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Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits

4 hours ago DieselGasoil Comments Off on Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits
LONDON (Reuters) – World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade talks while British Prime Minister Theresa May’s resignation briefly sent sterling fluctuating wildly. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, Read More

First net inflows into global equities in 10 weeks: BAML

5 hours ago DieselGasoil Comments Off on First net inflows into global equities in 10 weeks: BAML
LONDON (Reuters) – Investors have added to their global equity holdings for the first time in 2-1/2 months and continued to pile into bonds, Bank of America Merrill Lynch said on Friday, as worries about the U.S.-China trade spat sent shudders through financial markets. The net inflow into equities totaled $900 million in the week Read More

Fears of deeper U.S.-China trade war push Asian shares to four-month low

11 hours ago DieselGasoil Comments Off on Fears of deeper U.S.-China trade war push Asian shares to four-month low
Tokyo (Reuters) – Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. FILE PHOTO: A man is reflected in an electronic board showing the graph of Read More

Asian shares at four-month low on deepening U.S.-China trade war

13 hours ago DieselGasoil Comments Off on Asian shares at four-month low on deepening U.S.-China trade war
Tokyo (Reuters) – Asian shares hobbled near four-month lows on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. FILE PHOTO: A man is reflected in an electronic board showing the graph of the Read More

‘Modern fascism is breaking cover’: Journalists react to Assange Espionage Act charges

16 hours ago DieselGasoil Comments Off on ‘Modern fascism is breaking cover’: Journalists react to Assange Espionage Act charges
The US government’s indictment of Wikileaks publisher Julian Assange on 17 additional charges under the Espionage Act has shocked and horrified journalists who are calling it an unprecedented attack on press freedom. The new indictment claims Assange endangered the lives of individuals working for the US government when Wikileaks published leaked documents received from intelligence Read More

Russia, Poland set goal to restart oil pipeline as tensions linger

17 hours ago DieselGasoil Comments Off on Russia, Poland set goal to restart oil pipeline as tensions linger
By Maciej Martewicz and Marek Strzelecki on 5/23/2019 Photo: Druzhba pipeline, Russia. WARSAW (Bloomberg) — Although compensation for damage caused during a contamination crisis remains a sticking point, Russia and Poland said flows of clean oil through the giant Druzhba pipeline into Europe could resume within 2 1/2 weeks. Transneft PJSC, Russia’s state crude oil Read More

Global growth worries slam Wall St. as trade tensions persist

19 hours ago DieselGasoil Comments Off on Global growth worries slam Wall St. as trade tensions persist
NEW YORK (Reuters) – U.S. stocks slumped on Thursday as investors dumped shares of technology companies as well as businesses in cyclical sectors on fears that the escalating trade war between United States and China would stymie global economic growth. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Asia shares hit four-month low on risk of endless trade war

1 day ago DieselGasoil Comments Off on Asia shares hit four-month low on risk of endless trade war
SYDNEY (Reuters) – Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies. FILE PHOTO: A man riding on a bicycle looks at an electronic board showing the Japan’s Nikkei Read More

Asia shares sink to four-month low, yen a safe harbor

1 day ago DieselGasoil Comments Off on Asia shares sink to four-month low, yen a safe harbor
SYDNEY (Reuters) – Asian shares carved out a four-month trough on Thursday amid worries the Sino-U.S. trade conflict was fast morphing into a technology cold war between the world’s two largest economies. FILE PHOTO: A man riding on a bicycle looks at an electronic board showing the Japan’s Nikkei average outside a brokerage in Tokyo Read More

Asia feels chill from Sino-U.S. tech cold war

2 days ago DieselGasoil Comments Off on Asia feels chill from Sino-U.S. tech cold war
SYDNEY (Reuters) – Asian shares were stuck in the red on Thursday amid worries the Sino-U.S. trade conflict was fast morphing into a technology cold war between the world’s two largest economies. FILE PHOTO: A man riding on a bicycle looks at an electronic board showing the Japan’s Nikkei average outside a brokerage in Tokyo Read More