European equities closed slightly lower on Tuesday as investors kept an eye on earnings, oil and Greece.» Read More
BEIJING— Employees of one of China's biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price boom. China's main stock market index has fallen more than 40 percent since early June.
TOKYO— Shares fell Wednesday in Europe and Asian markets were mixed as an initial burst of euphoria over an interest rate cut by China the day before succumbed to lingering worries over longer-term problems with its economy. Germany's DAX dropped 1.2 percent to 10,008.51, Britain's FTSE 100 slipped 1.4 percent to 5,997.09 and the CAC40 in France shed 1.3...
For most of the day, it appeared that the market had shaken off some of its worries about the slowdown in China, and at one point the Dow was up by as much as 441. But then sell orders began pouring in in the last 15 minutes of trading. The rally came after China lowered interest rates to try to boost the world's second-biggest economy. "The return to a more traditional...
European equities closed mostly higher on Wednesday as investors reacted to a slew of earnings reports and data, as the euro rallied against the dollar.
French bank Societe Generale reported a hike in its first-quarter net income thanks to a smaller hit from its struggling Russian unit.
The dollar fell for a second straight day against major currencies, pressured by weak US economic data as the Fed started a two-day policy meeting.
WASHINGTON, March 12- Commerzbank AG has agreed to pay U.S. authorities $1.45 billion to resolve sanctions violations, the latest big European bank to acknowledge moving funds through the U.S. financial system for countries like Iran and Sudan. Commerzbank is the latest in a series of big foreign banks that have been penalized for sanctions-related...
European shares finished higher with investors reacting to a slew of earnings and ongoing negotiations surrounding Greece's bailout program.
Credit Agricole has given itself until the end of next week to decide on a new CEO, the French bank said.
With Russia's emergency rate hike failing to arrest the ruble's meltdown, authorities may soon be forced to roll out capital controls, say analysts.
European shares closed mixed, as sentiment was boosted by speculation of more credit easing in the euro zone and positive data from Germany.
Dariusz Kowalczyk, Senior Economist & Strategist at Credit Agricole, says the HK-Shanghai trade link will fuel a rise in China's capital inflows, underpinning strength in the renminbi.
European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.
French President Francois Hollande suggested he will not stand for re-election if the country's unemployment rate remains high.
European shares closed mixed on Thursday, after ECB President Mario Draghi hinted as to the possibility of further aggressive stimulus measures.
Societe Generale highlights results in a "difficult environment" while rival Credit Agricole criticizes "lack of coherence."
Europe shares ended the day higher after the Bank of England outlined tougher leverage rules for banks and the Bank of Japan upped stimulus measures.
Exports are regarded as the bright spot in China's slowing economy, but growing evidence suggests firms are "over-invoicing" outbound shipments.
China's third quarter gross domestic product report delivered an upside surprise, helping calm investor nerves over the faltering global recovery.
Market volatility may look scary and safe-haven Treasurys may be rallying, but investors shouldn't chase them higher, analysts said.