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China's U-turn on market curbs brings back the speculators

17 hours ago DieselGasoil Comments Off on China's U-turn on market curbs brings back the speculators
SHANGHAI (Reuters) – Speculators are staging a forceful comeback in China’s stock market, bidding up shares in loss-making companies as regulators ease rules around trading, fundraising and backdoor listings to prop up struggling bourses. FILE PHOTO: Investors look at computer screens showing stock information on the first trading day after the New Year holiday at Read More

Sterling, euro stocks scuttled as Brexit deal slams the rocks

1 day ago DieselGasoil Comments Off on Sterling, euro stocks scuttled as Brexit deal slams the rocks
LONDON (Reuters) – Sterling tumbled and the rest of Europe’s share markets groaned on Thursday after a long-awaited Brexit agreement was thrown into chaos as Britain’s chief negotiator for the deal quit just hours after it had been unveiled. A shop cash register is seen with both Sterling and Euro currency in the till at Read More

Sterling, euro stocks scuttled as Brexit deal hits the rocks

1 day ago DieselGasoil Comments Off on Sterling, euro stocks scuttled as Brexit deal hits the rocks
LONDON (Reuters) – Sterling tumbled and the rest of Europe’s share markets groaned on Thursday, after a long-awaited Brexit agreement was thrown into chaos as Britain’s chief negotiator for the deal quit just 12 hours after it had been unveiled. A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, Read More

Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat

2 days ago DieselGasoil Comments Off on Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat
TOKYO (Reuters) – Asian stocks rose on Thursday, taking heart from a bounce in Chinese shares on news that China has delivered a written response to U.S. trade demands, while oil prices resumed their retreat on fears of oversupply. A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November Read More

A matter of volume: threat from ascendant Chinese phones hangs over Apple

2 days ago DieselGasoil Comments Off on A matter of volume: threat from ascendant Chinese phones hangs over Apple
SAN FRANCISCO (Reuters) – A raft of profit warnings from Apple Inc (AAPL.O) suppliers this week has fueled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company’s plans to make services its main pillar of growth. FILE PHOTO: A customer compares the size of Read More

Crude oil extends steep dive, stocks fall on growth fears

3 days ago DieselGasoil Comments Off on Crude oil extends steep dive, stocks fall on growth fears
TOKYO (Reuters) – Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, Read More

Crude oil struggles for traction after plunge, stocks sag

3 days ago DieselGasoil Comments Off on Crude oil struggles for traction after plunge, stocks sag
TOKYO (Reuters) – Oil prices struggled for traction on Wednesday after sinking on worries about weakening world demand and oversupply, while global shares sagged with slowing growth concerns overshadowing potential positives such as progress in the Brexit saga. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, Read More

WeWork gets $3 billion in new funding from SoftBank

3 days ago DieselGasoil Comments Off on WeWork gets $3 billion in new funding from SoftBank
FILE PHOTO – A logo of U.S. co-working firm WeWork is pictured during a signing ceremony in Shanghai, China April 12, 2018. Jackal Pan via REUTERS (Reuters) – U.S. shared office space provider WeWork Cos has secured an additional $3 billion in funding from Japan’s SoftBank Group Corp, according to an investor presentation seen by Read More

European shares recover after U.S. tech rout; dollar falls

3 days ago DieselGasoil Comments Off on European shares recover after U.S. tech rout; dollar falls
LONDON (Reuters) – European shares recovered on Tuesday after feeling the strain of a tech rout on Wall Street, while the dollar lost momentum as hopes mounted for a de-escalation in the Sino-U.S. tariff war. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 21, 2018. REUTERS/Tilman Read More

Fears of peak iPhone rattle Asian Apple suppliers

4 days ago DieselGasoil Comments Off on Fears of peak iPhone rattle Asian Apple suppliers
TAIPEI/SEOUL (Reuters) – Shares in Asian suppliers and assemblers for Apple Inc (AAPL.O) fell on Tuesday after several component makers warned of weaker than expected results, leading some market watchers to call the peak for iPhones in several key markets. FILE PHOTO: A woman checks her phone at a flagship Apple store at Iconsiam shopping Read More