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Market News

Wuhan's virus ground-zero market hides in plain sight

Wuhan - In the Chinese city of Wuhan, the wet market that spawned the pandemic which has brought the world to its knees now slumbers quietly behind a tidy-looking blue-and-white partition.

Oil plunges most since Gulf War on Saudi-Russia standoff, virus

London - Global oil markets plunged almost a third Monday, the biggest drop since the 1991 Gulf War as Saudi Arabia slashed prices in a battle for market share after Russia rejected OPEC calls for deep output cuts.

Blip or bust: coronavirus economic impact still in doubt

Paris - Markets have shuddered as the coronavirus spreads worldwide, but analysts doubt it will plunge economies into a crisis like the one that followed the 2008 Lehman Brothers investment bank failure.Where will the market slide end?

The US-China trade war: where are we now?

Washington - For the second time in as many months, US President Donald Trump suggested Thursday that Washington and Beijing were on the brink of a major trade agreement.

The coffee conundrum: consumption is up but trade prices are low

London - Despite a steady increase in coffee consumption around the world, trade prices have fallen dramatically in the past three years, hitting producers. At the same time, the cost of an espresso or latte remains as full-fat as ever. What's going on?

French market serves up a world record for its 50th birthday

Paris - France's Rungis market near Paris celebrated its 50th anniversary by throwing a giant banquet of record-breaking proportions, reserving its spot in the Guinness Book of Records.

Franco-Dutch tensions flare over control of Air France-KLM

Paris - A fight for influence over Air France-KLM erupted in a diplomatic spat between France and the Netherlands Wednesday, after Dutch authorities bought a major stake in the airline, then increased it, to stave off a suspected attempt to consolidate more op...

Bulls' last hurrah? Doubts follow latest US stocks dip

New York - Wall Street stocks were experiencing another rocky session on Tuesday, with technology shares especially volatile, as worries about higher interest rates and trade conflict threatened the multi-year bull market.

Cryptocurrency bitcoin marks 10 years

London - October 31, 2008 marked the birth of bitcoin. Ten years on, the world's first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors.

Wall Street greets bitcoin with interest and worry

New York - Bitcoin may be the fraud of the century, depending on whom you believe, or it could be a gold mine for early adopters.

Weather in Canada leaves $3 billion worth of grain unharvested

Western Canadian grain farmers are warning the federal agriculture minister they may not be able to get this year’s multibillion-dollar crop in the bin because of continued snowfall in much of the Prairies.

Ghosts of Tsukiji: After 83 years, world's top fish market now empty shell

Apo - For 83 years, the Tsukiji fish market in Tokyo was a head-spinning hive of activity.

'Domino effect' hits stocks as Trump slams Fed

London - A global stock market downturn worsened Thursday as investors, spooked by a plethora of economic woes, dumped shares that suddenly looked dangerously overvalued.

First tuna auction at Japan's 'new Tsukiji' market

Apo - The cries of the raucous pre-dawn tuna auction rang out for the first time at Tokyo's new fish market Thursday, just days after the world-famous Tsukiji site closed the door on its 83-year history.

First tuna auction at Japan's 'new Tsukiji' market

Apo - The cries of the raucous pre-dawn tuna auction rang out for the first time at Tokyo's new fish market Thursday, just days after the world-famous Tsukiji market closed the door on an 83-year history.

Poll surge for right-winger spurs Brazil markets

S - A jump in polling for a far-right politician leading the race for Brazil's presidency spurred financial markets on Tuesday as investors wagered his privatization-friendly policies could boost the flagging economy.

Argentine peso starts to recover after two days of crashes

Buenos Aires - Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous two days.

NYSE joins forces with Starbucks on bitcoin platform

New York - The New York Stock Exchange's parent company announced plans on Friday to launch a bitcoin trading platform and partner with Starbucks on a digital currency payment app.

Looking at the bigger picture of Facebook's stock plunge

On Thursday, Facebook experienced a 19 per cent decrease in shares, causing alarm bells nationally and internationally. Despite the significant drop, experts urge the public to look at the whole picture.

Defusing row, OPEC agrees to output rise

Vienna - OPEC energy ministers on Friday said they would be putting more oil onto the market to meet "extra demand", reaching a last-ditch compromise in a spat that pitted Saudi Arabia against archfoe Iran.

Argentina stock market plunges 8.33 percent

Buenos Aires - The Buenos Aires stock exchange plummeted more than 8.0 percent Monday, pulled down by sharp declines in energy and bank shares amid market volatility as Argentina seeks support from the IMF.The Merval Index dropped 8.

Stocks slide as Wall Street fears worsening US-China trade spat

New York - Wall Street was sharply lower at the open on Monday as the spiraling trade dispute between Beijing and Washington weighed on global stocks.

Netflix market value reaches $150 billion, exceeds Comcast

On Thursday, May 24, the streaming service Netflix ruled the entertainment world. The market value of Netflix soared over $150 billion.

Syrians flock to pop-up Ghouta markets after years under siege

Duma - Ahead of the holy Muslim month of Ramadan, a market in Syria's ravaged Douma is drawing hundreds who can finally afford food, cleaning supplies, and toys after years of siege.

EU leaders worried about populism as Italy negotiates government

Florence - EU leaders expressed concern Friday about the rise of populism within the bloc, fuelled by the migrant crisis, as Italy came a step closer to forming its first anti-establishment government.

Markets 'overreacting' to trade war rhetoric: UN official

Geneva - Market gyrations in response to tariff threats from political leaders show that financial traders do not grasp the intricacies of global trade, a senior UN official said Wednesday.

Spotify is going public at a terrible time for tech stocks

Spotify is set to go public Tuesday — a terrible time for tech stocks following Facebook's data fiasco. Even Apple, Spotify's biggest competitor in streaming music, isn't immune to the drag.

Fire guts textile market in Haitian capital

Port-au-prince - A fire gutted a textiles market in Haiti's capital on Sunday, less than a week after a blaze partially destroyed a historic market, underscoring authorities' failure to ensure public safety.

Haiti merchants fear for livelihood after market blaze

Port-au-prince - Fire ravaged a historic market in the Haitian capital early Tuesday, leaving burned-out merchants fearing for their livelihoods in the impoverished nation.

S. Korea govt sends bitcoin on rollercoaster ride

Seoul - Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the government said it was planning to ban cryptocurrency exchanges, before later backtracking.
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An indoor market at the Olympia horse show  London.
An indoor market at the Olympia horse show, London.
A chicken market in Xining  China.
A chicken market in Xining, China.
M M (Padmanaba01)
Saint Albans Market
Saint Albans Market
Untitled
Nasdaq
A road side market on the last day of Ramadan in Lagos.
A road side market on the last day of Ramadan in Lagos.
People mingle and begin their Christmas shopping in Covent Garden  London.
People mingle and begin their Christmas shopping in Covent Garden, London.
A vegetable market
A vegetable market
Calliope
The open-air gypsy market for fresh vegetables
The open-air gypsy market for fresh vegetables
Groupon Events
Groupon Events
Groupon, Inc.
Christmas market in the city of York
Christmas market in the city of York
Capucins Market  Marseille France
Capucins Market, Marseille France
Popular Saturday market in Chania where the Cretans go shopping.
Popular Saturday market in Chania where the Cretans go shopping.
Crowds wander  food stalls to be seen  and the spectacular cathedral provides a splendid backdrop.
Crowds wander, food stalls to be seen, and the spectacular cathedral provides a splendid backdrop.
People wandering through the St. Albans Christmas market  looking for colorful gifts or good food.
People wandering through the St. Albans Christmas market, looking for colorful gifts or good food.
Market in Mindelo  São Vicente  Cabo Verde
Market in Mindelo, São Vicente, Cabo Verde
Hug Cirici
The markets will be closed in Bali for Nyepi Day
The markets will be closed in Bali for Nyepi Day
A city street in Lyon  with a small market  decorated for the winter season.
A city street in Lyon, with a small market, decorated for the winter season.
Canberra: Bus Depot Markets.
Canberra: Bus Depot Markets.
Stephan Ridgway
Warted pumpkins for sale at Battlefield Produce Market.  Avoca  Ark.
Warted pumpkins for sale at Battlefield Produce Market. Avoca, Ark.
A bratwurst stall at the St. Albans Christmas market. Bratwurst is a type of German sausage made fro...
A bratwurst stall at the St. Albans Christmas market. Bratwurst is a type of German sausage made from veal, pork or beef. The name is derived from the Old High German Brätwurst, from brät-, finely chopped meat, and Wurst, sausage.

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