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News by: Himanshu Singh

Friday Papers: Dealmaking falls to three-year low

by Himanshu Singh on Sep 30, 2016 at 04:31

And German bank crisis deepens as 10,000 jobs face the axe while banks blame low demand for loans and ECB's monetary policy for woes.

Overnight Markets: Wall Street falls sharply amid financial fears

by Himanshu Singh on Sep 30, 2016 at 04:18

Shares of big lenders fell amid growing concerns over the stability of Germany's biggest bank.

Thursday Papers: Deutsche woes draw in Draghi and Berlin

by Himanshu Singh on Sep 29, 2016 at 04:14

And oil price jumped after Opec agrees to cut production as Saudi Arabia and Iran appeared to set aside their differences.

Overnight Markets: US stocks rally as OPEC reaches output deal

by Himanshu Singh on Sep 29, 2016 at 04:11

The energy index had its best day since January, climbing 4.34%.

Wednesday Papers: Iran rejects Saudi offer to cap oil output

by Himanshu Singh on Sep 28, 2016 at 04:10

And Britain leaps into seventh place in competitiveness rankings as powerhouses Germany and Japan slip.

Overnight Markets: Wall Street rises after first presidential face-off

by Himanshu Singh on Sep 28, 2016 at 04:02

Consumer and technology stocks led gains amid perception Hillary Clinton beat Donald Trump in their first debate.

Overnight Markets: Wall Street falls ahead of presidential debate

by Himanshu Singh on Sep 27, 2016 at 07:16

Deutsche Bank's US-listed shares plunged after a German magazine said Chancellor Angela Merkel has ruled out state assistance for the lender.

Tuesday Papers: Pfizer drops plans to split

by Himanshu Singh on Sep 27, 2016 at 07:12

And Deutsche Bank shares slump to lowest level in a quarter of century as Merkel rules out state aid.

Asian shares decline after losses on Wall Street

by Himanshu Singh on Sep 26, 2016 at 04:13

Investors' attention turned from central banks to American politics ahead of the first US presidential debate.

Monday Papers: City of London fears ‘hard’ Brexit

by Himanshu Singh on Sep 26, 2016 at 04:09

And Brexit vote 'will not dent economy this year' as UK growth forecasts back to pre-referendum levels.

Sunday Papers: O2 fires up London float plans

by Himanshu Singh on Sep 25, 2016 at 06:39

And oil plumbs depths as Opec is still divided on its response to oil’s price slump.

Saturday Papers: Saudi Arabia backs oil cut

by Himanshu Singh on Sep 24, 2016 at 05:57

And Mike Ashley took charge of Sports Direct after chief executive quit.

Overnight Markets: US stocks extend rally after Fed rate move

by Himanshu Singh on Sep 23, 2016 at 04:15

Nasdaq notched a record close after the Fed left interest rates unchanged calming concerns that central banks might taper efforts to stimulate global growth.

Friday Papers: Maersk conglomerate to break up

by Himanshu Singh on Sep 23, 2016 at 04:10

And transatlantic trade war is in the offing after Boeing claims victory following WTO ruling on Airbus's EU subsidies.

Thursday Papers: Fed sets stage for 2016 rate rise

by Himanshu Singh on Sep 22, 2016 at 04:20

And Brexit not as bad as feared, says OECD as it performs u-turn on 2016 growth prediction.

Overnight Markets: Wall Street jumps as Fed holds rates steady

by Himanshu Singh on Sep 22, 2016 at 04:16

Policymakers also projected a less aggressive rise in rates both next year and in 2018.

Wednesday Papers: Santander pulls out of Williams & Glyn talks

by Himanshu Singh on Sep 21, 2016 at 04:17

And GlaxoSmithKline kills the hopes of break-up with choice of its consumer healthcare division's head as new boss.

Overnight Markets: US stocks inch up ahead of Fed outcome

by Himanshu Singh on Sep 21, 2016 at 04:13

Investors awaited the results of Fed and Bank of Japan policy meetings that will conclude on Wednesday.

Tuesday Papers: Central banks boost gold reserves

by Himanshu Singh on Sep 20, 2016 at 04:11

And banks can cope with loss of EU passports after Brexit, says Moody's.

Overnight Markets: Wall Street ends little changed

by Himanshu Singh on Sep 20, 2016 at 04:06

Gains in big bank stocks offset a drag from Apple, ahead of this week’s meetings by the Fed and the Bank of Japan.

 

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