[BENGALURU] European shares ended higher on Monday with telecom and retail stocks leading gains as Sino-US trade optimism and strong Chinese economic data eased some worries over global growth - though lacklustre earnings from big US banks weighed.
Reuters reported that US negotiators had tempered demands that China curb industrial subsidies as a condition for a deal after strong resistance from Beijing."Growth worries will continue to be shrugged off as long as trade talks go well and central banks continue to support monetary policy," said David Madden, an analyst at CMC Markets, London.
Shares of Norwegian metals maker Norsk Hydro rose to more than two-month highs after the company won further support for its bid to resume full output from its Alunorte alumina refinery in Brazil.
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Europe: Shares recover, airline stocks zoom on Brexit delay[BENGALURU] European shares ground higher on Thursday, buoyed by gains among bank and travel stocks, with risk appetite aided by a European Central Bank official expressing willingness to support the euro zone. Read more at The Business Times.
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Europe: Shares end higher boosted by banks and auto stocks[BENGALURU] European shares finished higher for a third straight day on Friday, with investor sentiment getting a boost from JP Morgan setting a strong start to US earnings and amid signs of stabilisation in China's economy. Read more at The Business Times.
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Europe: Stocks edge lower as threat of US tariffs hits Airbus, suppliers[FRANKFURT] European shares opened slightly lower on Tuesday, weighed down by planemaker Airbus and its suppliers, which took a hit from proposed US tariffs, while an event-packed week kept investors cautious. Read more at The Business Times.
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US: Banks, oil shares lead stocks higher[NEW YORK] Wall Street stocks finished a middling week on a positive note on Friday, rallying behind solid earnings from JPMorgan Chase and Chevron's acquisition of Anadarko. Read more at The Business Times.
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Singapore housing market ranked 2nd most expensive in the worldThe Singapore housing market maintains its second place, averaging US$874,372 (US$1,063 per sq ft), and Shanghai is third at US$872,555 (US$714 per sq ft).
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