President Donald Trump's son-in-law Jared Kushner has presented a $50 billion investment plan for economic growth and peace in the Middle East that has been greeted with...World Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
Stocks in Asia were subdued on Wednesday after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
European markets closed lower Monday as investors monitored fresh economic data and corporate earnings.
The pan-European Stoxx 600 closed 0.19 percent lower with major bourses and most sectors in negative territory.
Basic resources topped the few sectors that ended Monday's trade in the green, up 1.26 percent.
Technology also closed on the upside, although the sector pared back some of the gains hit in mid-afternoon trade. It finished up 0.47 percent thanks to an uptick in revenue growth for electronic chip maker Austria Microsystems. The company said its revenue for 2017 almost doubled amid robust demand for its sensors from smartphone customers such as Apple. Its shares surged to the top of the European benchmark, closing up nearly 17 percent.
Dialog Semiconductor also closed near the top of the Stoxx 600, following news of a steep revenue increase from Austrain sensor maker AMS. Its shares were up nearly 1.5 percent.
Europe's banking sector closed 0.13 percent lower amid earnings news. Spanish state-owned lender Bankia cited one-off restructuring costs after it swung into the red in the fourth quarter. Its shares were over 3 percent lower on the news, having clawed back some of its losses from earlier on in the day.
Getinge reported fourth-quarter profit far below market expectations on Monday, ultimately closing trade at the bottom of the Stoxx 600. The Swedish medical technology group predicted slight growth in organic sales in 2018, although shares tumbled more than 10 percent after the earnings miss.
U.S. stocks started the week lower after a jump in sovereign interest rates gave investors pause. The Dow Jones industrial average had fallen 150 points by mid-morning Monday while the S&P 500 declined 0.4 percent.
Monday's negative trade contrasted with news that since the start of earnings season, the overwhelming majority of companies in the S&P 500 to have reported their latest figures have beat analysts' expectations, according to Reuters. Heavy hitters including the likes of Apple, Microsoft and Amazon are all scheduled to report this week.