Asian shares fall as Sino-U.S. trade spat intensifies
TOKYO (Reuters) – Asian shares retreated on Monday after U.S. President Donald Trump cranked up trade tensions with China by going ahead with tariffs on Chinese imports, prompting Beijing to…
International fund managers turn to financials, tech as trade worries rise
NEW YORK (Reuters) – The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners. FILE PHOTO:…
S&P inches higher as ECB signals gradual rate hikes
(Reuters) – U.S. stocks ticked higher on Thursday, after the European Central Bank signaled that any interest rate hike was still far away, even as it moved to end its…
Wall Street edges higher; Fed in focus
(Reuters) – Wall Street’s main indexes posted small gains on Tuesday as bank shares gained in anticipation of an interest rate hike by the Federal Reserve at its two-day policy…
iPhone worries weigh on Wall Street
(Reuters) – U.S. stock indexes were lower on Friday as shares of Apple and its suppliers fell, following a report that the iPhone maker was planning to produce fewer phones…
Tech rally loses steam, McDonald’s pushes Dow higher
(Reuters) – A rally in technology stocks came to a halt on Thursday, setting up the Nasdaq for its first loss in five days, while a jump in McDonald’s shares…
Sharp to buy Toshiba PC business, issue $1.8 billion in new shares
TOKYO (Reuters) – Japan’s Sharp Corp (6753.T) said it will buy Toshiba Corp’s (6502.T) personal computer business and issue $1.8 billion in new shares to buy back preferred stock from…
Tech leads Wall Street’s advance after strong jobs data
(Reuters) – Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the U.S. economy and geopolitical tensions eased. Technology stocks led the rally,…
Wall Street bounces back after selloff driven by Italy turmoil
(Reuters) – Wall Street rose on Wednesday, with gains in energy and banking stocks fueling the recovery from a steep selloff driven by Italy’s political crisis. FILE PHOTO: Traders work…
Shares fall on Italian turmoil, euro near 6-1/2 month lows
SYDNEY (Reuters) – Asian shares fell on Tuesday and the euro hovered near 6-1/2 month lows as early elections loomed in Italy, but a revival in diplomatic talks with North…