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Market News

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.

In rubble of Aleppo souk, tablecloth shop makes solitary comeback

Aleppo - It used to be one of the most vibrant marketplaces in the Syrian city of Aleppo, but today, the bombed-out streets of Khan al-Harir are home to a solitary shop selling tablecloths.

Bitcoin makes muted stock exchange debut at $15,000

New York - Cryptocurrency Bitcoin made its debut on a major bourse Sunday, opening at $15,000 per unit at the Chicago board options exchange.

Bitcoin futures launch sparks excitement, warnings

New York - Bitcoin will make its debut on a major exchange Sunday, a landmark for the cryptocurrency that has generated enthusiasm among some investors and more than a little anxiety from others.

Bitcoin hits new records, heads for $10,000 as bubble fears grow

Singapore - Bitcoin soared to fresh records Tuesday, putting it on course for $10,000, but the virtual currency's stratospheric rise has fuelled fears of a bubble after a 10-fold increase this year.

Equifax is getting crushed

Equifax has already plunged 18 percent since it announced last week that hackers may have the personal details of nearly half the US population. Options traders are betting that this is only the start.

Cisco's revenue declined for seven quarters — is it rebound time?

Cisco posted a seventh consecutive quarter of declining revenue this week, but many analysts are looking past the the losing streak and pointing to the first signs of a comeback.

Tears and unity as terror-hit London market reopens

London - As London's terror-hit Borough Market reopened Wednesday, a local poet's words echoed around: "Let them, the traders, appeal to your tastes, there is much to be gained from the wonderment of this place.

OPEC oil squeeze to remain, but will it lift prices?

Vienna - Oil producers within and outside OPEC are expected Thursday to extend a deal cutting output aimed at lifting the price of crude, but US rivals could spoil the party.

New York fines BNP Paribas $350 mn over fake currency trading

New York - New York state bank regulators fined BNP Paribas $350 million for "illegal, unsafe and unsound" currency trading practices that included use of secret hand signals to dupe customers, officials announced Wednesday.

The Fed touched on a big debate about the post-election economy

In their March meeting minutes, the Federal Open Market Committee indirectly touched on the "hard data versus soft data" debate that's been filtering through the economics blogosphere.

The illegal deliveryman who became one of China's richest men

Bejing - From making illegal cross-border deliveries to China in a minivan to buying a fleet of Boeing aircraft, the boss of SF Express has ridden a wave of online shopping to become one of the country's richest men.

Le Pen win is Europe's biggest risk: Credit Suisse

Zurich - France's Marine Le Pen is the biggest risk to European stability, Credit Suisse said in a guide launched Thursday to help investors navigate the upcoming "defining" months facing the continent.

World's largest wealth fund gains 50 bln euros in 2016

Oslo - Norway's sovereign wealth fund, the world's largest, notched up huge gains in 2016, as it reaped the benefits of a global stock market rally following the election of US President Donald Trump, the Norwegian central bank said Tuesday.

Toll from Pakistan market bombing rises to 24: officials

Peshawar - The death toll from a bomb blast at a market in a mainly Shiite area of Pakistan's northwestern tribal belt has risen to 24, officials said Sunday.

Toll from Pakistan market bombing rises to 24: officials

Peshawar - The death toll from a bomb blast at a market in a mainly Shiite area of Pakistan's northwestern tribal belt has risen to 24, officials said Sunday.

Toll from Pakistan market bombing rises to 24: officials

Peshawar - The death toll from a bomb blast at a market in a mainly Shiite area of Pakistan's northwestern tribal belt has risen to 24, officials said Sunday.

Pakistan market bomb kills 20, wounds 40: officials

Peshawar - A bomb exploded at a market on Saturday in a mainly Shiite area of Pakistan's northwestern tribal 20belt, killing at least 20 people and wounding 40 others, officials said.

Suspects arrested in Tunisia not linked to Berlin attack

Tunis - The nephew of the prime suspect in last month's Berlin market attack and three others arrested in Tunisia were not linked to the carnage, a prosecution spokesman said Saturday.

App to send alerts when Donald Trump tweets about stocks you own

When President-elect Donald Trump tweets about a public company, the market listens. And if you hold the stock of one of the companies that has come into Trump's crosshairs, finance app Trigger thinks you'll want to know about it.

Gun used by Amri matches Berlin Christmas attack weapon

Rome - Tunisian suspect Anis Amri smuggled the weapon used in the Berlin Christmas market attack across borders to Italy and used it in the shoot-out in which he was killed, Italian police said Wednesday.

Man wrongly arrested for Berlin attack fears for family: report

London - The Pakistani man wrongly arrested for the Berlin truck attack on Friday said he had told German police he could not even drive and was now afraid for the safety of his family back home.

Germany frees only suspect in Christmas market attack

Berlin - German police Thursday freed a Tunisian man initially believed to be an accomplice in the Christmas market attack, as details emerged of how security services underestimated the threat posed by suspected jihadist killer Anis Amri.

German anti-terror services 'ranked Amri a low threat'

Berlin - German anti-terrorism experts believed Berlin truck attack suspect Anis Amri was unlikely to commit an assault, even though he was a known Islamist who had volunteered for a suicide attack, a report said Thursday.

Berlin truck attack: what we know, open questions

Berlin - Tunisian Anis Amri, 24, is the suspected jihadist attacker who on December 19 ploughed a hijacked truck into a Berlin Christmas market, killing 12 people including the Polish lorry driver.

Berlin attacker took bus from Netherlands to France

Paris - Suspected Berlin truck attacker Anis Amri travelled by bus from the Netherlands to France before heading to Italy where police shot him dead, sources close to the investigation said Wednesday.
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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.
Capucins Market  Marseille France
Capucins Market, Marseille France
Wrap up warm! Crowds wandering through the various stalls at the St. Albans Christmas market.
Wrap up warm! Crowds wandering through the various stalls at the St. Albans Christmas market.
The lower floor of the festive market.
The lower floor of the festive market.
A folk musician entertains a man and his child with some Christmas tunes at the St. Albans Christmas...
A folk musician entertains a man and his child with some Christmas tunes at the St. Albans Christmas market.
Saint Albans Market
Saint Albans Market
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.
A boy minds the loom at a roadside market on top of Castle Hill
A boy minds the loom at a roadside market on top of Castle Hill
Bangui in better times.
Bangui in better times.
Wikipedia
Glass blowers demonstrate their craft
Glass blowers demonstrate their craft
The open-air gypsy market for fresh vegetables
The open-air gypsy market for fresh vegetables
Market in Mindelo  São Vicente  Cabo Verde
Market in Mindelo, São Vicente, Cabo Verde
Hug Cirici
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.
Saint Albans Cathedral
Saint Albans Cathedral
The markets will be closed in Bali for Nyepi Day
The markets will be closed in Bali for Nyepi Day
Among the farmers who sell their local produce  some have specialized in organic vegetables. The sig...
Among the farmers who sell their local produce, some have specialized in organic vegetables. The sign top left announces that.
A road side market on the last day of Ramadan in Lagos.
A road side market on the last day of Ramadan in Lagos.
Canberra: Bus Depot Markets.
Canberra: Bus Depot Markets.
Stephan Ridgway
A packed crowd wander through the St. Albans Christmas market  buying unusual crafts.
A packed crowd wander through the St. Albans Christmas market, buying unusual crafts.
A chicken market in Xining  China.
A chicken market in Xining, China.
M M (Padmanaba01)

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