Tag Archives: economic growth

German minister looks to tax cuts as economy contracts

11 November, 2018 9:21 am 9:21 am

BERLIN (Reuters) – Germany needs a package of tax cuts and other measures to shore up economic growth in the long term, Economy Minister Peter Altmaier said in an interview published on Sunday, days after the country posted its first Read More

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Dollar, US yields slide on Fed official rate talk

11 November, 2018 8:57 am 8:57 am

NEW YORK (Reuters) – The US dollar weakened and Treasury yields slid after a top Federal Reserve official said US interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism Read More

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Dollar keeps to tight ranges as investors brace for US elections

11 November, 2018 9:45 am 9:45 am

TOKYO (Reuters) – The dollar stuck to tight ranges against its major rivals on Tuesday as investors favoured caution ahead of US midterm elections later in the day. The US congressional election is widely expected to boost the Democratic Party, Read More

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Asian shares fall on trade, Fed rate hike fears, pound hits 2-week top

11 November, 2018 9:49 am 9:49 am

SYDNEY (Reuters) – Asian stocks were hammered on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-US trade war dented risk sentiment, while sterling jumped to two-week highs on hopes of an orderly Read More

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Asia starts new month up on strong Wall Street after brutal October

11 November, 2018 9:03 am 9:03 am

TOKYO (Reuters) – Asian stocks rose on Thursday as bruised investor sentiment got some relief from another robust Wall Street session thanks to upbeat corporate earnings, while the dollar hovered near a 16-month high on further signs of strength in Read More

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Asian stocks fragile as US-China trade tensions escalate

10 October, 2018 9:24 am 9:24 am

TOKYO (Reuters) – Asian shares came under pressure on Tuesday with Chinese markets and the yuan falling, hurt by fresh worries about the intensifying Sino-US trade war and tracking losses in Wall Street indexes. MSCI’s broadest index of Asia-Pacific shares Read More

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Oil stable as Asia stock markets rebound

10 October, 2018 8:53 am 8:53 am

SYDNEY (Reuters) – Asian shares bounced from last week’s steep declines on Monday, though sentiment remained fragile amid heightened worries about corporate earnings and a slowdown in global economic growth. Wider sentiment in markets has been hit by a range Read More

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Equities’ slide sends bonds higher, dents greenback

10 October, 2018 8:54 am 8:54 am

NEW YORK (Reuters) – Stock markets around the world tumbled while US Treasury prices rose along with demand for safer bets as better-than-expected US economic data did little to ease anxiety over disappointing corporate profits and trade wars. Wall Street Read More

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Stocks crumble as global growth, US earnings fears spook markets

10 October, 2018 8:27 am 8:27 am

SYDNEY (Reuters) – Asian shares dived on Thursday as hundreds of billions of dollars haemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for Read More

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Asia shares pare losses as China rallies on stimulus hope

10 October, 2018 8:17 am 8:17 am

SYDNEY (Reuters) – Asian share markets pared early losses on Monday as Chinese stocks swung higher for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy and Brexit. Blue chips in Shanghai climbed 3.5 percent in early Read More

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Dollar at one week high after hawkish Fed minutes; Asia stocks capped

10 October, 2018 8:09 am 8:09 am

TOKYO (Reuters) – Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed broad agreement among board members on the need to raise borrowing Read More

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Asia stocks edge up but Saudi tensions limit gains

10 October, 2018 8:51 am 8:51 am

TOKYO (Reuters) – Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although increasing tensions between Saudi Arabia and the West have fanned geopolitical concerns and capped gains. MSCI’s broadest index of Asia-Pacific Read More

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Global stocks rebound but S&P 500 posts biggest weekly loss since March

10 October, 2018 9:25 am 9:25 am

NEW YORK (Reuters) – Stock markets worldwide rebounded after a multi-day sell-off but still registered their biggest weekly losses in months, while US Treasury yields rose and the dollar held its gains. Wall Street snapped a six-day losing streak as Read More

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China’s September exports rise solid 14.5 percent year-on-year, impor...

10 October, 2018 9:08 am 9:08 am

BEIJING (Reuters) – China’s September exports rose a solid 14.5 percent from a year earlier, well above expectations despite wider application of US tariffs and signs of shrinking export orders for Chinese companies. Analysts polled by Reuters had forecast shipments Read More

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Asian shares on edge after nine-day rout, mood shaky as volatility spikes

10 October, 2018 9:04 am 9:04 am

SINGAPORE (Reuters) – Asian shares appeared tentative on Friday, holding steady after a nine-day losing streak, but sentiment was frail after Wall Street shares crumbled and expectations of market volatility shot up to an eight-month high. Worries about the economic Read More

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