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Tencent weighing bid for holding company behind Korea's Nexon: sources

1 day ago DieselGasoil Comments Off on Tencent weighing bid for holding company behind Korea's Nexon: sources
HONG KONG/SEOUL (Reuters) – Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon, two sources with knowledge of the matter told Reuters. Logo of Tencent is displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu Tencent is looking Read More

Wall Street rises on report of U.S. considering end to China tariffs

3 days ago DieselGasoil Comments Off on Wall Street rises on report of U.S. considering end to China tariffs
NEW YORK (Reuters) – U.S. stocks advanced on Thursday as a published report that the United States was considering lifting tariffs on Chinese imports lifted investor sentiment. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid U.S. Treasury Secretary Steven Mnuchin discussed lifting Read More

U.S. stocks edge up on defense, healthcare gains; pound firms

3 days ago DieselGasoil Comments Off on U.S. stocks edge up on defense, healthcare gains; pound firms
NEW YORK (Reuters) – Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in Britain’s exit from the European Union, Prime Minister Theresa May’s defeat of a confidence vote, lifted sterling. Traders work on the floor of the New Read More

Health, defense stocks help Wall Street grind higher

3 days ago DieselGasoil Comments Off on Health, defense stocks help Wall Street grind higher
(Reuters) – U.S. stocks eked out gains on Thursday to consolidate near a one-month high, helped by advances in the healthcare and industrial sectors and as financials shrugged off Morgan Stanley’s disappointing earnings. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan McDermid Shares Read More

Wall Street shrugs off weak start to hold at one-month high

3 days ago DieselGasoil Comments Off on Wall Street shrugs off weak start to hold at one-month high
(Reuters) – Wall Street’s main indexes fought back from a weak start to hover near one-month highs on Thursday, as gains in healthcare and consumer discretionary stocks offset losses in the energy and financial sectors. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. REUTERS/Brendan Read More

Volatile market hits Morgan Stanley's trading, wealth management

3 days ago DieselGasoil Comments Off on Volatile market hits Morgan Stanley's trading, wealth management
(Reuters) – Morgan Stanley’s (MS.N) profit fell short of analyst expectations as trading revenue slumped more than rivals and its wealth management business faltered, sending its shares down more than 5 percent. FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson The bank has Read More

Wall Street slips at open after Morgan Stanley results

4 days ago DieselGasoil Comments Off on Wall Street slips at open after Morgan Stanley results
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks dipped at open on Thursday, retreating from one-month highs, hit by losses in financial stocks after Morgan Stanley’s weak results and energy shares hurt by a drop in Read More

Banks turn stocks red, pound finds some peace

4 days ago DieselGasoil Comments Off on Banks turn stocks red, pound finds some peace
LONDON (Reuters) – Concern over China’s economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment’s peace. FILE PHOTO: New one pound coins, which come into circulation today, are seen in London, Britain March 28, Read More

Weak Morgan Stanley results, trade worries to pull Wall St. lower at open

4 days ago DieselGasoil Comments Off on Weak Morgan Stanley results, trade worries to pull Wall St. lower at open
(Reuters) – Wall Street’s main indexes were set to retreat from one-month highs on Thursday, hit by Morgan Stanley’s weak results and renewed concerns over the progress of Sino-U.S. trade talks. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Shares Read More

Futures down after Morgan Stanley results, trade worries

4 days ago DieselGasoil Comments Off on Futures down after Morgan Stanley results, trade worries
(Reuters) – Wall Street’s main indexes were set to retreat from one-month highs on Thursday after Morgan Stanley’s weak results and renewed concerns over the progress of Sino-U.S. trade talks. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Shares of Read More