Search Results for: Donal Trump
Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap
May 29th, 2017
U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the yen held to a narrow range as investors weighed the ...
Yuan heads for weekly gain; Pound slides
May 26th, 2017
Crude extends declines as OPEC meeting brings no surprises Japan, Australian equities drop; yuan heads for weekly gain A slump in crude weighed on energy shares as most Asian equity markets headed for a lower finish to the week. ...
Asian Stocks jump while Dollar weakens
May 25th, 2017
South Korean stocks, won rally as interest rates kept on hold Hang Seng China Enterprises Index surge to highest since March The dollar weakened to the lowest since November while Asian stocks climbed with oil ahead of a key ...
China’s Stocks Drop With Aussie on Moody’s Cut
May 24th, 2017
Moody’s lowers China rating on outlook for financial strength Equities in Japan, Australia and South Korea all higher China’s stocks declined after Moody’s Investors Service cut its rating on the country’s debt, saying the outlook for its financial strength ...
Oil prices fall as White House proposes U.S. oil reserve sales
May 23rd, 2017
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market. Brent crude futures LCOc1 were ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
Sullivan & Cromwell to open Brussels office with antitrust hire
May 22nd, 2017
Sullivan & Cromwell, the US corporate law firm, has poached a senior European competition lawyer to open its first new office in nearly two decades based in Brussels. Michael Rosenthal is joining S & C as partner to work ...
Oil climbed toward $51 a barrel
May 22nd, 2017
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to OPEC’s gathering in Vienna this week, as speculation grows that ...
Asian stocks post biggest rise in a month; dollar weak
May 22nd, 2017
Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of ...
Oil prices climb on hopes output cuts will be extended
May 19th, 2017
Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in crude, with key benchmarks heading for a second week of ...