European shares trade sharply lower
European shares traded sharply lower on Monday as Greece’s failure to form a government and signs China was struggling to shore-up its economy dented sentiment. Home/Business/Markets…
China money rates fall on liquidity expectation
China’s money rates fell on Wednesday, with the key seven-day repurchase rate slumping nearly 40 basis points on expectations that the central bank will inject more liquidity into the financial…
Euro sinks to 3-month low after Greek vote
The euro tanked on Monday, breaking below its well-worn range from the past three months against the dollar after elections in Greece and France raised fresh euro concerns. Home/Business/Markets…
Aussie dollar falls sharply after RBA cut
The Australian dollar fell sharply on Tuesday after the Reserve Bank of Australia slashed rates by a deeper-than-expected 50 basis points. Home/Business/Markets…
US stocks mired in red on Europe fears
US stocks closed lower but off earlier steep losses overnight on Monday as Wall Street focused on European economic uncertainty and some US earnings results missed expectations. Home/Business/Markets…
China shares up 1.82pc at close of trade
China shares closed up 1.82 per cent on Thursday. The benchmark Shanghai Composite Index, which covers both A and B shares, ended up 41.94 points at 2,350.86. Home/Business/Markets…
Hong Kong shares down 1.34pc at open
Hong Kong shares opened 1.34 per cent lower on Wednesday after Wall Street saw its biggest slump of the year on concerns over global growth and the debt crisis in…
China manufacturing shrinks for fifth month
China’s manufacturing sector activity shrank in March for a fifth successive month, the HSBC flash purchasing managers index showed on Thursday. Home/Business/Markets…
US stocks slump on China growth worries
US stocks posted modest losses on Tuesday amid concerns about cooling economic growth in China and mixed data on the troubled US housing construction sector. Home/Business/Markets…
Asia markets slip, Iran tensions lift energy firms
Asian markets slipped in early trade on Tuesday as dealers looked for a foothold to spur buying despite a positive lead from Wall Street. Home/Business/Markets…
