Global Markets

Stocks firm after China stimulus, euro hit by Greek anxiety


TOKYO - Asian stocks were firm on Tuesday after China's latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt.

Wall Street rallies on China stimulus ahead of tech earnings

- Wall Street ended sharply higher on Monday after China moved to stimulate its slowing economy while investors bought up technology stocks on cautious optimism on upcoming earnings reports. | Video

20 Apr 2015

Oil prices dip as U.S. stockpiles seen rising

SINGAPORE - Oil prices dipped slightly on Tuesday but remained near a 2015 peak reached last week as expectations of another rise in U.S. stockpiles and near-record-high Saudi Arabian output were balanced by rising tension in the Middle East.

5:20am BST

Dollar supported as Greek debt woes weigh on euro

TOKYO - The dollar held gains against its peers on Tuesday, drawing support as the euro slid overnight on increasing worries that Greece could default on its debt and eventually exit the single currency.

1:46am BST

China needs more reform to avert 'boom bust' market scenarios-BlackRock

SINGAPORE - The chief executive of BlackRock Inc , the world's largest money manager, said on Tuesday that China will need to continue to reform its capital markets to avert what he called boom and bust scenarios.

3:49am BST

China's Finance Minister hits out at U.S. "negative list" - Xinhua

BEIJING - China's Finance Minister Lou Jiwei criticized the U.S. proposal for sectors to be closed to foreign investment under a Bilateral Investment Treaty (BIT) that is currently being negotiated between Washington and Beijing, state media reported.

5:49am BST
World Markets

Telecoms firms lift Europe shares after Telenet-KPN Belgian deal

LONDON, April 20 - European shares edged higher early on Monday, led by the telecoms sector after Telenet's move to buy KPN's mobile telephony unit in Belgium.

US STOCKS-Wall St rallies on China stimulus ahead of tech earnings

* Indexes ends up: Dow 1.17 pct, S&P 0.92 pct, Nasdaq 1.27 pct (Updates IBM extended-trade prices, adds , detail on volume)

European stocks boosted by telecoms, China stimulus

LONDON, April 20 - European shares made a positive start to the week on Monday, helped by deal-making in the telecoms sector and stimulus from China, though gains were not enough to entirely erase losses from Friday's sharp sell-off.

Nikkei rises on earnings hopes; Toyota jumps 1.5 pct

* Nikkei up 0.8 percent * Investors seek automakers, electronic manufacturers ahead of earnings announcements * China's stimulus calms slowdown worries By Thomas Wilson TOKYO, Apr 21 - Japanese stocks rose on Tuesday morning as growing hopes for strong corporate earnings drove up exporters such as Toyota Motor and Panasonic Corp. The Nikkei benchmark added 0.8 percent to 19,796.72 by 0203 GMT, moving clear of a two week low hit on Monday. Market analysts sa

China stocks rise as interest shifts to small-caps; HK stocks also up

SHANGHAI, April 21 - Stocks in China rebounded on Tuesday, with investor interest shifting back to small caps as a slump in top trainmakers China CNR and CSR Corp soured sentiment toward infrastructure stocks.

5:41am BST
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