Tag Archives: stocks

China accuses US of whipping up panic over virus as stocks tumble

02 February, 2020 8:57 pm 8:57 pm

BEIJING/SHANGHAI (Reuters) – China accused the United States on Monday of whipping up panic over a fast-spreading coronavirus with travel restrictions and evacuations as Chinese stocks plunged on the first day back from the extended Lunar New Year holiday. The death toll in China from the newly identified virus, which emerged in Wuhan, capital of … Read More

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Stocks gain 1,166 points as risk of all-out war between US, Iran dissipated

01 January, 2020 10:58 pm 10:58 pm

KARACHI (92 News) – After the risk of an all-out war breaking out between the US and Iran dissipated as stocks gained on Thursday with the KSE-100 index recouping 1,165.51 points (2.74 per cent) from the losses of 547 points suffered previous day. At the closing of the day, the index settled in the green … Read More

Stocks, gold and oil whipsawed as Iran strikes pushes Mideast to brink

01 January, 2020 10:01 am 10:01 am

SHANGHAI (Reuters) – Financial markets were roiled on Wednesday after Iran fired missiles at US forces in Iraq, sending Asian stocks and US Treasury yields sliding and sharply lifting oil prices as investors feared a wider conflict in the Middle East. Iran’s missile attacks on the Ain Al-Asad air base and another in Erbil, Iraq, … Read More

Asia stocks rally, oil skids as investors reassess Mideast risk

01 January, 2020 11:28 am 11:28 am

SYDNEY (Reuters) – Asian shares rebounded on Tuesday as investors’ reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed. Oil surrendered hefty gains as some speculated Iran would be unlikely to strike against the US in a way that … Read More


Stocks and oil fall, yen rallies as Trump threatens to further escalate Chi...

08 August, 2019 1:36 am 1:36 am

NEW YORK (Reuters) – Stocks and oil prices fell sharply on Friday while traditional safe havens rose after US President Donald Trump threatened to further escalate his trade war with China “this afternoon,” following a new round of retaliatory tariffs from Beijing. Earlier on Friday China’s Commerce Ministry said in a statement it would impose … Read More

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Asia stocks gain, dollar droops as Fed chair sets stage for rate cut

07 July, 2019 9:12 am 9:12 am

TOKYO (Reuters) – Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a US interest rate cut later this month. In an appearance before his congressional overseers on Wednesday, Powell confirmed that the US economy is still under threat from disappointing factory activity, tame inflation and … Read More

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Stocks relieved at trade truce, bonds step back

07 July, 2019 10:38 am 10:38 am

SYDNEY (Reuters) – Stocks rallied and bonds retreated in Asia as a thaw in the Sino-US trade dispute averted one threat to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks. The dollar firmed modestly on the safe-haven yen as Treasury yields rose and futures reined in … Read More

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Global stocks dip as Fed meeting looms, oil climbs on geopolitical fears

06 June, 2019 8:31 am 8:31 am

NEW YORK (Reuters) – US stocks ended nominally lower as investors awaited next week’s Federal Reserve meeting for signs of imminent easing, while the US-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher. Lingering worries over the US-China trade war also weighed on investor sentiment. Weak China data and … Read More

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Trade turbulence shows market vulnerability as stocks get pricier

05 May, 2019 8:19 am 8:19 am

NEW YORK (Reuters) – Stock valuations have climbed to levels reached just before Wall Street’s late 2018 plunge, leaving the market at risk of shocks such as the sell-off this week as global trade tensions mounted. But stocks may have more support than last year, due largely to lower bond yields and a more dovish … Read More

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COAS visits COD, lauds role in safeguarding stocks for optimum use

05 May, 2019 8:23 pm 8:23 pm

RAWALPINDI (92 News) – Chief of Army Staff (COAS) General Qamar Javed Bajwa on Tuesday visited Rawalpindi Central Ordnance Depot (COD). According to the Inter-Service Public Relation (ISPR), the army chief over-viewed the special instruments and combat equipments during his visit. The ISPR also lauded the officials of COD for reviving obsolete equipment and safeguarding … Read More

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US-China trade hopes lift stocks; oil at three-month high

02 February, 2019 10:57 pm 10:57 pm

NEW YORK (Reuters) – Stocks rose in major markets on bets of progress in trade talks between the United States and China, while crude futures hit their highest in over three months, supported by ongoing supply cuts. US President Donald Trump and Chinese Vice Premier Liu He were set to meet at the Oval Office … Read More

Asia, stocks, dollar, US job data

Asia stocks quiet, dollar firm after upbeat US job data

02 February, 2019 9:14 am 9:14 am

TOKYO (Reuters) – Asia stocks hovered near four-month highs on Monday after a mixed performance on Wall Street at the close of last week, while the dollar firmed against the yen following strong U.S. job and manufacturing data. MSCI’s broadest index of Asia-Pacific shares outside Japan was almost flat. It had scaled a four-month peak … Read More


Stocks rally on trade hopes, dollar has first weekly gain of 2019

01 January, 2019 8:29 am 8:29 am

NEW YORK (Reuters) – World stock indexes jumped with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the US-China trade conflict. Stocks were boosted by a Bloomberg report that said China sought to raise … Read More

Nasdaq in bear market, first of the three major US indexes

12 December, 2018 9:17 am 9:17 am

NEW YORK (Reuters) – The  Nasdaq Composite Index confirmed it is in a bear market for the first time since 2008, underscoring fears that the longest bull run in history for US stocks could soon be over. The index finished the day down 21.9 percent from its Aug. 29 record closing high, exceeding the 20 … Read More

European shares fall on doubts over US-China trade truce

12 December, 2018 11:04 pm 11:04 pm

LONDON (Reuters) – European shares fell on Tuesday led lower by auto stocks as investors started to question whether the truce agreed by the United States and China on their trade dispute would lead to a long-term deal. After enjoying a rally for its first day of trading in December, Germany’s DAX – the most … Read More