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Markets News

Sterling sinks as Merkel downbeat on Brexit deal outlook

London - The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal was "overwhelmingly unlikely", further stoking fears of a disorderly and costly departure from the EU.

Hong Kong stocks dive as protests rumble and China anger builds

Fpo - Hong Kong stocks tumbled Tuesday as protests that have jolted the city for more than two months fuel political and economic uncertainty, with China's growing frustration leading to worries it will take a tougher line with the standoff.

Global stocks tumble on tariff moves as Chinese yuan sinks

London - World stock markets plunged Monday after the Chinese yuan fell sharply in what analysts said was Beijing's riposte to US President Donald Trump vowing to impose fresh tariffs on Chinese goods in the latest trade war flare-up.

Asia markets down after mixed messages from Fed

Fpo - Asian markets fell on Thursday, tracking losses on Wall Street, after the US Federal Reserve cut rates for the first time in more than a decade but failed to offer a clear signal on future easing.

Q&A: Why AI is booming, but failing marketers Special

Many enterprises are relying upon the generic website, email or sales funnel for every single B2B interaction, where they could be harnessing the potential that AI solutions hold. David Brutman of Folloze outlines how.

Oil jumps 6% on Trump threat after Iran downs spy drone

London - World oil prices spiked more than six percent Thursday on President Donald Trump warning Iran made "a very big mistake" after it boasted of downing a US spy drone.

Cocoa prices soar as ICoast, Ghana threaten supply cut

London - Cocoa prices rose sharply on Wednesday after key producers Ivory Coast and Ghana threatened to stop selling their production to buyers unwilling to meet a minimum price.

Asian markets tick up after Trump tweets but uncertainty remains

Fpo - A series of tweets by Donald Trump playing up the chances of a trade deal with China provided a much-needed boost to Asian equities Wednesday but investors trod cautiously as analysts warned of more volatility to come.

Stock markets attempt rebound as trade war flares

London - Stock markets on both sides of the Atlantic staged a fightback Tuesday, paring heavy losses sparked by a raging US-China trade war over the past week.World oil prices bobbed higher on concerns about tensions in the crude-rich Middle East, dealers said....

Stocks rise after solid economic data, earnings

New York - Global stock markets rose Tuesday following good economic data out of Germany and Britain and generally solid US corporate earnings. European bourses pushed higher, with Frankfurt adding 0.7 percent.

Global stocks rally on trade deal optimism as pound falls again

New York - Global stocks rallied Friday on optimism over US-China trade talks, while the pound fell further as Britain veered closer to a potential "no deal" Brexit.

LoseTheAgent assists independent home seller to capitalize Special

To start 2019, a new home for the new year is likely topping many revelers’ resolutions. This is a complex process. However, the company LoseTheAgent - a free peer to peer real estate platform - offers some solutions.

Stock markets tumble as growth fears trigger fresh downturn

Paris - Stock markets went back into selloff mode on Thursday as fears over the world's economic outlook undermined any lingering investor hopes of finishing 2018 with gains.

US Treasury chief to confer with top market regulators

Washington - US Treasury Secretary Steven Mnuchin is to hold a telephone conference on Monday with top market regulators, after the Dow and the Nasdaq suffered their worst week since 2008.

U.S. interest rate movement is following the market

The Federal Reserve has raised interest rates for the fourth time this year. However, this is in response to market conditions, according to Peter Kendall and Steven Hochberg from Elliott Wave International.

Oil price skids on oversupply fears and weak world economy

London - World oil prices tumbled Tuesday to strike their lowest levels in more than a year, hit by fears over the outlook for the global economy and doubts over producers' resolve to cut output.

Markets tumble as Huawei arrest rekindles US-China trade fears

London - World markets slumped Thursday as the arrest of a top executive at Chinese telecoms giant Huawei raised doubts over the recent trade truce agreed by US President Donald Trump and Chinese counterpart Xi Jinping.

Oil's plunge knocks wind out of Wall Street

New York - Plunging oil prices and a weakened Boeing knocked the wind of out Wall Street on Tuesday, ending hopes of a quick rebound from Monday's sell-off.

Stock losses muted in Asia after global rout

Apo - Some Asian stock markets opened in the red Friday, but losses were relatively muted as traders took a breather after a global rout sparked by fears over higher US interest rates.

'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.

Asian markets cautious after US volatility

Fpo - Asian stocks began Wednesday mixed after a volatile session for US equities and as yields on Treasury bonds retreated from a seven-year peak.

Tackling counterfeit goods through blockchain: Q&A Special

Counterfeit goods, especially for luxury brands, are unknowingly purchased by consumers in high volumes. In terms of a solution, a new company, Bonafi, has created a way to protect consumers by using blockchain.

Shanghai, Hong Kong stocks plunge on trade war fears

Shanghai - Shanghai and Hong Kong stocks plunge on Tuesday on investors' fears that the US and China could be heading for a full-blown trade war following tit-for-tat tariff threats.

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.

Wall Street heads south as Trump bashes China and oil prices flare

Washington - Newly inflamed trade war fears and disappointing earnings sent US stocks lower on Thursday, running counter to gains made in European equities.

Global stocks calm in hopes of US-China trade deal

New York - World markets were mostly firmer Monday as fears about a China-US trade war were tempered by hopes the two sides will be able to come to an understanding.

Interview: Blockchain transforms distribution in emerging markets Special

Hong Kong - OpenPort is a Hong-Kong based digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets. To discover the advantages of this technology, Digital Journal spoke with CEO Max Ward.

Tesla's Model 3 production is reportedly nowhere near its target

As the first quarter draws to a close, numerous Tesla watchers are trying to figure out how many Model 3 vehicles the company is making.

Stocks up as markets steel themselves for tariff decision

London - Global stocks pushed higher on Thursday following signals from the White House that US President Donald Trump may tone down his tariff plans.

Brexit uncertainty for pharmaceutical companies

Of the different sectors of the British economy affected by the U.K.’s impending exit from the European Union, the pharmaceutical sector is one of the most significant. This relates to the value of the market and the regulatory impact.
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