Result Page 166 for Latest Global Markets News & Archive

World stocks rally on hunt for risk, yen soft

World stocks flirted with record highs on Wednesday and the yen remained under pressure as receding expectations for rising interest rates encouraged investors to chase higher-yielding assets.

Politics spoils the party for Russian stocks

Buyers may not return in force until relations with the West improve and the next Kremlin leader is known.

Kennedy asks student lender cuts, shares climb

The chairman of the U.S. Senate education committee on Tuesday introduced legislation to cut government subsidies to student loan companies, but the cuts were milder than some expected and lender stocks rose.

Dollar falls broadly, tracks bond yields lower

The dollar weakened against most major currencies on Monday, tracking a slide in U.S. bond yields, while the yen fell to near 4-1/2 year lows on fading expectations of higher Japanese interest rates.

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OECD jobs report shows darker side of globalisation

Globaliz ation is good, but people are earning less of the wealth generated by economic growth and integration as the decades go by, the OECD said on Tuesday.

Euro retreats from record peak vs yen, ZEW hurts

The euro lost momentum on Tuesday after hitting a lifetime peak against the low-yielding Japanese yen, with sentiment hurt after a surprising fall in a measure of German investor confidence.

Indexes inch higher on lower yields; GE shines

U.S. stocks edged higher on Tuesday as a dip in Treasury bond yields tempered investors' interest-rate worries and boosted financial stocks. Shares General Electric Co., the second largest U.S. company rose more than 3 percent.

Stocks flat as subprime worries offset takeovers

Stocks were little changed on Monday as lingering worries about the subprime mortgage market offset optimism about corporate takeovers.

Asia stocks at record highs, yen slides

Asian stocks rose to record highs on Monday on growing optimism about the U.S. economy, but diminished expectations for an imminent Japanese interest rate rise pushed the yen to an all-time low versus the euro.

China Mobile eyes biggest ever Shanghai listing

China Mobile, the world's largest cellular phone operator, is planning a multibillion-dollar share sale in Shanghai as early as next month to attract domestic investors, sources familiar with the situation said on Monday.

UBS cuts earnings forecasts for S.Korean chip makers

UBS cut its earnings forecasts and share target prices for South Korean chip makers Samsung Electronics and Hynix Semiconductor Inc., citing bigger-than-expected price declines for DRAM memory chips.

Hong Kong leader backs cross-border listings: FT

Hong Kong and Shanghai listed shares would be allowed. Talks are underway.

Stocks rally for third session

Stocks rose for a third straight day on Friday after tame consumer price data put aside inflation fears, while an upgrade of bellwether Intel helped fuel gains in the tech sector.

Blackstone says tax changes could hurt value

Blackstone Group LP, which is preparing to go public, said on Friday that proposed U.S. Senate legislation on the taxation of private equity firms could materially increase its tax liability and lower the partnership's value.

Amazon valuation tops Google's, baffles some

Two months after Amazon.com Inc. posted first-quarter results that gave a boost to bulls anxious for a sign of improved earnings and profit margins, the online retailer's valuation is soaring -- and perplexing many.

Bonds rise as underlying inflation eases

Treasury debt prices rose on Friday after tame inflation data eased some recent concerns over the potential for Federal Reserve rate hikes.

NYMEX explores sale of company: report

The New York Mercantile Exchange (NYMEX), the world's largest energy market, is exploring a sale for about $14.3 billion, a news agency reported on Friday, as exchanges worldwide hustle for the best merger partners.

Global stocks, bond yields rise; yen weak after BOJ

Global stocks rose on Friday, absorbing further gains in U.S. and euro zone government bond yields ahead of U.S. inflation data, while the yen sank after the Bank of Japan left interest rates on hold.

Futures point higher on Intel, CPI looms

U.S. stock futures pointed to a flat to slightly higher open on Friday, with technology shares likely to underpin gains after a broker upgrade of Intel Corp. , but investors were cautious ahead of key inflation data.

Indexes climb with oil sector

U.S. stocks rose on Thursday as a gain of more than $1 a barrel in oil prices boosted shares of energy companies, including Exxon Mobil Corp., offsetting disappointment over profit reports from Bear Stearns and Goldman Sachs.

Global equities bounce back as bonds stabilize

Global stocks surged ahead on Thursday led by overnight Wall Street gains as bond markets settled down after more than a week of losses.

Dollar at 4-1/2 yr high vs yen as yields hold firm

The dollar hit a 4-1/2-year peak against the yen on Thursday, extending gains after strong U.S. retail sales data the previous day reinforced expectations the Federal Reserve would not cut interest rates this year.

European shares climb ahead of U.S. prices data

European shares climbed in early trading on Thursday, with leading indexes adding around 1 percent following overnight stock market rallies in the United States and Asia.

China's CITIC Securities has lofty IPO hopes

Should China's CITIC Securities command a valuation four times that of Goldman Sachs?

Indexes soar on bond yields' retreat and data

U.S. stocks jumped on Wednesday, as lower bond yields triggered a rebound in utilities and other shares sensitive to interest rates, while signs of strength in the economy reassured investors.

Suddenly 30-year fixed mortgages look good: report

Amid a steady stream of headlines about turmoil in the U.S. mortgage market propelled by rising defaults of subprime loans, home buyers and owners are fast turning to traditional, long-term mortgages for home financing needs, according to a report released on Wednesday.

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