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Asian stocks plunge with Wall St as tech surge halted

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.

Dow erases 2020 losses as US stocks charge upwards

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.

It's not the economy, stupid: stock markets soar to record highs

Paris - The record highs attained by Wall Street last week might come as welcome news for US President Donald Trump.

Asian markets swing as new virus cases temper reopening hopes

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.

Global stocks rise despite protests, US-China tensions

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.

Shares in Latin America's biggest airline drop 35% after bankruptcy filing

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.

Equities tumble as Trump revives trade war fears

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.

Stock markets rattled by Trump's China virus claims

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.

Crude extends rally as output cuts begin

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.

Stock markets struggle as antiviral drug hopes fade

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.

Oil rockets higher, boosting global equities

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.

Oil collapses to $10 as world awash with crude

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.

As oil prices plummet, Monday's OPEC meeting delayed

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.

Oil price barrels ahead as OPEC flags meeting

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.

Stocks rebound as US makes economic moves against virus

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.

Stocks and oil comeback rally fizzles

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.

Asian stocks nosedive, extending global rout on recession fears

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.

Stocks see worst slump in decades as Trump ban bites

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.

Stocks, oil plunge as Trump travel ban fans recession fears

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.

US stocks rise after volatile session as oil prices bounce

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.

Sao Paulo exchange plummets more than 12%

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.

Oil crash: Saudi Arabia's risky price war

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.

Oil crash sparks 'Black Monday' meltdown on virus-hit markets

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.

US, European stocks plunge, extending rout amid virus fears

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.

How the coronavius is disrupting global supply chains Special

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.

Alphabet earnings: A mixed bag Special

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.

Asian markets rise as China, US finally put pen to paper on deal

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.

Oil markets unfazed by Iranian strikes on US targets

London - Global oil prices plunged Wednesday, totally reversing a earlier needle-thin spike that followed Iranian missile attacks on US targets in Iraq.

Oil prices soar as US kills top Iranian general, fans war fears

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.

Brazil cocoa follows in footsteps of famed wines, boosting prices

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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