Archive for the February 16, 2019
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Australian shares edged higher on Friday, as gains in energy and financial stocks slightly outweighed losses for mining heavyweights while weak US retail sales and softer Chinese inflation added to worries about the global economy.
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Philippines led falls across Southeast Asian stock markets, which ended lower on Friday following a string of disappointing economic data in the region, amid continued focus on US-China trade talks. Softer inflation data from China
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Britain's FTSE 100 rose for a fifth straight session and posted its third straight week of gains amid a broader rally in global markets on Friday on news of progress in the Sino-US trade talks.
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President Donald Trump said Friday that trade negotiations with China were going "extremely well" and again offered the possibility of extending the March 1 deadline for a sharp rise in punitive tariffs. Senior officials completed
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China announced anti-dumping duties on Brazilian chicken Friday, saying investigations had revealed that poultry imports had done "substantive damage" to the domestic broiler industry. The tariffs - ranging from 17.8 percent to 32.4 percent -
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State-rescued Royal Bank of Scotland more than doubled net profits in 2018, the lender announced Friday as it extends its recovery following a decade of turmoil. RBS said in a statement that profit after tax
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State-rescued Royal Bank of Scotland more than doubled net profits in 2018, the lender announced Friday as it extends its recovery following a decade of turmoil. RBS said in a statement that profit after tax
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American manufacturing plunged in January, largely on a drop in vehicle assembly, cutting overall industrial production in its biggest decline since mid-2018, the Federal Reserve reported Friday. Even excluding the sharp drop in vehicle output,
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Hundreds of Chinese citizens staged a rare protest Friday at an office of Spain's BBVA bank in Madrid, angrily denouncing that their personal accounts had been frozen without prior warning. Waving Chinese and Spanish flags,
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French energy giant Total said Friday it will move some of its trading and marketing activities from London to Paris and Geneva, but insisted that Brexit had not influenced the decision. The company said the
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