World Markets Indexes

  • *The largest German lender's stock fell to a record low on Friday on news that a number of hedge funds had pulled out collateral as the bank faces a $14 billion demand from U.S. authorities for misselling mortgage-backed securities. *Oil prices fell 1.7 percent as investors cashed in on a two-day rally after OPEC members agreed to curb output to stabilize an...

  • Spot gold was up 0.48 percent to $1,326.41 an ounce partly because of the weaker dollar after the U.S. A report that a number of hedge funds had withdrawn excess cash from Deutsche Bank reinforced worries about Germany's biggest lender. "If there is a rush to safety, then gold is a top contender," said Hamza Khan, head of commodities strategy, at ING.

  • BUDAPEST, Sept 30- Central European assets declined on Friday due to concerns over Deutsche Bank, a fall of oil prices and a referendum in Hungary about the EU's migrant quotas due on Sunday. Prague's stock index led regional losses. It fell 1.5 percent by 0830 GMT, touching an 11- day low, driven by 5 percent fall of Moneta Bank and 2.1 percent decline of Erste Bank.

  • *Oil pulls back after Thursday gains on OPEC supply curb. LONDON, Sept 30- An eight percent slump in Deutsche Bank's already battered share price sent Europe into a fresh tailspin on Friday and left world equity markets sliding toward their worst week in three months. Germany's biggest lender, Deutsche, hit by a string of fines for wrongdoing and a sharp fall in its...

  • Sept 30- Hong Kong stocks fell the most in over two weeks on Friday, as global markets were knocked by worries about Deutsche Bank's financial health. Still, strong money inflows from mainland China saw the benchmark Hang Seng Index jump 12 percent in the July-September period, the best quarterly performance in seven years. Investors are now bracing for a week of...

  • LONDON, Sept 30- European shares fell sharply in early deals on Friday to touch their lowest level in eight weeks as fresh concerns over the stability of Deutsche Bank hit banking stocks. By 0723 GMT, the pan-European STOXX 600 index was down 1.6 percent, having touched its lowest level since early August, as the STOXX Europe Banks index fell 3 percent, the biggest...

  • *Japan shares see weekly, monthly losses, but rise over quarter. SINGAPORE, Sept 30- Asian stocks extended losses on Friday as worries about the health of Deutsche Bank weighed on financial shares and as oil prices inched back from near-one month highs on scepticism over OPEC's new plan to curb output. European markets are also poised for sharply lower starts, with...

  • SHANGHAI, Sept 30- China stocks were firm on Friday, with sentiment aided by signs of a nascent economic recovery, the yuan's imminent inclusion in the Special Drawing Rights basket, and expectations that short-term liquidity will improve after China's week-long National Day holiday. China's blue-chip CSI300 index rose 0.3 percent, to 3,254.55 points by...

  • "Probably the news on Deutsche Bank is spurring some buying," said Ronald Leung, chief dealer, Lee Cheong Gold Dealers in Hong Kong. "Gold might trade in the range of $1,310- $1,340 until China comes back from holidays," he added. China's markets will be closed starting on Oct. 1 for the National holidays and resume trading on Oct. 10.

  • *Japan shares see weekly, monthly losses, but rise over quarter. SINGAPORE, Sept 30- Asian stocks extended losses on Friday as worries about the health of Deutsche Bank weighed on financial shares and as oil prices inched back from near-one month highs on scepticism over OPEC's new plan to curb output. MSCI's broadest index of Asia-Pacific shares outside Japan...

  • TOKYO, Sept 30- Japan's Nikkei slipped on Friday after fears about the stability Deutsche Bank shook Wall Street and took a toll on financial shares, with the Japanese stock index on track for weekly and monthly losses. Wall Street indexes posted sharp declines on Thursday, with Deutsche Bank's U.S.-listed stock skidding 6.7 percent as deepening concerns over...

  • TAIPEI, Sept 30- Taiwan stocks fell on Friday in line with weakness in overseas markets and after the island's central bank stood pat on interest rates, as expected. As of 0300 GMT, the main TAIEX index fell 0.7 percent, to 9,207.15 points, after closing up 0.8 percent in the previous session. The Taiwan dollar softened T $0.018 to T $31.374 per U.S. dollar.

  • *Deutsche, Wells Fargo woes drag Wall Street lower. *Oil holds gains after OPEC agreement to curb supply. SINGAPORE, Sept 30- Asian stocks followed Wall Street lower in early trade on Friday, while oil prices held close to the highest level in almost a month on optimism over an OPEC plan to curb output.

  • TORONTO, Sept 29- Canada's main stock index rose on Thursday to a one-week high as energy stocks added to sharp gains from one day before on a surprise output cut agreement by OPEC. Suncor Energy Inc rose 2.3 percent to C $36.41 and Canadian Natural Resources Ltd advanced 2.4 percent to C $42.14. The oil patch has been "thrown a bone" by the output cut, said Rick Hutcheon,...

  • *Crude futures add to Wednesday's gains on OPEC deal. NEW YORK, Sept 29- Crude oil futures rose on Thursday, adding to the previous session's rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said trading clients have withdrawn excess cash and positions held in the largest German lender.

  • NEW YORK— U.S. stocks skidded Thursday as drug companies and banks absorbed large losses. Drugmakers faced scrutiny over price increases, while banks fell as investors worried about the stability of Deutsche Bank and other financial institutions. The Dow Jones industrial average slid 195.79 points, or 1.1 percent, to 18,143.45.

  • Sept 29- Wall Street dropped on Thursday, weighed down by Apple as well as selling in Wells Fargo, Citigroup and other major banks as investors worried about the health of Deutsche Bank. The S&P 500 financial index declined 1.49 percent after Bloomberg reported that some hedge funds have withdrawn excess cash and positions held at the German lender.

  • ISSAQUAH, Wash. _ Costco Wholesale Corp. on Thursday reported fiscal fourth-quarter earnings of $779 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share. Costco shares have decreased almost 9 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 5 percent.

  • NEW YORK, Sept 29- Wall Street dropped on Thursday, weighed down by Apple as well as selling in Wells Fargo, Citigroup and other major banks as investors worried about the health of Deutsche Bank.

  • *Crude futures add to Wednesday's gains on OPEC deal. NEW YORK, Sept 29- Crude oil futures on Thursday added to the previous session's rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said clients have withdrawn excess cash and positions held in the largest German lender. The Organization of the Petroleum...