Search Results for: FTSE
Asian shares track Wall St. lower, yen gains
July 11th, 2014
Asian shares recouped early losses on Friday as sentiment in the region proved resilient to Portuguese bank concerns amid signs offshore funds were returning to emerging world assets. MSCI’s broadest index of Asia-Pacific shares outside Japan recovered to be ...
Stock futures fall sharply on Portuguese, Italian woes
July 10th, 2014
U.S. stock index futures fell sharply on Thursday as European shares tumbled on growth concerns after weak data out of Italy and concern over the health of Portugal’s top listed bank. With U.S. stocks trading near record highs, the ...
Global stocks mixed, Indonesia up after election
July 10th, 2014
Global markets were mixed Thursday with a slight pickup in China’s exports failing to give a lift to European stocks after most Asian indexes closed up. Indonesian stocks surged despite a contested presidential election result. European markets failed to ...
Asian Stocks Lower After U.S. Lead
July 8th, 2014
Asian stock markets drifted lower Tuesday after U.S. indexes pulled back from record highs and investors awaited fresh data from China. Japan’s Nikkei 225 index tracked Wall Street’s declines, slipping 0.2 percent to 15,351.25 despite fresh data showing the ...
Top investor Neil Woodford buys into AstraZeneca
July 7th, 2014
Britain’s highest-profile fund manager, Neil Woodford, has begun building a stake in AstraZeneca in a move that could scupper rival Pfizer’s chances of buying the pharmaceutical giant later this year. AstraZeneca rejected a £69bn bid from the maker of ...
Wall Street set to extend highs
July 2nd, 2014
The rally on Europe’s main equities markets is continuing, after fresh prices data for the eurozone did not contain any unpleasant surprises ahead of this week’s European Central Bank policy meeting. The region-wide FTSE Eurofirst 300 is up 0.4 ...
BIS warns over ‘Euphoric’ capital markets
June 30th, 2014
The Bank for International Settlements (BIS) has warned that “euphoric” financial markets have become detached from the reality of a lingering post-crisis malaise, as it called for governments to ditch policies that risk stoking unsustainable asset booms. While the ...
Credit Suisse and Yorkshire Building Society fined for failing to promote products
June 16th, 2014
The Financial Conduct Authority has slapped a unit of Credit Suisse and the Yorkshire Building Society (YBS) with millions of pounds worth of fines for failing to ensure that the promotion of a key financial product was clear, fair ...
Asian stocks weak on world bank growth downgrade
June 11th, 2014
Asian stock markets were weak on Wednesday, dragged down by the World Bank’s lower global growth forecast. The bank cut its forecast for global economic growth this year to 2.8 percent from the 3.2 percent it forecast in January. ...
European stocks hold six-year highs
June 6th, 2014
European stocks are holding six-year highs, while Wall Street is on course for another record, as investors continue to absorb the latest bout of central bank stimulus and attention turns to the health of the US jobs market. The ...