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Last update: Mon, 23 Jan 2017 09am

Europe

Markets - Equity - Europe

Stocks inch higher in holiday lull LONDON: European and Asian share prices inched higher on Tuesday as trading in some of the world's major financial markets resumed after a Christmas break, with oil and the dollar also rising marginally.Concerns about Italian banks, Chinese growth and U.S. President-elect Donald Trump's protectionist bent look set to keep investors on edge into the start of 2017.But expectations the new administration will splash out on a fiscal boost for the U.S. economy also has markets expecting inflation and more growth overall that should benefit companies globally.Data on Tuesday showed Chinese industry racked up its strongest profit growth in three months in November, suggesting the world's second-largest economy was improving.In Japan, however, core consumer prices fell in annual terms for the ninth month as household spending slumped."Markets have calmed down a lot since the U.S. election and the decisions by the ECB and Fed (earlier in December)," said Daniel Lenz, a ...

Markets - Equity - Europe

Banks in focus as world stocks drift into Xmas break LONDON: Europe's stock markets and Wall Street were broadly stable Friday on a quiet last trading day before Christmas, with banks topping the agenda after huge US fines and a bailout in Italy.London closed marginally higher in a half-day session, as upwardly-revised data showed the British economy grew 0.6 percent in the third quarter despite Brexit jitters.In the eurozone, Frankfurt and Paris hovered around either side of unchanged, but Milan jumped nearly one percent on ...

Markets - Equity - Europe

Britain's FTSE steadies, RBS and Barclays diverge on US settlement updates LONDON: Britain's top shares held roughly steady in a shortened session on Friday, with RBS and Barclays heading in opposite directions following the latest developments in a US probe into misselling of mortgage securities. The FTSE 100 ended up 0.1 percent, and was up 0.8 percent for the week - a third successive week of gains. The index hit its highest level in over two months. Royal Bank of Scotland closed up 1.4 percent, after ...

Markets - Equity - Europe

European stocks stable before Christmas, banks in focus LONDON: Europe's stock markets were stable Friday on the last trading day before Christmas, with banks topping the agenda after huge US fines and a bailout in Italy.London was flat before an early finish at 1230 GMT, as upwardly-revised data showed the British economy grew 0.6 percent in the third quarter despite Brexit jitters.In the eurozone, Frankfurt and Paris both eked out slender gains, but Milan jumped 0.9 percent on relief over a state rescue ...

Markets - Equity - Europe

Britain's FTSE slips from 2-month high LONDON: British shares retreated on Thursday, slipping from a 2-month high hit in the previous session as mining stocks tracked copper prices lower.The blue chip FTSE 100 index was down 0.1 percent at 7,037.27 points by 0948 GMT, in line with a decline in the broader European market. Volumes were thin in the run-up to the festive season.British mining stocks were the biggest drag, taking around 4 points off the FTSE 100.Antofagasta, Glencore, BHP Billiton ...

Markets - Equity - Europe

Britain's FTSE slips from 2-month high LONDON: British shares retreated on Thursday, slipping from a 2-month high hit in the previous session as mining stocks tracked copper prices lower.The blue chip FTSE 100 index was down 0.1 percent at 7,037.27 points by 0948 GMT, in line with a decline in the broader European market. Volumes were thin in the run-up to the festive season.British mining stocks were the biggest drag, taking around 4 points off the FTSE 100.Antofagasta, Glencore, BHP Billiton ...

Markets - Equity - Europe

GLOBAL MARKETS-Dollar retreats from 14-year high, banks drag Europe shares lower LONDON: The dollar eased from 14-year highs on Wednesday, giving back some of the gains chalked up since Donald Trump's US election victory, while concerns over banks pulled European shares lower. Wall Street also looked set to open lower, according to index futures, after the Dow Jones industrial average climbed to within 25 points of the 20,000 mark on Tuesday. A widespread conviction that Trump's policies will boost the US economy has powered the dollar ...