Tag Archives: currencies

Japan’s Nikkei average posted its biggest jump in a month on Friday, recovering from a one-month low hit in the previous session, as chip-related stocks rose and the Bank of Japan’s upcoming governor supported the current monetary easing policy. The index ended Friday up 1.29 percent to 27,453.48 points. The …

European stocks opened higher on Thursday as chipmakers rose on expectations of increased sales from US semiconductor company Nvidia. Shares of ASM International, BE Semiconductor and Extron rose between 1.6 and 3.2 percent, boosting the European technology sector 0.9 percent. Nvidia Corp. projected first-quarter revenue higher than Wall Street estimates …

Deutsche Telekom reported better-than-expected fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US, and forecast a slight rise in profits this year. Adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of 9.96 billion euros ($10.58 billion) for the quarter, slightly …

Shares in Danone SA rose on Wednesday after the French food products group reported better-than-expected fourth quarter sales that were fueled by higher prices. Total sales during the three months to the end of December jumped by 12% on a reported basis to €7.01B (€1 = $1.0644), mainly driven by stronger pricing and …

European stocks opened lower on Wednesday, weighed down by a drop in mining stocks due to a fall in metals prices, and strong economic data raised concerns that interest rates will remain high for a longer period. The pan-European Stoxx 600 index was down 0.4 percent by 0809 GMT. Investors …

The Japanese Nikkei index closed at its lowest level in a month on Wednesday, affected by a broad wave of selling amid global political tensions and fears that raising interest rates in the United States will lead to a slowdown in the global economy. The Nikkei index lost 1.34 percent …

European shares opened lower on Tuesday, with the impact of cautious expectations from HSBC on the Stoxx 600 index, while the optimistic performance of Engie shares mitigated some losses after the French energy company announced large annual profits. The European Stoxx 600 index fell 0.2 percent in the first hour …

Japanese stock markets ended lower on Tuesday, as investor confidence was shaken after a survey of companies showed that the country’s manufacturing activity contracted at the fastest pace in 30 months in February. The Nikkei index fell 0.21 percent to close at 27,473.10 points, and consumer goods stocks led the …

European stocks were flat on Monday, as continued gains in mining stocks, on the back of bets on demand recovery in China, offset losses in Telecom Italia, which led the decline in stocks in the eurozone. The pan-European Stoxx 600 index was little changed after rising slightly at the start …

Japanese stocks posted little gains at the close on Monday, as investors warned ahead of a week in which important US and global economic data and comments from the Bank of Japan’s new leadership team are expected. The Nikkei rose at the close, 0.07 percent, to record 27,531.94 points, and …