Israeli tanks, ships, and jets pounded parts of Gaza on Tuesday (October 7), offering no respite to Palestinians on the anniversary of the Hamas offensive that led to the two-year war and underscoring the challenges in negotiations over Donald Trump's plan to end the conflict. Israel continued its attacks, local residents said, after Hamas and Israel began indirect negotiations on Monday in the Egyptian resort of Sharm el-Sheikh on sensitive issues such as the withdrawal of Israeli troops from Gaza and Hamas' disarmament. The talks over the US president's plan are widely seen as the most...
European stocks bounced back on Monday, with the STOXX 50 and STOXX 600 closing about 0.5% higher at new records, boosted by a surge in defense stocks amid expectations of increased defense spending by European governments. European leaders meet in Paris today to discuss Russia's invasion of Ukraine and formulate a response after the U.S. signaled limits to its support for Ukraine. Meanwhile, U.S.-Russian negotiations on the Ukraine war are set to begin this week in Saudi Arabia, although uncertainty persists over Ukraine's participation, and European countries were not invited. Also,...
The Hang Seng closed nearly unchanged at 22,616 on Monday, after an initial surge of almost 1.5% earlier in the session. Gains in property and financial stocks offset losses in the technology and consumer sectors. Traders took profits following a tech-driven rally while awaiting further policy signals from Chinese President Xi Jinping's meeting with private enterprises, including Alibaba, Meituan, Xiaomi Corp, and BYD Co. Investors also monitored reports from Reuters indicating that Beijing hopes the European Commission will make a "political decision" regarding the bloc's anti-subsidy...
The Hang Seng closed nearly flat at 22,616 on Monday after rising almost 1.5% earlier in the session. Gains in property and financial stocks ultimately offset losses in technology and consumer sectors. Traders appeared to take profits following a tech-driven rally while awaiting further policy signals from Chinese President Xi Jinping's meeting with private enterprises, including Alibaba, Meituan, Xiaomi Corp, and BYD Co. Investors also monitored reports from Reuters, which indicated that Beijing hopes the European Commission will make a "political decision" regarding the bloc's...
European markets opened slightly higher on Monday, as regional defense and geopolitical uncertainty remain in focus. The pan-European Stoxx 600 was up by around 0.1% shortly after the opening bell, with major bourses trading in mixed territory. Geopolitical tensions between the U.S. and Europe are likely to be a focus for European markets this week as U.S. officials prepare for talks with Russia to end the war in Ukraine, with officials in Kyiv and Europe being left out of the discussions. European leaders are holding an emergency summit in Paris on Monday to discuss how to respond to...
Japan stocks were higher after the close on Monday, as gains in the Gas & Water, Power and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.10%. The best performers of the session on the Nikkei 225 were Nippon Express Holdings,Inc. (TYO:9147), which rose 8.29% or 207.50 points to trade at 2,712.00 at the close. Meanwhile, Dai-ichi Life Holdings Inc (TYO:8750) added 7.93% or 345.00 points to end at 4,698.00 and Credit Saison Co., Ltd. (TYO:8253) was up 6.84% or 242.00 points to 3,779.00 in late trade. The worst performers of the session were Dentsu...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Israeli tanks, ships, and jets pounded parts of Gaza on Tuesday (October 7), offering no respite to Palestinians on the anniversary of the Hamas offensive that led to the two-year war and...