Business

World shares, dollar rise after week of North Korea-driven losses

World shares, dollar rise after week of North Korea-driven losses

Published 14/08/2017

World stocks rose on Monday, recovering some of their poise after fears of a U.S.-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen. [more…]

China a sweet spot for U.S. companies’ earnings in second-quarter

China a sweet spot for U.S. companies’ earnings in second-quarter

Published 14/08/2017

Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. [more…]

Oil prices slip on Chinese demand concerns, rising U.S. activity

Oil prices slip on Chinese demand concerns, rising U.S. activity

Published 14/08/2017

Oil prices fell on Monday as a slowdown in Chinese refining raised concerns about demand in the world's second-biggest consumer, while an increase in U.S. drilling capacity could deepen a global supply glut. [more…]

Euro zone June industry output drops by more than expected

Euro zone June industry output drops by more than expected

Published 14/08/2017

Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. [more…]

Banks lead relief rally for European stocks, fundamentals back in focus

Banks lead relief rally for European stocks, fundamentals back in focus

Published 14/08/2017

European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year. [more…]

Dollar nurses losses as outlook remains wary

Dollar nurses losses as outlook remains wary

Published 14/08/2017

The dollar edged lower against a trade-weighted basket of currencies on Monday after posting its biggest weekly drop in three weeks as expectations of U.S. rate increases dwindled further after weak inflation data. [more…]

China July property investment, sales slow as curbs continue to bite

China July property investment, sales slow as curbs continue to bite

Published 14/08/2017

China's real estate investment growth slowed in July, as official curbs continued to cool an overheated property market, reinforcing expectations of further slowing in second-half 2017. [more…]

Trump`s NAFTA autos goals to collide with industry as talks start

Trump`s NAFTA autos goals to collide with industry as talks start

Published 14/08/2017

The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. [more…]