The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
European equities finished higher on Thursday, as new regulation from the European Union helped the continent's steel producers post strong gains.
The pan-European Stoxx 600 index closed around 0.6 percent higher, after spending much of the morning in negative territory. Germany's DAX rallied to close provisionally 2 percent higher, French stocks saw gains of around 1.5 percent at market close, while London's FTSE 100 finished around 0.4 percent higher.
Finland's Outokumpu was at the top of benchmarks, with a rise of 6.7 percent and Arcelormittal saw gains of 5 percent.
Both steel producers were buoyed by the European Union's decision to impose a duty on imports of electrical steel. The anti-dumping levy was implemented Thursday on imports from China, Japan, Russia, South Korea and the United States.
Meanwhile, markets were closed in Austria, Iceland, Finland, Latvia, Lithuania, Estonia, Denmark, Norway, Sweden and Switzerland due to public holidays.
In other individual stocks news, shares of Generali closed 3.8 percent higher after the Italian insurer reported a 6 percent rise in first quarter operating profit.
Meanwhile, shares of Eni closed around 1.5 percent higher on reports that the Italian oil and gas group was revisiting trimming its stake in Saipem after putting on hold the plan due to a slide in oil prices, Reuters reported, citing Il Sole 24 Ore.
U.S. stocks traded higher on Thursday, bouncing from the prior day's muted trade, as investors eyed further dollar declines and calmer bond markets.The Dow Jones Industrial Average quickly added 120 points in the minutes following the open, with Apple leading all blue chips higher.