Archive for the January 12, 2019
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European shares closed higher on Friday after hitting one-month highs as investor appetite for assets considered risky remained firm, despite caution over trade and ahead of earnings season. The pan-European STOXX 600 ended 0.1 percent
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Shares in Hong Kong ended higher on Friday on signs of progress in Sino-US trade negotiations and as US Federal Reserve Chairman Jerome Powell reiterated that the Fed would be patient about interest rate hikes.
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Most Southeast Asian stock markets rose on Friday as the Sino-US trade talks seemed headed for higher levels and as US Federal Reserve chief reiterated that the Fed would be patient about raising rates. Chinese
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British blue-chip shares retreated on Friday, singed by a sterling rally on a newspaper report of cabinet ministers saying that Britain would have to delay its European Union exit. The report in the Evening Standard
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Ride-hailing giant Uber said Friday that it would appeal a fresh legal setback in Europe after a French court ruled a former driver who sued the firm effectively had a work contract, potentially undermining a
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Japan said Friday it will have to amend its upcoming budget to fund compensation for people whose benefits were underpaid for years because of a scandal involving erroneous labour data. The labour ministry admitted this
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French automaker Renault on Friday decried a "campaign of destabilisation" embroiling its alliance with Japan's Nissan, as new allegations surfaced over pay arrangements overseen by arrested boss Carlos Ghosn. The allegations centred on Renault executive
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US consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs rose steadily. Overall, the
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Spain's second-largest bank BBVA is suspected of having used a disgraced former police chief to illegally tap the phones of journalists, politicians and businesspeople to push back an unwanted shareholder, according to media reports. Jose
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SpaceX CEO Elon Musk has unveiled the first pictures of a retro-looking, steely rocket called Starship that may one day carry people to the Moon and Mars. Musk posted pictures on Twitter late Thursday of
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