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NEW YORK, United States (AFP) — Wall Street stocks finished solidly higher Monday, joining most global equity markets that gained on easing concerns about North Korea. Pentagon chief Jim Mattis and Secretary of State Rex Tillerson said in an opinion piece for The Wall Street Journal that the United States favors a diplomatic solution to the stand-off with Pyongyang, especially with help from China, though they stressed diplomacy is “backed by military options.” Investors […]
TOKYO, Japan (AFP) — Tokyo stocks dropped Monday morning as lingering worries about the war of words between the United States and North Korea offset better-than-expected Japanese economic growth. The market headed south as investors returned from a three-day holiday weekend in Japan, after geopolitical tensions dented overseas markets on Friday. Central Intelligence Agency director Mike Pompeo tried to lower the temperature at the weekend, offering assurances there was “nothing imminent” in the escalating stand-off […]
DOHA, Qatar (Reuters) — Qatar’s recent move to grant visa-free entry for nationals of 80 countries is aimed at decreasing the impact of its diplomatic row with Saudi Arabia and other regional nations, said a researcher on Thursday. Brookings Doha Center researcher Adel Abdel Ghafar said the sanctions on Qatar following the rift have brought many negative impacts on the country’s economy. “First of all, in the financial system, in terms of the trading between […]
SAN FRANCISCO, United States (AFP) — Shares of Snapchat parent Snap sank to new lows on Thursday after the company reported a hefty quarterly loss and user growth which missed Wall Street expectations. Revenue at the California-based company more than doubled to $182 million while its loss soared to $443 million in the quarter that ended June 30, according to an earnings release. Snap reported a loss of $116 million in the same quarter last […]
TOKYO, Japan (AFP) — Tokyo stocks were flat Thursday morning after a sell-off the previous day sparked by fears over United States-North Korea tensions, while Japanese cosmetic giant Shiseido surged on upbeat earnings. Global markets tumbled Wednesday as US President Donald Trump and North Korean leader Kim Jong-Un ratcheted up their confrontational rhetoric, with the nuclear-armed North rolling out a plan to launch missiles towards the US Pacific territory of Guam. Trump had stunned the world […]
Protected from icy winds by the fjords, the Barents Sea does not freeze even though it is located beyond the Arctic Circle in northern Russia, making it an ideal spot to raise trout and Atlantic salmon. (AFP Video) https://youtu.be/ROIe84igs1o
TOSHIBA, Japan (AFP) — Toshiba shares jumped Wednesday on expectations it will meet a deadline to submit long-delayed earnings to financial regulators, easing fears the troubled conglomerate’s stock will be yanked from the Tokyo Stock Exchange. The stock soared more than nine percent in early trading, before settling back at 293 yen at the lunch break, up 4.27 percent. There were growing worries that Toshiba, one of Japan’s best-known firms, may not make Thursday’s deadline […]
BEIJING, China (AFP) — Fast food giant McDonald’s said Tuesday it would almost double the number of restaurants in China over the next five years as it refocuses on international markets amid slowing United States sales. The Illinois-based burger chain will add 2,000 stores to its current 2,500 in China and aim for double-digit sales growth in each of the next five years, McDonald’s said in a statement. In particular, it will launch a foray […]
NEW YORK, United States (AFP) — The Dow and S&P 500 ended at fresh records Monday as a strong second-quarter earnings season continued to attract more funds to the United States equity market. The Dow Jones Industrial Average posted its ninth straight record, finishing at 22,118.42, a 0.1 percent increase over Friday’s close. The broad-based S&P 500 rose 0.2 percent to end at 2,480.91 also a new all-time high, while the Nasdaq Composite Index gained […]
MADRID, Spain (AFP) — Spain will call for a eurozone budget and finance minister to oversee it at an August 28 summit with France, Germany and Italy, Prime Minister Mariano Rajoy said Monday. “We are going to continue to work to deepen economic and monetary union,” conservative Rajoy said after meeting King Felipe on Mallorca. “Spain is backing a European finance minister and a European budget which will progressively bring closer together living standards and […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday after rosy United States jobs numbers provided relief to investors on the prospects for the world’s biggest economy. The benchmark Nikkei 225 index rose 0.55 percent, or 108.84 points, to 20,061.17 in the first minute of trade while the Topix index of all first-section shares was up 0.55 percent, or 9.05 points, at 1,640.50. The US economy continued robust job creation in July, with the […]
NEW YORK, United States (AFP) 00 Wall Street ended the week on an emphatic high note, as the blue-chip Dow rose to its eighth consecutive record finish Friday. Investors were buoyed by rosy job creation numbers in July, as the economy added 209,000 net new positions, as well as a string of good earnings reports. The Dow Jones Industrial Average rose 0.3 percent to close at 22,092.81, and the broader S&P 500 and tech-heavy Nasdaq […]
