Markets News
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By AFP
Fpo -
Asian markets fell deep into negative territory Friday following painfully deep losses on Wall Street, where the tech sector finally succumbed to profit-taking after months of mind-boggling gains.
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By AFP
New York -
Wall Street flexed its muscles on Friday, with the Dow erasing its losses for the year and the S&P and Nasdaq again hitting records as investors shrugged off the ongoing coronavirus crisis, while markets elsewhere saw more moderate trading.
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By AFP
Paris -
The record highs attained by Wall Street last week might come as welcome news for US President Donald Trump.
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By AFP
Fpo -
Asian markets fluctuated Monday as investors kept a nervous eye on a spike in virus infections around the world, while Europe pressed ahead with the easing of lockdown measures.
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By AFP
New York -
Global stock markets were firmer Monday, with Wall Street reversing opening losses and shrugging off unrest in many American cities following anti-racism protests and worsening US-China tensions.
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By AFP
Santiago -
Shares in Latin America's largest airline plunged 35 percent on the Santiago stock exchange on Tuesday after LATAM filed for bankruptcy in the US.
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By AFP
Fpo -
Stock markets suffered steep losses Monday, tracking a selloff in New York after Donald Trump sparked fears of a renewed trade war with China over its role in the coronavirus pandemic.
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By AFP
New York -
London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade.
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By AFP
Fpo -
Oil prices rose Friday as massive output cuts began to kick in and top producers said they would turn the taps lower, while there were also hopes for a pick-up in demand as economies slowly reopen.
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By AFP
New York -
Stock markets struggled on Friday as hopes of quickly finding a treatment for coronavirus were dashed, and more crushing economic data delivered a body blow to confidence.
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By AFP
New York -
Beaten-down US oil prices rallied Wednesday following dramatic declines earlier this week, lifting global equities, even as American crude inventories surged closer to capacity levels.
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By AFP
London -
US oil prices dived to 34-year lows at $10 Monday after crashing more than 45 percent in a market flooded with crude as demand evaporates in the face of the coronavirus pandemic.
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The virtual meeting between OPEC and its allies scheduled for Monday has been postponed, with the delay likely to hit oil prices next week following a record-setting comeback last week for crude.
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By AFP
New York -
The price of crude oil surged again Friday after OPEC said it would talk to non-members, notably Russia, giving investors hope for an end to a price war which has created market chaos along with crushed demand because of the coronavirus.
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By AFP
London -
Stocks rebounded Tuesday following Wall Street's sharpest daily drop in more than three decades as the United States took steps to try to deal with the economic fallout from the coronavirus.
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By AFP
London -
A rebound in European and US stocks on hopes Washington would agree on new stimulus measures fizzled Friday as traders closed out a week of carnage over fears the coronavirus pandemic will trigger a global recession.While the Dow shot 5.
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By AFP
Apo -
Asian markets opened in freefall on Friday, extending a global rout that saw bourses experience their worst day in decades on fears of a recession caused by the coronavirus pandemic.
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By AFP
London -
Equity markets plunged Thursday, with some recording their worst day in decades, after the US banned travel from Europe and the ECB failed to stem the selling tide.The oil price also fell sharply as the move ramped up fears of a worldwide recession.
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By AFP
London -
Global stock markets and oil prices plunged Thursday after President Donald Trump banned all travel from mainland Europe to the United States for a month to fight the coronavirus pandemic, ramping up fears of worldwide recession.
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By AFP
New York -
Wall Street stocks finished a roller-coaster session sharply higher Tuesday as oil prices bounced while the Trump administration continued to promise relief measures to offset the economic hit from coronavirus.
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By AFP
S -
Brazil's Sao Paulo exchange plummeted more than 12 percent Monday as global markets recoiled from the coronavirus epidemic and a deep plunge in oil prices.
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By AFP
Apo -
Saudi Arabia sent energy markets into a tailspin Monday after slashing crude prices, a risky gambit to sideline competitors including Russia that will test the fortunes of Crown Prince Mohammed bin Salman.
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By AFP
London -
World oil prices crashed Monday, fuelling a vicious selloff on stock markets -- which were already buckling under intense pressure over the spreading deadly coronavirus.
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By AFP
New York -
European and US stock markets slumped painfully again Thursday as new coronavirus infections spread outside China, exacerbating fears of a global slowdown.While the markets in Shanghai and Hong Kong closed higher, Europe and New York saw a sea of red.
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The coronavirus is beginning to affect global supply chains and the signs are that more businesses are being affected, not least because the global supply chain has become so intertwined and China's role is crucial. A leading expert provides analysis.
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Alphabet's shares have slipped lower following Google's parent company revealing its fourth quarter earnings report. The financial figures indicate mixed results from some of its key properties. Haris Anwar looks into what's behind the figures.
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By AFP
Fpo -
Asian markets rose early Thursday as details were released of the China-US trade deal signed in Washington, with analysts saying it would allow investors to turn their focus to the global outlook and earnings season.
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By AFP
London -
Global oil prices plunged Wednesday, totally reversing a earlier needle-thin spike that followed Iranian missile attacks on US targets in Iraq.
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By AFP
Fpo -
Oil prices soared more than four percent Friday following news that the US had killed a top Iranian general, fanning fresh fears of a conflict in the crude-rich region, with Tehran warning of retaliation.
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By AFP
Coaraci -
With an attentive eye, Henrique Almeida watches a technician carefully open a hundred cocoa pods, while another worker on the plantation collects samples in bags to check whether the batch conforms to the "South Bahia" geographical indication.
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