The damage to the global economy this year will be less than previously expected, but still “unprecedented”, a leading international body says. The Organisation for Economic Cooperation and Development now
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Asian markets set for decline again as U.S. tech stocks falter
NEW YORK (Reuters) – Asian markets were expected to fall on Friday in response to declines in technology stocks that began last week and growing concerns about another round of
Equities rebound after three-session Nasdaq sell-off
NEW YORK (Reuters) – Global equity benchmarks rebounded and the dollar dipped on Wednesday following a sharp sell-off in U.S. tech stocks that had erased more than 10% from the
Stocks struggle as tech remains fragile, pound slides
MILAN (Reuters) – World shares struggled on Tuesday as doubts about a recovery in tech stocks lingered after last week’s rout, while the dollar awaited policy signals from the European
Oil prices fall on demand fears as U.S. summer driving season ends
MELBOURNE/SINGAPORE (Reuters) – Oil prices fell on Tuesday amid concerns over fuel demand as the peak U.S. driving season drew to a close and the U.S. Labor Day long weekend
World shares edge down ahead of U.S. jobs data
LONDON/SINGAPORE (Reuters) – World shares edged lower on Friday, and were on course for their worst week in more than two months, though gains in safer assets like bonds and
GLOBAL MARKETS-Asian stocks set to fall as Wall Street's tech rally stumbles
* Australian retail sales data in view * U.S., European stocks fall on tech sell-off * Dollar adds to gains, euro retreats to $1.18 * U.S. initial jobless claims rise
Stocks gain on brisk U.S. manufacturing survey, stimulus hopes
TOKYO/NEW YORK (Reuters) – Asian shares inched up on Wednesday following buoyant U.S. manufacturing indicators and a rally in U.S. tech shares, with investors also expecting more policy support from
World stocks hold firm, set for fifth straight month of gains
LONDON (Reuters) – World stocks hovered near record highs on Monday and were set to end August with five consecutive months of gains, as investors bet on central banks keeping
Portland mayor urges restraint, renunciation of violence after fatal shooting
(Reuters) – Officials in Portland, Oregon, said on Sunday they were braced for an escalation of protest-related violence that has convulsed the city for three months, citing social media posts