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Global worries sink stocks below 7,000

Global jitters sent the stock market crashing yesterday, with the index sinking below the 6,800 level or at a 52-week low of 6,790.58 before crawling back to close at 6,884.38......»»

Category: financeSource: philstar philstarOct 12th, 2018

Global stocks sink on festering trade war

New York — World stock markets sank Monday (US time) on worries over a festering global trade war amid reports President Donald Trump plans new curbs on Chinese investment in America. The selloff, which began in Asia, and continued through the European and US sessions, rendered trading screens a sea of red across the globe. […].....»»

Category: financeSource:  bworldonlineRelated NewsJun 26th, 2018

Global stock markets wobble on trade, currency worries

Global stock markets wobbled Friday as US President Donald Trump eyed further tariffs even as roadblocks emerged on striking a key trade deal with Canada. Meanwhile, US stocks were essentially flat.....»»

Category: newsSource:  philippinetimesRelated NewsSep 1st, 2018

U.S. tech stocks continue to slide on weak day for global equities

NEW YORK, USA – Global stocks fell Monday, with US tech equities suffering another significant tumble on worries of slowing growth in the influential sector. The tech-rich Nasdaq Composite Index in New York shed 1.4%, the third straight day it had lost at least 1%. The Dow and S&P 500 also ........»»

Category: newsSource:  rapplerRelated NewsJul 31st, 2018

World stocks fall, haunted by concerns over US-China tariffs

SINGAPORE --- Global markets fell Monday as weaker-than-expected Asian economic surveys ratcheted up worries over the potential impact of higher tariffs due to be imposed by China and the US in a festering trade dispute. Over in Europe, a prolonged German government crisis weighed on sentiment. KEEPING SCORE: European shares fell in early trading. Germany's DAX dropped 0.5 percent to 12,242.80 and France's CAC 40 lost 1.0 percent to 5,270.37. Britain's FTSE 100 shed 0.8 percent to 7,573.61. Wall Street was poised to open lower. Dow futures fell 0.6 percent to 24,130.00 and broader S&P 500 futures were down 0.5 percent to 2,708.50. ASIA'S DAY: Asian markets were overshadowed...Keep on reading: World stocks fall, haunted by concerns over US-China tariffs.....»»

Category: newsSource:  inquirerRelated NewsJul 2nd, 2018

Tokyo stocks open lower as global trade worries weigh

Tokyo stocks opened lower on Monday amid worries about global trade as a key business sentiment survey showed confidence among Japan’s biggest manufacturers has slipped. The benchmark Nikkei 225 index dropped 0.21 percent or 47.85 points to 22,256.66 in early trade while the broader Topix index was down 0.23 percent or 4.00 points to 1,726.89. […].....»»

Category: newsSource:  bworldonlineRelated NewsJul 2nd, 2018

Stocks rebound as worries on rising interest rates subside

Local shares climbed on Thursday, April 26, sending in positive territory for the first time this week as concerns on rising interest rates momentarily settled. The bellwether Philippine Stock Exchange index (PSEi) gained 0.79% or 59.51 points to close at 7,617.42, reversing early day losses that saw the market sink further down the 7,500 mark. […] The post Stocks rebound as worries on rising interest rates subside appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 26th, 2018

Markets Right Now: China tariff worries sink US stocks

NEW YORK — The latest on developments in financial markets (all times local): 9:35 a.m......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2018

Asian markets tumble on Trump tariff news

HONG KONG: US President Donald Trump’s controversial decision to slap tariffs on steel and aluminum imports sent Asian stocks plunging on Friday as the move fuelled fresh fears of a global trade war. Traders, already on edge owing to worries about rising interest rates, followed their US counterparts in heading to the hills after the [...] The post Asian markets tumble on Trump tariff news appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 3rd, 2018

PSEi tumbles, mirrors global markets

MANILA, Philippines - Share prices closed lower yesterday, echoing the general downtrend in global stocks as escalating worries about Trump administration’s.....»»

Category: financeSource:  philstarRelated NewsAug 18th, 2017

Stock Market: PSEi sinks to 7,200 level as Trump worries marts

LOCAL STOCKS plunged amid a global sell-off triggered by uncertainties arising from the trade and immigration policies of US President Donald J. Trump......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2017

US election jitters sink global stocks

Democratic candidate Hillary Clinton had been comfortably leading in most polls and was expected to cruise to a victory. However, on Oct......»»

Category: financeSource:  philstarRelated NewsNov 6th, 2016

Asian markets sink as Fed rate talk brews

HONG KONG: Asian stocks tumbled Monday, extending last week’s global sell-off as comments from top central bankers rang alarm bells on trading floors that the days of cheap money could be numbered. Regional investors followed their US and European .....»»

Category: newsSource:  manilatimes_netRelated NewsSep 12th, 2016

Seoul leads broad Asia equity drop after NKorea test

HONG KONG: South Korean stocks and the won led most Asian markets lower Friday after the North conducted another nuclear test, while trading was also hit by worries over global central bank policy easing. Pyongyang said it had conducted a &'8220;successfu.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 9th, 2016

Trump ‘not going to fire’ Powell

WASHINGTON, D.C.: President Donald Trump renewed his attacks on the US central bank on Thursday, saying it was “out of control” in raising interest rates but that he had no plans to dismiss Federal Reserve Chairman Jerome Powell. Trump blamed the Federal Reserve for the global stocks rout that continued Thursday for a second day amid concerns about [...] The post Trump ‘not going to fire’ Powell appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 12th, 2018

GBP partners with WVSU for Handumanan Project

GLOBAL Business Power Corporation (GBP), through subsidiaries Panay Energy Development Corporation (PEDC) and Panay Power Corporation (PPC), recently partnered with the West Visayas State University-College of Agriculture and Forestry (WVSU-CAF) for The Handumanan Reforestation and Carbon Sink Project. Covering 150 hectares inside Brgy. Jayubo and Sagcup, Lambunao, Iloilo, the project aims to institute mitigating measures […] The post GBP partners with WVSU for Handumanan Project appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsOct 11th, 2018

China tech stocks Lenovo, ZTE tumble after chip hack report

  HONG KONG --- Chinese tech stocks Lenovo Group and ZTE Corp. tumbled in Hong Kong on Friday following a news report Chinese spies might have used chips supplied by another company to hack into U.S. computer systems. Lenovo shares closed down 15.1 percent while ZTE lost 11 percent. Bloomberg News cited unidentified U.S. officials as saying malicious chips were inserted into equipment supplied by Super Micro Computer Inc. to American companies and government agencies. Lenovo, with headquarters in Beijing and Research Triangle Park, North Carolina, is the biggest global manufacturer of personal computers and has a growing smartphone brand. "Super Micro is not a supplier to L...Keep on reading: China tech stocks Lenovo, ZTE tumble after chip hack report.....»»

Category: newsSource:  inquirerRelated NewsOct 5th, 2018

Philippine peso, stocks sink further

MANILA, Philippines – The Philippine peso continued to weaken on Wednesday, September 26. The local currency closed at P54.325 ........»»

Category: newsSource:  rapplerRelated NewsSep 26th, 2018

EU ministers battle over French-backed digital tax

VIENNA, Austria – EU finance ministers battled on Saturday, September 8, over an increasingly controversial proposal to slap a European tax on US tech giants amid rising worries that it is ineffective and protectionist. France for a year has rallied EU partners to draw up the tax which Paris says is necessary to ensure that global ........»»

Category: newsSource:  rapplerRelated NewsSep 8th, 2018

Trade worries caused Asian shares to deepen 2018 losses in August

ASIAN stocks slipped in August, dragged down by the trade dispute between China and the United States, while the plunge in the Turkish lira prompted some investors to sell emerging market assets. The post Trade worries caused Asian shares to deepen 2018 losses in August appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 4th, 2018

Asian markets sink as global trade concerns return

Hong Kong — Asian markets started Monday on a negative note as trade tensions returned to the fore with Donald Trump eyeing fresh tariffs on a swathe of Chinese goods and NAFTA talks with Canada hitting a wall. The optimism that flowed through trading floors at the start of last week has been replaced by […] The post Asian markets sink as global trade concerns return appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 3rd, 2018