Stock / Global

Trade hopes feed risk appetite, boosting stocks and bitcoin

Trade hopes feed risk appetite, boosting stocks and bitcoin

World stocks hovered near their highest levels in six weeks on Friday after a US trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries. India on Friday offered to slash its tariff gap with the US to less than 4 per cent from nearly 13 per cent now, in ex


Wildfires dent Berkshire's profit; cash soars to $347.7 billion

Wildfires dent Berkshire's profit; cash soars to $347.7 billion

Warren Buffett's Berkshire Hathaway (BRKa.N), opens new tab on Saturday posted a lower operating profit in the first quarter, dented by insurance losses from wildfires and foreign currency changes, while its cash stake grew to a record $347.7 billion. Operating profit for the Omaha, Nebraska-based

Stocks gain on signs that Sino-US trade tensions may be easing

Stocks gain on signs that Sino-US trade tensions may be easing

Global stocks surged on Friday as signs of possible trade talks between the US and China lifted risk sentiment after lacklustre earning results from tech bellwethers Apple and Amazon fuelled worries about the impact of a global trade war. China said on Friday the United States has repeatedly expre

World stocks hang onto hope as trade talk confusion lingers

World stocks hang onto hope as trade talk confusion lingers

Global equity markets held at their best levels in over three weeks on Monday, reflecting some hopes that the worst of tariff pain is over, but confusion over U.S. trade policy lingered and trapped the dollar.   European shares opened higher, U.S. stock futures were mixed and Asia

Asian shares mixed after Wall Street slump

Asian shares mixed after Wall Street slump

Asian shares were trading mixed amid global skepticism about US investments and President Donald Trump’s trade war. Trading was cautious in Asia, where the benchmark Nikkei 225 lost 0.3 per cent to 34,174.38. Australia's S&P/ASX 200 was virtually unchanged, inching up less than 0.1 per cent

Wall St tumbles, Nvidia drops after new US chip export curbs

Wall St tumbles, Nvidia drops after new US chip export curbs

Wall Street's main indexes slid on Wednesday, with chipmakers leading declines as Nvidia warned of steep charges from new US curbs on its chip exports to China, making it one of the biggest casualties of the trade war between the two countries. Global chip stocks took a battering as US President D

Battered world markets bounce back but mood is still fragile

Battered world markets bounce back but mood is still fragile

World markets won a reprieve on Tuesday after three days of heavy selling that wiped trillions of dollars off the value of shares, but the mood was cautious with a focus on whether Washington might negotiate on some of its aggressive tariffs. Asia stocks bounced off 1-1/2 year lows, European share

Global stock markets tumble, bonds rally on recession fear

Global stock markets tumble, bonds rally on recession fear

Asian share markets and US stock futures tumbled on Monday as fears of a global trade war led investors to ramp up bets on the risk of recession and a US rate cut as early as May. Monday's rout extends a two-day selloff that wiped trillions of dollars from equity values after US President Donald T

US stocks rise on optimism ahead of Trump tariff rollout

US stocks rise on optimism ahead of Trump tariff rollout

US stocks ended higher on Wednesday, as investors were waiting for U.S. President Donald Trump's tariff announcement The Dow Jones Industrial Average rose 235.36 points, or 0.56 percent, to 42,225.32. The S&P 500 added 37.90 points, or 0.67 percent, to 5,670.97. The Nasdaq Composite Index increase

Asian stocks slip as growth, tariff worries weigh

Asian stocks slip as growth, tariff worries weigh

Asian stocks inched lower on Friday in a subdued end to the week as deepening geopolitical worries and fears over US tariffs and their impact on the global economy curbed investors appetite for risk, keeping safe-haven gold near record highs. Policymakers across the globe struck a cautious note in