Stocks slide on poor earnings, bearish economic data China talks stimulus, but economic damage already done Euro near 4week high as Lagarde flags July rate hike NEW YORKLONDON, May 24 Reuters Shares slid worldwide on Tuesday as supply chain woes and surging costs hurt corporate earnings and manufacturing output slowed, while Treasury yields dipped as […]

SHANGHAI, May 26 Reuters A growing number of Chinese tech startups, once the darlings of equity markets, are willing to list shares publicly in China at valuations lower than during private funding rounds in socalled blood listings. Unlike tech sector woes elsewhere, triggered mainly by rising interest rates, the misery in China comes from frothy […]

BENGALURU, May 26 Reuters Indian shares bucked broader market weakness to end higher on Thursday as investors picked up beatendown financial and metal stocks after three straight sessions of losses. The NSE Nifty 50 index rallied in the last hour of trading to close 0.90 higher at 16,170.15, while the SP BSE Sensex advanced 0.94 to 54,252.53. […]

Rates as of 0500 GMT Market Recap From transitory to expeditiously  In the minutes of the May meeting of the Federal Open Market Committee FOMC, the ratesetting body of the US central banks, the new buzzword is expeditiously. So we got comments like participants agreed that the Committee should expeditiously move the stance of monetary […]

The yuan has been losing 1.6 in the past two days amid fears of an economic slowdown. This is a solid move compared to how unexpected the bad news was. In our opinion, the appreciation of the last two days should be seen as a continuation of the trend that started at the beginning of […]