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Global Markets

Oil up 4 percent as OPEC meets, volatility hits post-Doha high


NEW YORK/LONDON Oil jumped as much as 4 percent on Monday as the world's largest producers gathered in Algeria to discuss ways to support prices, with nervous trade driving volatility to its highest since a similar meeting to freeze output in April in Doha which failed. | Video

Wall Street falls as investors brace for presidential debate

Wall Street fell on Monday as investors hunkered down for the first U.S. presidential debate between candidates Hillary Clinton and Donald Trump.

7:46pm BST

No sign of oil freeze at home as Russia meets OPEC

MOSCOW As Russian energy minister Alexander Novak flies to Algeria this week for talks with OPEC on output cuts, developments at home indicate non-OPEC Russia is not preparing for any coordinated production action.

4:30pm BST

U.S. new home sales fall in August but trend still positive

WASHINGTON New U.S. single-family home sales posted their biggest decline in nearly a year in August after soaring to nine-year highs the month before, with analysts saying the trend in sales remains positive.

5:58pm BST

Global stocks sag before U.S. presidential debate, oil jumps

NEW YORK Stock prices around the world fell on Monday ahead of the first U.S. presidential debate between Hillary Clinton and Donald Trump, while oil prices rose in advance of an informal OPEC meeting in Algeria on hopes for an output cut.

7:21pm BST

Fed will seek more capital from largest U.S. banks: Tarullo

WASHINGTON The Federal Reserve will seek significantly more capital from the largest U.S. banks and give some relief to smaller banks as it considers reforms to its annual 'stress test,' Fed Governor Daniel Tarullo said on Monday.

7:58pm BST
World Markets

European shares slip as banking and energy stocks fall

LONDON, Sept 26 European stocks fell on Monday as a pullback in the shares of major banking and energy companies weighed on the region's markets.

US STOCKS-Wall St falls as investors brace for presidential debate

Sept 26 Wall Street fell on Monday as investors hunkered down for the first U.S. presidential debate between candidates Hillary Clinton and Donald Trump.

European shares fall as Deutsche Bank leads financial stocks lower

LONDON, Sept 26 European shares fell on Monday, weighed down by major banking stocks, with Deutsche Bank hitting an all-time low amid concerns over the impact on its finances of a big U.S. fine.

Nikkei falls on strong yen, selling in Apple suppliers

TOKYO, Sept 26 Japan's Nikkei fell on Monday, with a strong yen souring overall sentiment and Apple Inc's suppliers underperforming on worries about weak overseas iPhone sales, while some investors turned their focus to the U.S. presidential debate.

Hong Kong stocks fall most in two weeks on global policy uncertainty

Sept 26 Hong Kong stocks suffered their biggest single-day drop in two weeks on Monday as the market's recent rally showed signs of fatigue.

9:16am BST
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