Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
European markets moved lower on Thursday amid a light holiday-week of trade seen across markets worldwide.
Trade was relatively lighter than usual on Thursday as markets across the globe try and get back to business amid the break between the holidays and New Year.
One of the best performers on the index was retailer Steinhoff, up 2.98 percent, despite a downgrade by Moody's.
In stocks news, Airbus is reportedly putting together contingency plans to axe production of the A380 superjumbo if it fails to win a key order from Dubai's Emirates, Reuters has reported citing three people familiar with the matter. Airbus shares fell more than 1.3 percent Thursday.
Meantime, Banco BPM finished the day near the top of Europe's benchmarks, after it announced that it had exceeded the European Central Bank's capital requirements, which is slated to go into effect in 2018. Fellow Italian lender BPER Banca also traded sharply higher, up 2.75 percent for the session.
In commodity markets, oil was in focus after crude futures hit a more than two-year high earlier on this week. Prices were relatively flat on Thursday, with Brent trading around $66.40 and U.S crude hovering above $59.50. Meantime, mining stocks rose on the back of an uptick in metal prices.
Elsewhere, bitcoin fell 11 percent on Thursday after South Korea's government announced it would implement new rules in a bid to regulate trade in the digital currency in the country. South Korea is a major hub for bitcoin.
In the U.S. stocks opened higher Thursday as investors remained relatively confident about future economic growth.