[ad_1] NEW YORK (Reuters) – A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though they pared losses as Wall Street edged higher on strong U.S. retail sales
Oil prices little changed despite Saudi export cuts, U.S. stocks draw
[ad_1] NEW YORK (Reuters) – Oil futures held steady on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. oil inventories supported prices, while a
Wall Street slips as healthcare slumps again
[ad_1] (Reuters) – U.S. stocks dipped in volatile trading on Thursday, ahead of a long Easter weekend, as another drop in healthcare stocks overshadowed gains from industrials after upbeat earnings. FILE PHOTO: Traders work on
Stocks erase weekly gains on lackluster manufacturing data
[ad_1] NEW YORK (Reuters) – A gauge of global stocks erased this week’s gains on Thursday after underwhelming manufacturing surveys from Asia and Europe and continued weakness in U.S. healthcare shares spurred profit-taking ahead of
U.S. retail sales, jobless claims data brighten economic picture
[ad_1] WASHINGTON (Reuters) – U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth
Asia Gold: China premiums bounce to two-year highs as prices dip, yuan gains
[ad_1] BENGALURU/MUMBAI (Reuters) – Gold premiums in top consumer China jumped to their highest in more than two years, as a drop in global prices and strengthening yuan encouraged purchases amid optimism about the state
Foxconn’s Gou’s close China links could weigh on Taiwan election chances
[ad_1] TAIPEI (Reuters) – While Foxconn chairman Terry Gou enters Taiwan’s rancorous political arena free of any political baggage, he could yet find himself weighed down by connections to Beijing forged during his pragmatic commercial
Oil prices slip, but supply cuts support
[ad_1] LONDON (Reuters) – Oil prices eased on Thursday, although a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran all limited losses. FILE PHOTO:
Pakistan finance minister to step down amid IMF bailout talks
[ad_1] ISLAMABAD (Reuters) – Pakistani Finance Minister Asad Umar on Thursday said he would step down, after he held talks with Prime Minister Imran Khan, raising fresh questions on plans for averting an economic crisis
China EV maker Byton says business as usual despite management upheaval
[ad_1] SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model