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January, 19, 2017

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Business > Global Markets
Markets boosted by FBI decision
Global equities rebounded sharply Monday, the eve of the U.S. presidential election, after the FBI handed market favorite Hillary Clinton a major boost by ruling out criminal charges.
A sharp fall in Tokyo led losses in Asian stock markets Friday as traders fret over next week's U.S. election, with the dollar weakening further and safe-haven gold maintaining its lustre.
China and Russia will invest up to US$20 billion to develop a long-haul wide-bodied jet, reports Thursday and a company statement said, as Beijing seeks to challenge leading Western manufacturers Boeing and Airbus.
Markets slide further on prospect of Trump win
Global stock markets spiraled downwards Wednesday with Europe following Asia lower as investors fretted over growing fears of a Donald Trump presidency.
World markets choppy on positive China data
World stock markets wobbled Tuesday in choppy trade as investors eyed bright Chinese data, mixed company results and uncertainty over the U.S. presidential race, dealers said.
US vote twist spooks stock markets on eve of election
European and Asian stocks dropped on Monday as the U.S. presidential election race took a dramatic late twist.
World markets drifted into a lull on Friday, ahead of key U.S. economic growth data, as investors also waited on next week's vital central bank interest rate decisions.
Most Asian markets turned lower for a second day Thursday, with energy firms struggling after another sell-off in oil fueled by concerns about a planned output cut.
Asian markets mostly retreated Wednesday, with energy firms hit by sinking oil prices as fresh fears about a planned output cut by major producers was fanned by a report Russia will not take part.
The U.S. dollar rose in Asia Tuesday as the chances of an interest rate hike were further boosted, while most stock markets recovered from early losses to track a Wall Street lead higher.
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