Global Markets News
NEW YORK - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for April.
NEW YORK - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the economy. | Video
NEW YORK - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency.
SHANGHAI - Chinese Premier Li Keqiang criticized the European Union over its plans to investigate alleged anti-competitive behavior by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported.
MONACO - AirAsia , which smashed order records for Airbus jets to become Asia's largest budget carrier, could buy another 50 planes as it targets aggressive expansion in India, Chief Executive Tony Fernandes said.
MEXICO CITY - Mexico is considering imposing retaliatory trade measures on the United States in a dispute over the fairness of U.S. rules requiring meat to carry labels that specify its origin, the country's economy ministry said on Friday.
LIMA, May 24 - Peruvian President Ollanta Humala said on Friday he will prioritize investments and speed up infrastructure projects after the economy hit a "bump in the road" with unexpectedly slow growth in the first quarter.
* FTSEurofirst 300 closes down 0.3 percent at 1,226.58 * Asia growth, talk of Fed QE tapering weighs on stocks * HSBC leads financials lower on growth and US worries * Next falls as Morgan Stanley cuts to "underweight" By David Brett LONDON, May 24 - European shares fell on Friday, marking their first weekly loss in a month, led by financials on concern over earnings prospects in Asia and the potential scaling back of U.S. monetary stimulus. The FTSEurofirst 30
* Nikkei may stay volatile for a while - traders * Nikkei support seen at 13,800 short-term, 13,000 mid-term - analysts * Futures-led trade swings market - traders By Ayai Tomisawa TOKYO, May 24 - The Nikkei share average rose in turbulent trade on Friday following the previous day's 7.3 percent dive, but the extreme volatility and worries that Japan's bull-run may be running out of steam sidelined many investors. The Nikkei rose 0.9 percent to end at 14,612.45 aft
* Hong Kong shares extended losses to lowest in almost a month
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