Global Markets News
TOKYO - Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices revived investor concerns over slowing global growth, as markets nervously waited for Chinese and European manufacturing reports later in the day.
NEW YORK - U.S. stocks erased earlier gains to close lower on Wednesday as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen sold off following results, and energy stocks fell along with oil prices. | Video
TOKYO - The dollar steadied on Thursday, hovering near a one-week high versus the euro, supported by a slight rise in Treasury yields following news of an uptick in U.S. inflation.
LONDON - A dramatic upswing in volatility is putting post-crisis financial markets to the test, as curbs on banks' ability to take risks and an increase in technology-driven trading expose potential new cracks in the system.
- U.S. 30-year Treasury bond futures for June 2015 surged on Wednesday as the rest of the bond market was weaker on less worrisome data on domestic inflation. [US/]
WASHINGTON - Shares of U.S. weapons makers rose broadly on Wednesday after a spate of third-quarter results showed continued growth in earnings and operating margins despite weaker revenue.
NEW YORK, Oct 22 - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday.
PARIS, Oct 22 - European shares reversed early gains and dipped on Wednesday morning, with traders citing worries over potential failures in the European Central Bank's ongoing bank stress tests.
* Spanish news agency says 11 EU banks to fail stress test (Adds closing prices with no other changes to text)
By Thomas Wilson TOKYO, Oct 22 - Japanese stocks climbed more than 2 percent on Wednesday as the prospect of the European Central Bank taking further action to stimulate the faltering eurozone economy boosted investor sentiment. The Nikkei share average rose 2.6 percent to close at 15,195.77 points, more than recouping Tuesday's losses. Shares in Japanese suppliers to Apple Inc soared, with Foster Electric Co rising 5.4 percent and Japan Aviation Electronics Industry Lt
SHANGHAI, Oct 22 - Hong Kong shares had its best daily gain since early September, underpinned by a rally in U.S. shares and optimism the Chinese government will roll out more stimulus to prop up growth.