Global Markets

Asian shares at seven-year highs, cheered by Apple earnings

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TOKYO - Asian stocks scaled fresh seven-year peaks on Tuesday as Apple's upbeat earnings offset underlying caution ahead of the Federal Reserve's policy meeting scheduled to start later in the session.

Wall St. ends down as biotechs drop 4 percent

- U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen.

27 Apr 2015

Euro perks up on Greek hopes, dollar dips

SYDNEY - The euro hovered just under a three-week peak early on Tuesday, having pushed higher overnight as the dollar came under broad pressure and on renewed hopes that cash-strapped Greece was a step closer to securing fresh funding.

12:38am BST

Greece PM rules out default, cites wages and pensions as priority

ATHENS - Greek Prime Minister Alexis Tsipras on Tuesday said his government's top priority as it faces depleting cash coffers was to pay wages and pensions, though he subsequently added that defaulting on debt was not an option either.

12:59am BST

Oil slips as ample supply counters Yemen, drilling slump

NEW YORK - Crude settled lower on Monday as ample global supply blunted support from the conflict in Yemen and the falling number of U.S. rigs drilling for oil and kept traders cautious after prices reached 2015 peaks last week.

27 Apr 2015

U.S. services sector growth cools in April: Markit

NEW YORK, - U.S. services sector expansion eased slightly in April from a seven-month high in March on a dip in new business growth, but the pace of hiring in the sector accelerated to its highest since last June, an industry report showed on Monday.

27 Apr 2015
World Markets

European shares fall, Greek concerns weigh

LONDON, April 27 - European shares edged lower in early trading on Monday, with lingering concerns over Greece's debt situation prompting investors to trade cautiously at the start of a new week.

US STOCKS-Wall St ends down as biotechs drop 4 pct; Apple up late

* Indexes down: Dow 0.23 pct, S&P 0.41 pct, Nasdaq 0.63 pct (Updates close with volume, Apple gains after the bell)

Europe shares bounce as optimism on Greece wins out

LONDON, April 27 - European shares reversed early losses and closed up on Monday, with persistent concerns about Greece's debt situation offset by optimism that a reshuffled Greek negotiating team would brighten the outlook.

Nikkei ends down earnings, central bank meetings cap risk appetite

TOKYO, April 27 - Japanese stocks edged down on Monday in subdued trade as investors were cautious amid the earnings season and ahead of some key events later this week, including central bank meetings in Japan and the United States. The Nikkei share average ended 0.2 percent lower at 19,983.32. The broader Topix was flat at 1,619.07, with 1.87 billion shares changing hands, the lowest since April 14. The JPX-Nikkei Index 400 advanced 0.1 percent to 14,686.28. (Edit

Hong Kong stock up on HSBC, state firm merger hopes

April 27 - Hong Kong stocks advanced to fresh seven-year highs on Monday, led by Chinese state-owned giants on expectations that Beijing will accelerate mergers among state-owned enterprises (SOEs).

27 Apr 2015
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