SYDNEY / NEW YORK (Reuters) – Asian stocks posted a spike on Wall Street on Thursday, although sentiment was cautious ahead of US employment data. FILE PHOTO: An SGX sign is displayed on the Singapore Stock Exchange on July 19, 2017. REUTERS / Edgar Su MSCI’s broader index of Asia …
Read More »Chesapeake Energy filed for bankruptcy. Other oil and gas stocks could also be at risk.
Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
Read More »UK stocks fall as the economy falls sharply in 41 years and Royal Dutch Shell warns of up to $ 22 billion hit
UK stocks fell on Tuesday as Royal Dutch Shell’s warning that it could take a $ 22 billion redemption dragged down the FTSE 100 UKX, -0.75% lower. The UK economy also suffered its worst decline since 1979, as gross domestic product fell 2.2% between January and March, according to the …
Read More »European stocks recover, earnings in dollars before the quarter
LONDON (Reuters) – European stocks rebounded on Tuesday after a weak start, spreading optimism for the Asian session, and oil prices stabilized as investors looked for signs of an economic recovery in the second half of 2020. FILE PHOTO: The DAX chart of the German Stock Price Index is shown …
Read More »Asia sources as China’s PMI, US data encourages markets concerned about coronavirus surge
TOKYO / NEW YORK (Reuters) – Asian stocks rose on Tuesday after data showed China’s manufacturing sector grew more than expected in June, a sign of hope for a global economy still struggling to recover from the impact of the coronavirus crisis. FILE PHOTO: A man in a protective mask …
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