European shares hit two-week high as China eases COVID-19 curbs

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 24, 2022. REUTERS/Staff Register now for FREE unlimited access to register Prosus tops STOXX 600 on Tencent stake sale plan Shanghai declares victory over COVID-19 Mining sector leads gains June 27 (Reuters) – European shares closed at … Read more

Stocks temper their inflation expectations on copper pounding

S&P futures up 0.9%, European stocks gain 1.5% MSCI world stocks eyeing 2.5% weekly rise Copper falls more than 7% on week, oil down 2% German 10-year bond yields drop 4 bps LONDON, June 24 (Reuters) – World stocks headed for their first weekly gain in a month and Wall Street was set to open … Read more

Recession fear stalks oil, copper and stocks

LONDON, June 23 (Reuters) – Global markets fell on Thursday as investors worried that further rises in interest rates to decades-high inflation would tip economies into recession. The German economy, Europe’s largest, suffered a sharp loss of momentum at the end of the second quarter, according to the latest Purchasing Managers’ Index, while corresponding figures … Read more

Stocks in a tailspin, dollar soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on … Read more

Musk says he would reverse Twitter ban on Donald Trump

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc … Read more

Global scramble for metals thrusts Africa into mining spotlight

A truck exits the mine after collecting ore from 516 meters below the surface at the Chibuluma copper mine in the Zambian copperbelt region. REUTERS/Rogan Ward Register now for FREE unlimited access to register JOHANNESBURG, May 8 (Reuters) – The need to secure new sources of metals for the energy transition amid sanctions on … Read more

Stocks up, U.S. yields at 3% as markets ready for Fed hike

A general view shows the German share price index DAX board during afternoon trading as markets react on the disease coronavirus (COVID-19) at the stock exchange in Frankfurt, Germany, March 25, 2020. REUTERS/Ralph Orlowski/Files Register now for FREE unlimited access to register MILAN, May 3 (Reuters) – World stocks rose on Tuesday and US … Read more

Economic fears hit global equities, commods; Twitter lifts Wall St

WASHINGTON/LONDON, April 25 (Reuters) – European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising interest rates and China’s sputtering economy, while Wall Street shares rose, reversing losses after Twitter agreed to be bought by billionaire Elon Musk. Fears over China’s COVID-19 outbreaks spooked investors already worried … Read more

China’s imports unexpectedly fall on domestic COVID curbs

Trucks travel past containers at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. Picture taken January 13, 2022. REUTERS/Aly Song Register now for FREE unlimited access to register March export growth eases slightly but beats forecasts March imports unexpectedly fall Ukraine war, COVID lockdowns taking a toll BEIJING, April 13 (Reuters) … Read more