Tag: Equities Markets

Samsung leader appears in court, waits to hear if he’ll be jailed again

SEOUL (Reuters) – Samsung Group’s leader, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including...

Court to decide whether to jail embattled Samsung heir again

SEOUL (Reuters) – A South Korean court will rule as soon as Monday whether to send Samsung Group heir Jay Y. Lee back to jail...

Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

(Reuters) – The heavyweight technology and growth stocks that drove Wall Street higher in recent years are again fueling a surge that has taken the...

Exclusive: China-owned Playtika hires banks for $1 billion U.S. IPO – sources

(Reuters) – Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public...

Trump to sign executive order on social media on Thursday: White House

WASHINGTON (Reuters) – U.S. President Donald Trump will sign an executive order on social media companies on Thursday, White House officials said after Trump threatened...

Trump threatens social media shutdown over Twitter fact-check label

WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies for stifling conservative voices, a day after...

Japan shares hit 10-week peak, S&P 500 tests 3,000

SYDNEY (Reuters) – Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions...

Hong Kong shares ease on China-U.S. rift, dollar firms

SYDNEY (Reuters) – Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China’s move to impose a...

Hong Kong tensions rattle world stock markets, oil tumbles

NEW YORK/LONDON (Reuters) – Oil prices tumbled and global equity markets fell on Friday as China’s move to impose a new security law on Hong...

Wall Street ends mixed as China-U.S. tensions weigh

(Reuters) – Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-U.S. tensions and...

Wall Street Week Ahead: Investors look beyond drug makers as hunt for COVID-19 treatment heats up

NEW YORK (Reuters) – Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for...

Hong Kong tensions unnerve world stocks, oil tumbles

LONDON (Reuters) – World stocks took a hit and the Chinese yuan weakened on Friday as Beijing moved to impose a new security law on...

Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint

TOKYO (Reuters) – Global shares tumbled on Friday as Hong Kong’s political unrest returned as a flashpoint in fast-deteriorating U.S.-China relations, following Beijing’s moves to...

Exclusive: Baidu considers leaving the Nasdaq to boost its valuation – sources

HONG KONG/BEIJING (Reuters) – Chinese search engine giant Baidu Inc (BIDU.O) is considering delisting from the U.S. Nasdaq and moving to an exchange closer to...

Shares lose footing, oil marches on

LONDON (Reuters) – Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries...

Asia shares set for early gains as focus swings to recovery

WASHINGTON (Reuters) – Asian shares were poised to open higher on Thursday after global equities and crude prices rallied overnight on hopes of a rapid...

Oil gains, stocks rally on renewed recovery hopes

NEW YORK (Reuters) – Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet...

Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high

(Reuters) – Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from...

Oil prices climb more than $1 ahead of WTI June contract expiry

SINGAPORE (Reuters) – Oil prices jumped by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing...

U.S. funds rush to tech companies and battered energy stocks in first-quarter

BOSTON/NEW YORK (Reuters) – Prominent U.S. fund managers piled into big-name technology stocks and bottom-fished in the beaten-down energy sector as markets reeled from the...

S&P swings as investors weigh weak data, trade woes with reopening optimism

NEW YORK (Reuters) – The S&P 500 zig-zagged on both sides of unchanged on Friday as investors weighed worries about Sino-U.S. trade relations and weaker-than-expected...

U.S. stock market falls on plunging retail sales; oil up

NEW YORK (Reuters) – U.S. stocks sank on Friday after data showed a worse-than-expected drop in retail sales and as investors worried about increased Sino-U.S....

Wall Street closes with strong gains as recovery hopes offset pandemic fears

(Reuters) – Wall Street surged on Thursday as investors weighed the prospect of economic recovery against bellicose remarks from President Donald Trump regarding U.S.-China trade...

Potbelly settlement with activists includes twist: stock, not cash, for outlays

BOSTON (Reuters) – Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders’ expenses with stock not cash, creating a situation that lawyers call...

S&P 500 closes barely higher as investors balance pandemic with recovery

NEW YORK (Reuters) – The S&P 500 closed barely higher, eking out a nominal gain on Monday as investors weighed new spikes in coronavirus infections...