Financial Markets

US stocks take sharp losses as tech, internet companies drop

Nov 19, 2018

US stocks are falling as technology and internet companies take more losses and Amazon leads a steep drop among retailers as investors react to tensions between the US and China at a Pacific Rim conference

Asian shares mostly up cheered by Wall Street buying spree

Nov 19, 2018

Asian shares are mostly higher after a buying spree on Wall Street kept up investor optimism into a new week, despite continuing worries about trade tensions

Brexit, Italy, trade: Risks piling up for Europe's economy

Nov 16, 2018

Europe's long-running economic rebound is facing a mid-life crisis as it copes with worries including a potential debt explosion in Italy, an escalating US-China trade war and a potentially disruptive British exit from the European Union

Retailers, tech companies weigh on US stocks; Oil prices up

Nov 16, 2018

U.S. stock indexes are down in midday trading as losses in retailers and internet and technology companies outweigh gains elsewhere in the market

Draghi: eurozone economy 'resilient' despite trade slowdown

Nov 16, 2018

European Central Bank head Mario Draghi says that slowing trade is proving to be a drag on the eurozone economy but says the expansion remains "resilient" as consumers at home remain willing to spend and unemployment falls

Stocks have struggled in 2018. Bonds too. Oh, and gold.

Nov 15, 2018

Even the most balanced investors have gotten knocked on their heels this year

Colombia opens camp for Venezuela migrants as exodus swells

Nov 13, 2018

Authorities in Colombia's capital have opened a camp for Venezuelan migrants as the number fleeing their nation's economic and humanitarian crisis continues to rise

IMF warns Italy's spending plan makes country vulnerable

Nov 13, 2018

The International Monetary Fund is warning that Italy's plan to sharply increase spending carries "substantial" risks and would leave the country vulnerable to market turmoil

UK earnings rising at their highest rate in a decade

Nov 13, 2018

Official figures show that average earnings in Britain are rising at their fastest rate since the most acute phase of the global financial crisis a decade ago

Abu Dhabi summit: Oil production cuts may be necessary

Nov 12, 2018

Major oil producers at Abu Dhabi summit say production cuts of up to 1 million barrels per day may be necessary

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