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Archive for the January 9, 2018

    • News Desk
    • Jan 9th, 2018
    • Comments Off on Southeast Asian stocks up; Vietnam hits 10-year high

    Most Southeast Asian stock markets ended higher on Monday tracking broader Asia and on expectations of strong first-quarter earnings, while Vietnam recorded its highest close in more than a decade. MSCI's broadest index of Asia-Pacific

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  • Indian shares ended at record closing highs for a second straight session on Monday as investors remained optimistic over corporate results, with sentiment also boosted by broader world markets hovering near all-time highs. The broader

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  • China's main share indexes rose on Monday, climbing for a seventh straight session and boosted by robust gains for real estate firms as major developers reported stellar 2017 sales. The indexes closed at their highest

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    • News Desk
    • Jan 9th, 2018
    • Comments Off on European shares hit highest since August 2015, Ablynx soars

    European shares hit their highest level in more than two years on Monday as confidence over global economic growth and mergers and acquisitions continued to boost investor appetite for stocks. The STOXX 600 index closed

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  • Sri Lankan shares rose on Monday to a near seven-week high as blue chip shares such as John Keells Holdings Plc gained, while foreign investors continued to buy the island nation's risky assets. The Colombo

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    • News Desk
    • Jan 9th, 2018
    • Comments Off on Australian shares at 10-year high; New Zealand down

    Australian shares marked a ten-year peak and rallied to end their fourth session higher on Monday, helped higher by banking stocks and as positive cues from Wall Street backed buying sentiment. The S&P 500 and

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    • News Desk
    • Jan 9th, 2018
    • Comments Off on Weak results weigh on FTSE, profit warning pummels Mothercare

    Ripples through the retail sector dented British stocks on Monday as small-cap Mothercare sank by a third after a profit warning, while software firm Micro Focus dropped nearly 17 percent after cutting guidance. The FTSE

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    • News Desk
    • Jan 9th, 2018
    • Comments Off on GoPro shares dive as it cuts staff, exits drone market

    Shares of GoPro plunged by about 25 percent Monday after it announced it was slashing its workforce and exiting the drone market following disappointing holiday-season sales. The camera and technology company said it would cut

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    • News Desk
    • Jan 9th, 2018
    • Comments Off on Kuwait to host Iraq reconstruction summit

    Kuwait will host an international conference in February on the reconstruction of war-torn Iraq, in cooperation with the World Bank and private companies, it said Monday. Deputy Foreign Minister Khaled al-Jarallah said that despite "past

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    • News Desk
    • Jan 9th, 2018
    • Comments Off on 2017 the costliest year in US history for natural disasters

    Last year was the most expensive in US history for natural disasters, with a series of fires and hurricanes that cost $306 billion, according to a US government report Monday. A total of 16 disasters

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