Monday 23 December 2024
 
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Wall Street

Asian stocks tumble amid global sell-off

Asian shares tumbled in Tuesday morning trade, as US stocks suffered their worst falls in more than six years on Monday in a sell-off sparked by concerns of higher interest rates, media reports said. Hong Kong's Hang Seng Inde

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Trumponomics, Opec remain key commodity drivers

The Bloomberg Commodity Index is currently up 12 per cent in 2016 and it remains on track to record its first year of gains since 2010. All sectors apart from agriculture are showing gains of more than 10 per cent with industrial metals on top h

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Wall Street stays on record-setting run

Upbeat company earnings lifted US and European stock prices on Wednesday, with the Dow and S&P 500 setting record highs, while the dollar reached a four-month peak on bets the US Federal Reserve may raise interest rates by year-end.

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Asian equities rally as Wall Street hits record high

Asian stocks rose to a 2-1/2-month peak on Tuesday, a day after Wall Street shares hit a record high thanks to a combination of upbeat US data and expectations of more stimulus from global policymakers. MSCI's broadest index o

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World stocks up, Wall St drops ahead of jobs report

World stocks broadly climbed as riskier assets like equities received a bump from positive US data, though US equities and long-dated Treasury yields fell along with oil prices amid investor caution ahead of Friday's non-farm payrolls report

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Heavy trading predicted around Brexit vote

US stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union. The June 23 vote could have big implications for the global e

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US employment gains hit seven-month low

The US economy added the fewest number of jobs in seven months in April and Americans dropped out of the labour force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the ye

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Enoc, Wall Street in card payment agreement

Emirates National Oil Company (ENOC) said it has signed an agreement with Wall Street Exchange to make it easy for cardholders to settle their bill payments in over 150 petrol and Zoom outlets round-the-clock through its new service.

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Enoc, Wall Street in card payment agreement

Emirates National Oil Company (ENOC) said it has signed an agreement with Wall Street Exchange to make it easy for cardholders to settle their bill payments in over 150 petrol and Zoom outlets round-the-clock through its new service.

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Asia hits 4-month high over Wall St gains

Asian shares edged up to a four-month high on Thursday, taking cues from Wall Street gains overnight, as receding worries of near-term US interest rate hikes continued to buoy risk sentiment. The dollar hovered near seven-week low

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