Asian shares retreat as virus and Sino-U.S. tensions flare

07/14/2020

SINGAPORE/WASHINGTON (Reuters) – Asian stock markets slipped on Tuesday, oil sagged and a safety bid supported the dollar as simmering Sino-U.S. tensions and fresh coronavirus restrictions in California kept a lid on investor optimism as earnings season gets underway. MSCI’s broadest index of Asia-Pacific shares […]

Asian shares set to slip as coronavirus concerns weigh

07/10/2020

NEW YORK (Reuters) – Asian shares were set to open mostly lower on Friday as record-breaking new coronavirus cases and deaths in several U.S. states stoked concerns that new lockdowns could derail the economic recovery, and investors looked forward to earnings season. Australian S&P/ASX 200 […]

World shares rally to four-week highs as investors bet on China revival

07/06/2020

LONDON (Reuters) – Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States. MSCI’s All-Country World Index, which tracks shares across […]

Stocks try to shake off second wave virus fears

06/22/2020

TOKYO (Reuters) – U.S. stock futures erased losses and Asian stocks held flat on Monday, trying to shake off worries that rising coronavirus cases in the United States could scupper a quick economic rebound from the massive downturn triggered by the pandemic. U.S. S&P 500 […]

Stocks drift as second wave virus fears mount

06/18/2020

LONDON/TOKYO (Reuters) – Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic. Several U.S. states including Oklahoma, where President Donald Trump plans a campaign rally on Saturday, reported […]

Stocks, oil slide on fears of second pandemic

06/15/2020

NEW YORK (Reuters) – Fears of a second wave of COVID-19 infections rocked world markets on Monday, knocking down oil prices and a gauge of global equity performance more than 2% at one point, as investors grappled with how to assess the economic recovery. China […]

Romania's bonds leap as govt keeps coveted investment grade rating

06/08/2020

LONDON, June 8 (Reuters) – Romania’s 2024-2028 government bonds saw their biggest daily jump on record on Monday, after the country’s credit rating was spared a downgrade to ‘junk’. S&P Global on Friday kept Bucharest’s rating on the BBB- last rung of investment grade, though […]