• World stocks rally on strong US earnings reports

    19 days ago - By Chron

    SINGAPORE - Global markets were broadly higher on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment.
    KEEPING SCORE: In Europe, Britain's FTSE 100 rebounded 1.7 percent to 7,151.86. Germany's DAX rose 1.6 percent to 11,471.98 and France's CAC 40 rallied 2.1 percent to 5,080.74. Wall Street was set for early gains. Dow futures added 0.6 percent to 24,997.00. The broader S&P 500 futures was 0.7 percent higher at 2,703.90.
    ASIA'S DAY: Japan's Nikkei 225 index jumped 2.2 percent to...
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  • Asian shares climb on strong US earnings; BOJ stands pat

    19 days ago - By Chron

    SINGAPORE - Asian markets rose on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment.
    KEEPING SCORE: Japan's Nikkei 225 index jumped 2.2 percent to 21,920.46 and the Shanghai Composite index added 1.2 percent to 2,598.68. Hong Kong's Hang Seng rose 1 percent to 24,830.09. Australia's S&P-ASX 200 reversed early losses and was up 0.4 percent at 5,830.30, and the Kospi in South Korea was 0.7 percent higher at 2,027.71. Shares were higher in Taiwan, Singapore and Thailand but fell in...
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