Archive for the August 17, 2019
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The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears amid the simmering US-China trade tensions. Wall Street zig-zagged from red to black
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US 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries about global trade tensions and economic slowdowns around the world.
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US 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries about global trade tensions and economic slowdowns around the world.
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Australian shares gained little respite on Friday as they ended a third straight week in the red, hurt by concerns about a global economic slump and signs the US-China trade war would drag on. Australia's
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China stocks closed up on Friday to end the week higher, aided by gains for consumer firms, as Beijing moves to boost consumption further to tackle slowing economic growth. The blue-chip CSI300 index rose 0.5%,
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European shares rebounded from six-months lows on Friday, ending a tumultuous week on a positive note as hopes of fiscal stimulus from Germany lifted sentiment and sparked a rally in the battered banks sector, helping
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Indian shares ended a tick higher on Friday, powered by gains in banking stocks, but finished lower for the week with trading dominated by headlines about the Sino-US trade conflict and fears of an imminent
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Thai shares gained on Friday, in line with broader Asian peers, as the local government hinted plans of an economic stimulus shortly after China prepped plans to boost its disposable income, while the Singapore index
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UK shares rebounded on Friday after the London Stock Exchange's longest outage in years, with more stimulus plans from China bolstering the blue-chips and increased optimism about Britain avoiding a disruptive no-deal Brexit lifting the
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Joseph Tsai, co-founder of Chinese e-commerce giant Alibaba, has made a deal to purchase full control of the NBA's Brooklyn Nets from Russian businessman Mikhail Prokhorov, the club announced Friday. The Nets said Prokhorov has
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