Tag Archives: market

With market on edge, investors look to tech trio

SAN FRANCISCO (Reuters) – The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailing Wall Street’s rally. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 17, 2018. REUTERS/Brendan ...

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China’s regulators rush to rally market confidence, boosting shares

SHANGHAI (Reuters) – China’s regulators lined up to rally market confidence on Friday with new rules, measures and words of comfort as shares brushed near four-year lows for the second straight day before surging. FILE PHOTO: An investor watches a board showing stock information at a brokerage office in Beijing, China October 8, 2018. REUTERS/Jason Lee Vice Premier Liu He, ...

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Asia shares erase losses as China’s market support helps Shanghai surge

SHANGHAI (Reuters) – Asian stocks clawed back losses on Friday as China’s efforts to bolster investor confidence helped its share markets rally, although data showing the world’s second-largest economy growing at the slowest pace since 2009 capped broader gains. FILE PHOTO: The skyline of Beijing’s central business district on a sunny day, China September 7, 2018. REUTERS/Jason Lee/File Photo The ...

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Asia air cargo market gets e-commerce boost as trade war yet to bite

JEJU, South Korea (Reuters) – Strong e-commerce demand is fuelling Asia’s air freight market, with the U.S.-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said on Friday. FILE PHOTO: A Sichuan Airlines Airbus A330-300 cargo plane awaits loading at Vaclav Havel Airport in Prague, Czech Republic, June 6, 2018. REUTERS/David ...

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Blackstone third-quarter profit beats estimates amid market rise

NEW YORK (Reuters) – Blackstone Group LP (BX.N), the world’s largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in third-quarter earnings on Thursday, as climbing equity markets buoyed its holdings. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the ...

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Goldman Sachs will slow consumer loan growth if market falters

(Reuters) – Goldman Sachs (GS.N) will limit loan growth in one of its new business areas if it sees a marked deterioration in credit quality, potentially jeopardizing new Chief Executive David Solomon’s task of boosting revenue by $5 billion by 2020. FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New ...

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Barclays to challenge Goldman in digital-only bank market: FT

NEW YORK (Reuters) – Barclays Plc (BARC.L) is launching a retail account that will offer U.S. consumers a low-cost, digital-only bank with the backing of a major financial institution, the Financial Times reported on Sunday. FILE PHOTO – The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London ...

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Machines take the blame as U.S. stock market sells off

NEW YORK (Reuters) – Investors searching for perpetrators and victims in this week’s U.S. stock market selloff pointed to a familiar source: number-crunching fund managers and machines. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 11, 2018. REUTERS/Brendan McDermid The benchmark U.S. S&P 500 stock index .SPX marked its biggest one-day ...

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