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Asia stocks advance as China’s rates tweak improves investor mood

5 hours ago DieselGasoil Comments Off on Asia stocks advance as China’s rates tweak improves investor mood
TOKYO (Reuters) – Asian stocks rode a Wall Street rally on Monday and were also cheered by a decision from China’s central bank to alter the way it sets a key interest rate benchmark, a move seen by analysts as reducing borrowing costs for companies. FILE PHOTO: A woman points to an electronic board showing Read More

Asia stocks gain as China rates tweak lifts investor mood

7 hours ago DieselGasoil Comments Off on Asia stocks gain as China rates tweak lifts investor mood
TOKYO (Reuters) – Asian stocks tracked the Wall Street rally on Monday and found an extra tailwind from a move by China’s central bank to change the way a key interest rate benchmark is set, seen by analysts as reducing borrowing costs for companies. FILE PHOTO: A woman points to an electronic board showing stock Read More

Asia stocks rise as stimulus, policy hopes calm nervous investors

10 hours ago DieselGasoil Comments Off on Asia stocks rise as stimulus, policy hopes calm nervous investors
TOKYO (Reuters) – Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors’ fears of a sharp global economic slump. FILE PHOTO: A woman points to an electronic board showing stock prices as she poses Read More

Stranded migrants jump off rescue boat to try to reach Italy

18 hours ago DieselGasoil Comments Off on Stranded migrants jump off rescue boat to try to reach Italy
Migrants on a humanitarian ship off the Italian coast had to be chased down after they jumped into the sea in a desperate attempt to reach land. Four of them put on life jackets and jumped into the water as two crew members swam after them and brought them back to the boat. It comes Read More

400 holidaymakers evacuated as tourist ferry STRIKES ROCKS en route from Ibiza

2 days ago DieselGasoil Comments Off on 400 holidaymakers evacuated as tourist ferry STRIKES ROCKS en route from Ibiza
A Spanish ferry packed with hundreds of tourists and their cars has run aground on her way from Ibiza and Majorca, setting off a dramatic rescue effort throughout the night by coast guard and other emergency services. Pinar del Rio, a fast ferry operated by Balearia, ran aground near Benidorm in southeastern Spain, the company Read More

Dow posts biggest one-day drop since October as recession fears take hold

5 days ago DieselGasoil Comments Off on Dow posts biggest one-day drop since October as recession fears take hold
NEW YORK (Reuters) – Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years. All three major U.S. indexes closed down about 3%, with the blue-chip Dow posting its biggest one-day point drop since October after 2-year Read More

U.S. stocks stumble on fears of looming recession

5 days ago DieselGasoil Comments Off on U.S. stocks stumble on fears of looming recession
NEW YORK (Reuters) – Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon. All three major U.S. indexes were sharply lower as short- and long-dated Treasury yields inverted for the first time in 12 years, a potential signal of Read More