Latest news with #StockMarkets
Al Etihad
20 hours ago
- Business
- Al Etihad
Hong Kong stocks set for biggest weekly loss since April on trade, Mideast jitters
20 June 2025 09:22 SHANGHAI (REUTERS)Hong Kong stocks rebounded on Friday after three sessions of losses but remained on track for their biggest weekly loss since April, as Sino-US trade talks and Middle East tensions weighed on investor sentiment. Mainland China shares edged blue-chip CSI300 Index climbed 0.2% by the lunch break while the Shanghai Composite Index gained 0.1%. Hong Kong benchmark Hang Seng was up 1.2%.China kept its benchmark lending rates unchanged, after rolling out sweeping monetary easing measures last month to support the uncertainties related to China-US trade friction, onshore share valuations may be range-bound at low levels near term, said UBS strategist Lei Meng in a note."We expect limited downside, and potential upside catalysts mainly from stronger policy easing, the continual entry of medium or long-term funds and structural reforms," Meng and Iran's conflict entered a second week and fears of a potential US attack on Iran hung over markets in Asia, impacting overall risk sentiment. The Hang Seng Index was down 1.6% this week, on track for the largest decline since April 7, if losses hold. The CSI300 Index was down 0.3%. Stock Markets Continue full coverage
Zawya
5 days ago
- Business
- Zawya
Mideast factors to watch on June 16
Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Stocks, dollar show resilience in Asia as oil gains * Oil prices volatile as Israel-Iran conflict ramps up * PRECIOUS-Gold hits near 2-month high as Middle East conflict boosts safe-haven demand * MIDEAST STOCKS-Gulf markets tumble as Israel-Iran conflict escalates * Iran lauds 'new method' as missiles hit Israel's Tel Aviv, Haifa * G7 leaders in Canada to discuss Israel-Iran conflict, hope to avoid Trump clash * Trump sees peace between Iran and Israel soon, eyes Putin role * Trump vetoed Israeli plan to kill Iran's supreme leader, US officials say * Hong Kong bourse seeks to woo Southeast Asia, Middle East firms for second listings UNITED ARAB EMIRATES * UAE's GDP grows by 4% in 2024 to 1.77 trillion dirhams, state news agency says * ADNOC leads $18.7 billion proposal to buy Australia's Santos in LNG push * UAE's non-oil exports hit record 177.3 bln dirhams in first quarter, official says * Etihad Airways says flights between Abu Dhabi and Tel Aviv cancelled until June 22 SAUDI ARABIA * Oil and gas important in times of conflict, Saudi Aramco CEO says ISRAEL * Israel's inflation rate eases more than expected to 3.1% in May * Britain's finance minister signals possible support for Israel in Iran conflict * Israel's Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran * Israel's El Al cancels all flights until June 19, some until June 23 * Tens of thousands protest in Netherlands over Israel's actions in Gaza EGYPT * Egypt signs financial closure deal with Norway's Scatec for 1 GW solar plant IRAN * Cyprus says it has been asked by Iran to convey 'some messages' to Israel (Compiled by Bangalore newsroom)
Wall Street Journal
23-05-2025
- Business
- Wall Street Journal
Treasury Yields Decline as Global Stock Markets Seek Direction
Treasury yields were slightly lower early in Europe after stabilizing in the previous session, after President Trump's tax bill was passed by the U.S. House of Representatives. Investor concerns about a ballooning budget deficit, however, remain. The dollar continued to edge lower, while global stock markets were struggling for meaningful direction following a mixed close on Wall Street.
