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Stocks News

Nintendo soars more than 16%, extends Pokemon game rally

Toukyo - Nintendo skyrocketed in Tokyo on Thursday as its new smartphone game Pokemon Go picks up legions of fans globally, and investors cheer the firm's move into mobile gaming.

Asia markets extend gains but Britain EU vote shreds nerves

Hong Kong - Asian markets edged up Tuesday but dealers remained cautious as the optimism over Britain's EU membership that drove a global rally faded, with the knife-edge referendum just days away.

Fuel-cheating scandal wipes $2.5 bn off Mitsubishi stock

Toukyo - Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.

Fuel-cheating scandal wipes $2.5 bn off Mitsubishi stock

Toukyo - Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.

Fuel-cheating scandal wipes $2.5 bn off Mitsubishi stock

Toukyo - Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.

Stock trading 101: Listening to the market

Late last year American DJ and composer, Jace Clayton, used an unconventional source for his musical inspiration: stock charts.

Asian share rally runs out of steam as oil falls again

Hong Kong - Asia's share rally stalled Tuesday, as a boost from Wall Street was overshadowed by renewed weakness in the price of oil.

At Syria stock exchange, investors dream of post-war rally

Damascus - Mohammed al-Harki is one of the few investors who bother to show up anymore at the Damascus stock exchange, waiting for a rally in share prices that have withered after nearly five years of war.

VW stocks close 4.32% down on widening pollution scandal

Berlin - Stocks in Volkswagen ends the week 4.32 percent down, as a scandal that erupted a week ago over devices fitted by the carmaker to cheat emissions tests widened with probes worldwide.The share closed at 107.

BMW shares down nearly 10% on report of excessive diesel emissions

Frankfurt - Shares in the top-of-the-range carmaker BMW fell nearly 10 percent on the Frankfurt stock exchange on Thursday on a newspaper report that one of its diesel models exceeded EU emission norms.

Volkswagen faces new probes into pollution cheating scandal

Frankfurt - Shares in Volkswagen plunged further on Tuesday as the German auto giant faced fast-spreading worldwide investigations and a potentially huge financial hit from the snowballing scandal about cheating US pollution tests.VW shares shed as much as 6.

German auto giant Volkswagen slams into huge false emission scam

Frankfurt - German auto giant Volkswagen's shares plummeted nearly 20 percent Monday as investigations spread into revelations that hundreds of thousands of its diesel cars have software that secretly thwarts US pollution tests.

Berlin orders 'extensive tests' on all Volkswagen diesel models 

Berlin - The German government has ordered extensive tests on all Volkswagen diesel models, Transport Minister Alexander Dobrindt told Bild on Monday, after it was revealed the company had programmed software to thwart US pollution control tests.

China, Britain to study London-Shanghai stock link: Osborne

Bejing - China and Britain will study linking the London and Shanghai stock markets, Britain's finance minister George Osborne said Monday despite weeks of plunging prices on the Asian exchange.

Shanghai sinks on weak data, Asia awaits Fed rate move

Hong Kong - Shanghai tumbled at the end of a volatile day of trade Monday following another round of disappointing Chinese data, while regional investors were moving cautiously ahead of a crucial US interest rate decision at the end of the week.

European stocks finish higher for third straight day

London - Europe's main stock markets extended their rally on Wednesday, finishing higher for a third straight day, with the FTSE 100 index climbing 1.35 percent to close at 6,229.01 points.In the eurozone, Frankfurt's DAX 30 gained 0.

European stocks jump at open

London - European equities climbed in opening deals on Wednesday in a global rally spurred by bumper gains in Tokyo.London's benchmark FTSE 100 index leapt 1.68 percent to 6,249.02 points in initial trade.In the eurozone, Frankfurt's DAX 30 soared 2.

Nikkei soars 7.71% in biggest one-day jump since 2008 financial crisis

Toukyo - Tokyo's benchmark index rocketed 7.71 percent on Wednesday, leading an Asian equities rally in its biggest one-day jump since late 2008 during the global financial crisis when markets were hit by wild volatility.

Asia markets attract confidence after global rally

Hong Kong - A wave of confidence swept through Asian markets Wednesday, led by a soaring Tokyo, and extending the previous day's broad global advance to raise hopes that recent China-fuelled losses may be coming to an end.

Asia markets broadly lower after China trade data

Hong Kong - Volatility returned to Asian markets on Tuesday after Chinese data showed imports and exports sank in August, adding to concerns about the economic giant that have convulsed global equities.

Asia markets on edge ahead of China data

Hong Kong - Shanghai led most Asian markets lower Monday as early gains were wiped out with dealers in a cautious mood after China revised down its 2014 growth figure and prepared to release more data that will give clues on the slowing economy.

Asia stocks down as U.S. jobs come into focus

Hong Kong - Japanese stocks led a broad Asian stock slide Friday as the yen advanced ahead of a key US jobs report later in the day and after the European Central Bank indicated it could expand its stimulus.

Asian stocks up for second day on U.S. growth

Hong Kong - Tokyo shares led Asian stock markets higher on Friday after a surprisingly upbeat US economic growth report buoyed investors following a prolonged rout driven by concerns over China's economy.

Shares chase Wall Street higher despite China fears

Hong Kong - European and Asians stock markets chased Wall Street higher Thursday after days of wild swings, but dealers warned that the spectre of the slowing Chinese economy means more turbulence ahead.

China police 'summon 11 over stock market activities'

Chinese police have summoned 11 people including a financial journalist to assist investigations related to illegal stock market activities, state media reported, as the government targets volatility on the exchanges.

Wall St rallies but markets still gripped by China fears

New York - US shares rallied strongly Wednesday after a top Federal Reserve official hinted the bank would not raise interest rates, but there was little sign that the global financial turbulence rooted in China's market meltdown was over.

Shanghai shares end down 1.27% despite rate cut

Shanghai - Shanghai stocks closed down 1.27 percent in volatile trading on Wednesday, extending days of falls despite a central bank interest rate cut aimed at boosting the flagging economy and slumping shares, dealers said.

Europe, US markets rally on China rate cut

London - European and US shares rebounded on bargain-hunting Tuesday as China cut interest rates after fears of a slowdown in the world's second-biggest economy sparked a "Black Monday" rout across global markets.

World equities swing as Shanghai plumbs new depths

Shanghai - Equity markets convulsed on Tuesday as Chinese stocks pursued their worst rout in nearly two decades, after concerns of a slowdown in the world's second-largest economy sparked panic selling around the globe.

Shanghai stocks slump, but Asian bourses bounce

Shanghai - Shanghai stocks tumbled on Tuesday, extending their steepest four-day rout in almost 20 years after worries about China's faltering economy sent world markets reeling, but other Asian stocks bounced back from heavy early losses.
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Hong Kong gave up early gains to close 0.45 percent lower in late trade on September 4  2015
Hong Kong gave up early gains to close 0.45 percent lower in late trade on September 4, 2015
Philippe Lopez, AFP/File
Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange
With the permission by Reuters / Brendan McDermid

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