|Day's range||7,557.34 - 7,601.65|
|52-week range||6,866.90 - 7,903.50|
Asian shares were mixed Wednesday, as some markets were cheered by bullish sentiments on Wall Street despite concerns about U.S. trade disputes with China. South Korea's Kospi was up 0.4 percent at 2,277.85. TRADE TENSIONS: Stocks have been buffeted by concerns about mounting trade tensions in recent months between the U.S. and China, set off by President Donald Trump's tariff policies.
TOKYO (AP) — Asian shares were mostly higher Tuesday amid doubts about the prospects for resolving the trade dispute between the U.S. and China.
Female chief executive officers of the biggest London-listed businesses are earning an average of 3 million pounds ($4 million) less than their male counterparts.
Stocks rose late in the day Friday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported that the countries hope to have a resolution by November. The report came a day after China said it will send an envoy to Washington for the first talks between the countries since early June.
The implications of the deadly collapse of a Genoa motorway bridge spread by the end of this week to Italy’s Benetton business empire, making it a political target after the government threatened to strip the concession from a road operator partly owned by the family group. Edizione, a Benetton family holding company, has a 30.25 per cent stake in Atlantia.
US stocks were modestly lower in the opening minutes of trade on Friday following a strong rebound in the previous trading session. Investors remained cautious amid volatility in Turkish markets, with the lira resuming its slide and further wrangling on trade between the US and China. The S&P 500 was flat at 2,840.60, with an 0.3 per cent gain in energy partially offset by an 0.2 per cent slide in tech stocks.
TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.
The US Securities and Exchange Commission has subpoenaed Tesla , according to a person familiar with the matter, as part of an investigation into a tweet by founder Elon Musk over plans to take the electric ...
TOKYO (AP) — Asian shares fell Thursday after deepening worries about global economic growth, particularly in China, set off a rout on Wall Street.
John Ridding, chief executive of the Financial Times, is to return a portion of his 2017 pay to the company following staff criticism of a sharp jump in remuneration that took his total package to more than £2.5m. Mr Ridding said in a note to employees that he would return his 2017 pay increase, which was £510,000 before tax. Mr Ridding’s pay in future would be “restructured” with a new scheme that will take into account his remuneration before the 2016 acquisition of the FT by Nikkei, the Japanese publishing group.
The FTSE 100 group increased pre-tax profits in the six months to June by 9 per cent from a year earlier to £211m, higher than analysts had expected, while turnover rose 14.5 per cent to £1.7bn. The Cardiff-based company, which also runs the comparison site confused.com, said it had seen “continuing elevated levels of inflation in property damage claims costs”, referring to higher costs for car repairs. “The front and back bumpers have sensors and all sorts, which makes some makes and models two or three times more expensive to repair than previous models,” said David Stevens, chief executive.
Can U.K. stocks get any less love on the global stage? Allocation to British equities dropped to a net 28 percent underweight in a Bank of America Merrill Lynch survey of global fund managers released Tuesday, the biggest drop since May 2016. It is no wonder: in dollar terms, the country’s shares have plunged to the lowest versus global equities since the 1970s, according to MSCI indexes.
Mining stocks hit two-year lows as a strong dollar loaded pressure on metals prices, which dragged the FTSE 100 to its lowest close since April. Miners such as BHP Billiton were hit hardest as weak Chinese ...
was ejected from the FTSE 100 index after setbacks to new products and falling prices. A strong set of interim results shows Hikma is a resilient business. Take injectable drugs, which account for four-fifths of profits.
Wall Street looks set to slide at the open, with futures lower after Chinese stocks fell more than 2 per cent and investors kept a watchful eye on developments in emerging markets. China’s Shanghai Composite fell 2.1 per cent on Tuesday keeping the equities gauge in bear market territory from a three-year high struck in January. Futures for the S&P 500 were down 0.6 per cent, while those for the Dow Jones Industrial Average shed ⅔ of 1 per cent. Nasdaq 100 futures were down 0.9 per cent.
The chief executives of the U.K.’s largest companies saw their compensation jump by 23 percent on average between 2016 and 2017, according to a new study that highlights the widening income gap with rank-and-file workers in the country. The mean pay for the heads of the FTSE 100 companies climbed to 5.66 million pounds ($7.23 million) in 2017, from 4.58 million pounds a year earlier, the annual analysis from the non-profit human resources organization CIPD and the High Pay Centre think tank showed. The figures -- which include base salaries, bonuses and other incentive payouts -- show that top executives are back to making about 145 times the average pay of their employees despite calls by Prime Minister Theresa May to check executive greed.
The chief executive officers of the largest London-listed companies are as likely to be named Dave as they are to be female. Just seven of the FTSE 100 companies’ CEOs are women, equal to the number of men named Dave or David who lead firms on the index, according to a report released Wednesday by the CIPD and the High Pay Centre. CEOs named Steve and Stephen also match up, with seven represented.
U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. The Turkish lira steadied as officials from Turkey and the U.S. said the countries are in talks to ease diplomatic tensions, which have resulted in high tariffs on Turkish steel and aluminum. Stocks in emerging markets like Argentina, Russia and Brazil jumped.
from a record low and its stock market recovered, providing some respite for investors’ frayed nerves. There were, however, few signs of Turkey backing away from a confrontation with the US, which imposed economic sanctions against Ankara in a move that helped trigger the lira’s plight. Recep Tayyip Erdogan, Turkey’s president, urged his citizens to boycott Apple and other US technology companies in retaliation for those sanctions.
The chief executives of the UK’s biggest listed companies received an 11 per cent raise last year pushing their median pay up to £3.93m, according to a report which found that full-time workers received a 2 per cent rise over the same period. and justify the pay gap between chief executives and staff, and spell out to investors the impact of future share price rises on executive pay.
warned that rising trade tensions were creating “considerable market uncertainty” as the Chilean copper miner reported a 16 per cent fall in first-half earnings. Copper prices have dropped 17 per cent since hitting a three-year high of more than $7,300 a tonne in early June as trade tensions escalate between the US and China, the world’s two largest economies. While that has not impacted actual physical demand for copper, it was making traders nervous, said Iván Arriagada, Antofagasta chief executive.
The old stock market saws are always the best, and one of the oldest is “bull markets narrow”. Well, this nine-year global bull market is narrowing, and it’s narrowing into US equities. Last year, the S&P 500 index rose an impressive 19 per cent. Other markets were just about competitive.
NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system.
London’s largest gold miner has had a tough 2018, hit by labour disputes in the Côte d’Ivoire and Mali, which have pushed down its stock price. Shares in Randgold have fallen 25 per cent this year, underperforming the wider market and also gold, down 6 per cent. Randgold Chief executive Mark Bristow said second-quarter results, published on Thursday, showed the company’s ability to deal with multiple challenges, including the work stoppages at the Tongon mine in the Côte d’Ivoire and the introduction of a new mining code in DRC.