Global Markets

Shares down on Russia sanctions, weak housing


NEW YORK - World stock markets fell on Monday as new European sanctions against Moscow chilled the already frosty relationship with Russia while the dollar hovered near six-month highs against a basket of major currencies.

Dollar edges lower ahead of key U.S. economic data

NEW YORK - The U.S. dollar edged lower against a basket of major currencies on Monday, halting last week's strongest advance since March but still hovering near six-month highs as traders awaited a glut of economic data and policy releases.

3:55pm BST

Wall Street falls after housing data disappoints

NEW YORK - U.S. stocks fell on Monday as weak data on the housing market and services sector were the latest indications of worsening economic conditions, taking the S&P 500 below a key support level.

3:49pm BST

Nikkei hits six-month high on earnings hopes; casino plays outperform

TOKYO - Japan's Nikkei average rose to six-month highs on Monday, and looked poised to test key resistance levels around 15,500 points, on hopes of continued improvement in corporate earnings.

4:26am BST

Reckitt helps keep Britain's FTSE afloat after solid update

LONDON - Britain's main equity index was little changed on Monday, helped by solid results from consumer-goods company Reckitt Benckiser and strong data about Chinese corporate profits.

9:53am BST

Sub-Saharan Africa bond issuance booms

- Bond issuance volumes from sub-Saharan African have already surpassed last year's levels with the promise of more to come.

10:39am BST
World Markets

European shares rise early; Ryanair jumps

PARIS, July 28 - European stocks rose in early trade on Monday, regaining their poise after a drop in the previous session, with Ryanair surging 5 percent after the airline boosted its annual profit outlook.

US STOCKS-Wall St falls after housing data disappoints

* Indexes down: Dow 0.4 pct, S&P 0.5 pct, Nasdaq 0.7 pct (Updates to market open, adds economic data)

European shares subdued as investors weigh earnings

LONDON/PARIS, July 28 - European stocks traded flat on Monday, with strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser balancing concerns over the implications of new international sanctions on Russia.

Nikkei rises to new 6-month high on earnings hopes; casino plays outperform

TOKYO, July 28 - The Nikkei share average hit a six-month closing high on Monday, buoyed by hopes for improvement in domestic corporate earnings, while casino-related plays outperformed on a media report that new casinos could be opened in Japan before the 2020 Summer Olympics. The benchmark Nikkei gained 0.5 percent to 15,529.40 points, its highest closing level since Jan. 23. Since mid-June, the index has tried a few times to rise above the 15,500 level but in vain. Still, th

UPDATE 1-China stocks hit 2014 highs as economy bets gather steam

* BoCom leads bank gains on plans to seek more private investors

10:15am BST
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