Global Markets

Brighter China data fails to lift stocks, dollar sags

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LONDON - A two-day rebound in global shares slowed and the dollar edged lower on Tuesday, as slightly above forecast Chinese growth data failed to erase concerns that the world's second-biggest economy is losing momentum.

Aussie edges higher after China GDP; dollar slips versus yen

SINGAPORE - The Australian dollar gained as much as half a percent on Tuesday after growth figures from China slightly exceeded market expectations, while the U.S. dollar struggled to gain traction and retreated against the yen.

8:44am BST

U.S. stocks end higher despite drag from IBM

NEW YORK - U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results limited gains. | Video

1:30am BST

Mitsui Sumitomo Insurance to continue investing in risk assets next FY

TOKYO - Mitsui Sumitomo Insurance Co Ltd plans to continue investing in risk assets such as foreign stocks and bonds next financial year as its capacity for taking on risk has risen, a senior company executive said on Tuesday.

5:56am BST

Ebola fear factor subsides in U.S. financial markets

NEW YORK - Investors should expect more calm to return to U.S. equity markets after some of the most volatile trading since 2012 as the 21-day incubation period for Ebola passes for many in Texas without new infections.

12:25am BST

Exclusive: Glencore, traders retreat from moving Canadian crude by rail - sources

CALGARY Alberta - Spot crude-by-rail volumes are down in Canada as traders and marketers including Glencore PLC are deterred by stronger heavy oil prices that have erased arbitrage opportunities to ship cheap crude from landlocked Alberta to higher-priced U.S. markets, industry sources said.

20 Oct 2014
World Markets

European shares dip early; Total falls after CEO dies

PARIS, Oct 21 - European shares fell in early trading on Tuesday, adding to the previous session's losses as data showing a slowdown in Chinese economic growth kept investors on edge, offsetting better-than-expected quarterly sales from Apple.

US STOCKS-U.S. stocks end higher despite drag from IBM

* Dow up 0.12 pct, S&P up 0.91 pct, Nasdaq up 1.35 pct (Adds market close, volume, Apple stock price)

Nikkei extends fall on Shiozaki comments, gets little help from China data

* Investors use minister's comments to book Monday's gains * China growth figures compound lingering global economic fears * Steel, machinery and shipping shares hit (Recasts, updates Nikkei level, market reaction) By Thomas Wilson TOKYO, Oct 21 - Japanese stocks fell on Tuesday, with the market latching on to comments from the welfare minister on the country's public pension fund as an excuse to take profits from outsized gains the previous day. The Nikkei share

Hong Kong shares end flat, dampened by weak China data

SHANGHAI, Oct 21 - Hong Kong shares ended flat on Tuesday following weakness in the local currency and concerns over whether upcoming talks between the government and pro-democracy protestors would end the current stalemate.

9:12am BST
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