ meeting in focus TOKYO: Tokyo shares fell Thursday as a Bank of Japan (BoJ) policy meeting kicked off, with markets waiting to see if policymakers unleash a fresh round of stimulus to kickstart sluggish growth.The gathering is the BoJ's first since Britain's shock vote to quit the European Union hammered financial markets and sparked a rally in the safe-haven yen, which is threatening to dent Japan Inc's bottom line. Among the options, the BoJ could expand its mammoth ...

Markets - Equity - Asia

Hong Kong stocks down at break HONG KONG: Hong Kong stocks fell Thursday morning in line with a regional sell-off after the Federal Reserve left the door open for a US interest rate hike this year.The Hang Seng Index slipped 0.43 percent, or 95.66 points, to 22,123.33 by the break.And the benchmark Shanghai Composite Index lost 0.62 percent, or 18.41 points, to 2,973.59, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.38 percent, or 26.96 points, ...

Markets - Equity - Asia

Tokyo shares slip by break as BoJ meeting starts TOKYO: Tokyo shares slipped Thursday morning with financials down as the Bank of Japan kicked off a closely watched policy meeting, with traders waiting to find out if it delivers on an expected stimulus package.The gathering is the BoJ's first since Britain's shock vote to quit the European Union hammered financial markets and sparked a rally in the safe-haven yen, which hit Japan Inc's bottom line. The talks come after the government on Wednesday announced ...

Markets - Equity - Australia

Australia shares set for cautious start, NZ dips SYDNEY: Australian shares looked set for a cautious start after Wall Street ended flat and commodity prices had a mixed session, though month-end demand could offer support.The local share price index futures rose 0.2 percent to 5,511. The underlying S&P/ASX 200 index had nudged up a bare 0.04 percent on Wednesday to 5,539.7, though that was its highest finish since August, 2015.While iron ore prices gained 1 percent overnight, oil and base metals took a ...

Markets - Equity - Americas

Central bank views lift stocks worldwide, yen slips NEW YORK: The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while US equity markets rebounded following the Federal Reserve's decision to leave interest rates unchanged. The Fed said at the end of a two-day meeting of its policy-setting Federal Open Market Committee that near-term risks to the US economy had diminished, a view seen as opening the door to a resumption of monetary policy tightening ...

Markets - Equity - Americas

Brazilian stocks and currency stable after Fed decision SAO PAULO: The Brazilian real and Bovespa stock index were stable on Wednesday, after a session in which traders were attentive to a meeting of US Federal Reserve policymakers, who decided not to raise rates.The Mexican peso weakened in afternoon trading, as the Federal Reserve left the door open to raising interest rates later this year because of lower risks for the US economy.The Colombian peso weakened 0.64 percent, hit by a drop in prices ...