By Marc Jones LONDON (Reuters) – European stocks and the dollar made solid starts to the second quarter on Wednesday as signs of a recovery in the euro zone and expectations of more good U.S. news cheered investors after their blowout last few months. Europe’s benchmark FTSEurofirst 300 (.FTEU3) recovered strongly after an early wobble Read More
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By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks were mostly lower on Wednesday, taking their lead from weaker U.S. shares, while the dollar slid against the yen as Tokyo’s Nikkei recoiled in volatile trade. As share volatility rose, spreadbetters forecast a significantly lower open for Britain’s FTSE (.FTSE), Germany’s DAX (.GDAXI) and France’s CAC (.FCHI). Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks were mostly lower on Wednesday, taking their lead from weaker U.S. shares, while the dollar slid against the yen as Tokyo’s Nikkei recoiled in volatile trade. As share volatility rose, spreadbetters forecast a significantly lower open for Britain’s FTSE (.FTSE), Germany’s DAX (.GDAXI) and France’s CAC (.FCHI). Read More
As European equity markets closed out last week with their biggest weekly fall of the year, an eventful first quarter is coming to a close. Keep in mind that while BofA Merrill Lynch notes that U.S. equity funds suffered $ 44 billion in outflows so far this year compared to last year-making it the worst Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose across the board on Tuesday after a rally on Wall Street and steps by China to shore up its economy boosted risk appetite, while Greek debt worries again haunted the sagging euro. Spreadbetters expected European shares to pull back slightly after Monday’s rise, calling for Britain’s Read More
By Herbert Lash NEW YORK (Reuters) – The dollar gained and global equity markets surged on Monday on merger activity among drugmakers on both sides of the Atlantic, while Chinese stocks hit a seven-year high on a government plan to create a modern Silk Road trade route. Major U.S. and European indexes rallied more than Read More
FRANKFURT (Reuters) – German trade union Verdi has asked a court to stop Deutsche Post’s (DPWGn.DE) plans to expand its parcel delivery business by using employees on lower pay deals and has called on workers to stage a strike. Like other former postal service monopolies in Europe, such as Britain’s Royal Mail (RMG.L), Deutsche Post Read More
By Patrick Graham LONDON (Reuters) – Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China’s economy, but the euro slipped on renewed concern about Greece’s finances. In Europe, a rally in technology shares, tracking Friday’s surge in the U.S. tech sector, helped equities bounce back from losses last week, Read More
By Caroline Copley DUESSELDORF, Germany (Reuters) – Latecomers to the digital age, big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants. More than half of the firms on Germany’s blue-chip DAX index (.GDAXI) trace their roots Read More
By Patrick Graham LONDON (Reuters) – Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China’s economy, but the euro slipped on more concern about Greece’s finances. In Europe, a rally in technology shares, tracking Friday’s surge in the U.S. tech sector, helped equities bounce back from losses last week, Read More