LONDON – European markets pulled back on Friday as investors watched for a corollary vaccine rollout and a quick deadline for Brexit talks. The Pan-European Stocks 600 fell 0.3% in early trade, with Telecom down 1.7%, leading all sectors and major bosses to slide into negative territory. British Prime Minister …
Read More »Time for post-Brexit deals expires
LONDON – European stocks were muted on Thursday morning as markets traded on the Brexit trade deal between the UK and the EU this week. Pan-European stocks are hovering around the flatline in early 600 trade, with the food and beverage sector climbing 0.8% while travel stocks are down 0.7%. …
Read More »Singapore and Hong Kong pushed back the travel bubble, this time out of 2020
Closed departure hall at Hong Kong International Airport Terminal. Miguel Candela | Sopa Images | Light Rocket by Getty Images SINGAPORE – Singapore and Hong Kong have again delayed the start of their bilateral “travel bubble” – officials from both cities said on Tuesday, postponing the plan to 2020. The …
Read More »In November 2020, China officially released its manufacturing PMI
Lingling workers at a factory in Lianyang, Jiangsu Province, China. Stringer | AFP | Getty Images China said Monday that manufacturing activity rose for the ninth straight month in November as the world’s second-largest economy emerged from a recession caused by the coronavirus epidemic. The Manufacturing Facial Manufacturing Purchasing Managers’ …
Read More »European stocks are set to open lower as investors digest vaccine news
European stocks will come lower on Friday, with investors keeping an eye on vaccine news and the latest Chinese data. The UK’s FTSE is set to stabilize at 6,342, down 20 points, with France’s CAC dropping 33 points, the A6060 and Germany’s DX33 sinking 33 points, according to IG. Wall …
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