European stocks look set to open higher on Friday, with early-morning data showing the U.K. economic growth stalled in July. The pan-European Stoxx 600 was flat at 8:30 a.m. in London (3:30 a.m. ET), with no broad consensus movement among sectors and major bourses. Data released on Friday morning showed that the U.K. economy recorded…
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images U.K. economic growth flatlined in July, according to data published Friday, adding to Chancellor Rachel Reeves’ headache ahead of the Autumn…
Atlantide Phototravel | Corbis Documentary | Getty Images Asia-Pacific markets traded higher, tracking Wall Street gains overnight. Japan’s benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South Korea’s Kospi climbed 0.83%, and the small-cap Kosdaq jumped 0.65%. Australia’s benchmark S&P/ASX 200 added 0.41%. Futures for…
The 10-year U.S. Treasury yield fell to 4% Thursday, then snapped back as investors assessed the latest inflation data, as well as a jump in jobless claims. The yield on the benchmark 10-year Treasury was last unchanged at 4.032%, after falling to 4% earlier in the session. The 30-year Treasury yield meanwhile added more than…
LONDON — European stocks opened higher on Wednesday as investors assessed the latest trade news, corporate earnings and inflation data. The pan-European Stoxx 600 was 0.5% higher by 11:56 a.m. in London (6:56 a.m. ET), with most sectors and all major regional bourses in positive territory. Looking at individual stocks, shares of Danish pharmaceutical giant…
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift…
French President Emmanuel Macron speaks with the media after a meeting with U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskiy and European leaders, amid negotiations to end the Russian war in Ukraine, at the French Embassy in Washington, D.C., U.S., August 18, 2025. Yves Herman | Reuters France was thrown into further political chaos this…
The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to trade mixed on Monday as investors assessed the resignation of Japan’s prime minister and eyed key economic data in the region. Japan’s benchmark Nikkei 225 was set to open higher after Japanese Prime…
Two types of story dominated the chatter in the newsroom this week. The watercooler favourite? The antics of high-profile CEOs, with the departure of Nestle’s boss over an undisclosed affair with a subordinate and the resignation of Suntory’s CEO over the possible purchase of illegal substances both causing a stir in the London and Singapore…
President Donald Trump‘s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a decade after a cap was placed on this tax break for the first time in its history. Taxpayers who itemize tax breaks can claim the SALT deduction, which includes state and…
