Business / Stock Market

US stocks fall on profit-taking; euro falls 01 Mar 2016 - 07:51 am

AFP New York: US stocks finished a choppy session lower Monday in a move attributed to profit-taking after mostly gains in the last...

Euro falls vs dollar as eurozone inflation goes negative 01 Mar 2016 - 07:48 am

New York: The euro weakened against the dollar Monday pressured by a return of negative inflation in the eurozone, while the safe-haven yen...

Union Budget announcements depress equity markets 29 Feb 2016 - 10:05 am

Mumbai: Union Budget announcements, combined with negative Asian cues, and a dip in the rupee value depressed the Indian equity markets during the...

Saudi weighed down by petrochemical sector, Egypt sags 24 Feb 2016 - 12:37 pm

DUBAI: The petrochemical sector was the main drag on Riyadh's stock index in early trade on Wednesday after oil extended its decline, while...

China stocks pull back after rally but resource shares firm 23 Feb 2016 - 10:44 am

SHANGHAI: China stocks fell on Tuesday as investors took profits from the previous session's 2 percent gain, but some analysts expect buyers to...

Global stocks rally but sterling falters on Brexit fear 23 Feb 2016 - 08:32 am

The biggest loser of the day was the British pound, which sank against the dollar in early afternoon trading to its lowest level...

China stocks jump over 2 pct on new regulator chief, fresh stimulus 22 Feb 2016 - 10:41 am

SHANGHAI: China stocks jumped over 2 percent on Monday to a four-week high, led by property and resources shares, as investors welcomed Beijing's...

China removes stocks regulator head after market woes 20 Feb 2016 - 09:59 am

China Securities Regulatory Commission Chairman Xiao Gang addresses the Asian Financial Forum in Hong Kong January 19, 2015. REUTERS/BOBBY YIP By Adam Jourdan...

Ferrari shares turbo-charged by Soros stake announcement 18 Feb 2016 - 07:49 am

Milan: Ferrari shares received a massive boost on the Milan stock exchange Wednesday after financier George Soros said he had acquired a stake...

Tokyo stocks rise by break as SoftBank surges on buyback 16 Feb 2016 - 08:43 am

Tokyo: Tokyo stocks ended the morning session higher Tuesday, as a weaker yen boosted exporters while mobile giant SoftBank surged as it kicked...

Real estate firms buoy Qatar, UAE sluggish 15 Feb 2016 - 10:50 am

DUBAI: Real estate stocks buoyed Qatar's bourse early on Monday after strong earnings from United Development Co, while United Arab Emirates markets were...

Asian markets battered as Tokyo tanks again 12 Feb 2016 - 10:35 am

Pedestrians walk past a share prices board showing numbers of the Tokyo Stock Exchange in Tokyo on February 12, 2016. The benchmark Nikkei...

European stocks lifted by banks; US stocks mixed 11 Feb 2016 - 07:53 am

New York: European stocks ended a three-day losing streak Wednesday as banking shares rallied, while US equities reacted indecisively to statements from Federal...

Yen surges as global market rout extends ahead of Yellen testimony 10 Feb 2016 - 08:53 am

Tokyo: The Japanese yen extended gains against the dollar and the euro on Wednesday as nervous investors fled to safe investments with equity...

Asian stocks plunge in equity market bloodbath 09 Feb 2016 - 10:11 am

An employee of a foreign exchange trading company works in front of monitors displaying the Japanese yen's exchange rate against the U.S. dollar...

Oil down, Japan stocks pare losses as dollar strengthens 08 Feb 2016 - 08:39 am

Hong Kong: Oil prices ticked lower in Asia while Japanese stocks pared early losses as the dollar strengthened in thin trade Monday, with...

Dow rallies on higher oil as European stocks fall 04 Feb 2016 - 08:35 am

New York: Global stocks stumbled for most of the day Wednesday, but an afternoon rally in oil prices helped to lift key US...

Oil shares trounced as US, European stocks fall 03 Feb 2016 - 08:25 am

New York: US and European stocks tumbled Tuesday with petroleum-linked shares coming under pressure as BP and ExxonMobil reported weak earnings and oil...