Improvised explosive device targets British vehicles in Baghdad

An improvised explosive device has targeted British diplomatic vehicles in Iraq’s capital Baghdad. The British embassy said the blast targeted an embassy convoy on the airport road, close to the Umm al-Tabool Mosque in Baghdad on Tuesday morning. There were

With big tech on holiday, world shares inch higher

LONDON (Reuters) – World shares inched higher led by Europe on Monday, after last week’s rout in U.S. technology stocks that saw $2.3 trillion in value wiped off in two days with investors taking note of lofty valuations when the

Asia stocks touch 29-month top, China blue chips at five-year high

SYDNEY (Reuters) – Asian shares notched a 29-month high on Monday as investors wagered global central banks would keep topping up the policy punchbowl for years to come, while an upbeat reading on China’s service sector augured well for recovery

Asian stocks mostly higher as trade, virus treatment hopes lift mood

SINGAPORE/HONG KONG (Reuters) – Asia’s stock markets were mostly higher on Tuesday as investors cheered signs of progress in U.S.-China trade negotiations and following a fresh Wall Street rally. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.32% to

Asian shares cautious as Sino-U.S. tensions weigh

SYDNEY (Reuters) – Asian stocks held tight ranges on Monday as worries over flaring tensions between the United States and China weighed on sentiment although signs of a recovery in industrial activity in the world’s second-largest economy capped losses. MSCI’s

Asia futures mixed as gold prices hold near record peak

WASHINGTON (Reuters) – Asia futures were mixed on Wednesday and gold traded mixed, after U.S. and European equities gained overnight on strong earnings results. Hong Kong futures were 0.01% lower, while Nikkei futures were trading slightly above the Nikkei 225

Asian shares drop as China consulate closure fans Sino-U.S. tensions

SHANGHAI/NEW YORK (Reuters) – Asian shares slipped on Thursday as investors’ worries over rising tensions between Washington and Beijing overcame hopes for more stimulus, after the United Sates ordered the closure of China’s consulate in Houston amid accusations of spying.

Houston, we have a problem

LONDON (Reuters) – News that the United States had ordered China to close its consulate in Houston fanned a bout of selling in equity markets on Wednesday, while the euro basked at a 21-month high in the afterglow of the

Asian shares firm, hope for best from U.S. earnings

SYDNEY (Reuters) – Asian shares got off to a firm start on Monday as investors wagered U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. MSCI’s broadest index of Asia-Pacific