LONDON - World financial markets were unsettled again on Thursday as a week-long sell-off in benchmark government bonds, stocks and the dollar, and a race up in oil prices, was compounded by UK election uncertainty.
NEW YORK/SAN FRANCISCO - The Federal Reserve is sketching out plans to prevent an abrupt contraction in its massive balance sheet next year, when some $500 billion in bonds expire and risk disrupting markets and the U.S. economic recovery.
SINGAPORE - Oil prices eased on Thursday after hitting 2015 highs in the previous session, as an OPEC delegate indicated the group would stick to a strategy of pursuing market share rather than cutting output and traders took profits after a multi-week rally.
WASHINGTON - Federal Reserve Chair Janet Yellen on Wednesday said high equity valuations could pose potential dangers but that stability risks across the U.S. financial system remained in check. | Video
BRUSSELS - French Finance Michel Sapin said on Thursday that euro zone states would find a solution to the Greek debt crisis and that Greece should remain in the currency union.
- When Kim Forrest attends dog shows, she is there not just for her two wirehaired pointing griffons. She is also doing research for her day job as a portfolio manager and equity analyst.
LONDON, May 7 - European shares fell to their lowest in more than two months on Thursday, mirroring losses on Wall Street and Asia, with a stronger euro following a global bond rout and concerns about the outcome of the British election hitting sentiment.
* Yellen: Risks "moderated, not elevated," no bubbles forming
LONDON, May 7 - European shares fell to their lowest level in more than two months on Thursday, mirroring losses on Wall Street and Asia, with a stronger euro following a global bond rout and concerns about the outcome of the British election hitting sentiment.
TOKYO, May 7 - Japan's Nikkei share average fell to a more than one-month low on Thursday as a worldwide drop in government bond prices spread unease among investors, compounded by a sell-off on Wall Street. The Nikkei 225 ended 1.2 percent lower to 19,291.99, the lowest closing level since April 1. The broader Topix dropped 0.7 percent to 1,574.64 and the JPX-Nikkei Index 400 shed 0.7 percent to 14,267.40. Markets were closed in Japan from Monday to Wednesday for the Gold
May 7 - Hong Kong's benchmark Hang Seng index fell for the sixth consecutive session on Thursday after Morgan Stanley - usually bullish on China - downgraded the MSCI China Index for the first time in 7-1/2 years, citing valuation concerns.
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