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Banking 04 Dec 2015 | 12:54 AM

Asian shares join a slump in global markets on Friday)(Update)

TOKYO/SINGAPORE: Asian shares joined a slump in global markets on Friday after the European Central Bank's stimulus package fell well short of markets' high expectations, sending the euro rocketing on its way to its biggest one-day surge in nearly seven years.

Business 07 May 2019 | 12:00 AM

With two tweets, Trump shatters historic calm in global markets

Singapore: In the end, all it took was two tweets from Donald Trump.

Economy 05 Oct 2018 | 7:32 AM

Rising US bond yields hit global markets, Asian stocks wobble

TOKYO: Asian shares wobbled on Friday after benchmark U.S. Treasury yields surged to a fresh seven-year high and strong economic data fanned concerns about the risk of faster-than-expected interest rate rises.

Business 31 Oct 2016 | 9:17 AM

KLCI rises 2.19 points as risk aversion returns to global markets

KUALA LUMPUR: The FBM KLCI eked out a marginal gain of 2.19 points at closing time despite negative sentiment returning to global markets, namely due to the FBI's renewed probe into Hillary Clinton's emails as well as the breakdown in negotiations among the members of the Organisation of Petroleum Exporting Countries (OPEC).

Business 06 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Euro slips on Spain warning, stocks gain(update)

NEW YORK: The euro fell and German bond prices gained o n Tuesday as the euro zone's debt crisis showed signs of escalating after Spain said it was being shut out of credit markets.

Business 08 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Stocks rise, gold falls, Facebook compensation blasted(update)

NEW YORK: Global stocks rose on Thursday after China unexpectedly cut interest rates to shore up growth, but optimism was tempered by Federal Reserve Chairman Ben Bernanke, who disappointed investors looking for further stimulus for the U.S. economy.

Business 03 Aug 2012 | 12:00 AM

GLOBAL MARKETS-Stocks, euro tumble as ECB disappoints markets

NEW YORK: Global stocks and the euro tumbled o n T hursday after the European Central Bank disappointed investors who were hoping for immediate action to combat the euro zone debt crisis

Business 13 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Cheap stocks stoke buying, Spain yields hit record(update)

NEW YORK: Stocks on world markets rose on Tuesday as battered shares attracted traders and the euro rose after three days of losses, but the euro's gains were capped record-high yields of Spanish bonds on continued worries about the effectiveness of Madrid's bank bailout and the looming Greek elections.

Business 08 Aug 2012 | 12:00 AM

GLOBAL MARKETS-Shares at 3-month high, oil rises on policy hopes

NEW YORK: World stocks rose to a three-month high and oil prices jumped on Tuesday as investors bet that policymakers would do more to resolve the euro zone debt crisis and underpin the U.S. economy.

Business 31 May 2012 | 12:00 AM

Global markets - Euro fears spur fresh demand for safe assets

LONDON: Demand for safe-haven assets kept German and U.S. Treasury debt yields near record lows on Thursday, as worries over Spain and its troubled banks kept markets nervous, although shares and the euro regained some stability.