Tag Archives: stocks

Virus, second-wave, fears, rattle markets, stocks, fall

Virus second-wave fears rattle markets, stocks fall

06 June, 2020 3:19 pm 3:19 pm

LONDON (Reuters) – Fears that a second wave of COVID-19 infections is under way sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe havens such as German government debt. Beijing reported its second consecutive day of record numbers of virus cases and hospitalisations rose in some … Read More

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Stocks rally on treatment hopes, currencies await ECB

04 April, 2020 11:26 am 11:26 am

SINGAPORE/NEW YORK (Reuters) – Asian stocks rose to a fresh seven-week high on Thursday, lifted by encouraging early results from a COVID-19 treatment trial, though bonds and currencies held cautious ranges ahead of a European Central Bank meeting later in the day. Anthony Fauci, the top U.S. infectious disease official, said Gilead’s antiviral remdesivir will … Read More

Oil slips on oversupply fears, but stocks jump on virus slowdown hopes

04 April, 2020 10:22 am 10:22 am

SYDNEY (Reuters) – Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases. In currency markets, sterling GBP= fell 0.4% early in Asia after British Prime Minister Boris Johnson was admitted to … Read More

Global, stocks, edge, lower, economic, toll, coronavirus, oil rallies

Global stocks edge lower on economic toll from coronavirus, oil rallies

04 April, 2020 9:55 am 9:55 am

NEW YORK (Reuters) – Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply. Investors sought safe havens in the US dollar and government bonds, pushing US Treasury yields near … Read More

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Oil, shares slip on doubts over Saudi-Russia deal

04 April, 2020 9:55 am 9:55 am

TOKYO/NEW YORK (Reuters) – Oil prices retreated on Friday after massive gains, while stocks in Asia edged down, as doubts grew over an oil price deal between Saudi Arabia and Russia that US President Donald Trump said he had brokered. With the coronavirus pandemic raising the risk of a prolonged global downturn, investors continued to … Read More

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Stocks under pressure after biggest quarterly drop since 2008

04 April, 2020 11:33 am 11:33 am

NEW YORK (Reuters) – Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002. Shares on Wall Street tumbled on Tuesday, with … Read More

London, index, hammered, coronavirus, derail, global, stocks

London’s main index hammered as coronavirus fears derail global stock...

03 March, 2020 11:17 pm 11:17 pm

LONDON (Reuters) – London’s bluechip index ended the week in the red as growing economic risks from the coronavirus outbreak fuelled investor worries and added to the sell-off on global stock markets.  Fears about the virus also sparked a flight to the safety of bonds. A 3.6% fall for the FTSE 100 .FTSE erased its … Read More

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Washington confirms 2nd US coronavirus death; New York reports first case

03 March, 2020 10:09 am 10:09 am

(Reuters) – Health officials in Washington state said late Sunday that a nursing home resident had died after contracting coronavirus, while New York’s governor confirmed his state’s first positive case, as the virus moved out of its West Coast foothold. The coronavirus, which emerged in China late last year, has decimated global markets as it … Read More

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

Stocks trade bonds trade truce asiaFed aggressive masahiro G 20 summit Beijing Trump Chinese

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