Asian stocks opened higher Friday as a planned meeting between Donald Trump and Xi Jinping eased nerves around trade tensions. Oil prices edged lower ahead of US inflation data. An MSCI gauge of Asian shares was up around 0.3% at the open, following a move higher on Wall Street on Thursday. Shares in Intel Corp…
The dollar drifted higher against its major peers on Thursday as traders waited on the delayed release of U.S. consumer inflation data on Friday, while digesting tariff threats between Washington and Beijing. The yen weakened to a one-week low against the dollar as the market awaited details of a big stimulus package from new Prime…
Asian stocks opened lower following a volatile session on Wall Street that saw broad losses across equities and haven assets. Equity benchmarks in Japan and South Korea fell more than 1% in early Asian trading. The Nasdaq 100 lost 1% after a tepid outlook from Texas Instruments Inc. and a 10% slump in Netflix Inc….
European shares closed higher on Monday, as initial concerns over the stability of the U.S. banking sector eased, while fresh comments from U.S. President Donald Trump helped calm trade tensions, encouraging investors to move toward riskier assets. The continent-wide STOXX 600 index jumped back from its nearly 1% decline on Friday, marking its biggest one-day…
China’s consumer prices fell in September while producer deflation persisted, as prolonged domestic weakness and renewed trade tensions weighed on consumer and business confidence. The consumer price index (CPI) dipped 0.3% last month from a year earlier, National Bureau of Statistics data showed on Wednesday, versus a 0.2% fall in a Reuters poll of economists….
SINGAPORE -Oil prices clawed back some gains on Monday after hitting five-month lows in the previous session as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world’s two largest economies and oil consumers. Brent crude futures rose 87 cents, or 1.39%, to $63.60 a barrel…