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Archive for the May 13, 2017

    • News Desk
    • May 13th, 2017
    • Comments Off on Friday’s early trade: stocks slip as bank, industrial sectors drag

    US stocks edged lower on Friday and were on track to book declines for the week, weighed down by financial and industrial sectors. Wall Street has been trading in a tight range in the past

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    • News Desk
    • May 13th, 2017
    • Comments Off on Wall Street slides as investors fret about retail

    US stocks fell on Thursday after worse-than-expected sales drops at Macy's and Kohl's sparked a selloff in shares of department stores and stirred fears that consumers are not spending enough to drive strong economic growth.

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  • Australian shares ended the week lower on Friday, hurt by declines in the financial sector, while strength in the materials sector driven by overnight gains in gold and copper prices helped curtail some of the

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  • US Treasury yields were little changed for a second day on Thursday after hitting their highest levels since March as losses in Wall Street stocks offset an April jump in producer prices and a poorly

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  • US Treasury yields were little changed for a second day on Thursday after hitting their highest levels since March as losses in Wall Street stocks offset an April jump in producer prices and a poorly

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  • Taiwan stocks crossed the key 10,000 level for a third time this week before reversing course to trade marginally lower, with the semiconductor sector leading the decline. The main TAIEX index was down 0.13 percent

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  • Sri Lankan shares ended marginally higher on Friday, near a one-year high, led by gains in blue chips such as Ceylon Tobacco Company Plc and conglomerate John Keells Holdings Plc. Stockbrokers said they expect the

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  • Shanghai stocks bounced on Friday, but still posted a fifth straight week of losses amid lingering worries over economic growth and regulatory measures aimed at curbing risky lending and speculation. The blue-chip CSI300 index rose

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    • News Desk
    • May 13th, 2017
    • Comments Off on Dealmaking supports European shares but Richemont profit miss weighs

    European shares inched up on Friday, underpinned by gains among drugmakers and some fresh dealmaking activity, while luxury group Richemont fell on a disappointing earnings update. Cartier owner Richemont fell 5.6 percent, leading losers in

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    • News Desk
    • May 13th, 2017
    • Comments Off on Hong Kong stocks have best week in two months

    Hong Kong stocks hovered near 21-month highs on Friday, and posted their biggest weekly gain in two months, helped by continuous inflows from mainland China. The Hang Seng index on Friday rose 0.1 percent, to

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