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European shares cautiously up
Strong company results and encouraging economic data lifted European shares on Friday, though investors remained cautious ahead of the results of stress tests on the continent’s banks after market close.
At 1049 GMT the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,042.36 points, having risen 3.2 percent in the previous two [...]
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- Tags: European shares, HSBC, Standard Chartered, Vodafone
Asian stocks dip
The dollar fell and Asian stocks dipped on Friday as the US economy showed further signs of slowing, while the euro appeared poised for further gains after breaching key resistance levels.
The dollar weakened broadly after reports that growth in industrial production had slowed sharply, offsetting a bright start to the US earnings season earlier this [...]
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- Tags: Asian stocks, dollar, HSBC, US stocks
BSE Sensex down 29 pts,
The Bombay Stock Exchange (BSE) Sensex dropped 0.2% in a choppy session on Thursday, with financials leading the fall, reflecting world markets which weakened on US Federal Reserve’s cautious stance on economic recovery.
Weak monsoon rains also dampened sentiment. Monsoon rain was 24% below normal in the week to July 14, reviving fears of crop loss [...]
FTSE hits 1-month high
Britain’s top share index pushed higher early on Monday as a move by China to let the yuan rise brightened the demand outlook for commodities and improved investor’s risk appetite, powering gains in miners and banks.
By 0757 GMT, the FTSE 100 was 61.60 points, or 1.2 per cent higher at 5,312.44, having touched its highest [...]
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- Tags: Asian stocks, FTSE, HSBC
European shares touched a four-week high on Monday
European shares touched a four-week high on Monday as strong euro zone industrial output rekindled optimism over the region’s economic outlook, while AXA rose on talks of a UK asset sale to Resolution.
By 1038 GMT, the pan-European FTSEurofirst 300 index of top shares was 1 percent higher at 1,018.48 points, up for the fourth consecutive [...]
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- Tags: Barclays, FTSE, FTSEurofirst, HSBC
European shares hit one-week high
European shares rose to a one-week high on Thursday, with sentiment lifted by China’s denial it was reviewing its investments in euro zone debt, and as Prudential rose on talk its deal with AIG may be off.
By 1222 GMT, the FTSEurofirst 300 index of top European shares was up 2.0 percent at 991.47 points, after [...]
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- Tags: Barclays, European shares, FTSEurofirst, government, HSBC
Bond yields rise
Bond yields ended near two-week highs on Wednesday taking cues from US treasuries and on concerns of a possible cash crunch next week due to outflows for third-generation (3G) spectrum payments.
The yield on the benchmark 10-year bond ended at 7.52%, after touching 7.53%, the highest since May 14 and 12 basis points higher than Tuesday’s [...]
European shares hit one-week high
European shares rose to a one-week high on Thursday, with sentiment lifted by China’s denial it was reviewing its investments in euro zone debt, and as Prudential rose on talk its deal with AIG may be off.
By 1222 GMT, the FTSEurofirst 300 index of top European shares was up 2.0 percent at 991.47 points, after [...]
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- Tags: Barclays, FTSEurofirst, HSBC
European shares edge lower
European shares edged lower on Friday, with investors taking profits after sharp gains in the previous session and keeping a close eye on the developments related to a proposed multi-billion-euro aid package for Greece.
At 0712 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 percent at 1,069.40 points after closing 1.3 percent [...]
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- Tags: BNP, European shares, FTSEurofirst, HSBC
European shares fall in early trade
European shares fell in early trade on Monday, with banks extending declines from Friday, when Goldman Sachs was charged with fraud, and airlines sliding as flying restrictions persisted.
At 0704 GMT, the FTSEurofirst 300 index of top European shares was down 1 percent at 1,084.48 points, after falling 1.5 percent in the previous session, when the [...]
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- Tags: European shares, FTSEurofirst, HSBC, Suisse