BUENOS AIRES/NEW YORK Argentina's stocks, which crashed last month to multi-year lows, are starting to lure in hardy investors tempted by bargain basement prices, even as the country teeters on the brink of default ahead of a general election next month.
BUENOS AIRES/NEW YORK Argentine markets ended the week on a high after capital controls helped arrest a sharp plunge in the peso currency and local bond prices, but investors said the outlook remained shaky amid swirling political and financial uncertainty.
NEW YORK State approval for the privatization of Brazilian power company Companhia Energetica de Minas Gerais , known as Cemig, may take "at the maximum" six months, Chief Executive Officer Cledorvino Belini said on Tuesday.
NEW YORK, Aug 27 Declining stocks on Wall Street
weighed down a global equities gauge on Tuesday on lingering
worries about the U.S.-China trade war, while demand for U.S.
Treasuries and precious metals rose on recession fears.
NEW YORK Stocks, the dollar and oil prices fell on Friday while safe havens rose after President Donald Trump demanded U.S. companies look at alternatives to China for manufacturing, following Beijing's retaliatory tariffs on American goods.
* U.S. two-year/10-year yield curve inverts
(Updates with U.S. market close)
NEW YORK, Aug 23 Stocks and oil prices fell
sharply on Friday while traditional safe havens rose after U.S.
President Donald Trump threatened to further escalate his trade
war with China "this afternoon," following a new round of
retaliatory tariffs from Beijing.
* Trump expected to announce action on China later in the
NEW YORK A global equities gauge rose on Wednesday for a third day in four as bets on more economic stimulus overcame, for now, worries over the rising prospect of a global recession.