Financial news: banks, currency

World stocks fell and safer assets, such as the yen and dollar, found buyers on Wednesday after a chaotic first U.S. presidential debate and rising...

The dollar was little changed in Asian trade on Wednesday, as traders assessed a fierce first debate between Republican President Donald Trump and...

Industrial and construction material stocks will be among the sectors that will benefit as U.S. markets hit fresh highs over the next year,...

Sogou Inc said on Tuesday shareholder Tencent Holdings Ltd would take the web search firm private in a $3.5 billion deal, making it the latest...

There have only been two direct listings on the New York Stock Exchange in the last two years. There is about to be two more in a single day.

Shares of LG Chem Ltd, which supplies batteries to Tesla Inc, climbed on Tuesday, after media said the U.S. electric vehicle maker was looking to...

Rates as of 04:00 GMT Market Recap I was out yesterday so my graphs today show the change from the NY close, not from 24 hours ago, which is what I...

Asian markets are moving upwards, gaining support from Wall Street’s bounce overnight. The S&P500 and Dow Jones added more than 1.5% on...

Indian shares rose for a third straight session on Tuesday, led by gains information technology sector and a surge in Tata Consultancy Services...

Copper prices advanced on Tuesday, though gains were capped as a steady U.S. dollar made greenback-priced metals less attractive to holders of...

The dollar held steady against a basket of currencies on Tuesday as financial markets braced for the first U.S. presidential debate, while traders...

U.S. stocks jumped after four weeks of declines and European shares added the most in three weeks as banks rebounded. The dollar weakened....

Gold futures on Friday were trading modestly higher as weakness in the dollar, helped to fuel some modest buying in bullion despite a rally in...

European stocks partially recovered from last week’s hefty losses on Monday, helped by upbeat industrial profits data from China and as...

Shares in Siemens Energy opened lower than expected on their first day of trading on the Frankfurt stock exchange, as the business gears up...

European stocks bounced Monday morning, looking to recover from their worst week since mid-June, with a global rise in coronavirus cases and...

The British pound rose to a 19-day high versus the euro and gained 0.7% against the U.S. dollar on Monday on hopes that Britain could secure a...

The dollar traded near a two-month peak against a basket of currencies on Monday, as doubts about economic recovery persisted before a barrage of...

The markets on Monday morning are supported by hopes for fiscal support in the US and progress in Brexit negotiations. Interestingly, the markets...

Japanese shares closed higher on Monday following bigger appetite for stocks that were set to go ex-dividend this week, although gains were capped...

European stocks recorded their worst weekly decline since mid-June on Friday, as investors feared that a second wave of coronavirus infections will...

Gold futures were headed lower again on Friday, with bullion on track to book its fourth decline in five sessions that could cement the...

As China grows in its economic and military strength, global investors and companies operating in the country face a dilemma, according to one...

Discussions around a new $2.2 trillion relief package in the US kept markets afloat on Thursday and are helping to build positive momentum at Asian...

Sterling rose against both the dollar and the euro on Friday as investors hoped Britain’s new scaled-back job support scheme will be followed...

The dollar stabilised below its recent two-month highs on Friday and riskier currencies erased some of their weekly losses, while equity markets...

Rates as of 04:00 GMT Market Recap A modest reversal yesterday as investors were encouraged by indications that House Speaker Pelosi and Treasury...

Investors sold off China Evergrande Group shares and bonds on Friday after a leaked document showed the nation's second-biggest property...

Copper prices on Friday rebounded from a one-month low hit in the previous session, as a weaker U.S. dollar boosted the appeal for greenback-priced...

Gold prices on Thursday headed lower, putting the precious commodity on track for a fourth straight decline and its longest skid since late April,...

Sri Lankan shares ended higher on Thursday, hitting a seven-month peak earlier in the session, driven by gains in financial and consumer stocks.

The U.S. dollar held at a two-month high on Thursday as investors sought its safe-haven appeal on growing concerns over the resilience of an...

Sterling edged slightly higher on Thursday ahead of an eventful day with Chancellor Rishi Sunak expected to unveil a new set of measures to support...

Global shares slid and the dollar rose on Thursday on investor concern about another economic hit from the coronavirus pandemic, ahead of German...

Europe is now grappling with a second wave of coronavirus infections that could once again wreak significant damage on the region’s economy....

Rates as of 04:00 GMT Market Recap The USD continued to rise, only this time it definitely was in response to a “risk-off” mood. Here...

Gold fell on Thursday to its lowest level in more than two months, crippled by a robust dollar, while investors fretted over uncertainties...

The dollar held onto gains against most currencies on Thursday as signs of an economic slowdown in Europe and in the United States revived concerns...

Japanese shares slipped on Thursday following hefty overnight losses on Wall Street after U.S. data reaffirmed concerns of a slow global economic...

Gold on Wednesday traded below $1,900 an ounce, a psychologically important round number, as positive momentum for stocks and a strengthening...

Faced with the costs of competing in a world of electronic and algorithmic trading, many banks are outsourcing parts of their foreign exchange...

China’s Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without setting up a cornerstone tranche...